Skanska Ab Stock Market Value
| SKSBF Stock | USD 20.10 0.10 0.50% |
| Symbol | Skanska |
Skanska 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 Skanska AB's pink sheet 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 Skanska AB.
| 12/09/2022 |
| 11/28/2024 |
If you would invest 0.00 in Skanska AB on December 9, 2022 and sell it all today you would earn a total of 0.00 from holding Skanska AB or generate 0.0% return on investment in Skanska AB over 720 days. Skanska AB is related to or competes with Arcadis NV, KBR, Orion Group, Jacobs Solutions, and ACS Actividades. Skanska AB operates as a construction and project development company in the Nordic region, Europe, and the United State... More
Skanska 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 Skanska AB's pink sheet 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 Skanska AB upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.1 | |||
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 10.75 | |||
| Value At Risk | (1.82) | |||
| Potential Upside | 2.44 |
Skanska AB Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Skanska AB's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Skanska AB's standard deviation. In reality, there are many statistical measures that can use Skanska AB historical prices to predict the future Skanska AB's volatility.| Risk Adjusted Performance | 0.0132 | |||
| Jensen Alpha | 0.0018 | |||
| Total Risk Alpha | (0.19) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.1846 |
Skanska AB Backtested Returns
At this point, Skanska AB is very steady. Skanska AB owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0125, which indicates the firm had a 0.0125% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Skanska AB, which you can use to evaluate the volatility of the company. Please validate Skanska AB's Semi Deviation of 0.8941, risk adjusted performance of 0.0132, and Coefficient Of Variation of 8193.94 to confirm if the risk estimate we provide is consistent with the expected return of 0.016%. The entity has a beta of 0.0287, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Skanska AB's returns are expected to increase less than the market. However, during the bear market, the loss of holding Skanska AB is expected to be smaller as well. Skanska AB right now has a risk of 1.28%. Please validate Skanska AB coefficient of variation, maximum drawdown, skewness, as well as the relationship between the total risk alpha and downside variance , to decide if Skanska AB will be following its existing price patterns.
Auto-correlation | -0.3 |
Weak reverse predictability
Skanska AB has weak reverse predictability. Overlapping area represents the amount of predictability between Skanska AB time series from 9th of December 2022 to 4th of December 2023 and 4th of December 2023 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 Skanska AB price movement. The serial correlation of -0.3 indicates that nearly 30.0% of current Skanska AB price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.3 | |
| Spearman Rank Test | -0.57 | |
| Residual Average | 0.0 | |
| Price Variance | 1.68 |
Skanska AB lagged returns against current returns
Autocorrelation, which is Skanska AB pink sheet'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 Skanska AB's pink sheet expected returns. We can calculate the autocorrelation of Skanska AB returns to help us make a trade decision. For example, suppose you find that Skanska AB has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Skanska 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 Skanska AB pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Skanska AB pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Skanska AB pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Skanska AB Lagged Returns
When evaluating Skanska AB's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Skanska AB pink sheet have on its future price. Skanska 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, Skanska AB autocorrelation shows the relationship between Skanska AB pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Skanska AB.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Skanska Pink Sheet
Skanska AB financial ratios help investors to determine whether Skanska Pink Sheet 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 Skanska with respect to the benefits of owning Skanska AB security.