Svolder AB (Sweden) Market Value
| SVOL-A Stock | SEK 84.00 2.00 2.33% |
| Symbol | Svolder |
Svolder 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 Svolder AB'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 Svolder AB.
| 11/12/2024 |
| 12/12/2024 |
If you would invest 0.00 in Svolder AB on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding Svolder AB or generate 0.0% return on investment in Svolder AB over 30 days. Svolder AB is related to or competes with Svolder AB, Creades AB, Kinnevik Investment, Systemair, and Investment. It invests in the shares of listed small and medium-size companies in Sweden More
Svolder 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 Svolder AB'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 Svolder AB upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 12.29 | |||
| Value At Risk | (4.17) | |||
| Potential Upside | 2.94 |
Svolder AB Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Svolder AB's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Svolder AB's standard deviation. In reality, there are many statistical measures that can use Svolder AB historical prices to predict the future Svolder AB's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.48) | |||
| Treynor Ratio | 0.9989 |
Svolder AB Backtested Returns
Svolder AB owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0742, which indicates the firm had a -0.0742% return per unit of risk over the last 3 months. Svolder AB exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Svolder AB's Coefficient Of Variation of (1,533), variance of 4.34, and Risk Adjusted Performance of (0.04) to confirm the risk estimate we provide. The entity has a beta of -0.15, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Svolder AB are expected to decrease at a much lower rate. During the bear market, Svolder AB is likely to outperform the market. At this point, Svolder AB has a negative expected return of -0.16%. Please make sure to validate Svolder AB's potential upside, kurtosis, and the relationship between the maximum drawdown and skewness , to decide if Svolder AB performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.52 |
Good reverse predictability
Svolder AB has good reverse predictability. Overlapping area represents the amount of predictability between Svolder AB time series from 12th of November 2024 to 27th of November 2024 and 27th of November 2024 to 12th 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 Svolder AB price movement. The serial correlation of -0.52 indicates that about 52.0% of current Svolder AB price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.52 | |
| Spearman Rank Test | -0.32 | |
| Residual Average | 0.0 | |
| Price Variance | 1.32 |
Svolder AB lagged returns against current returns
Autocorrelation, which is Svolder AB 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 Svolder AB's stock expected returns. We can calculate the autocorrelation of Svolder AB returns to help us make a trade decision. For example, suppose you find that Svolder AB 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 |
Svolder 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 Svolder AB stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Svolder AB stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Svolder AB stock over time.
Current vs Lagged Prices |
| Timeline |
Svolder AB Lagged Returns
When evaluating Svolder AB's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Svolder AB stock have on its future price. Svolder 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, Svolder AB autocorrelation shows the relationship between Svolder AB stock current value and its past values and can show if there is a momentum factor associated with investing in Svolder AB.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Svolder Stock
Svolder AB financial ratios help investors to determine whether Svolder 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 Svolder with respect to the benefits of owning Svolder AB security.