Beijer Alma (Sweden) Market Value
| BEIA-B Stock | SEK 198.00 2.20 1.12% |
| Symbol | Beijer |
Beijer Alma '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 Beijer Alma'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 Beijer Alma.
| 01/17/2025 |
| 02/16/2025 |
If you would invest 0.00 in Beijer Alma on January 17, 2025 and sell it all today you would earn a total of 0.00 from holding Beijer Alma AB or generate 0.0% return on investment in Beijer Alma over 30 days. Beijer Alma is related to or competes with Beijer Ref, Indutrade, Addtech AB, Nolato AB, and Bufab Holding. Beijer Alma AB and its subsidiaries engage in component manufacturing and industrial trading business in Sweden and inte... More
Beijer Alma 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 Beijer Alma'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 Beijer Alma AB upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.75 | |||
| Information Ratio | 0.1227 | |||
| Maximum Drawdown | 9.36 | |||
| Value At Risk | (2.61) | |||
| Potential Upside | 3.16 |
Beijer Alma Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Beijer Alma's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Beijer Alma's standard deviation. In reality, there are many statistical measures that can use Beijer Alma historical prices to predict the future Beijer Alma's volatility.| Risk Adjusted Performance | 0.0973 | |||
| Jensen Alpha | 0.227 | |||
| Total Risk Alpha | 0.2243 | |||
| Sortino Ratio | 0.1289 | |||
| Treynor Ratio | 1.49 |
Beijer Alma AB Backtested Returns
Beijer Alma appears to be very steady, given 3 months investment horizon. Beijer Alma 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. We have found thirty technical indicators for Beijer Alma AB, which you can use to evaluate the volatility of the firm. Please makes use of Beijer Alma's Mean Deviation of 1.34, risk adjusted performance of 0.0973, and Downside Deviation of 1.75 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Beijer Alma holds a performance score of 10. The firm shows a Beta (market volatility) of 0.15, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Beijer Alma's returns are expected to increase less than the market. However, during the bear market, the loss of holding Beijer Alma is expected to be smaller as well. Please check Beijer Alma's standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Beijer Alma's price patterns will revert.
Auto-correlation | 0.71 |
Good predictability
Beijer Alma AB has good predictability. Overlapping area represents the amount of predictability between Beijer Alma time series from 17th of January 2025 to 1st of February 2025 and 1st of February 2025 to 16th of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Beijer Alma AB price movement. The serial correlation of 0.71 indicates that around 71.0% of current Beijer Alma price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.71 | |
| Spearman Rank Test | 0.76 | |
| Residual Average | 0.0 | |
| Price Variance | 48.38 |
Beijer Alma AB lagged returns against current returns
Autocorrelation, which is Beijer Alma 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 Beijer Alma's stock expected returns. We can calculate the autocorrelation of Beijer Alma returns to help us make a trade decision. For example, suppose you find that Beijer Alma 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 |
Beijer Alma 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 Beijer Alma stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Beijer Alma stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Beijer Alma stock over time.
Current vs Lagged Prices |
| Timeline |
Beijer Alma Lagged Returns
When evaluating Beijer Alma's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Beijer Alma stock have on its future price. Beijer Alma 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, Beijer Alma autocorrelation shows the relationship between Beijer Alma stock current value and its past values and can show if there is a momentum factor associated with investing in Beijer Alma AB.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Beijer Stock
Beijer Alma financial ratios help investors to determine whether Beijer Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Beijer with respect to the benefits of owning Beijer Alma security.