Svenska Handelsbanken Ab Stock Market Value
| SVNLF Stock | USD 10.15 0.27 2.73% |
| Symbol | Svenska |
Svenska Handelsbanken '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 Svenska Handelsbanken'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 Svenska Handelsbanken.
| 12/06/2022 |
| 11/25/2024 |
If you would invest 0.00 in Svenska Handelsbanken on December 6, 2022 and sell it all today you would earn a total of 0.00 from holding Svenska Handelsbanken AB or generate 0.0% return on investment in Svenska Handelsbanken over 720 days. Svenska Handelsbanken is related to or competes with Agricultural Bank, China Construction, National Australia, Bank of America, Banco Santander, Banco Bilbao, and Mitsubishi UFJ. Svenska Handelsbanken AB provides various banking products and services for private and corporate customers primarily in... More
Svenska Handelsbanken 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 Svenska Handelsbanken'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 Svenska Handelsbanken AB upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 11.34 | |||
| Value At Risk | (2.81) | |||
| Potential Upside | 2.73 |
Svenska Handelsbanken Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Svenska Handelsbanken's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Svenska Handelsbanken's standard deviation. In reality, there are many statistical measures that can use Svenska Handelsbanken historical prices to predict the future Svenska Handelsbanken's volatility.| Risk Adjusted Performance | 0.0053 | |||
| Jensen Alpha | 0.0282 | |||
| Total Risk Alpha | (0.30) | |||
| Treynor Ratio | 0.0343 |
Svenska Handelsbanken Backtested Returns
Svenska Handelsbanken owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0041, which indicates the firm had a -0.0041% return per unit of risk over the last 3 months. Svenska Handelsbanken AB exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Svenska Handelsbanken's Coefficient Of Variation of (157,640), variance of 3.38, and Risk Adjusted Performance of 0.0053 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, returns on owning Svenska Handelsbanken are expected to decrease at a much lower rate. During the bear market, Svenska Handelsbanken is likely to outperform the market. At this point, Svenska Handelsbanken has a negative expected return of -0.0076%. Please make sure to validate Svenska Handelsbanken's skewness, and the relationship between the total risk alpha and day median price , to decide if Svenska Handelsbanken performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.65 |
Good predictability
Svenska Handelsbanken AB has good predictability. Overlapping area represents the amount of predictability between Svenska Handelsbanken time series from 6th of December 2022 to 1st of December 2023 and 1st of December 2023 to 25th 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 Svenska Handelsbanken price movement. The serial correlation of 0.65 indicates that roughly 65.0% of current Svenska Handelsbanken price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.65 | |
| Spearman Rank Test | 0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 0.55 |
Svenska Handelsbanken lagged returns against current returns
Autocorrelation, which is Svenska Handelsbanken 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 Svenska Handelsbanken's pink sheet expected returns. We can calculate the autocorrelation of Svenska Handelsbanken returns to help us make a trade decision. For example, suppose you find that Svenska Handelsbanken 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 |
Svenska Handelsbanken 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 Svenska Handelsbanken pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Svenska Handelsbanken pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Svenska Handelsbanken pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Svenska Handelsbanken Lagged Returns
When evaluating Svenska Handelsbanken's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Svenska Handelsbanken pink sheet have on its future price. Svenska Handelsbanken 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, Svenska Handelsbanken autocorrelation shows the relationship between Svenska Handelsbanken pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Svenska Handelsbanken AB.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Svenska Pink Sheet
Svenska Handelsbanken financial ratios help investors to determine whether Svenska 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 Svenska with respect to the benefits of owning Svenska Handelsbanken security.