Protector Forsikring (Norway) Market Value
| PROT Stock | NOK 547.00 16.00 3.01% |
| Symbol | Protector |
Protector Forsikring '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 Protector Forsikring'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 Protector Forsikring.
| 04/02/2024 |
| 01/22/2026 |
If you would invest 0.00 in Protector Forsikring on April 2, 2024 and sell it all today you would earn a total of 0.00 from holding Protector Forsikring ASA or generate 0.0% return on investment in Protector Forsikring over 660 days. Protector Forsikring is related to or competes with Sparebank, SpareBank, Sparebank, Storebrand ASA, Helgeland Sparebank, and Pareto Bank. Protector Forsikring ASA, a general insurance company, provides various insurance products to the commercial and public ... More
Protector Forsikring 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 Protector Forsikring'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 Protector Forsikring ASA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.85 | |||
| Information Ratio | 0.0705 | |||
| Maximum Drawdown | 12.21 | |||
| Value At Risk | (1.76) | |||
| Potential Upside | 3.09 |
Protector Forsikring Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Protector Forsikring's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Protector Forsikring's standard deviation. In reality, there are many statistical measures that can use Protector Forsikring historical prices to predict the future Protector Forsikring's volatility.| Risk Adjusted Performance | 0.0982 | |||
| Jensen Alpha | 0.1982 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0716 | |||
| Treynor Ratio | 0.778 |
Protector Forsikring ASA Backtested Returns
Protector Forsikring appears to be very steady, given 3 months investment horizon. Protector Forsikring ASA maintains Sharpe Ratio (i.e., Efficiency) of 0.19, which implies the firm had a 0.19 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Protector Forsikring ASA, which you can use to evaluate the volatility of the company. Please evaluate Protector Forsikring's Semi Deviation of 1.6, coefficient of variation of 800.13, and Risk Adjusted Performance of 0.0982 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Protector Forsikring holds a performance score of 15. The company holds a Beta of 0.29, which implies not very significant fluctuations relative to the market. As returns on the market increase, Protector Forsikring's returns are expected to increase less than the market. However, during the bear market, the loss of holding Protector Forsikring is expected to be smaller as well. Please check Protector Forsikring's total risk alpha, treynor ratio, value at risk, as well as the relationship between the sortino ratio and maximum drawdown , to make a quick decision on whether Protector Forsikring's historical price patterns will revert.
Auto-correlation | 0.54 |
Modest predictability
Protector Forsikring ASA has modest predictability. Overlapping area represents the amount of predictability between Protector Forsikring time series from 2nd of April 2024 to 26th of February 2025 and 26th of February 2025 to 22nd 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 Protector Forsikring ASA price movement. The serial correlation of 0.54 indicates that about 54.0% of current Protector Forsikring price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.54 | |
| Spearman Rank Test | 0.53 | |
| Residual Average | 0.0 | |
| Price Variance | 4789.1 |
Protector Forsikring ASA lagged returns against current returns
Autocorrelation, which is Protector Forsikring 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 Protector Forsikring's stock expected returns. We can calculate the autocorrelation of Protector Forsikring returns to help us make a trade decision. For example, suppose you find that Protector Forsikring 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 |
Protector Forsikring 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 Protector Forsikring stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Protector Forsikring stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Protector Forsikring stock over time.
Current vs Lagged Prices |
| Timeline |
Protector Forsikring Lagged Returns
When evaluating Protector Forsikring's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Protector Forsikring stock have on its future price. Protector Forsikring 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, Protector Forsikring autocorrelation shows the relationship between Protector Forsikring stock current value and its past values and can show if there is a momentum factor associated with investing in Protector Forsikring ASA.
Regressed Prices |
| Timeline |
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Protector Forsikring financial ratios help investors to determine whether Protector 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 Protector with respect to the benefits of owning Protector Forsikring security.