SAXLUND GROUP (Germany) Market Value
| 6WZ Stock | EUR 0.20 0.00 0.00% |
| Symbol | SAXLUND |
SAXLUND GROUP '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 SAXLUND GROUP'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 SAXLUND GROUP.
| 11/20/2024 |
| 12/20/2024 |
If you would invest 0.00 in SAXLUND GROUP on November 20, 2024 and sell it all today you would earn a total of 0.00 from holding SAXLUND GROUP AB or generate 0.0% return on investment in SAXLUND GROUP over 30 days. SAXLUND GROUP is related to or competes with Superior Plus, SIVERS SEMICONDUCTORS, Norsk Hydro, Reliance Steel, RYOHIN UNSPADR1, Vanguard Funds, and Meli Hotels. Saxlund Group AB , an environmental technology group, develops, manufactures, and services plants and equipment for the ... More
SAXLUND GROUP 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 SAXLUND GROUP'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 SAXLUND GROUP AB upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 64.98 | |||
| Information Ratio | 0.2534 | |||
| Maximum Drawdown | 480.0 | |||
| Value At Risk | (66.67) | |||
| Potential Upside | 300.0 |
SAXLUND GROUP Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SAXLUND GROUP's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SAXLUND GROUP's standard deviation. In reality, there are many statistical measures that can use SAXLUND GROUP historical prices to predict the future SAXLUND GROUP's volatility.| Risk Adjusted Performance | 0.2114 | |||
| Jensen Alpha | 26.18 | |||
| Total Risk Alpha | 23.31 | |||
| Sortino Ratio | 0.4056 | |||
| Treynor Ratio | 3.14 |
SAXLUND GROUP AB Backtested Returns
SAXLUND GROUP is out of control given 3 months investment horizon. SAXLUND GROUP AB owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.2, which indicates the company had a 0.2% return per unit of risk over the last 3 months. We were able to interpolate twenty-five different technical indicators, which can help you to evaluate if expected returns of 17.72% are justified by taking the suggested risk. Use SAXLUND GROUP AB downside deviation of 64.98, and Market Risk Adjusted Performance of 3.15 to evaluate company specific risk that cannot be diversified away. SAXLUND GROUP holds a performance score of 15 on a scale of zero to a hundred. The firm has a beta of 8.41, 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, SAXLUND GROUP will likely underperform. Use SAXLUND GROUP AB sortino ratio, potential upside, skewness, as well as the relationship between the maximum drawdown and semi variance , to analyze future returns on SAXLUND GROUP AB.
Auto-correlation | 1.00 |
Perfect predictability
SAXLUND GROUP AB has perfect predictability. Overlapping area represents the amount of predictability between SAXLUND GROUP time series from 20th of November 2024 to 5th of December 2024 and 5th of December 2024 to 20th 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 SAXLUND GROUP AB price movement. The serial correlation of 1.0 indicates that 100.0% of current SAXLUND GROUP price fluctuation can be explain by its past prices.
| Correlation Coefficient | 1.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
SAXLUND GROUP AB lagged returns against current returns
Autocorrelation, which is SAXLUND GROUP 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 SAXLUND GROUP's stock expected returns. We can calculate the autocorrelation of SAXLUND GROUP returns to help us make a trade decision. For example, suppose you find that SAXLUND GROUP 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 |
SAXLUND GROUP 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 SAXLUND GROUP stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SAXLUND GROUP stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SAXLUND GROUP stock over time.
Current vs Lagged Prices |
| Timeline |
SAXLUND GROUP Lagged Returns
When evaluating SAXLUND GROUP's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SAXLUND GROUP stock have on its future price. SAXLUND GROUP 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, SAXLUND GROUP autocorrelation shows the relationship between SAXLUND GROUP stock current value and its past values and can show if there is a momentum factor associated with investing in SAXLUND GROUP AB.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in SAXLUND Stock
SAXLUND GROUP financial ratios help investors to determine whether SAXLUND 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 SAXLUND with respect to the benefits of owning SAXLUND GROUP security.