KABE Group (Sweden) Market Value
| KABE-B Stock | SEK 300.00 1.00 0.33% |
| Symbol | KABE |
KABE Group '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 KABE Group'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 KABE Group.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in KABE Group on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding KABE Group AB or generate 0.0% return on investment in KABE Group over 30 days. KABE Group is related to or competes with Byggmax Group, Svedbergs, Inwido AB, New Wave, and VBG Group. KABE Group AB manufactures and sells caravans and mobile homes More
KABE Group 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 KABE Group'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 KABE Group AB upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.23) | |||
| Maximum Drawdown | 7.76 | |||
| Value At Risk | (3.22) | |||
| Potential Upside | 2.65 |
KABE Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for KABE Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as KABE Group's standard deviation. In reality, there are many statistical measures that can use KABE Group historical prices to predict the future KABE Group's volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.35) | |||
| Total Risk Alpha | (0.55) | |||
| Treynor Ratio | (0.49) |
KABE Group AB Backtested Returns
KABE Group AB retains Efficiency (Sharpe Ratio) of -0.13, which conveys that the company had a -0.13% return per unit of return volatility over the last 3 months. KABE Group exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify KABE Group's Standard Deviation of 1.74, mean deviation of 1.34, and Market Risk Adjusted Performance of (0.48) to check out the risk estimate we provide. The firm owns a Beta (Systematic Risk) of 0.57, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, KABE Group's returns are expected to increase less than the market. However, during the bear market, the loss of holding KABE Group is expected to be smaller as well. At this point, KABE Group AB has a negative expected return of -0.21%. Please make sure to verify KABE Group's standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to decide if KABE Group AB performance from the past will be repeated at some future date.
Auto-correlation | 0.63 |
Good predictability
KABE Group AB has good predictability. Overlapping area represents the amount of predictability between KABE Group 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 KABE Group AB price movement. The serial correlation of 0.63 indicates that roughly 63.0% of current KABE Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.63 | |
| Spearman Rank Test | 0.51 | |
| Residual Average | 0.0 | |
| Price Variance | 45.59 |
KABE Group AB lagged returns against current returns
Autocorrelation, which is KABE Group 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 KABE Group's stock expected returns. We can calculate the autocorrelation of KABE Group returns to help us make a trade decision. For example, suppose you find that KABE Group 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 |
KABE Group 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 KABE Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if KABE Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in KABE Group stock over time.
Current vs Lagged Prices |
| Timeline |
KABE Group Lagged Returns
When evaluating KABE Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of KABE Group stock have on its future price. KABE Group 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, KABE Group autocorrelation shows the relationship between KABE Group stock current value and its past values and can show if there is a momentum factor associated with investing in KABE Group AB.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in KABE Stock
KABE Group financial ratios help investors to determine whether KABE 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 KABE with respect to the benefits of owning KABE Group security.