Bong AB (Sweden) Market Value
| BONG Stock | SEK 0.74 0.03 3.90% |
| Symbol | Bong |
Bong 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 Bong 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 Bong AB.
| 02/28/2023 |
| 02/17/2025 |
If you would invest 0.00 in Bong AB on February 28, 2023 and sell it all today you would earn a total of 0.00 from holding Bong AB or generate 0.0% return on investment in Bong AB over 720 days. Bong AB is related to or competes with CTT Systems, Bjorn Borg, and Eniro AB. Bong AB manufactures and sells specialty packaging and envelope products More
Bong 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 Bong 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 Bong AB upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 7.69 | |||
| Value At Risk | (3.66) | |||
| Potential Upside | 2.5 |
Bong AB Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bong AB's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bong AB's standard deviation. In reality, there are many statistical measures that can use Bong AB historical prices to predict the future Bong AB's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.24) | |||
| Total Risk Alpha | (0.24) | |||
| Treynor Ratio | (9.59) |
Bong AB Backtested Returns
Bong AB secures Sharpe Ratio (or Efficiency) of -0.0686, which signifies that the company had a -0.0686 % return per unit of risk over the last 3 months. Bong AB exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bong AB's Risk Adjusted Performance of (0.09), mean deviation of 1.27, and Standard Deviation of 1.75 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.025, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Bong AB's returns are expected to increase less than the market. However, during the bear market, the loss of holding Bong AB is expected to be smaller as well. At this point, Bong AB has a negative expected return of -0.12%. Please make sure to confirm Bong AB's total risk alpha, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to decide if Bong AB performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.49 |
Average predictability
Bong AB has average predictability. Overlapping area represents the amount of predictability between Bong AB time series from 28th of February 2023 to 23rd of February 2024 and 23rd of February 2024 to 17th 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 Bong AB price movement. The serial correlation of 0.49 indicates that about 49.0% of current Bong AB price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.49 | |
| Spearman Rank Test | 0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Bong AB lagged returns against current returns
Autocorrelation, which is Bong 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 Bong AB's stock expected returns. We can calculate the autocorrelation of Bong AB returns to help us make a trade decision. For example, suppose you find that Bong 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 |
Bong 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 Bong AB stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bong AB stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bong AB stock over time.
Current vs Lagged Prices |
| Timeline |
Bong AB Lagged Returns
When evaluating Bong AB's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bong AB stock have on its future price. Bong 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, Bong AB autocorrelation shows the relationship between Bong AB stock current value and its past values and can show if there is a momentum factor associated with investing in Bong AB.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Bong Stock Analysis
When running Bong AB's price analysis, check to measure Bong 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 Bong AB is operating at the current time. Most of Bong AB's value examination focuses on studying past and present price action to predict the probability of Bong 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 Bong AB's price. Additionally, you may evaluate how the addition of Bong AB to your portfolios can decrease your overall portfolio volatility.