Bufab Holding (Sweden) Market Value
| BUFAB Stock | SEK 418.60 1.60 0.38% |
| Symbol | Bufab |
Bufab 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 Bufab 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 Bufab Holding.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Bufab Holding on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Bufab Holding AB or generate 0.0% return on investment in Bufab Holding over 30 days. Bufab Holding is related to or competes with Addtech AB, Teqnion AB, Vitec Software, and Lagercrantz Group. Bufab AB operates as a trading company that provides solutions for sourcing, quality control, and logistics for C-parts ... More
Bufab 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 Bufab 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 Bufab Holding AB upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.17 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 10.55 | |||
| Value At Risk | (3.41) | |||
| Potential Upside | 2.77 |
Bufab Holding Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bufab Holding's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bufab Holding's standard deviation. In reality, there are many statistical measures that can use Bufab Holding historical prices to predict the future Bufab Holding's volatility.| Risk Adjusted Performance | 0.0065 | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.34) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | (0.02) |
Bufab Holding AB Backtested Returns
Bufab Holding AB secures Sharpe Ratio (or Efficiency) of -0.0111, which signifies that the company had a -0.0111% return per unit of standard deviation over the last 3 months. Bufab Holding AB exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bufab Holding's risk adjusted performance of 0.0065, and Mean Deviation of 1.51 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.53, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Bufab Holding's returns are expected to increase less than the market. However, during the bear market, the loss of holding Bufab Holding is expected to be smaller as well. At this point, Bufab Holding AB has a negative expected return of -0.0238%. Please make sure to confirm Bufab Holding's total risk alpha, value at risk, and the relationship between the standard deviation and treynor ratio , to decide if Bufab Holding AB performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.64 |
Good predictability
Bufab Holding AB has good predictability. Overlapping area represents the amount of predictability between Bufab Holding 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 Bufab Holding AB price movement. The serial correlation of 0.64 indicates that roughly 64.0% of current Bufab Holding price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.64 | |
| Spearman Rank Test | 0.71 | |
| Residual Average | 0.0 | |
| Price Variance | 21.38 |
Bufab Holding AB lagged returns against current returns
Autocorrelation, which is Bufab 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 Bufab Holding's stock expected returns. We can calculate the autocorrelation of Bufab Holding returns to help us make a trade decision. For example, suppose you find that Bufab 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 |
Bufab 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 Bufab Holding stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bufab Holding stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bufab Holding stock over time.
Current vs Lagged Prices |
| Timeline |
Bufab Holding Lagged Returns
When evaluating Bufab Holding's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bufab Holding stock have on its future price. Bufab 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, Bufab Holding autocorrelation shows the relationship between Bufab Holding stock current value and its past values and can show if there is a momentum factor associated with investing in Bufab Holding AB.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Bufab Stock Analysis
When running Bufab Holding's price analysis, check to measure Bufab 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 Bufab Holding is operating at the current time. Most of Bufab Holding's value examination focuses on studying past and present price action to predict the probability of Bufab 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 Bufab Holding's price. Additionally, you may evaluate how the addition of Bufab Holding to your portfolios can decrease your overall portfolio volatility.