AroCell AB (Sweden) Market Value
| AROC Stock | SEK 0.41 0.01 2.50% |
| Symbol | AroCell |
AroCell AB '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 AroCell AB'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 AroCell AB.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in AroCell AB on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding AroCell AB or generate 0.0% return on investment in AroCell AB over 30 days. AroCell AB is related to or competes with Smart Eye, Genovis AB, Kancera AB, and Zignsec AB. AroCell AB , a vitro diagnostics company, focuses on the monitoring of hematological malignancies, breast cancer, and ot... More
AroCell AB 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 AroCell AB'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 AroCell AB upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.25) | |||
| Maximum Drawdown | 18.16 | |||
| Value At Risk | (4.44) | |||
| Potential Upside | 3.7 |
AroCell AB Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AroCell AB's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AroCell AB's standard deviation. In reality, there are many statistical measures that can use AroCell AB historical prices to predict the future AroCell AB's volatility.| Risk Adjusted Performance | (0.15) | |||
| Jensen Alpha | (0.51) | |||
| Total Risk Alpha | (1.06) | |||
| Treynor Ratio | 0.774 |
AroCell AB Backtested Returns
AroCell AB secures Sharpe Ratio (or Efficiency) of -0.2, which signifies that the company had a -0.2% return per unit of risk over the last 3 months. AroCell AB exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm AroCell AB's Risk Adjusted Performance of (0.15), standard deviation of 2.91, and Mean Deviation of 2.14 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.78, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning AroCell AB are expected to decrease at a much lower rate. During the bear market, AroCell AB is likely to outperform the market. At this point, AroCell AB has a negative expected return of -0.58%. Please make sure to confirm AroCell AB's treynor ratio, potential upside, and the relationship between the total risk alpha and maximum drawdown , to decide if AroCell AB performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.58 |
Modest predictability
AroCell AB has modest predictability. Overlapping area represents the amount of predictability between AroCell AB time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 AroCell AB price movement. The serial correlation of 0.58 indicates that roughly 58.0% of current AroCell AB price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.58 | |
| Spearman Rank Test | 0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
AroCell AB lagged returns against current returns
Autocorrelation, which is AroCell AB 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 AroCell AB's stock expected returns. We can calculate the autocorrelation of AroCell AB returns to help us make a trade decision. For example, suppose you find that AroCell AB 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 |
AroCell AB 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 AroCell AB stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AroCell AB stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AroCell AB stock over time.
Current vs Lagged Prices |
| Timeline |
AroCell AB Lagged Returns
When evaluating AroCell AB's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AroCell AB stock have on its future price. AroCell AB 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, AroCell AB autocorrelation shows the relationship between AroCell AB stock current value and its past values and can show if there is a momentum factor associated with investing in AroCell AB.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for AroCell Stock Analysis
When running AroCell AB's price analysis, check to measure AroCell AB'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 AroCell AB is operating at the current time. Most of AroCell AB's value examination focuses on studying past and present price action to predict the probability of AroCell AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AroCell AB's price. Additionally, you may evaluate how the addition of AroCell AB to your portfolios can decrease your overall portfolio volatility.