Kalleback Property (Sweden) Market Value
| KAPIAB Stock | SEK 177.50 1.50 0.85% |
| Symbol | Kalleback |
Kalleback Property '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 Kalleback Property'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 Kalleback Property.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Kalleback Property on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Kalleback Property Invest or generate 0.0% return on investment in Kalleback Property over 30 days. Kalleback Property is related to or competes with NP3 Fastigheter, Hufvudstaden, K2A Knaust, and Cibus Nordic. Kallebck Property Invest AB operates as a real estate company More
Kalleback Property 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 Kalleback Property'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 Kalleback Property Invest upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.35) | |||
| Maximum Drawdown | 2.2 | |||
| Value At Risk | (0.84) | |||
| Potential Upside | 0.8336 |
Kalleback Property Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kalleback Property's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kalleback Property's standard deviation. In reality, there are many statistical measures that can use Kalleback Property historical prices to predict the future Kalleback Property's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.11) | |||
| Treynor Ratio | (3.20) |
Kalleback Property Invest Backtested Returns
Kalleback Property Invest has Sharpe Ratio of -0.0278, which conveys that the firm had a -0.0278% return per unit of risk over the last 3 months. Kalleback Property exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Kalleback Property's Standard Deviation of 0.4542, risk adjusted performance of (0.05), and Mean Deviation of 0.34 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.012, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Kalleback Property's returns are expected to increase less than the market. However, during the bear market, the loss of holding Kalleback Property is expected to be smaller as well. At this point, Kalleback Property Invest has a negative expected return of -0.0122%. Please make sure to verify Kalleback Property's maximum drawdown, daily balance of power, period momentum indicator, as well as the relationship between the skewness and day typical price , to decide if Kalleback Property Invest performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.15 |
Insignificant predictability
Kalleback Property Invest has insignificant predictability. Overlapping area represents the amount of predictability between Kalleback Property time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 Kalleback Property Invest price movement. The serial correlation of 0.15 indicates that less than 15.0% of current Kalleback Property price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.15 | |
| Spearman Rank Test | -0.48 | |
| Residual Average | 0.0 | |
| Price Variance | 0.47 |
Kalleback Property Invest lagged returns against current returns
Autocorrelation, which is Kalleback Property 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 Kalleback Property's stock expected returns. We can calculate the autocorrelation of Kalleback Property returns to help us make a trade decision. For example, suppose you find that Kalleback Property 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 |
Kalleback Property 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 Kalleback Property stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kalleback Property stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kalleback Property stock over time.
Current vs Lagged Prices |
| Timeline |
Kalleback Property Lagged Returns
When evaluating Kalleback Property's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kalleback Property stock have on its future price. Kalleback Property 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, Kalleback Property autocorrelation shows the relationship between Kalleback Property stock current value and its past values and can show if there is a momentum factor associated with investing in Kalleback Property Invest.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Kalleback Stock
Kalleback Property financial ratios help investors to determine whether Kalleback 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 Kalleback with respect to the benefits of owning Kalleback Property security.