Lifco AB (Sweden) Market Value
| LIFCO-B Stock | SEK 321.00 1.40 0.44% |
| Symbol | Lifco |
Lifco AB '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 Lifco AB'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 Lifco AB.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Lifco AB on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Lifco AB or generate 0.0% return on investment in Lifco AB over 30 days. Lifco AB is related to or competes with Indutrade, Addtech AB, Teqnion AB, Vitec Software, and Lagercrantz Group. Lifco AB engages in the dental, demolition and tools, and systems solutions businesses More
Lifco AB 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 Lifco AB'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 Lifco AB upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 7.98 | |||
| Value At Risk | (2.88) | |||
| Potential Upside | 2.07 |
Lifco AB Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lifco AB's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lifco AB's standard deviation. In reality, there are many statistical measures that can use Lifco AB historical prices to predict the future Lifco AB's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.28) | |||
| Treynor Ratio | (0.07) |
Lifco AB Backtested Returns
Lifco AB has Sharpe Ratio of -0.0445, which conveys that the firm had a -0.0445% return per unit of risk over the last 3 months. Lifco AB exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Lifco AB's Mean Deviation of 1.22, standard deviation of 1.6, and insignificant Risk Adjusted Performance to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.38, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Lifco AB's returns are expected to increase less than the market. However, during the bear market, the loss of holding Lifco AB is expected to be smaller as well. At this point, Lifco AB has a negative expected return of -0.0698%. Please make sure to verify Lifco AB's skewness, and the relationship between the treynor ratio and rate of daily change , to decide if Lifco AB performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.31 |
Below average predictability
Lifco AB has below average predictability. Overlapping area represents the amount of predictability between Lifco AB time series from 28th of October 2024 to 12th of November 2024 and 12th of November 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 Lifco AB price movement. The serial correlation of 0.31 indicates that nearly 31.0% of current Lifco AB price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.31 | |
| Spearman Rank Test | 0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 24.78 |
Lifco AB lagged returns against current returns
Autocorrelation, which is Lifco AB 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 Lifco AB's stock expected returns. We can calculate the autocorrelation of Lifco AB returns to help us make a trade decision. For example, suppose you find that Lifco AB 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 |
Lifco AB 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 Lifco AB stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lifco AB stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lifco AB stock over time.
Current vs Lagged Prices |
| Timeline |
Lifco AB Lagged Returns
When evaluating Lifco AB's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lifco AB stock have on its future price. Lifco AB 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, Lifco AB autocorrelation shows the relationship between Lifco AB stock current value and its past values and can show if there is a momentum factor associated with investing in Lifco AB.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Lifco Stock
Lifco AB financial ratios help investors to determine whether Lifco 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 Lifco with respect to the benefits of owning Lifco AB security.