Husqvarna (Sweden) Market Value
| HUSQ-B Stock | SEK 61.10 0.98 1.63% |
| Symbol | Husqvarna |
Husqvarna '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 Husqvarna'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 Husqvarna.
| 12/03/2022 |
| 11/22/2024 |
If you would invest 0.00 in Husqvarna on December 3, 2022 and sell it all today you would earn a total of 0.00 from holding Husqvarna AB or generate 0.0% return on investment in Husqvarna over 720 days. Husqvarna is related to or competes with AB Electrolux, Stora Enso, Industrivarden, and Holmen AB. Husqvarna AB produces and sells outdoor power and garden watering products worldwide More
Husqvarna 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 Husqvarna'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 Husqvarna AB upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 8.49 | |||
| Value At Risk | (2.42) | |||
| Potential Upside | 2.4 |
Husqvarna Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Husqvarna's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Husqvarna's standard deviation. In reality, there are many statistical measures that can use Husqvarna historical prices to predict the future Husqvarna's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.20) | |||
| Total Risk Alpha | (0.41) | |||
| Treynor Ratio | (1.46) |
Husqvarna AB Backtested Returns
Husqvarna AB holds Efficiency (Sharpe) Ratio of -0.0847, which attests that the entity had a -0.0847% return per unit of risk over the last 3 months. Husqvarna AB exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Husqvarna's Standard Deviation of 1.71, risk adjusted performance of (0.07), and Market Risk Adjusted Performance of (1.45) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.13, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Husqvarna's returns are expected to increase less than the market. However, during the bear market, the loss of holding Husqvarna is expected to be smaller as well. At this point, Husqvarna AB has a negative expected return of -0.15%. Please make sure to check out Husqvarna's potential upside, kurtosis, and the relationship between the maximum drawdown and skewness , to decide if Husqvarna AB performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.22 |
Weak predictability
Husqvarna AB has weak predictability. Overlapping area represents the amount of predictability between Husqvarna time series from 3rd of December 2022 to 28th of November 2023 and 28th of November 2023 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 Husqvarna AB price movement. The serial correlation of 0.22 indicates that over 22.0% of current Husqvarna price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.22 | |
| Spearman Rank Test | 0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 61.72 |
Husqvarna AB lagged returns against current returns
Autocorrelation, which is Husqvarna 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 Husqvarna's stock expected returns. We can calculate the autocorrelation of Husqvarna returns to help us make a trade decision. For example, suppose you find that Husqvarna 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 |
Husqvarna 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 Husqvarna stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Husqvarna stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Husqvarna stock over time.
Current vs Lagged Prices |
| Timeline |
Husqvarna Lagged Returns
When evaluating Husqvarna's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Husqvarna stock have on its future price. Husqvarna 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, Husqvarna autocorrelation shows the relationship between Husqvarna stock current value and its past values and can show if there is a momentum factor associated with investing in Husqvarna AB.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Husqvarna Stock
Husqvarna financial ratios help investors to determine whether Husqvarna 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 Husqvarna with respect to the benefits of owning Husqvarna security.