Tourn International (Sweden) Market Value
| TOURN Stock | SEK 4.48 0.08 1.82% |
| Symbol | Tourn |
Tourn International '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 Tourn International'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 Tourn International.
| 12/12/2025 |
| 01/11/2026 |
If you would invest 0.00 in Tourn International on December 12, 2025 and sell it all today you would earn a total of 0.00 from holding Tourn International AB or generate 0.0% return on investment in Tourn International over 30 days. Tourn International is related to or competes with Spotify Technology, Alphabet, Meta Platforms, Transtema Group, G5 Entertainment, Smart Eye, and Hexatronic Group. More
Tourn International 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 Tourn International'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 Tourn International AB upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.78 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 32.66 | |||
| Value At Risk | (11.58) | |||
| Potential Upside | 15.61 |
Tourn International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tourn International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tourn International's standard deviation. In reality, there are many statistical measures that can use Tourn International historical prices to predict the future Tourn International's volatility.| Risk Adjusted Performance | 0.0179 | |||
| Jensen Alpha | 0.1197 | |||
| Total Risk Alpha | (0.74) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | (0.15) |
Tourn International Backtested Returns
Currently, Tourn International AB is very risky. Tourn International owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0205, which indicates the firm had a 0.0205 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Tourn International AB, which you can use to evaluate the volatility of the company. Please validate Tourn International's Risk Adjusted Performance of 0.0179, semi deviation of 5.66, and Coefficient Of Variation of 8280.64 to confirm if the risk estimate we provide is consistent with the expected return of 0.15%. Tourn International has a performance score of 1 on a scale of 0 to 100. The entity has a beta of -0.51, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Tourn International are expected to decrease at a much lower rate. During the bear market, Tourn International is likely to outperform the market. Tourn International right now has a risk of 7.1%. Please validate Tourn International sortino ratio, semi variance, as well as the relationship between the Semi Variance and rate of daily change , to decide if Tourn International will be following its existing price patterns.
Auto-correlation | -0.23 |
Weak reverse predictability
Tourn International AB has weak reverse predictability. Overlapping area represents the amount of predictability between Tourn International time series from 12th of December 2025 to 27th of December 2025 and 27th of December 2025 to 11th 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 Tourn International price movement. The serial correlation of -0.23 indicates that over 23.0% of current Tourn International price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.23 | |
| Spearman Rank Test | -0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
Tourn International lagged returns against current returns
Autocorrelation, which is Tourn International 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 Tourn International's stock expected returns. We can calculate the autocorrelation of Tourn International returns to help us make a trade decision. For example, suppose you find that Tourn International 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 |
Tourn International 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 Tourn International stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tourn International stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tourn International stock over time.
Current vs Lagged Prices |
| Timeline |
Tourn International Lagged Returns
When evaluating Tourn International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tourn International stock have on its future price. Tourn International 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, Tourn International autocorrelation shows the relationship between Tourn International stock current value and its past values and can show if there is a momentum factor associated with investing in Tourn International AB.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Tourn Stock Analysis
When running Tourn International's price analysis, check to measure Tourn International'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 Tourn International is operating at the current time. Most of Tourn International's value examination focuses on studying past and present price action to predict the probability of Tourn International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tourn International's price. Additionally, you may evaluate how the addition of Tourn International to your portfolios can decrease your overall portfolio volatility.