Luxbright (Sweden) Market Value
| LXB Stock | SEK 0.48 0.03 5.88% |
| Symbol | Luxbright |
Luxbright '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 Luxbright'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 Luxbright.
| 12/12/2025 |
| 01/11/2026 |
If you would invest 0.00 in Luxbright on December 12, 2025 and sell it all today you would earn a total of 0.00 from holding Luxbright AB or generate 0.0% return on investment in Luxbright over 30 days. Luxbright is related to or competes with SpectraCure, Iconovo, Real Heart, Pila Pharma, Sprint Bioscience, Immunovia Publ, and Spago Nanomedical. Luxbright AB, a technology company, develops and commercializes X-ray tubes, generators, and other X-ray systems to syst... More
Luxbright 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 Luxbright'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 Luxbright AB upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.10) | |||
| Maximum Drawdown | 26.03 | |||
| Value At Risk | (8.16) | |||
| Potential Upside | 10.14 |
Luxbright Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Luxbright's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Luxbright's standard deviation. In reality, there are many statistical measures that can use Luxbright historical prices to predict the future Luxbright's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.49) | |||
| Total Risk Alpha | (1.04) | |||
| Treynor Ratio | (0.84) |
Luxbright AB Backtested Returns
Luxbright AB has Sharpe Ratio of -0.0998, which conveys that the firm had a -0.0998 % return per unit of risk over the last 3 months. Luxbright exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Luxbright's Risk Adjusted Performance of (0.05), mean deviation of 3.73, and Standard Deviation of 5.19 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.53, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Luxbright's returns are expected to increase less than the market. However, during the bear market, the loss of holding Luxbright is expected to be smaller as well. At this point, Luxbright AB has a negative expected return of -0.5%. Please make sure to verify Luxbright's accumulation distribution, as well as the relationship between the day median price and period momentum indicator , to decide if Luxbright AB performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.03 |
Virtually no predictability
Luxbright AB has virtually no predictability. Overlapping area represents the amount of predictability between Luxbright time series from 12th of December 2025 to 27th of December 2025 and 27th of December 2025 to 11th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Luxbright AB price movement. The serial correlation of 0.03 indicates that only 3.0% of current Luxbright price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.03 | |
| Spearman Rank Test | 0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Luxbright AB lagged returns against current returns
Autocorrelation, which is Luxbright 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 Luxbright's stock expected returns. We can calculate the autocorrelation of Luxbright returns to help us make a trade decision. For example, suppose you find that Luxbright 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 |
Luxbright 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 Luxbright stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Luxbright stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Luxbright stock over time.
Current vs Lagged Prices |
| Timeline |
Luxbright Lagged Returns
When evaluating Luxbright's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Luxbright stock have on its future price. Luxbright 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, Luxbright autocorrelation shows the relationship between Luxbright stock current value and its past values and can show if there is a momentum factor associated with investing in Luxbright AB.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Luxbright Stock Analysis
When running Luxbright's price analysis, check to measure Luxbright'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 Luxbright is operating at the current time. Most of Luxbright's value examination focuses on studying past and present price action to predict the probability of Luxbright's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Luxbright's price. Additionally, you may evaluate how the addition of Luxbright to your portfolios can decrease your overall portfolio volatility.