Senzime AB (Sweden) Market Value
| SEZI Stock | SEK 5.78 0.04 0.70% |
| Symbol | Senzime |
Senzime AB '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 Senzime AB'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 Senzime AB.
| 10/04/2023 |
| 11/27/2024 |
If you would invest 0.00 in Senzime AB on October 4, 2023 and sell it all today you would earn a total of 0.00 from holding Senzime AB or generate 0.0% return on investment in Senzime AB over 420 days. Senzime AB is related to or competes with GomSpace Group, Hansa Biopharma, Zealand Pharma, BioInvent International, and Orphazyme. Senzime AB develops patient-oriented monitoring systems that assess patients biochemical and physiological processes bef... More
Senzime AB 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 Senzime AB'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 Senzime AB upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 16.61 | |||
| Value At Risk | (6.20) | |||
| Potential Upside | 4.66 |
Senzime AB Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Senzime AB's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Senzime AB's standard deviation. In reality, there are many statistical measures that can use Senzime AB historical prices to predict the future Senzime AB's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.51) | |||
| Total Risk Alpha | (0.94) | |||
| Treynor Ratio | (0.73) |
Senzime AB Backtested Returns
Senzime AB owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.11, which indicates the firm had a -0.11% return per unit of risk over the last 3 months. Senzime AB exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Senzime AB's Coefficient Of Variation of (746.33), risk adjusted performance of (0.09), and Variance of 10.28 to confirm the risk estimate we provide. The entity has a beta of 0.6, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Senzime AB's returns are expected to increase less than the market. However, during the bear market, the loss of holding Senzime AB is expected to be smaller as well. At this point, Senzime AB has a negative expected return of -0.36%. Please make sure to validate Senzime AB's maximum drawdown, potential upside, kurtosis, as well as the relationship between the value at risk and skewness , to decide if Senzime AB performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.58 |
Modest predictability
Senzime AB has modest predictability. Overlapping area represents the amount of predictability between Senzime AB time series from 4th of October 2023 to 1st of May 2024 and 1st of May 2024 to 27th 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 Senzime AB price movement. The serial correlation of 0.58 indicates that roughly 58.0% of current Senzime AB price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.58 | |
| Spearman Rank Test | 0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 0.79 |
Senzime AB lagged returns against current returns
Autocorrelation, which is Senzime AB 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 Senzime AB's stock expected returns. We can calculate the autocorrelation of Senzime AB returns to help us make a trade decision. For example, suppose you find that Senzime AB 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 |
Senzime AB 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 Senzime AB stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Senzime AB stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Senzime AB stock over time.
Current vs Lagged Prices |
| Timeline |
Senzime AB Lagged Returns
When evaluating Senzime AB's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Senzime AB stock have on its future price. Senzime AB 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, Senzime AB autocorrelation shows the relationship between Senzime AB stock current value and its past values and can show if there is a momentum factor associated with investing in Senzime AB.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Senzime Stock Analysis
When running Senzime AB's price analysis, check to measure Senzime AB'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 Senzime AB is operating at the current time. Most of Senzime AB's value examination focuses on studying past and present price action to predict the probability of Senzime AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Senzime AB's price. Additionally, you may evaluate how the addition of Senzime AB to your portfolios can decrease your overall portfolio volatility.