Idogen AB (Sweden) Market Value

Symbol

Idogen

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 Idogen 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 Idogen AB.

Idogen AB Upside/Downside Indicators

Idogen AB Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Idogen AB's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Idogen AB's standard deviation. In reality, there are many statistical measures that can use Idogen AB historical prices to predict the future Idogen AB's volatility.

Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Idogen AB's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.

Autocorrelation, which is Idogen 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 Idogen AB's stock expected returns. We can calculate the autocorrelation of Idogen AB returns to help us make a trade decision. For example, suppose you find that Idogen 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.

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Idogen AB stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Idogen AB stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Idogen AB stock over time.

When evaluating Idogen AB's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Idogen AB stock have on its future price. Idogen 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, Idogen AB autocorrelation shows the relationship between Idogen AB stock current value and its past values and can show if there is a momentum factor associated with investing in Idogen AB.

Idogen AB financial ratios help investors to determine whether Idogen 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 Idogen with respect to the benefits of owning Idogen AB security.