Tessin Nordic (Sweden) Market Value
| TESSIN Stock | 0.07 0 5.49% |
| Symbol | Tessin |
Tessin Nordic '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 Tessin Nordic'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 Tessin Nordic.
| 07/05/2025 |
| 01/01/2026 |
If you would invest 0.00 in Tessin Nordic on July 5, 2025 and sell it all today you would earn a total of 0.00 from holding Tessin Nordic Holding or generate 0.0% return on investment in Tessin Nordic over 180 days. Tessin Nordic is related to or competes with Corem Property, SBB-B, and Fastighets. More
Tessin Nordic 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 Tessin Nordic'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 Tessin Nordic Holding upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.63 | |||
| Information Ratio | 0.0073 | |||
| Maximum Drawdown | 23.3 | |||
| Value At Risk | (7.38) | |||
| Potential Upside | 9.68 |
Tessin Nordic Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tessin Nordic's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tessin Nordic's standard deviation. In reality, there are many statistical measures that can use Tessin Nordic historical prices to predict the future Tessin Nordic's volatility.| Risk Adjusted Performance | 0.0234 | |||
| Jensen Alpha | 0.1071 | |||
| Total Risk Alpha | (0.35) | |||
| Sortino Ratio | 0.0082 | |||
| Treynor Ratio | (0.66) |
Tessin Nordic Holding Backtested Returns
At this point, Tessin Nordic is out of control. Tessin Nordic Holding owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0257, which indicates the firm had a 0.0257 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Tessin Nordic Holding, which you can use to evaluate the volatility of the company. Please validate Tessin Nordic's Coefficient Of Variation of 4759.8, risk adjusted performance of 0.0234, and Semi Deviation of 4.36 to confirm if the risk estimate we provide is consistent with the expected return of 0.13%. Tessin Nordic has a performance score of 2 on a scale of 0 to 100. 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 Tessin Nordic are expected to decrease at a much lower rate. During the bear market, Tessin Nordic is likely to outperform the market. Tessin Nordic Holding right now has a risk of 5.09%. Please validate Tessin Nordic downside variance, as well as the relationship between the accumulation distribution and market facilitation index , to decide if Tessin Nordic will be following its existing price patterns.
Auto-correlation | -0.04 |
Very weak reverse predictability
Tessin Nordic Holding has very weak reverse predictability. Overlapping area represents the amount of predictability between Tessin Nordic time series from 5th of July 2025 to 3rd of October 2025 and 3rd of October 2025 to 1st of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Tessin Nordic Holding price movement. The serial correlation of -0.04 indicates that only as little as 4.0% of current Tessin Nordic price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.04 | |
| Spearman Rank Test | 0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Tessin Nordic Holding lagged returns against current returns
Autocorrelation, which is Tessin Nordic 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 Tessin Nordic's stock expected returns. We can calculate the autocorrelation of Tessin Nordic returns to help us make a trade decision. For example, suppose you find that Tessin Nordic 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 |
Tessin Nordic 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 Tessin Nordic stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tessin Nordic stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tessin Nordic stock over time.
Current vs Lagged Prices |
| Timeline |
Tessin Nordic Lagged Returns
When evaluating Tessin Nordic's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tessin Nordic stock have on its future price. Tessin Nordic 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, Tessin Nordic autocorrelation shows the relationship between Tessin Nordic stock current value and its past values and can show if there is a momentum factor associated with investing in Tessin Nordic Holding.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Tessin Stock
Tessin Nordic financial ratios help investors to determine whether Tessin 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 Tessin with respect to the benefits of owning Tessin Nordic security.