SVENSKA AEROGEL (Germany) Market Value
| 5L8 Stock | EUR 0.56 0.05 8.20% |
| Symbol | SVENSKA |
SVENSKA AEROGEL '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 SVENSKA AEROGEL'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 SVENSKA AEROGEL.
| 11/21/2024 |
| 12/21/2024 |
If you would invest 0.00 in SVENSKA AEROGEL on November 21, 2024 and sell it all today you would earn a total of 0.00 from holding SVENSKA AEROGEL HOLDING or generate 0.0% return on investment in SVENSKA AEROGEL over 30 days. SVENSKA AEROGEL is related to or competes with Hanover Insurance, COMINTL BANK, TFS FINANCIAL, Micron Technology, QBE Insurance, MACOM Technology, and Vishay Intertechnology. Svenska Aerogel Holding AB , through its subsidiary, engages in the research, development, production, and sale of aerog... More
SVENSKA AEROGEL 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 SVENSKA AEROGEL'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 SVENSKA AEROGEL HOLDING upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 57.45 | |||
| Information Ratio | 0.3929 | |||
| Maximum Drawdown | 8498.48 | |||
| Value At Risk | (98.53) | |||
| Potential Upside | 6800.0 |
SVENSKA AEROGEL Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SVENSKA AEROGEL's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SVENSKA AEROGEL's standard deviation. In reality, there are many statistical measures that can use SVENSKA AEROGEL historical prices to predict the future SVENSKA AEROGEL's volatility.| Risk Adjusted Performance | 0.3212 | |||
| Jensen Alpha | 880.69 | |||
| Total Risk Alpha | 819.88 | |||
| Sortino Ratio | 15.36 | |||
| Treynor Ratio | 9.29 |
SVENSKA AEROGEL HOLDING Backtested Returns
SVENSKA AEROGEL is out of control given 3 months investment horizon. SVENSKA AEROGEL HOLDING owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.38, which indicates the firm had a 0.38% return per unit of volatility over the last 3 months. We were able to interpolate twenty-eight different technical indicators, which can help you to evaluate if expected returns of 136.94% are justified by taking the suggested risk. Use SVENSKA AEROGEL HOLDING coefficient of variation of 254.54, and Risk Adjusted Performance of 0.3212 to evaluate company specific risk that cannot be diversified away. SVENSKA AEROGEL holds a performance score of 29 on a scale of zero to a hundred. The entity has a beta of 95.0, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, SVENSKA AEROGEL will likely underperform. Use SVENSKA AEROGEL HOLDING market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to analyze future returns on SVENSKA AEROGEL HOLDING.
Auto-correlation | -0.47 |
Modest reverse predictability
SVENSKA AEROGEL HOLDING has modest reverse predictability. Overlapping area represents the amount of predictability between SVENSKA AEROGEL time series from 21st of November 2024 to 6th of December 2024 and 6th of December 2024 to 21st 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 SVENSKA AEROGEL HOLDING price movement. The serial correlation of -0.47 indicates that about 47.0% of current SVENSKA AEROGEL price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.47 | |
| Spearman Rank Test | -0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
SVENSKA AEROGEL HOLDING lagged returns against current returns
Autocorrelation, which is SVENSKA AEROGEL 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 SVENSKA AEROGEL's stock expected returns. We can calculate the autocorrelation of SVENSKA AEROGEL returns to help us make a trade decision. For example, suppose you find that SVENSKA AEROGEL 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 |
SVENSKA AEROGEL 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 SVENSKA AEROGEL stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SVENSKA AEROGEL stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SVENSKA AEROGEL stock over time.
Current vs Lagged Prices |
| Timeline |
SVENSKA AEROGEL Lagged Returns
When evaluating SVENSKA AEROGEL's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SVENSKA AEROGEL stock have on its future price. SVENSKA AEROGEL 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, SVENSKA AEROGEL autocorrelation shows the relationship between SVENSKA AEROGEL stock current value and its past values and can show if there is a momentum factor associated with investing in SVENSKA AEROGEL HOLDING.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in SVENSKA Stock
SVENSKA AEROGEL financial ratios help investors to determine whether SVENSKA 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 SVENSKA with respect to the benefits of owning SVENSKA AEROGEL security.