Arise Windpower (Sweden) Market Value
| ARISE Stock | SEK 36.90 1.45 3.78% |
| Symbol | Arise |
Arise Windpower 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Arise Windpower's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Arise Windpower.
| 06/03/2024 |
| 11/30/2024 |
If you would invest 0.00 in Arise Windpower on June 3, 2024 and sell it all today you would earn a total of 0.00 from holding Arise Windpower AB or generate 0.0% return on investment in Arise Windpower over 180 days. Arise Windpower is related to or competes with Eolus Vind, SolTech Energy, Garo AB, and NOTE AB. Arise AB , together with its subsidiaries, operates in the onshore wind power sector More
Arise Windpower Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Arise Windpower's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Arise Windpower AB upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.22) | |||
| Maximum Drawdown | 13.69 | |||
| Value At Risk | (3.41) | |||
| Potential Upside | 2.13 |
Arise Windpower Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Arise Windpower's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Arise Windpower's standard deviation. In reality, there are many statistical measures that can use Arise Windpower historical prices to predict the future Arise Windpower's volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.27) | |||
| Total Risk Alpha | (0.69) | |||
| Treynor Ratio | 0.6908 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Arise Windpower's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Arise Windpower AB Backtested Returns
Arise Windpower AB secures Sharpe Ratio (or Efficiency) of -0.13, which signifies that the company had a -0.13% return per unit of risk over the last 3 months. Arise Windpower AB exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Arise Windpower's Risk Adjusted Performance of (0.11), standard deviation of 2.11, and Mean Deviation of 1.49 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.48, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Arise Windpower are expected to decrease at a much lower rate. During the bear market, Arise Windpower is likely to outperform the market. At this point, Arise Windpower AB has a negative expected return of -0.28%. Please make sure to confirm Arise Windpower's skewness, and the relationship between the treynor ratio and rate of daily change , to decide if Arise Windpower AB performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.01 |
Virtually no predictability
Arise Windpower AB has virtually no predictability. Overlapping area represents the amount of predictability between Arise Windpower time series from 3rd of June 2024 to 1st of September 2024 and 1st of September 2024 to 30th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Arise Windpower AB price movement. The serial correlation of 0.01 indicates that just 1.0% of current Arise Windpower price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.01 | |
| Spearman Rank Test | 0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 3.72 |
Arise Windpower AB lagged returns against current returns
Autocorrelation, which is Arise Windpower stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Arise Windpower's stock expected returns. We can calculate the autocorrelation of Arise Windpower returns to help us make a trade decision. For example, suppose you find that Arise Windpower has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Arise Windpower regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Arise Windpower stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Arise Windpower stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Arise Windpower stock over time.
Current vs Lagged Prices |
| Timeline |
Arise Windpower Lagged Returns
When evaluating Arise Windpower's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Arise Windpower stock have on its future price. Arise Windpower autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Arise Windpower autocorrelation shows the relationship between Arise Windpower stock current value and its past values and can show if there is a momentum factor associated with investing in Arise Windpower AB.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Arise Stock Analysis
When running Arise Windpower's price analysis, check to measure Arise Windpower's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Arise Windpower is operating at the current time. Most of Arise Windpower's value examination focuses on studying past and present price action to predict the probability of Arise Windpower's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Arise Windpower's price. Additionally, you may evaluate how the addition of Arise Windpower to your portfolios can decrease your overall portfolio volatility.