Swedbank Ab Stock Market Value
| SWDBY Stock | USD 19.09 0.21 1.09% |
| Symbol | Swedbank |
Swedbank '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 Swedbank'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 Swedbank.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Swedbank on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Swedbank AB or generate 0.0% return on investment in Swedbank over 30 days. Swedbank is related to or competes with United Overseas, KBC Groep, Jyske Bank, Israel Discount, Overseas Chinese, Nordea Bank, and DBS Group. Swedbank AB provides various banking products and services to individuals and companies More
Swedbank 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 Swedbank'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 Swedbank AB upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 7.44 | |||
| Value At Risk | (2.45) | |||
| Potential Upside | 2.23 |
Swedbank Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Swedbank's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Swedbank's standard deviation. In reality, there are many statistical measures that can use Swedbank historical prices to predict the future Swedbank's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.35) | |||
| Treynor Ratio | (1.67) |
Swedbank AB Backtested Returns
Swedbank AB 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. Swedbank AB exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Swedbank's Risk Adjusted Performance of (0.05), coefficient of variation of (1,385), and Variance of 2.24 to confirm the risk estimate we provide. The entity has a beta of 0.0707, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Swedbank's returns are expected to increase less than the market. However, during the bear market, the loss of holding Swedbank is expected to be smaller as well. At this point, Swedbank AB has a negative expected return of -0.17%. Please make sure to validate Swedbank's coefficient of variation, maximum drawdown, as well as the relationship between the Maximum Drawdown and rate of daily change , to decide if Swedbank AB performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.64 |
Good predictability
Swedbank AB has good predictability. Overlapping area represents the amount of predictability between Swedbank time series from 27th of October 2024 to 11th of November 2024 and 11th of November 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 Swedbank AB price movement. The serial correlation of 0.64 indicates that roughly 64.0% of current Swedbank price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.64 | |
| Spearman Rank Test | 0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 0.09 |
Swedbank AB lagged returns against current returns
Autocorrelation, which is Swedbank 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 Swedbank's pink sheet expected returns. We can calculate the autocorrelation of Swedbank returns to help us make a trade decision. For example, suppose you find that Swedbank 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 |
Swedbank 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 Swedbank pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Swedbank pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Swedbank pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Swedbank Lagged Returns
When evaluating Swedbank's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Swedbank pink sheet have on its future price. Swedbank 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, Swedbank autocorrelation shows the relationship between Swedbank pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Swedbank AB.
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.Additional Tools for Swedbank Pink Sheet Analysis
When running Swedbank's price analysis, check to measure Swedbank'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 Swedbank is operating at the current time. Most of Swedbank's value examination focuses on studying past and present price action to predict the probability of Swedbank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Swedbank's price. Additionally, you may evaluate how the addition of Swedbank to your portfolios can decrease your overall portfolio volatility.