Klimator (Sweden) Market Value
| KLIMAT Stock | 2.10 0.02 0.94% |
| Symbol | Klimator |
Klimator '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 Klimator'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 Klimator.
| 12/07/2022 |
| 11/26/2024 |
If you would invest 0.00 in Klimator on December 7, 2022 and sell it all today you would earn a total of 0.00 from holding Klimator AB or generate 0.0% return on investment in Klimator over 720 days. Klimator is related to or competes with Sinch AB, Hexatronic Group, SBB-B, Storskogen Group, and Cint Group. More
Klimator 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 Klimator'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 Klimator AB upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.31 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 20.91 | |||
| Value At Risk | (3.85) | |||
| Potential Upside | 5.53 |
Klimator Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Klimator's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Klimator's standard deviation. In reality, there are many statistical measures that can use Klimator historical prices to predict the future Klimator's volatility.| Risk Adjusted Performance | 0.0295 | |||
| Jensen Alpha | 0.1128 | |||
| Total Risk Alpha | (0.40) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | (0.26) |
Klimator AB Backtested Returns
At this point, Klimator is very risky. Klimator AB has Sharpe Ratio of 0.0418, which conveys that the firm had a 0.0418% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Klimator, which you can use to evaluate the volatility of the firm. Please verify Klimator's Downside Deviation of 2.31, risk adjusted performance of 0.0295, and Mean Deviation of 1.9 to check out if the risk estimate we provide is consistent with the expected return of 0.13%. Klimator has a performance score of 3 on a scale of 0 to 100. The company secures a Beta (Market Risk) of -0.29, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Klimator are expected to decrease at a much lower rate. During the bear market, Klimator is likely to outperform the market. Klimator AB right now secures a risk of 3.06%. Please verify Klimator AB jensen alpha, potential upside, accumulation distribution, as well as the relationship between the treynor ratio and expected short fall , to decide if Klimator AB will be following its current price movements.
Auto-correlation | -0.82 |
Excellent reverse predictability
Klimator AB has excellent reverse predictability. Overlapping area represents the amount of predictability between Klimator time series from 7th of December 2022 to 2nd of December 2023 and 2nd of December 2023 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 Klimator AB price movement. The serial correlation of -0.82 indicates that around 82.0% of current Klimator price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.82 | |
| Spearman Rank Test | -0.85 | |
| Residual Average | 0.0 | |
| Price Variance | 0.1 |
Klimator AB lagged returns against current returns
Autocorrelation, which is Klimator 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 Klimator's stock expected returns. We can calculate the autocorrelation of Klimator returns to help us make a trade decision. For example, suppose you find that Klimator 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 |
Klimator 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 Klimator stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Klimator stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Klimator stock over time.
Current vs Lagged Prices |
| Timeline |
Klimator Lagged Returns
When evaluating Klimator's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Klimator stock have on its future price. Klimator 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, Klimator autocorrelation shows the relationship between Klimator stock current value and its past values and can show if there is a momentum factor associated with investing in Klimator AB.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Klimator Stock
Klimator financial ratios help investors to determine whether Klimator 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 Klimator with respect to the benefits of owning Klimator security.