Sileon AB (Sweden) Market Value

SILEON Stock   6.75  0.15  2.17%   
Sileon AB's market value is the price at which a share of Sileon AB trades on a public exchange. It measures the collective expectations of Sileon AB investors about its performance. Sileon AB is trading at 6.75 as of the 22nd of December 2024, a 2.17 percent decrease since the beginning of the trading day. The stock's open price was 6.9.
With this module, you can estimate the performance of a buy and hold strategy of Sileon AB and determine expected loss or profit from investing in Sileon AB over a given investment horizon. Check out Sileon AB Correlation, Sileon AB Volatility and Sileon AB Alpha and Beta module to complement your research on Sileon AB.
Symbol

Please note, there is a significant difference between Sileon AB's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sileon AB is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sileon AB's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Sileon 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 Sileon 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 Sileon AB.
0.00
01/02/2023
No Change 0.00  0.0 
In 1 year 11 months and 22 days
12/22/2024
0.00
If you would invest  0.00  in Sileon AB on January 2, 2023 and sell it all today you would earn a total of 0.00 from holding Sileon AB or generate 0.0% return on investment in Sileon AB over 720 days. Sileon AB is related to or competes with Divio Technologies, Mekonomen, Embellence Group, AAC Clyde, Africa Oil, Momentum Group, and Cell Impact. More

Sileon 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 Sileon 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 Sileon AB upside and downside potential and time the market with a certain degree of confidence.

Sileon AB Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Sileon AB's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sileon AB's standard deviation. In reality, there are many statistical measures that can use Sileon AB historical prices to predict the future Sileon AB's volatility.
Hype
Prediction
LowEstimatedHigh
0.676.7512.83
Details
Intrinsic
Valuation
LowRealHigh
0.406.4812.56
Details

Sileon AB Backtested Returns

Sileon AB owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.25, which indicates the firm had a -0.25% return per unit of risk over the last 3 months. Sileon AB exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sileon AB's Variance of 37.19, risk adjusted performance of (0.18), and Coefficient Of Variation of (417.27) to confirm the risk estimate we provide. The entity has a beta of -0.21, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Sileon AB are expected to decrease at a much lower rate. During the bear market, Sileon AB is likely to outperform the market. At this point, Sileon AB has a negative expected return of -1.5%. Please make sure to validate Sileon AB's information ratio, skewness, as well as the relationship between the Skewness and day typical price , to decide if Sileon AB performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.68  

Good predictability

Sileon AB has good predictability. Overlapping area represents the amount of predictability between Sileon AB time series from 2nd of January 2023 to 28th of December 2023 and 28th of December 2023 to 22nd of December 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 Sileon AB price movement. The serial correlation of 0.68 indicates that around 68.0% of current Sileon AB price fluctuation can be explain by its past prices.
Correlation Coefficient0.68
Spearman Rank Test0.7
Residual Average0.0
Price Variance470.89

Sileon AB lagged returns against current returns

Autocorrelation, which is Sileon 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 Sileon AB's stock expected returns. We can calculate the autocorrelation of Sileon AB returns to help us make a trade decision. For example, suppose you find that Sileon 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  

Sileon 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 Sileon AB stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sileon AB stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sileon AB stock over time.
   Current vs Lagged Prices   
       Timeline  

Sileon AB Lagged Returns

When evaluating Sileon AB's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sileon AB stock have on its future price. Sileon 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, Sileon AB autocorrelation shows the relationship between Sileon AB stock current value and its past values and can show if there is a momentum factor associated with investing in Sileon AB.
   Regressed Prices   
       Timeline  

Thematic Opportunities

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Other Information on Investing in Sileon Stock

Sileon AB financial ratios help investors to determine whether Sileon 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 Sileon with respect to the benefits of owning Sileon AB security.