Midsona AB (Sweden) Market Value
| MSON-B Stock | SEK 8.60 0.20 2.38% |
| Symbol | Midsona |
Midsona 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 Midsona 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 Midsona AB.
| 12/05/2022 |
| 11/24/2024 |
If you would invest 0.00 in Midsona AB on December 5, 2022 and sell it all today you would earn a total of 0.00 from holding Midsona AB or generate 0.0% return on investment in Midsona AB over 720 days. Midsona AB is related to or competes with SBB-B, Media, Hexatronic Group, Sinch AB, and Embracer Group. Midsona AB develops, produces, and markets organic products, health foods, and consumer health products in Sweden, Norwa... More
Midsona 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 Midsona 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 Midsona AB upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 10.58 | |||
| Value At Risk | (3.90) | |||
| Potential Upside | 3.38 |
Midsona AB Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Midsona AB's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Midsona AB's standard deviation. In reality, there are many statistical measures that can use Midsona AB historical prices to predict the future Midsona AB's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.59) | |||
| Treynor Ratio | 0.4437 |
Midsona AB Backtested Returns
Midsona AB has Sharpe Ratio of -0.11, which conveys that the firm had a -0.11% return per unit of risk over the last 3 months. Midsona AB exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Midsona AB's Standard Deviation of 2.23, risk adjusted performance of (0.07), and Mean Deviation of 1.68 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.54, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Midsona AB are expected to decrease at a much lower rate. During the bear market, Midsona AB is likely to outperform the market. At this point, Midsona AB has a negative expected return of -0.25%. Please make sure to verify Midsona AB's coefficient of variation, jensen alpha, treynor ratio, as well as the relationship between the standard deviation and total risk alpha , to decide if Midsona AB performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.48 |
Modest reverse predictability
Midsona AB has modest reverse predictability. Overlapping area represents the amount of predictability between Midsona AB time series from 5th of December 2022 to 30th of November 2023 and 30th of November 2023 to 24th 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 Midsona AB price movement. The serial correlation of -0.48 indicates that about 48.0% of current Midsona AB price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.48 | |
| Spearman Rank Test | -0.58 | |
| Residual Average | 0.0 | |
| Price Variance | 1.21 |
Midsona AB lagged returns against current returns
Autocorrelation, which is Midsona 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 Midsona AB's stock expected returns. We can calculate the autocorrelation of Midsona AB returns to help us make a trade decision. For example, suppose you find that Midsona 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 |
Midsona 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 Midsona AB stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Midsona AB stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Midsona AB stock over time.
Current vs Lagged Prices |
| Timeline |
Midsona AB Lagged Returns
When evaluating Midsona AB's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Midsona AB stock have on its future price. Midsona 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, Midsona AB autocorrelation shows the relationship between Midsona AB stock current value and its past values and can show if there is a momentum factor associated with investing in Midsona AB.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Midsona Stock
Midsona AB financial ratios help investors to determine whether Midsona 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 Midsona with respect to the benefits of owning Midsona AB security.