EQT AB (Sweden) Market Value
| EQT Stock | SEK 307.10 7.70 2.57% |
| Symbol | EQT |
EQT 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 EQT 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 EQT AB.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in EQT AB on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding EQT AB or generate 0.0% return on investment in EQT AB over 30 days. EQT AB is related to or competes with Investor, Kinnevik Investment, SBB-B, Investment, and Sinch AB. EQT AB is a private equity firm specializing in buyout investments More
EQT 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 EQT 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 EQT AB upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 9.42 | |||
| Value At Risk | (3.30) | |||
| Potential Upside | 2.47 |
EQT AB Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for EQT AB's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as EQT AB's standard deviation. In reality, there are many statistical measures that can use EQT AB historical prices to predict the future EQT AB's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.30) | |||
| Total Risk Alpha | (0.42) | |||
| Treynor Ratio | (0.19) |
EQT AB Backtested Returns
EQT AB secures Sharpe Ratio (or Efficiency) of -0.1, which denotes the company had a -0.1% return per unit of volatility over the last 3 months. EQT AB exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm EQT AB's Market Risk Adjusted Performance of (0.18), mean deviation of 1.25, and Standard Deviation of 1.7 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.03, which means a somewhat significant risk relative to the market. EQT AB returns are very sensitive to returns on the market. As the market goes up or down, EQT AB is expected to follow. At this point, EQT AB has a negative expected return of -0.18%. Please make sure to confirm EQT AB's skewness, as well as the relationship between the rate of daily change and period momentum indicator , to decide if EQT AB performance from the past will be repeated at future time.
Auto-correlation | 0.58 |
Modest predictability
EQT AB has modest predictability. Overlapping area represents the amount of predictability between EQT AB time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 EQT AB price movement. The serial correlation of 0.58 indicates that roughly 58.0% of current EQT AB price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.58 | |
| Spearman Rank Test | 0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 61.72 |
EQT AB lagged returns against current returns
Autocorrelation, which is EQT 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 EQT AB's stock expected returns. We can calculate the autocorrelation of EQT AB returns to help us make a trade decision. For example, suppose you find that EQT 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 |
EQT 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 EQT AB stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if EQT AB stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in EQT AB stock over time.
Current vs Lagged Prices |
| Timeline |
EQT AB Lagged Returns
When evaluating EQT AB's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of EQT AB stock have on its future price. EQT 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, EQT AB autocorrelation shows the relationship between EQT AB stock current value and its past values and can show if there is a momentum factor associated with investing in EQT AB.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for EQT Stock Analysis
When running EQT AB's price analysis, check to measure EQT 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 EQT AB is operating at the current time. Most of EQT AB's value examination focuses on studying past and present price action to predict the probability of EQT 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 EQT AB's price. Additionally, you may evaluate how the addition of EQT AB to your portfolios can decrease your overall portfolio volatility.