Intervacc (Sweden) Market Value
| IVACC Stock | SEK 2.52 0.14 5.26% |
| Symbol | Intervacc |
Intervacc '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 Intervacc'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 Intervacc.
| 08/29/2024 |
| 11/27/2024 |
If you would invest 0.00 in Intervacc on August 29, 2024 and sell it all today you would earn a total of 0.00 from holding Intervacc AB or generate 0.0% return on investment in Intervacc over 90 days. Intervacc is related to or competes with Swedencare Publ, Oncopeptides, Kambi Group, and Genovis AB. Intervacc AB , a biotechnology company, engages in the research and development of veterinary vaccines using recombinant... More
Intervacc 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 Intervacc'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 Intervacc AB upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 22.26 | |||
| Value At Risk | (7.81) | |||
| Potential Upside | 6.67 |
Intervacc Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Intervacc's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Intervacc's standard deviation. In reality, there are many statistical measures that can use Intervacc historical prices to predict the future Intervacc's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.50) | |||
| Total Risk Alpha | (1.26) | |||
| Treynor Ratio | 1.99 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Intervacc'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.
Intervacc AB Backtested Returns
Intervacc AB holds Efficiency (Sharpe) Ratio of -0.11, which attests that the entity had a -0.11% return per unit of risk over the last 3 months. Intervacc AB exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Intervacc's Standard Deviation of 4.62, market risk adjusted performance of 2.0, and Risk Adjusted Performance of (0.08) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.27, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Intervacc are expected to decrease at a much lower rate. During the bear market, Intervacc is likely to outperform the market. At this point, Intervacc AB has a negative expected return of -0.52%. Please make sure to check out Intervacc's daily balance of power, market facilitation index, and the relationship between the kurtosis and day median price , to decide if Intervacc AB performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.45 |
Average predictability
Intervacc AB has average predictability. Overlapping area represents the amount of predictability between Intervacc time series from 29th of August 2024 to 13th of October 2024 and 13th of October 2024 to 27th 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 Intervacc AB price movement. The serial correlation of 0.45 indicates that just about 45.0% of current Intervacc price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.45 | |
| Spearman Rank Test | 0.46 | |
| Residual Average | 0.0 | |
| Price Variance | 0.11 |
Intervacc AB lagged returns against current returns
Autocorrelation, which is Intervacc 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 Intervacc's stock expected returns. We can calculate the autocorrelation of Intervacc returns to help us make a trade decision. For example, suppose you find that Intervacc 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 |
Intervacc 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 Intervacc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Intervacc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Intervacc stock over time.
Current vs Lagged Prices |
| Timeline |
Intervacc Lagged Returns
When evaluating Intervacc's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Intervacc stock have on its future price. Intervacc 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, Intervacc autocorrelation shows the relationship between Intervacc stock current value and its past values and can show if there is a momentum factor associated with investing in Intervacc AB.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Intervacc Stock Analysis
When running Intervacc's price analysis, check to measure Intervacc'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 Intervacc is operating at the current time. Most of Intervacc's value examination focuses on studying past and present price action to predict the probability of Intervacc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Intervacc's price. Additionally, you may evaluate how the addition of Intervacc to your portfolios can decrease your overall portfolio volatility.