Svedbergs (Sweden) Market Value
| SVED-B Stock | SEK 42.05 0.50 1.18% |
| Symbol | Svedbergs |
Svedbergs '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 Svedbergs' 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 Svedbergs.
| 05/30/2024 |
| 11/26/2024 |
If you would invest 0.00 in Svedbergs on May 30, 2024 and sell it all today you would earn a total of 0.00 from holding Svedbergs i Dalstorp or generate 0.0% return on investment in Svedbergs over 180 days. Svedbergs is related to or competes with Systemair, Softronic, Inwido AB, Lindab International, and KABE Group. Svedbergs i Dalstorp AB develops, manufactures, and markets bathroom products in the Nordic countries More
Svedbergs 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 Svedbergs' 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 Svedbergs i Dalstorp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.10) | |||
| Maximum Drawdown | 10.2 | |||
| Value At Risk | (3.08) | |||
| Potential Upside | 3.06 |
Svedbergs Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Svedbergs' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Svedbergs' standard deviation. In reality, there are many statistical measures that can use Svedbergs historical prices to predict the future Svedbergs' volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.37) | |||
| Treynor Ratio | (0.23) |
Svedbergs i Dalstorp Backtested Returns
Svedbergs i Dalstorp owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0198, which indicates the firm had a -0.0198% return per unit of risk over the last 3 months. Svedbergs i Dalstorp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Svedbergs' Risk Adjusted Performance of (0.02), variance of 3.68, and Coefficient Of Variation of (2,909) to confirm the risk estimate we provide. The entity has a beta of 0.33, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Svedbergs' returns are expected to increase less than the market. However, during the bear market, the loss of holding Svedbergs is expected to be smaller as well. At this point, Svedbergs i Dalstorp has a negative expected return of -0.038%. Please make sure to validate Svedbergs' standard deviation, total risk alpha, maximum drawdown, as well as the relationship between the jensen alpha and treynor ratio , to decide if Svedbergs i Dalstorp performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.39 |
Poor reverse predictability
Svedbergs i Dalstorp has poor reverse predictability. Overlapping area represents the amount of predictability between Svedbergs time series from 30th of May 2024 to 28th of August 2024 and 28th of August 2024 to 26th 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 Svedbergs i Dalstorp price movement. The serial correlation of -0.39 indicates that just about 39.0% of current Svedbergs price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.39 | |
| Spearman Rank Test | -0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 1.72 |
Svedbergs i Dalstorp lagged returns against current returns
Autocorrelation, which is Svedbergs 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 Svedbergs' stock expected returns. We can calculate the autocorrelation of Svedbergs returns to help us make a trade decision. For example, suppose you find that Svedbergs 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 |
Svedbergs 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 Svedbergs stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Svedbergs stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Svedbergs stock over time.
Current vs Lagged Prices |
| Timeline |
Svedbergs Lagged Returns
When evaluating Svedbergs' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Svedbergs stock have on its future price. Svedbergs 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, Svedbergs autocorrelation shows the relationship between Svedbergs stock current value and its past values and can show if there is a momentum factor associated with investing in Svedbergs i Dalstorp.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Other Information on Investing in Svedbergs Stock
Svedbergs financial ratios help investors to determine whether Svedbergs 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 Svedbergs with respect to the benefits of owning Svedbergs security.