SSAB AB's market value is the price at which a share of SSAB AB trades on a public exchange. It measures the collective expectations of SSAB AB ADR investors about its performance. SSAB AB is trading at 3.92 as of the 7th of January 2026; that is 2.97% down since the beginning of the trading day. The stock's open price was 4.04. With this module, you can estimate the performance of a buy and hold strategy of SSAB AB ADR and determine expected loss or profit from investing in SSAB AB over a given investment horizon. Check out SSAB AB Correlation, SSAB AB Volatility and SSAB AB Alpha and Beta module to complement your research on SSAB AB.
Please note, there is a significant difference between SSAB AB's value and its price as these two are different measures arrived at by different means. Investors typically determine if SSAB AB is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SSAB 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.
SSAB 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 SSAB 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 SSAB AB.
0.00
01/18/2024
No Change 0.00
0.0
In 1 year 11 months and 21 days
01/07/2026
0.00
If you would invest 0.00 in SSAB AB on January 18, 2024 and sell it all today you would earn a total of 0.00 from holding SSAB AB ADR or generate 0.0% return on investment in SSAB AB over 720 days. SSAB AB is related to or competes with Kumba Iron, JFE Holdings, BlueScope Steel, Kobe Steel, Showa Denko, Nitto Denko, and Capstone Copper. SSAB AB produces and sells steel products in the United States, Sweden, Finland, Germany, Denmark, and internationally More
SSAB 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 SSAB 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 SSAB AB ADR upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for SSAB AB's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SSAB AB's standard deviation. In reality, there are many statistical measures that can use SSAB AB historical prices to predict the future SSAB AB's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as SSAB AB. Your research has to be compared to or analyzed against SSAB AB's peers to derive any actionable benefits. When done correctly, SSAB AB's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in SSAB AB ADR.
SSAB AB ADR Backtested Returns
SSAB AB appears to be relatively risky, given 3 months investment horizon. SSAB AB ADR retains Efficiency (Sharpe Ratio) of 0.0861, which indicates the firm had a 0.0861 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for SSAB AB, which you can use to evaluate the volatility of the company. Please review SSAB AB's risk adjusted performance of 0.0906, and Downside Deviation of 3.76 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, SSAB AB holds a performance score of 6. The entity owns a Beta (Systematic Risk) of -0.0971, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning SSAB AB are expected to decrease at a much lower rate. During the bear market, SSAB AB is likely to outperform the market. Please check SSAB AB's value at risk, and the relationship between the jensen alpha and skewness , to make a quick decision on whether SSAB AB's current price history will revert.
Auto-correlation
-0.59
Good reverse predictability
SSAB AB ADR has good reverse predictability. Overlapping area represents the amount of predictability between SSAB AB time series from 18th of January 2024 to 12th of January 2025 and 12th of January 2025 to 7th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of SSAB AB ADR price movement. The serial correlation of -0.59 indicates that roughly 59.0% of current SSAB AB price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.59
Spearman Rank Test
-0.54
Residual Average
0.0
Price Variance
0.14
SSAB AB ADR lagged returns against current returns
Autocorrelation, which is SSAB 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 SSAB AB's pink sheet expected returns. We can calculate the autocorrelation of SSAB AB returns to help us make a trade decision. For example, suppose you find that SSAB 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
SSAB 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 SSAB AB pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SSAB 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 SSAB AB pink sheet over time.
Current vs Lagged Prices
Timeline
SSAB AB Lagged Returns
When evaluating SSAB AB's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SSAB AB pink sheet have on its future price. SSAB 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, SSAB AB autocorrelation shows the relationship between SSAB AB pink sheet current value and its past values and can show if there is a momentum factor associated with investing in SSAB AB ADR.
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.
When running SSAB AB's price analysis, check to measure SSAB 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 SSAB AB is operating at the current time. Most of SSAB AB's value examination focuses on studying past and present price action to predict the probability of SSAB 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 SSAB AB's price. Additionally, you may evaluate how the addition of SSAB AB to your portfolios can decrease your overall portfolio volatility.