Rottneros (Sweden) Market Value
| RROS Stock | SEK 9.35 0.02 0.21% |
| Symbol | Rottneros |
Rottneros '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 Rottneros' 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 Rottneros.
| 06/03/2024 |
| 11/30/2024 |
If you would invest 0.00 in Rottneros on June 3, 2024 and sell it all today you would earn a total of 0.00 from holding Rottneros AB or generate 0.0% return on investment in Rottneros over 180 days. Rottneros is related to or competes with Holmen AB, Svenska Cellulosa, Husqvarna, Alfa Laval, and Axfood AB. Rottneros AB , through its subsidiary, Rottneros Packaging AB, produces and sells paper pulp worldwide More
Rottneros 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 Rottneros' 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 Rottneros AB upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 10.37 | |||
| Value At Risk | (2.43) | |||
| Potential Upside | 1.8 |
Rottneros Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Rottneros' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Rottneros' standard deviation. In reality, there are many statistical measures that can use Rottneros historical prices to predict the future Rottneros' volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.42) | |||
| Treynor Ratio | (0.82) |
Rottneros AB Backtested Returns
Rottneros AB maintains Sharpe Ratio (i.e., Efficiency) of -0.0932, which implies the firm had a -0.0932% return per unit of risk over the last 3 months. Rottneros AB exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Rottneros' Risk Adjusted Performance of (0.07), coefficient of variation of (1,032), and Variance of 2.46 to confirm the risk estimate we provide. The company holds a Beta of 0.2, which implies not very significant fluctuations relative to the market. As returns on the market increase, Rottneros' returns are expected to increase less than the market. However, during the bear market, the loss of holding Rottneros is expected to be smaller as well. At this point, Rottneros AB has a negative expected return of -0.15%. Please make sure to check Rottneros' kurtosis, daily balance of power, and the relationship between the skewness and accumulation distribution , to decide if Rottneros AB performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.89 |
Very good predictability
Rottneros AB has very good predictability. Overlapping area represents the amount of predictability between Rottneros time series from 3rd of June 2024 to 1st of September 2024 and 1st of September 2024 to 30th 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 Rottneros AB price movement. The serial correlation of 0.89 indicates that approximately 89.0% of current Rottneros price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.89 | |
| Spearman Rank Test | 0.83 | |
| Residual Average | 0.0 | |
| Price Variance | 0.12 |
Rottneros AB lagged returns against current returns
Autocorrelation, which is Rottneros 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 Rottneros' stock expected returns. We can calculate the autocorrelation of Rottneros returns to help us make a trade decision. For example, suppose you find that Rottneros 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 |
Rottneros 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 Rottneros stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Rottneros stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Rottneros stock over time.
Current vs Lagged Prices |
| Timeline |
Rottneros Lagged Returns
When evaluating Rottneros' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Rottneros stock have on its future price. Rottneros 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, Rottneros autocorrelation shows the relationship between Rottneros stock current value and its past values and can show if there is a momentum factor associated with investing in Rottneros AB.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Rottneros Stock Analysis
When running Rottneros' price analysis, check to measure Rottneros' 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 Rottneros is operating at the current time. Most of Rottneros' value examination focuses on studying past and present price action to predict the probability of Rottneros' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rottneros' price. Additionally, you may evaluate how the addition of Rottneros to your portfolios can decrease your overall portfolio volatility.