Lagercrantz Group (Sweden) Market Value
| LAGR-B Stock | SEK 195.10 1.30 0.67% |
| Symbol | Lagercrantz |
Lagercrantz 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 Lagercrantz 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 Lagercrantz Group.
| 05/30/2024 |
| 11/26/2024 |
If you would invest 0.00 in Lagercrantz Group on May 30, 2024 and sell it all today you would earn a total of 0.00 from holding Lagercrantz Group AB or generate 0.0% return on investment in Lagercrantz Group over 180 days. Lagercrantz Group is related to or competes with Addtech AB, Lifco AB, Indutrade, Vitec Software, and AddLife AB. Lagercrantz Group AB operates as a technology company in the Europe, China, and the United states More
Lagercrantz 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 Lagercrantz 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 Lagercrantz Group AB upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.77 | |||
| Information Ratio | 0.0115 | |||
| Maximum Drawdown | 9.53 | |||
| Value At Risk | (2.52) | |||
| Potential Upside | 2.56 |
Lagercrantz Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lagercrantz Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lagercrantz Group's standard deviation. In reality, there are many statistical measures that can use Lagercrantz Group historical prices to predict the future Lagercrantz Group's volatility.| Risk Adjusted Performance | 0.0675 | |||
| Jensen Alpha | 0.1041 | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | 0.0121 | |||
| Treynor Ratio | 0.462 |
Lagercrantz Group Backtested Returns
At this point, Lagercrantz Group is very steady. Lagercrantz Group has Sharpe Ratio of 0.0641, which conveys that the firm had a 0.0641% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Lagercrantz Group, which you can use to evaluate the volatility of the firm. Please verify Lagercrantz Group's Downside Deviation of 1.77, mean deviation of 1.34, and Risk Adjusted Performance of 0.0675 to check out if the risk estimate we provide is consistent with the expected return of 0.12%. Lagercrantz Group has a performance score of 5 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.3, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Lagercrantz Group's returns are expected to increase less than the market. However, during the bear market, the loss of holding Lagercrantz Group is expected to be smaller as well. Lagercrantz Group right now secures a risk of 1.87%. Please verify Lagercrantz Group AB downside deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Lagercrantz Group AB will be following its current price movements.
Auto-correlation | -0.72 |
Almost perfect reverse predictability
Lagercrantz Group AB has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Lagercrantz Group time series from 30th of May 2024 to 28th of August 2024 and 28th of August 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 Lagercrantz Group price movement. The serial correlation of -0.72 indicates that around 72.0% of current Lagercrantz Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.72 | |
| Spearman Rank Test | -0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 69.2 |
Lagercrantz Group lagged returns against current returns
Autocorrelation, which is Lagercrantz 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 Lagercrantz Group's stock expected returns. We can calculate the autocorrelation of Lagercrantz Group returns to help us make a trade decision. For example, suppose you find that Lagercrantz 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 |
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Lagercrantz 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 Lagercrantz Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lagercrantz Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lagercrantz Group stock over time.
Current vs Lagged Prices |
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Lagercrantz Group Lagged Returns
When evaluating Lagercrantz Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lagercrantz Group stock have on its future price. Lagercrantz 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, Lagercrantz Group autocorrelation shows the relationship between Lagercrantz Group stock current value and its past values and can show if there is a momentum factor associated with investing in Lagercrantz Group AB.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Lagercrantz Stock
Lagercrantz Group financial ratios help investors to determine whether Lagercrantz 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 Lagercrantz with respect to the benefits of owning Lagercrantz Group security.