FM Mattsson (Sweden) Market Value
| FMM-B Stock | SEK 51.40 1.00 1.91% |
| Symbol | FMM-B |
FM Mattsson '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 FM Mattsson'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 FM Mattsson.
| 05/08/2023 |
| 11/28/2024 |
If you would invest 0.00 in FM Mattsson on May 8, 2023 and sell it all today you would earn a total of 0.00 from holding FM Mattsson Mora or generate 0.0% return on investment in FM Mattsson over 570 days. FM Mattsson is related to or competes with Hexagon AB, Investor, Investment, ASSA ABLOY, and Sinch AB. FM Mattsson Mora Group AB designs, manufactures, and sells faucets and accessories for kitchens and bathrooms in the Nor... More
FM Mattsson 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 FM Mattsson'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 FM Mattsson Mora upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.89 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 11.89 | |||
| Value At Risk | (2.87) | |||
| Potential Upside | 2.71 |
FM Mattsson Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for FM Mattsson's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as FM Mattsson's standard deviation. In reality, there are many statistical measures that can use FM Mattsson historical prices to predict the future FM Mattsson's volatility.| Risk Adjusted Performance | 0.0347 | |||
| Jensen Alpha | 0.0783 | |||
| Total Risk Alpha | (0.23) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | (0.41) |
FM Mattsson Mora Backtested Returns
Currently, FM Mattsson Mora is very steady. FM Mattsson Mora retains Efficiency (Sharpe Ratio) of 0.0033, which denotes the company had a 0.0033% return per unit of price deviation over the last 3 months. We have found twenty-nine technical indicators for FM Mattsson, which you can use to evaluate the volatility of the firm. Please confirm FM Mattsson's Downside Deviation of 1.89, standard deviation of 1.88, and Market Risk Adjusted Performance of (0.40) to check if the risk estimate we provide is consistent with the expected return of 0.0062%. The firm owns a Beta (Systematic Risk) of -0.15, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning FM Mattsson are expected to decrease at a much lower rate. During the bear market, FM Mattsson is likely to outperform the market. FM Mattsson Mora today owns a risk of 1.87%. Please confirm FM Mattsson Mora semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to decide if FM Mattsson Mora will be following its current price history.
Auto-correlation | -0.31 |
Poor reverse predictability
FM Mattsson Mora has poor reverse predictability. Overlapping area represents the amount of predictability between FM Mattsson time series from 8th of May 2023 to 17th of February 2024 and 17th of February 2024 to 28th 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 FM Mattsson Mora price movement. The serial correlation of -0.31 indicates that nearly 31.0% of current FM Mattsson price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.31 | |
| Spearman Rank Test | 0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 3.16 |
FM Mattsson Mora lagged returns against current returns
Autocorrelation, which is FM Mattsson 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 FM Mattsson's stock expected returns. We can calculate the autocorrelation of FM Mattsson returns to help us make a trade decision. For example, suppose you find that FM Mattsson 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 |
FM Mattsson 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 FM Mattsson stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if FM Mattsson stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in FM Mattsson stock over time.
Current vs Lagged Prices |
| Timeline |
FM Mattsson Lagged Returns
When evaluating FM Mattsson's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of FM Mattsson stock have on its future price. FM Mattsson 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, FM Mattsson autocorrelation shows the relationship between FM Mattsson stock current value and its past values and can show if there is a momentum factor associated with investing in FM Mattsson Mora.
Regressed Prices |
| Timeline |
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Additional Tools for FMM-B Stock Analysis
When running FM Mattsson's price analysis, check to measure FM Mattsson'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 FM Mattsson is operating at the current time. Most of FM Mattsson's value examination focuses on studying past and present price action to predict the probability of FM Mattsson's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FM Mattsson's price. Additionally, you may evaluate how the addition of FM Mattsson to your portfolios can decrease your overall portfolio volatility.