Lipum AB (Sweden) Market Value
| LIPUM Stock | SEK 16.70 0.40 2.34% |
| Symbol | Lipum |
Lipum 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 Lipum 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 Lipum AB.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Lipum AB on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Lipum AB or generate 0.0% return on investment in Lipum AB over 30 days. Lipum AB is related to or competes with Bavarian Nordic, BioPorto, Zaptec AS, and CBrain AS. Lipum AB , a biopharmaceutical company, engages in the discovery and development of treatment for chronic inflammatory d... More
Lipum 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 Lipum 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 Lipum AB upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.81 | |||
| Information Ratio | 0.1204 | |||
| Maximum Drawdown | 16.73 | |||
| Value At Risk | (4.10) | |||
| Potential Upside | 6.92 |
Lipum AB Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lipum AB's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lipum AB's standard deviation. In reality, there are many statistical measures that can use Lipum AB historical prices to predict the future Lipum AB's volatility.| Risk Adjusted Performance | 0.1232 | |||
| Jensen Alpha | 0.4872 | |||
| Total Risk Alpha | 0.064 | |||
| Sortino Ratio | 0.1521 | |||
| Treynor Ratio | 1.32 |
Lipum AB Backtested Returns
Lipum AB appears to be not too volatile, given 3 months investment horizon. Lipum AB has Sharpe Ratio of 0.12, which conveys that the firm had a 0.12% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Lipum AB, which you can use to evaluate the volatility of the firm. Please exercise Lipum AB's Risk Adjusted Performance of 0.1232, downside deviation of 2.81, and Mean Deviation of 2.8 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Lipum AB holds a performance score of 9. The company secures a Beta (Market Risk) of 0.4, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Lipum AB's returns are expected to increase less than the market. However, during the bear market, the loss of holding Lipum AB is expected to be smaller as well. Please check Lipum AB's value at risk, as well as the relationship between the skewness and day median price , to make a quick decision on whether Lipum AB's current price movements will revert.
Auto-correlation | 0.06 |
Virtually no predictability
Lipum AB has virtually no predictability. Overlapping area represents the amount of predictability between Lipum AB time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 Lipum AB price movement. The serial correlation of 0.06 indicates that barely 6.0% of current Lipum AB price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.06 | |
| Spearman Rank Test | 0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 1.25 |
Lipum AB lagged returns against current returns
Autocorrelation, which is Lipum 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 Lipum AB's stock expected returns. We can calculate the autocorrelation of Lipum AB returns to help us make a trade decision. For example, suppose you find that Lipum 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 |
Lipum 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 Lipum AB stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lipum AB stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lipum AB stock over time.
Current vs Lagged Prices |
| Timeline |
Lipum AB Lagged Returns
When evaluating Lipum AB's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lipum AB stock have on its future price. Lipum 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, Lipum AB autocorrelation shows the relationship between Lipum AB stock current value and its past values and can show if there is a momentum factor associated with investing in Lipum AB.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Lipum Stock Analysis
When running Lipum AB's price analysis, check to measure Lipum AB's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Lipum AB is operating at the current time. Most of Lipum AB's value examination focuses on studying past and present price action to predict the probability of Lipum AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lipum AB's price. Additionally, you may evaluate how the addition of Lipum AB to your portfolios can decrease your overall portfolio volatility.