Embracer Group (Sweden) Market Value
| EMBRAC-B | SEK 28.92 1.37 4.97% |
| Symbol | Embracer |
Embracer Group '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 Embracer Group'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 Embracer Group.
| 01/31/2024 |
| 11/26/2024 |
If you would invest 0.00 in Embracer Group on January 31, 2024 and sell it all today you would earn a total of 0.00 from holding Embracer Group AB or generate 0.0% return on investment in Embracer Group over 300 days. Embracer Group is related to or competes with Evolution, Sinch AB, SBB-B, Stillfront Group, and Investor. Embracer Group AB , together with its subsidiaries, develops and publishes PC and console games for the gaming market in... More
Embracer Group 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 Embracer Group'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 Embracer Group AB upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.08 | |||
| Information Ratio | 0.0775 | |||
| Maximum Drawdown | 18.26 | |||
| Value At Risk | (4.51) | |||
| Potential Upside | 6.24 |
Embracer Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Embracer Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Embracer Group's standard deviation. In reality, there are many statistical measures that can use Embracer Group historical prices to predict the future Embracer Group's volatility.| Risk Adjusted Performance | 0.099 | |||
| Jensen Alpha | 0.4193 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | 0.0766 | |||
| Treynor Ratio | (0.65) |
Embracer Group AB Backtested Returns
Embracer Group appears to be not too volatile, given 3 months investment horizon. Embracer Group AB secures Sharpe Ratio (or Efficiency) of 0.12, which denotes the company had a 0.12% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Embracer Group AB, which you can use to evaluate the volatility of the firm. Please utilize Embracer Group's Mean Deviation of 2.2, downside deviation of 3.08, and Semi Deviation of 2.72 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Embracer Group holds a performance score of 9. The firm shows a Beta (market volatility) of -0.54, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Embracer Group are expected to decrease at a much lower rate. During the bear market, Embracer Group is likely to outperform the market. Please check Embracer Group's sortino ratio, semi variance, and the relationship between the standard deviation and value at risk , to make a quick decision on whether Embracer Group's price patterns will revert.
Auto-correlation | 0.52 |
Modest predictability
Embracer Group AB has modest predictability. Overlapping area represents the amount of predictability between Embracer Group time series from 31st of January 2024 to 29th of June 2024 and 29th of June 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 Embracer Group AB price movement. The serial correlation of 0.52 indicates that about 52.0% of current Embracer Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.52 | |
| Spearman Rank Test | 0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 6.03 |
Embracer Group AB lagged returns against current returns
Autocorrelation, which is Embracer Group 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 Embracer Group's stock expected returns. We can calculate the autocorrelation of Embracer Group returns to help us make a trade decision. For example, suppose you find that Embracer Group 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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Embracer Group 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 Embracer Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Embracer Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Embracer Group stock over time.
Current vs Lagged Prices |
| Timeline |
Embracer Group Lagged Returns
When evaluating Embracer Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Embracer Group stock have on its future price. Embracer Group 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, Embracer Group autocorrelation shows the relationship between Embracer Group stock current value and its past values and can show if there is a momentum factor associated with investing in Embracer Group AB.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Embracer Stock
Embracer Group financial ratios help investors to determine whether Embracer 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 Embracer with respect to the benefits of owning Embracer Group security.