Moment Group (Sweden) Market Value
| MOMENT Stock | SEK 10.15 0.10 0.98% |
| Symbol | Moment |
Moment 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 Moment 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 Moment Group.
| 11/11/2024 |
| 12/11/2024 |
If you would invest 0.00 in Moment Group on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding Moment Group AB or generate 0.0% return on investment in Moment Group over 30 days. Moment Group is related to or competes with Karolinska Development, Oncopeptides, and Episurf Medical. Moment Group AB operates in entertainment industry in Scandinavia More
Moment 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 Moment 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 Moment Group AB upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.45 | |||
| Information Ratio | 0.0464 | |||
| Maximum Drawdown | 21.4 | |||
| Value At Risk | (6.60) | |||
| Potential Upside | 7.14 |
Moment Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Moment Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Moment Group's standard deviation. In reality, there are many statistical measures that can use Moment Group historical prices to predict the future Moment Group's volatility.| Risk Adjusted Performance | 0.0601 | |||
| Jensen Alpha | 0.3105 | |||
| Total Risk Alpha | (0.44) | |||
| Sortino Ratio | 0.052 | |||
| Treynor Ratio | 1.12 |
Moment Group AB Backtested Returns
Moment Group appears to be slightly risky, given 3 months investment horizon. Moment Group AB has Sharpe Ratio of 0.0861, which conveys that the firm had a 0.0861% return per unit of risk over the last 3 months. We have found thirty technical indicators for Moment Group, which you can use to evaluate the volatility of the firm. Please exercise Moment Group's Downside Deviation of 4.45, mean deviation of 3.92, and Risk Adjusted Performance of 0.0601 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Moment Group holds a performance score of 6. The company secures a Beta (Market Risk) of 0.31, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Moment Group's returns are expected to increase less than the market. However, during the bear market, the loss of holding Moment Group is expected to be smaller as well. Please check Moment Group's expected short fall, and the relationship between the maximum drawdown and rate of daily change , to make a quick decision on whether Moment Group's current price movements will revert.
Auto-correlation | -0.69 |
Very good reverse predictability
Moment Group AB has very good reverse predictability. Overlapping area represents the amount of predictability between Moment Group time series from 11th of November 2024 to 26th of November 2024 and 26th of November 2024 to 11th of December 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 Moment Group AB price movement. The serial correlation of -0.69 indicates that around 69.0% of current Moment Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.69 | |
| Spearman Rank Test | 0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 0.57 |
Moment Group AB lagged returns against current returns
Autocorrelation, which is Moment 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 Moment Group's stock expected returns. We can calculate the autocorrelation of Moment Group returns to help us make a trade decision. For example, suppose you find that Moment 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 |
| Timeline |
Moment 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 Moment Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Moment Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Moment Group stock over time.
Current vs Lagged Prices |
| Timeline |
Moment Group Lagged Returns
When evaluating Moment Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Moment Group stock have on its future price. Moment 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, Moment Group autocorrelation shows the relationship between Moment Group stock current value and its past values and can show if there is a momentum factor associated with investing in Moment Group AB.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Moment Stock
Moment Group financial ratios help investors to determine whether Moment 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 Moment with respect to the benefits of owning Moment Group security.