Integrum (Sweden) Market Value
| INTEG-B Stock | SEK 24.00 1.30 5.73% |
| Symbol | Integrum |
Integrum '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 Integrum'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 Integrum.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Integrum on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Integrum AB Series or generate 0.0% return on investment in Integrum over 30 days. Integrum is related to or competes with Addtech AB, Lifco AB, Indutrade, Lagercrantz Group, and Vitec Software. Integrum AB researches, develops, and sells various systems for bone-anchored prostheses More
Integrum 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 Integrum'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 Integrum AB Series upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.23) | |||
| Maximum Drawdown | 40.33 | |||
| Value At Risk | (4.43) | |||
| Potential Upside | 4.3 |
Integrum Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Integrum's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Integrum's standard deviation. In reality, there are many statistical measures that can use Integrum historical prices to predict the future Integrum's volatility.| Risk Adjusted Performance | (0.15) | |||
| Jensen Alpha | (1.17) | |||
| Total Risk Alpha | (1.88) | |||
| Treynor Ratio | (1.17) |
Integrum AB Series Backtested Returns
Integrum AB Series holds Efficiency (Sharpe) Ratio of -0.19, which attests that the entity had a -0.19% return per unit of risk over the last 3 months. Integrum AB Series exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Integrum's Market Risk Adjusted Performance of (1.16), risk adjusted performance of (0.15), and Standard Deviation of 5.2 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.91, which attests to possible diversification benefits within a given portfolio. Integrum returns are very sensitive to returns on the market. As the market goes up or down, Integrum is expected to follow. At this point, Integrum AB Series has a negative expected return of -1.01%. Please make sure to check out Integrum's kurtosis, as well as the relationship between the day median price and relative strength index , to decide if Integrum AB Series performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.42 |
Modest reverse predictability
Integrum AB Series has modest reverse predictability. Overlapping area represents the amount of predictability between Integrum time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 Integrum AB Series price movement. The serial correlation of -0.42 indicates that just about 42.0% of current Integrum price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.42 | |
| Spearman Rank Test | -0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 0.37 |
Integrum AB Series lagged returns against current returns
Autocorrelation, which is Integrum 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 Integrum's stock expected returns. We can calculate the autocorrelation of Integrum returns to help us make a trade decision. For example, suppose you find that Integrum 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 |
Integrum 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 Integrum stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Integrum stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Integrum stock over time.
Current vs Lagged Prices |
| Timeline |
Integrum Lagged Returns
When evaluating Integrum's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Integrum stock have on its future price. Integrum 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, Integrum autocorrelation shows the relationship between Integrum stock current value and its past values and can show if there is a momentum factor associated with investing in Integrum AB Series.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Integrum Stock
Integrum financial ratios help investors to determine whether Integrum 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 Integrum with respect to the benefits of owning Integrum security.