Cloetta AB (Sweden) Market Value
| CLA-B Stock | SEK 25.86 0.34 1.33% |
| Symbol | Cloetta |
Cloetta 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 Cloetta 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 Cloetta AB.
| 12/04/2022 |
| 11/23/2024 |
If you would invest 0.00 in Cloetta AB on December 4, 2022 and sell it all today you would earn a total of 0.00 from holding Cloetta AB or generate 0.0% return on investment in Cloetta AB over 720 days. Cloetta AB is related to or competes with Securitas, Clas Ohlson, Axfood AB, Byggmax Group, and Essity AB. It manufactures and markets chocolate confectionery products, including pralines, chocolate wafers, dragees, plates, and... More
Cloetta 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 Cloetta 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 Cloetta AB upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9324 | |||
| Information Ratio | 0.0533 | |||
| Maximum Drawdown | 9.81 | |||
| Value At Risk | (1.73) | |||
| Potential Upside | 2.36 |
Cloetta AB Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cloetta AB's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cloetta AB's standard deviation. In reality, there are many statistical measures that can use Cloetta AB historical prices to predict the future Cloetta AB's volatility.| Risk Adjusted Performance | 0.1123 | |||
| Jensen Alpha | 0.1908 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.0863 | |||
| Treynor Ratio | 2.32 |
Cloetta AB Backtested Returns
Cloetta AB appears to be very steady, given 3 months investment horizon. Cloetta AB secures Sharpe Ratio (or Efficiency) of 0.14, which signifies that the company had a 0.14% return per unit of risk over the last 3 months. We have found thirty technical indicators for Cloetta AB, which you can use to evaluate the volatility of the firm. Please makes use of Cloetta AB's Downside Deviation of 0.9324, risk adjusted performance of 0.1123, and Mean Deviation of 0.9539 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Cloetta AB holds a performance score of 11. The firm shows a Beta (market volatility) of 0.0868, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Cloetta AB's returns are expected to increase less than the market. However, during the bear market, the loss of holding Cloetta AB is expected to be smaller as well. Please check Cloetta AB's total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to make a quick decision on whether Cloetta AB's price patterns will revert.
Auto-correlation | -0.89 |
Excellent reverse predictability
Cloetta AB has excellent reverse predictability. Overlapping area represents the amount of predictability between Cloetta AB time series from 4th of December 2022 to 29th of November 2023 and 29th of November 2023 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 Cloetta AB price movement. The serial correlation of -0.89 indicates that approximately 89.0% of current Cloetta AB price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.89 | |
| Spearman Rank Test | -0.72 | |
| Residual Average | 0.0 | |
| Price Variance | 10.85 |
Cloetta AB lagged returns against current returns
Autocorrelation, which is Cloetta 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 Cloetta AB's stock expected returns. We can calculate the autocorrelation of Cloetta AB returns to help us make a trade decision. For example, suppose you find that Cloetta 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 |
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Cloetta 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 Cloetta AB stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cloetta AB stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cloetta AB stock over time.
Current vs Lagged Prices |
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Cloetta AB Lagged Returns
When evaluating Cloetta AB's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cloetta AB stock have on its future price. Cloetta 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, Cloetta AB autocorrelation shows the relationship between Cloetta AB stock current value and its past values and can show if there is a momentum factor associated with investing in Cloetta AB.
Regressed Prices |
| Timeline |
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Additional Tools for Cloetta Stock Analysis
When running Cloetta AB's price analysis, check to measure Cloetta 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 Cloetta AB is operating at the current time. Most of Cloetta AB's value examination focuses on studying past and present price action to predict the probability of Cloetta 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 Cloetta AB's price. Additionally, you may evaluate how the addition of Cloetta AB to your portfolios can decrease your overall portfolio volatility.