Toleranzia (Sweden) Market Value
| TOL Stock | SEK 0.57 0.03 5.56% |
| Symbol | Toleranzia |
Toleranzia '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 Toleranzia'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 Toleranzia.
| 06/05/2024 |
| 12/02/2024 |
If you would invest 0.00 in Toleranzia on June 5, 2024 and sell it all today you would earn a total of 0.00 from holding Toleranzia AB or generate 0.0% return on investment in Toleranzia over 180 days. Toleranzia is related to or competes with Gabather, Combigene, Nanexa AB, Sprint Bioscience, and Moberg Pharma. More
Toleranzia 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 Toleranzia'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 Toleranzia AB upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.88 | |||
| Information Ratio | 0.0354 | |||
| Maximum Drawdown | 22.82 | |||
| Value At Risk | (6.90) | |||
| Potential Upside | 8.0 |
Toleranzia Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Toleranzia's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Toleranzia's standard deviation. In reality, there are many statistical measures that can use Toleranzia historical prices to predict the future Toleranzia's volatility.| Risk Adjusted Performance | 0.0588 | |||
| Jensen Alpha | 0.2765 | |||
| Total Risk Alpha | (0.46) | |||
| Sortino Ratio | 0.0326 | |||
| Treynor Ratio | 3.63 |
Toleranzia AB Backtested Returns
Toleranzia appears to be out of control, given 3 months investment horizon. Toleranzia AB owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0808, which indicates the firm had a 0.0808% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Toleranzia AB, which you can use to evaluate the volatility of the company. Please review Toleranzia's Coefficient Of Variation of 1513.02, semi deviation of 3.58, and Risk Adjusted Performance of 0.0588 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Toleranzia holds a performance score of 6. The entity has a beta of 0.079, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Toleranzia's returns are expected to increase less than the market. However, during the bear market, the loss of holding Toleranzia is expected to be smaller as well. Please check Toleranzia's treynor ratio, kurtosis, period momentum indicator, as well as the relationship between the downside variance and day median price , to make a quick decision on whether Toleranzia's existing price patterns will revert.
Auto-correlation | -0.41 |
Modest reverse predictability
Toleranzia AB has modest reverse predictability. Overlapping area represents the amount of predictability between Toleranzia time series from 5th of June 2024 to 3rd of September 2024 and 3rd of September 2024 to 2nd 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 Toleranzia AB price movement. The serial correlation of -0.41 indicates that just about 41.0% of current Toleranzia price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.41 | |
| Spearman Rank Test | -0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Toleranzia AB lagged returns against current returns
Autocorrelation, which is Toleranzia 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 Toleranzia's stock expected returns. We can calculate the autocorrelation of Toleranzia returns to help us make a trade decision. For example, suppose you find that Toleranzia 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 |
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Toleranzia 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 Toleranzia stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Toleranzia stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Toleranzia stock over time.
Current vs Lagged Prices |
| Timeline |
Toleranzia Lagged Returns
When evaluating Toleranzia's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Toleranzia stock have on its future price. Toleranzia 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, Toleranzia autocorrelation shows the relationship between Toleranzia stock current value and its past values and can show if there is a momentum factor associated with investing in Toleranzia AB.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Toleranzia Stock Analysis
When running Toleranzia's price analysis, check to measure Toleranzia'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 Toleranzia is operating at the current time. Most of Toleranzia's value examination focuses on studying past and present price action to predict the probability of Toleranzia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Toleranzia's price. Additionally, you may evaluate how the addition of Toleranzia to your portfolios can decrease your overall portfolio volatility.