NOBA Bank (Sweden) Market Value
| NOBA Stock | 122.50 18.50 17.79% |
| Symbol | NOBA |
NOBA Bank '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 NOBA Bank'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 NOBA Bank.
| 12/15/2025 |
| 01/14/2026 |
If you would invest 0.00 in NOBA Bank on December 15, 2025 and sell it all today you would earn a total of 0.00 from holding NOBA Bank or generate 0.0% return on investment in NOBA Bank over 30 days.
NOBA Bank 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 NOBA Bank'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 NOBA Bank upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.88 | |||
| Information Ratio | 0.1282 | |||
| Maximum Drawdown | 7.74 | |||
| Value At Risk | (3.40) | |||
| Potential Upside | 3.08 |
NOBA Bank Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for NOBA Bank's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NOBA Bank's standard deviation. In reality, there are many statistical measures that can use NOBA Bank historical prices to predict the future NOBA Bank's volatility.| Risk Adjusted Performance | 0.1275 | |||
| Jensen Alpha | 0.4912 | |||
| Total Risk Alpha | 0.1331 | |||
| Sortino Ratio | 0.1949 | |||
| Treynor Ratio | (0.89) |
NOBA Bank Backtested Returns
NOBA Bank appears to be very steady, given 3 months investment horizon. NOBA Bank retains Efficiency (Sharpe Ratio) of 0.16, which conveys that the firm had a 0.16 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for NOBA Bank, which you can use to evaluate the volatility of the firm. Please exercise NOBA Bank's Mean Deviation of 1.77, semi deviation of 1.63, and Market Risk Adjusted Performance of (0.88) to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, NOBA Bank holds a performance score of 12. The company owns a Beta (Systematic Risk) of -0.5, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning NOBA Bank are expected to decrease at a much lower rate. During the bear market, NOBA Bank is likely to outperform the market. Please check NOBA Bank's semi deviation, coefficient of variation, jensen alpha, as well as the relationship between the downside deviation and information ratio , to make a quick decision on whether NOBA Bank's current price history will revert.
Auto-correlation | 0.55 |
Modest predictability
NOBA Bank has modest predictability. Overlapping area represents the amount of predictability between NOBA Bank time series from 15th of December 2025 to 30th of December 2025 and 30th of December 2025 to 14th 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 NOBA Bank price movement. The serial correlation of 0.55 indicates that about 55.0% of current NOBA Bank price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.55 | |
| Spearman Rank Test | 0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 36.28 |
NOBA Bank lagged returns against current returns
Autocorrelation, which is NOBA Bank 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 NOBA Bank's stock expected returns. We can calculate the autocorrelation of NOBA Bank returns to help us make a trade decision. For example, suppose you find that NOBA Bank 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 |
NOBA Bank 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 NOBA Bank stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if NOBA Bank stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in NOBA Bank stock over time.
Current vs Lagged Prices |
| Timeline |
NOBA Bank Lagged Returns
When evaluating NOBA Bank's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of NOBA Bank stock have on its future price. NOBA Bank 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, NOBA Bank autocorrelation shows the relationship between NOBA Bank stock current value and its past values and can show if there is a momentum factor associated with investing in NOBA Bank.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for NOBA Stock Analysis
When running NOBA Bank's price analysis, check to measure NOBA Bank'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 NOBA Bank is operating at the current time. Most of NOBA Bank's value examination focuses on studying past and present price action to predict the probability of NOBA Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NOBA Bank's price. Additionally, you may evaluate how the addition of NOBA Bank to your portfolios can decrease your overall portfolio volatility.