SBB-D (Sweden) Market Value
| SBB-D Stock | 6.13 0.04 0.66% |
| Symbol | SBB-D |
SBB-D '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 SBB-D'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 SBB-D.
| 07/05/2023 |
| 11/26/2024 |
If you would invest 0.00 in SBB-D on July 5, 2023 and sell it all today you would earn a total of 0.00 from holding Samhaellsbyggnadsbolaget i Norden or generate 0.0% return on investment in SBB-D over 510 days. SBB-D is related to or competes with SBB-B, Castellum, Cibus Nordic, AB Sagax, and Tele2 AB. More
SBB-D 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 SBB-D'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 Samhaellsbyggnadsbolaget i Norden upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 38.0 | |||
| Value At Risk | (4.82) | |||
| Potential Upside | 6.57 |
SBB-D Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SBB-D's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SBB-D's standard deviation. In reality, there are many statistical measures that can use SBB-D historical prices to predict the future SBB-D's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.58) | |||
| Total Risk Alpha | (1.16) | |||
| Treynor Ratio | (0.29) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of SBB-D's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Samhaellsbyggnadsbol Backtested Returns
Samhaellsbyggnadsbol owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.096, which indicates the firm had a -0.096% return per unit of risk over the last 3 months. Samhaellsbyggnadsbolaget i Norden exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SBB-D's Risk Adjusted Performance of (0.06), variance of 22.75, and Coefficient Of Variation of (1,176) to confirm the risk estimate we provide. The entity has a beta of 1.42, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, SBB-D will likely underperform. At this point, Samhaellsbyggnadsbol has a negative expected return of -0.45%. Please make sure to validate SBB-D's value at risk, skewness, and the relationship between the maximum drawdown and potential upside , to decide if Samhaellsbyggnadsbol performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.31 |
Below average predictability
Samhaellsbyggnadsbolaget i Norden has below average predictability. Overlapping area represents the amount of predictability between SBB-D time series from 5th of July 2023 to 16th of March 2024 and 16th of March 2024 to 26th 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 Samhaellsbyggnadsbol price movement. The serial correlation of 0.31 indicates that nearly 31.0% of current SBB-D price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.31 | |
| Spearman Rank Test | 0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 2.62 |
Samhaellsbyggnadsbol lagged returns against current returns
Autocorrelation, which is SBB-D 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 SBB-D's stock expected returns. We can calculate the autocorrelation of SBB-D returns to help us make a trade decision. For example, suppose you find that SBB-D 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 |
SBB-D 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 SBB-D stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SBB-D stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SBB-D stock over time.
Current vs Lagged Prices |
| Timeline |
SBB-D Lagged Returns
When evaluating SBB-D's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SBB-D stock have on its future price. SBB-D 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, SBB-D autocorrelation shows the relationship between SBB-D stock current value and its past values and can show if there is a momentum factor associated with investing in Samhaellsbyggnadsbolaget i Norden.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for SBB-D Stock Analysis
When running SBB-D's price analysis, check to measure SBB-D'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 SBB-D is operating at the current time. Most of SBB-D's value examination focuses on studying past and present price action to predict the probability of SBB-D's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SBB-D's price. Additionally, you may evaluate how the addition of SBB-D to your portfolios can decrease your overall portfolio volatility.