Bravida Holding (Sweden) Market Value
| BRAV Stock | SEK 78.50 0.75 0.96% |
| Symbol | Bravida |
Bravida Holding '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 Bravida Holding'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 Bravida Holding.
| 02/27/2024 |
| 11/23/2024 |
If you would invest 0.00 in Bravida Holding on February 27, 2024 and sell it all today you would earn a total of 0.00 from holding Bravida Holding AB or generate 0.0% return on investment in Bravida Holding over 270 days. Bravida Holding is related to or competes with Addtech AB, Teqnion AB, Vitec Software, and Lagercrantz Group. Bravida Holding AB provides technical services and installations for buildings and industrial facilities in Sweden, Norw... More
Bravida Holding 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 Bravida Holding'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 Bravida Holding AB upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 8.34 | |||
| Value At Risk | (2.01) | |||
| Potential Upside | 2.09 |
Bravida Holding Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bravida Holding's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bravida Holding's standard deviation. In reality, there are many statistical measures that can use Bravida Holding historical prices to predict the future Bravida Holding's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.34) | |||
| Treynor Ratio | (0.23) |
Bravida Holding AB Backtested Returns
Bravida Holding AB secures Sharpe Ratio (or Efficiency) of -0.0784, which signifies that the company had a -0.0784% return per unit of standard deviation over the last 3 months. Bravida Holding AB exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bravida Holding's mean deviation of 0.9998, and Risk Adjusted Performance of (0.06) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.54, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Bravida Holding's returns are expected to increase less than the market. However, during the bear market, the loss of holding Bravida Holding is expected to be smaller as well. At this point, Bravida Holding AB has a negative expected return of -0.11%. Please make sure to confirm Bravida Holding's market risk adjusted performance, coefficient of variation, jensen alpha, as well as the relationship between the mean deviation and standard deviation , to decide if Bravida Holding AB performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.16 |
Very weak predictability
Bravida Holding AB has very weak predictability. Overlapping area represents the amount of predictability between Bravida Holding time series from 27th of February 2024 to 11th of July 2024 and 11th of July 2024 to 23rd 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 Bravida Holding AB price movement. The serial correlation of 0.16 indicates that over 16.0% of current Bravida Holding price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.16 | |
| Spearman Rank Test | 0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 16.2 |
Bravida Holding AB lagged returns against current returns
Autocorrelation, which is Bravida Holding 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 Bravida Holding's stock expected returns. We can calculate the autocorrelation of Bravida Holding returns to help us make a trade decision. For example, suppose you find that Bravida Holding 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 |
Bravida Holding 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 Bravida Holding stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bravida Holding stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bravida Holding stock over time.
Current vs Lagged Prices |
| Timeline |
Bravida Holding Lagged Returns
When evaluating Bravida Holding's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bravida Holding stock have on its future price. Bravida Holding 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, Bravida Holding autocorrelation shows the relationship between Bravida Holding stock current value and its past values and can show if there is a momentum factor associated with investing in Bravida Holding AB.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Bravida Stock Analysis
When running Bravida Holding's price analysis, check to measure Bravida Holding'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 Bravida Holding is operating at the current time. Most of Bravida Holding's value examination focuses on studying past and present price action to predict the probability of Bravida Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bravida Holding's price. Additionally, you may evaluate how the addition of Bravida Holding to your portfolios can decrease your overall portfolio volatility.