SVENSKA CELLULO (Germany) Market Value
| SCA Stock | EUR 15.62 0.00 0.00% |
| Symbol | SVENSKA |
SVENSKA CELLULO '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 SVENSKA CELLULO'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 SVENSKA CELLULO.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in SVENSKA CELLULO on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding SVENSKA CELLULO B or generate 0.0% return on investment in SVENSKA CELLULO over 30 days. SVENSKA CELLULO is related to or competes with NAKED WINES, Boyd Gaming, PENN NATL, TROPHY GAMES, SWISS WATER, ITALIAN WINE, and FUTURE GAMING. More
SVENSKA CELLULO 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 SVENSKA CELLULO'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 SVENSKA CELLULO B upside and downside potential and time the market with a certain degree of confidence.
SVENSKA CELLULO Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SVENSKA CELLULO's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SVENSKA CELLULO's standard deviation. In reality, there are many statistical measures that can use SVENSKA CELLULO historical prices to predict the future SVENSKA CELLULO's volatility.SVENSKA CELLULO B Backtested Returns
We have found three technical indicators for SVENSKA CELLULO B , which you can use to evaluate the volatility of the company. The entity has a beta of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and SVENSKA CELLULO are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
SVENSKA CELLULO B has no correlation between past and present. Overlapping area represents the amount of predictability between SVENSKA CELLULO time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th 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 SVENSKA CELLULO B price movement. The serial correlation of 0.0 indicates that just 0.0% of current SVENSKA CELLULO price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
SVENSKA CELLULO B lagged returns against current returns
Autocorrelation, which is SVENSKA CELLULO 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 SVENSKA CELLULO's stock expected returns. We can calculate the autocorrelation of SVENSKA CELLULO returns to help us make a trade decision. For example, suppose you find that SVENSKA CELLULO 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 |
SVENSKA CELLULO 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 SVENSKA CELLULO stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SVENSKA CELLULO stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SVENSKA CELLULO stock over time.
Current vs Lagged Prices |
| Timeline |
SVENSKA CELLULO Lagged Returns
When evaluating SVENSKA CELLULO's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SVENSKA CELLULO stock have on its future price. SVENSKA CELLULO 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, SVENSKA CELLULO autocorrelation shows the relationship between SVENSKA CELLULO stock current value and its past values and can show if there is a momentum factor associated with investing in SVENSKA CELLULO B .
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in SVENSKA Stock
SVENSKA CELLULO financial ratios help investors to determine whether SVENSKA 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 SVENSKA with respect to the benefits of owning SVENSKA CELLULO security.