Skandinaviska Enskilda (Sweden) Market Value
| SEB-A Stock | SEK 150.85 1.00 0.66% |
| Symbol | Skandinaviska |
Skandinaviska Enskilda '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 Skandinaviska Enskilda'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 Skandinaviska Enskilda.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Skandinaviska Enskilda on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Skandinaviska Enskilda Banken or generate 0.0% return on investment in Skandinaviska Enskilda over 30 days. Skandinaviska Enskilda is related to or competes with Swedbank, Svenska Handelsbanken, H M, Telefonaktiebolaget, and Investor. Skandinaviska Enskilda Banken AB provides corporate, retail, investment, and private banking services in Sweden and inte... More
Skandinaviska Enskilda 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 Skandinaviska Enskilda'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 Skandinaviska Enskilda Banken upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.1) | |||
| Maximum Drawdown | 8.06 | |||
| Value At Risk | (1.58) | |||
| Potential Upside | 1.69 |
Skandinaviska Enskilda Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Skandinaviska Enskilda's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Skandinaviska Enskilda's standard deviation. In reality, there are many statistical measures that can use Skandinaviska Enskilda historical prices to predict the future Skandinaviska Enskilda's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.18) | |||
| Treynor Ratio | (0.04) |
Skandinaviska Enskilda Backtested Returns
Skandinaviska Enskilda owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0362, which indicates the firm had a -0.0362% return per unit of risk over the last 3 months. Skandinaviska Enskilda Banken exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Skandinaviska Enskilda's Variance of 1.51, coefficient of variation of (12,523), and insignificant Risk Adjusted Performance to confirm the risk estimate we provide. The entity has a beta of 0.47, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Skandinaviska Enskilda's returns are expected to increase less than the market. However, during the bear market, the loss of holding Skandinaviska Enskilda is expected to be smaller as well. At this point, Skandinaviska Enskilda has a negative expected return of -0.0446%. Please make sure to validate Skandinaviska Enskilda's coefficient of variation, information ratio, total risk alpha, as well as the relationship between the standard deviation and jensen alpha , to decide if Skandinaviska Enskilda performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.22 |
Weak reverse predictability
Skandinaviska Enskilda Banken has weak reverse predictability. Overlapping area represents the amount of predictability between Skandinaviska Enskilda time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 Skandinaviska Enskilda price movement. The serial correlation of -0.22 indicates that over 22.0% of current Skandinaviska Enskilda price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.22 | |
| Spearman Rank Test | 0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 3.66 |
Skandinaviska Enskilda lagged returns against current returns
Autocorrelation, which is Skandinaviska Enskilda 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 Skandinaviska Enskilda's stock expected returns. We can calculate the autocorrelation of Skandinaviska Enskilda returns to help us make a trade decision. For example, suppose you find that Skandinaviska Enskilda 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 |
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Skandinaviska Enskilda 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 Skandinaviska Enskilda stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Skandinaviska Enskilda stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Skandinaviska Enskilda stock over time.
Current vs Lagged Prices |
| Timeline |
Skandinaviska Enskilda Lagged Returns
When evaluating Skandinaviska Enskilda's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Skandinaviska Enskilda stock have on its future price. Skandinaviska Enskilda 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, Skandinaviska Enskilda autocorrelation shows the relationship between Skandinaviska Enskilda stock current value and its past values and can show if there is a momentum factor associated with investing in Skandinaviska Enskilda Banken.
Regressed Prices |
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Thematic Opportunities
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Additional Tools for Skandinaviska Stock Analysis
When running Skandinaviska Enskilda's price analysis, check to measure Skandinaviska Enskilda'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 Skandinaviska Enskilda is operating at the current time. Most of Skandinaviska Enskilda's value examination focuses on studying past and present price action to predict the probability of Skandinaviska Enskilda's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Skandinaviska Enskilda's price. Additionally, you may evaluate how the addition of Skandinaviska Enskilda to your portfolios can decrease your overall portfolio volatility.