Modelon AB (Sweden) Market Value
| MODEL-B Stock | SEK 11.50 0.30 2.68% |
| Symbol | Modelon |
Modelon 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 Modelon 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 Modelon AB.
| 09/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Modelon AB on September 28, 2024 and sell it all today you would earn a total of 0.00 from holding Modelon AB Cl or generate 0.0% return on investment in Modelon AB over 60 days. Modelon AB is related to or competes with Spectrumone Publ, Media, and Cantargia. Modelon AB provides systems modeling and simulation software solutions in Sweden and internationally More
Modelon 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 Modelon 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 Modelon AB Cl upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.8 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 17.59 | |||
| Value At Risk | (4.27) | |||
| Potential Upside | 4.59 |
Modelon AB Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Modelon AB's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Modelon AB's standard deviation. In reality, there are many statistical measures that can use Modelon AB historical prices to predict the future Modelon AB's volatility.| Risk Adjusted Performance | 0.019 | |||
| Jensen Alpha | (0.10) | |||
| Total Risk Alpha | (0.44) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0308 |
Modelon AB Cl Backtested Returns
At this point, Modelon AB is somewhat reliable. Modelon AB Cl has Sharpe Ratio of 0.0106, which conveys that the firm had a 0.0106% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Modelon AB, which you can use to evaluate the volatility of the firm. Please verify Modelon AB's Risk Adjusted Performance of 0.019, downside deviation of 3.8, and Mean Deviation of 2.0 to check out if the risk estimate we provide is consistent with the expected return of 0.0318%. The company secures a Beta (Market Risk) of 1.14, which conveys a somewhat significant risk relative to the market. Modelon AB returns are very sensitive to returns on the market. As the market goes up or down, Modelon AB is expected to follow. Modelon AB Cl right now secures a risk of 3.0%. Please verify Modelon AB Cl information ratio, downside variance, day typical price, as well as the relationship between the treynor ratio and kurtosis , to decide if Modelon AB Cl will be following its current price movements.
Auto-correlation | -0.19 |
Insignificant reverse predictability
Modelon AB Cl has insignificant reverse predictability. Overlapping area represents the amount of predictability between Modelon AB time series from 28th of September 2024 to 28th of October 2024 and 28th of October 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 Modelon AB Cl price movement. The serial correlation of -0.19 indicates that over 19.0% of current Modelon AB price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.19 | |
| Spearman Rank Test | 0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 0.12 |
Modelon AB Cl lagged returns against current returns
Autocorrelation, which is Modelon 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 Modelon AB's stock expected returns. We can calculate the autocorrelation of Modelon AB returns to help us make a trade decision. For example, suppose you find that Modelon 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 |
Modelon 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 Modelon AB stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Modelon AB stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Modelon AB stock over time.
Current vs Lagged Prices |
| Timeline |
Modelon AB Lagged Returns
When evaluating Modelon AB's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Modelon AB stock have on its future price. Modelon 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, Modelon AB autocorrelation shows the relationship between Modelon AB stock current value and its past values and can show if there is a momentum factor associated with investing in Modelon AB Cl.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Other Information on Investing in Modelon Stock
Modelon AB financial ratios help investors to determine whether Modelon 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 Modelon with respect to the benefits of owning Modelon AB security.