Skandinaviska Enskilda (UK) Market Value

0GUX Stock   153.60  0.20  0.13%   
Skandinaviska Enskilda's market value is the price at which a share of Skandinaviska Enskilda trades on a public exchange. It measures the collective expectations of Skandinaviska Enskilda Banken investors about its performance. Skandinaviska Enskilda is selling for under 153.60 as of the 5th of December 2024; that is 0.13 percent increase since the beginning of the trading day. The stock's lowest day price was 153.6.
With this module, you can estimate the performance of a buy and hold strategy of Skandinaviska Enskilda Banken and determine expected loss or profit from investing in Skandinaviska Enskilda over a given investment horizon. Check out Skandinaviska Enskilda Correlation, Skandinaviska Enskilda Volatility and Skandinaviska Enskilda Alpha and Beta module to complement your research on Skandinaviska Enskilda.
Symbol

Please note, there is a significant difference between Skandinaviska Enskilda's value and its price as these two are different measures arrived at by different means. Investors typically determine if Skandinaviska Enskilda is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Skandinaviska Enskilda's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Skandinaviska Enskilda '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 Skandinaviska Enskilda'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 Skandinaviska Enskilda.
0.00
11/05/2024
No Change 0.00  0.0 
In 31 days
12/05/2024
0.00
If you would invest  0.00  in Skandinaviska Enskilda on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding Skandinaviska Enskilda Banken or generate 0.0% return on investment in Skandinaviska Enskilda over 30 days. Skandinaviska Enskilda is related to or competes with Lowland Investment, Kinnevik Investment, New Residential, Smithson Investment, Hilton Food, and Aurora Investment. Skandinaviska Enskilda is entity of United Kingdom More

Skandinaviska Enskilda 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 Skandinaviska Enskilda'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 Skandinaviska Enskilda Banken upside and downside potential and time the market with a certain degree of confidence.

Skandinaviska Enskilda Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Skandinaviska Enskilda's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Skandinaviska Enskilda's standard deviation. In reality, there are many statistical measures that can use Skandinaviska Enskilda historical prices to predict the future Skandinaviska Enskilda's volatility.
Hype
Prediction
LowEstimatedHigh
152.41153.44154.47
Details
Intrinsic
Valuation
LowRealHigh
138.24154.71155.74
Details
Naive
Forecast
LowNextHigh
157.16158.19159.21
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
151.92152.96154.00
Details

Skandinaviska Enskilda Backtested Returns

Skandinaviska Enskilda owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0729, which indicates the firm had a -0.0729% return per unit of risk over the last 3 months. Skandinaviska Enskilda Banken exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Skandinaviska Enskilda's Variance of 1.05, risk adjusted performance of (0.04), and Coefficient Of Variation of (1,597) to confirm the risk estimate we provide. The entity has a beta of 0.0783, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Skandinaviska Enskilda's returns are expected to increase less than the market. However, during the bear market, the loss of holding Skandinaviska Enskilda is expected to be smaller as well. At this point, Skandinaviska Enskilda has a negative expected return of -0.0748%. Please make sure to validate Skandinaviska Enskilda's market risk adjusted performance, coefficient of variation, jensen alpha, as well as the relationship between the mean deviation and standard deviation , to decide if Skandinaviska Enskilda performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.46  

Modest reverse predictability

Skandinaviska Enskilda Banken has modest reverse predictability. Overlapping area represents the amount of predictability between Skandinaviska Enskilda time series from 5th of November 2024 to 20th of November 2024 and 20th of November 2024 to 5th 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 Skandinaviska Enskilda price movement. The serial correlation of -0.46 indicates that about 46.0% of current Skandinaviska Enskilda price fluctuation can be explain by its past prices.
Correlation Coefficient-0.46
Spearman Rank Test-0.69
Residual Average0.0
Price Variance1.32

Skandinaviska Enskilda lagged returns against current returns

Autocorrelation, which is Skandinaviska Enskilda 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 Skandinaviska Enskilda's stock expected returns. We can calculate the autocorrelation of Skandinaviska Enskilda returns to help us make a trade decision. For example, suppose you find that Skandinaviska Enskilda 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  

Skandinaviska Enskilda 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 Skandinaviska Enskilda stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Skandinaviska Enskilda stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Skandinaviska Enskilda stock over time.
   Current vs Lagged Prices   
       Timeline  

Skandinaviska Enskilda Lagged Returns

When evaluating Skandinaviska Enskilda's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Skandinaviska Enskilda stock have on its future price. Skandinaviska Enskilda 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, Skandinaviska Enskilda autocorrelation shows the relationship between Skandinaviska Enskilda stock current value and its past values and can show if there is a momentum factor associated with investing in Skandinaviska Enskilda Banken.
   Regressed Prices   
       Timeline  

Also Currently Popular

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 Skandinaviska Stock Analysis

When running Skandinaviska Enskilda's price analysis, check to measure Skandinaviska Enskilda'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 Skandinaviska Enskilda is operating at the current time. Most of Skandinaviska Enskilda's value examination focuses on studying past and present price action to predict the probability of Skandinaviska Enskilda's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Skandinaviska Enskilda's price. Additionally, you may evaluate how the addition of Skandinaviska Enskilda to your portfolios can decrease your overall portfolio volatility.