Stendrren Fastigheter (Sweden) Market Value
| STEF-B Stock | SEK 207.00 1.00 0.48% |
| Symbol | Stendrren |
Stendrren Fastigheter '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 Stendrren Fastigheter'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 Stendrren Fastigheter.
| 11/09/2023 |
| 12/03/2024 |
If you would invest 0.00 in Stendrren Fastigheter on November 9, 2023 and sell it all today you would earn a total of 0.00 from holding Stendrren Fastigheter AB or generate 0.0% return on investment in Stendrren Fastigheter over 390 days. Stendrren Fastigheter is related to or competes with AB Sagax, Catena AB, Platzer Fastigheter, Dios Fastigheter, and NP3 Fastigheter. Stendrren Fastigheter AB , through its subsidiaries, owns, develops, and manages light industrial and logistics properti... More
Stendrren Fastigheter 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 Stendrren Fastigheter'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 Stendrren Fastigheter AB upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.21 | |||
| Information Ratio | 0.0502 | |||
| Maximum Drawdown | 6.78 | |||
| Value At Risk | (1.87) | |||
| Potential Upside | 3.77 |
Stendrren Fastigheter Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Stendrren Fastigheter's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Stendrren Fastigheter's standard deviation. In reality, there are many statistical measures that can use Stendrren Fastigheter historical prices to predict the future Stendrren Fastigheter's volatility.| Risk Adjusted Performance | 0.1001 | |||
| Jensen Alpha | 0.19 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | 0.0702 | |||
| Treynor Ratio | 2.53 |
Stendrren Fastigheter Backtested Returns
At this point, Stendrren Fastigheter is very steady. Stendrren Fastigheter 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. We have found twenty-nine technical indicators for Stendrren Fastigheter AB, which you can use to evaluate the volatility of the company. Please validate Stendrren Fastigheter's Risk Adjusted Performance of 0.1001, coefficient of variation of 806.98, and Semi Deviation of 1.01 to confirm if the risk estimate we provide is consistent with the expected return of 0.18%. Stendrren Fastigheter has a performance score of 8 on a scale of 0 to 100. The entity has a beta of 0.0788, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Stendrren Fastigheter's returns are expected to increase less than the market. However, during the bear market, the loss of holding Stendrren Fastigheter is expected to be smaller as well. Stendrren Fastigheter right now has a risk of 1.66%. Please validate Stendrren Fastigheter downside deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Stendrren Fastigheter will be following its existing price patterns.
Auto-correlation | 0.26 |
Poor predictability
Stendrren Fastigheter AB has poor predictability. Overlapping area represents the amount of predictability between Stendrren Fastigheter time series from 9th of November 2023 to 22nd of May 2024 and 22nd of May 2024 to 3rd 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 Stendrren Fastigheter price movement. The serial correlation of 0.26 indicates that nearly 26.0% of current Stendrren Fastigheter price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.26 | |
| Spearman Rank Test | 0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 85.08 |
Stendrren Fastigheter lagged returns against current returns
Autocorrelation, which is Stendrren Fastigheter 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 Stendrren Fastigheter's stock expected returns. We can calculate the autocorrelation of Stendrren Fastigheter returns to help us make a trade decision. For example, suppose you find that Stendrren Fastigheter 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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Stendrren Fastigheter 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 Stendrren Fastigheter stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Stendrren Fastigheter stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Stendrren Fastigheter stock over time.
Current vs Lagged Prices |
| Timeline |
Stendrren Fastigheter Lagged Returns
When evaluating Stendrren Fastigheter's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Stendrren Fastigheter stock have on its future price. Stendrren Fastigheter 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, Stendrren Fastigheter autocorrelation shows the relationship between Stendrren Fastigheter stock current value and its past values and can show if there is a momentum factor associated with investing in Stendrren Fastigheter AB.
Regressed Prices |
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Thematic Opportunities
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Other Information on Investing in Stendrren Stock
Stendrren Fastigheter financial ratios help investors to determine whether Stendrren 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 Stendrren with respect to the benefits of owning Stendrren Fastigheter security.