Industrivarden (Sweden) Market Value
| INDU-C Stock | SEK 357.50 0.20 0.06% |
| Symbol | Industrivarden |
Industrivarden '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 Industrivarden'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 Industrivarden.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in Industrivarden on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding Industrivarden AB ser or generate 0.0% return on investment in Industrivarden over 720 days. Industrivarden is related to or competes with Investor, L E, Kinnevik Investment, Investment, and Castellum. Aktiebolaget Industrivrden is a publicly owned investment manager More
Industrivarden 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 Industrivarden'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 Industrivarden AB ser upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 5.19 | |||
| Value At Risk | (1.41) | |||
| Potential Upside | 1.32 |
Industrivarden Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Industrivarden's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Industrivarden's standard deviation. In reality, there are many statistical measures that can use Industrivarden historical prices to predict the future Industrivarden's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.21) | |||
| Treynor Ratio | (0.24) |
Industrivarden AB ser Backtested Returns
Industrivarden AB ser holds Efficiency (Sharpe) Ratio of -0.0065, which attests that the entity had a -0.0065% return per unit of risk over the last 3 months. Industrivarden AB ser exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Industrivarden's Standard Deviation of 0.9556, market risk adjusted performance of (0.23), and Risk Adjusted Performance of (0.03) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.21, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Industrivarden's returns are expected to increase less than the market. However, during the bear market, the loss of holding Industrivarden is expected to be smaller as well. At this point, Industrivarden AB ser has a negative expected return of -0.006%. Please make sure to check out Industrivarden's jensen alpha, treynor ratio, and the relationship between the standard deviation and total risk alpha , to decide if Industrivarden AB ser performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.59 |
Modest predictability
Industrivarden AB ser has modest predictability. Overlapping area represents the amount of predictability between Industrivarden time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd of December 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 Industrivarden AB ser price movement. The serial correlation of 0.59 indicates that roughly 59.0% of current Industrivarden price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.59 | |
| Spearman Rank Test | 0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 291.5 |
Industrivarden AB ser lagged returns against current returns
Autocorrelation, which is Industrivarden 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 Industrivarden's stock expected returns. We can calculate the autocorrelation of Industrivarden returns to help us make a trade decision. For example, suppose you find that Industrivarden 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 |
Industrivarden 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 Industrivarden stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Industrivarden stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Industrivarden stock over time.
Current vs Lagged Prices |
| Timeline |
Industrivarden Lagged Returns
When evaluating Industrivarden's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Industrivarden stock have on its future price. Industrivarden 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, Industrivarden autocorrelation shows the relationship between Industrivarden stock current value and its past values and can show if there is a momentum factor associated with investing in Industrivarden AB ser.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Industrivarden Stock
Industrivarden financial ratios help investors to determine whether Industrivarden 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 Industrivarden with respect to the benefits of owning Industrivarden security.