Swedbank (Sweden) Market Value
| SWED-A Stock | SEK 212.90 1.90 0.88% |
| 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 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 Swedbank.
| 11/29/2023 |
| 11/23/2024 |
If you would invest 0.00 in Swedbank on November 29, 2023 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 360 days. Swedbank is related to or competes with Svenska Handelsbanken, Nordea Bank, Telia Company, Tele2 AB, and H M. Swedbank AB provides various banking products and services to private, corporate, and organizational customers 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 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 Swedbank AB upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.32 | |||
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 7.3 | |||
| Value At Risk | (1.96) | |||
| Potential Upside | 1.71 |
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 | 0.0148 | |||
| Jensen Alpha | 0.001 | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | 0.1138 |
Swedbank AB Backtested Returns
Swedbank AB owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.017, which indicates the firm had a -0.017% return per unit of risk over the last 3 months. Swedbank AB exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Swedbank's Semi Deviation of 1.27, risk adjusted performance of 0.0148, and Coefficient Of Variation of 7139.63 to confirm the risk estimate we provide. The entity has a beta of 0.0711, 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 -0.0219%. Please make sure to validate Swedbank's downside deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Swedbank AB performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.11 |
Insignificant reverse predictability
Swedbank AB has insignificant reverse predictability. Overlapping area represents the amount of predictability between Swedbank time series from 29th of November 2023 to 27th of May 2024 and 27th of May 2024 to 23rd 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 -0.11 indicates that less than 11.0% of current Swedbank price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.11 | |
| Spearman Rank Test | -0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 29.53 |
Swedbank AB lagged returns against current returns
Autocorrelation, which is Swedbank 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 Swedbank's stock 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 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 |
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 stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Swedbank stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Swedbank stock 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 stock 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 stock current value and its past values and can show if there is a momentum factor associated with investing in Swedbank AB.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Swedbank Stock
Swedbank financial ratios help investors to determine whether Swedbank 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 Swedbank with respect to the benefits of owning Swedbank security.