Acroud AB (Sweden) Market Value
| ACROUD Stock | SEK 0.24 0.02 9.09% |
| Symbol | Acroud |
Acroud AB '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 Acroud AB'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 Acroud AB.
| 01/01/2025 |
| 03/02/2025 |
If you would invest 0.00 in Acroud AB on January 1, 2025 and sell it all today you would earn a total of 0.00 from holding Acroud AB or generate 0.0% return on investment in Acroud AB over 60 days. Acroud AB is related to or competes with Raketech Group, Catena Media, Enad Global, Better Collective, and Scout Gaming. Acroud AB owns, develops, and operates comparison and news sites, primarily in iGaming affiliation in Sweden More
Acroud AB 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 Acroud AB'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 Acroud AB upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 16.82 | |||
| Information Ratio | 0.0107 | |||
| Maximum Drawdown | 85.0 | |||
| Value At Risk | (21.43) | |||
| Potential Upside | 21.21 |
Acroud AB Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Acroud AB's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Acroud AB's standard deviation. In reality, there are many statistical measures that can use Acroud AB historical prices to predict the future Acroud AB's volatility.| Risk Adjusted Performance | 0.0168 | |||
| Jensen Alpha | 0.225 | |||
| Total Risk Alpha | 0.6203 | |||
| Sortino Ratio | 0.0098 | |||
| Treynor Ratio | 0.0391 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Acroud AB's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Acroud AB Backtested Returns
Acroud AB appears to be out of control, given 3 months investment horizon. Acroud AB secures Sharpe Ratio (or Efficiency) of 0.0581, which signifies that the company had a 0.0581 % return per unit of risk over the last 3 months. By analyzing Acroud AB's technical indicators, you can evaluate if the expected return of 0.93% is justified by implied risk. Please makes use of Acroud AB's Risk Adjusted Performance of 0.0168, mean deviation of 8.56, and Downside Deviation of 16.82 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Acroud AB holds a performance score of 4. The firm shows a Beta (market volatility) of 3.62, which signifies 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, Acroud AB will likely underperform. Please check Acroud AB's value at risk, as well as the relationship between the kurtosis and market facilitation index , to make a quick decision on whether Acroud AB's price patterns will revert.
Auto-correlation | -0.06 |
Very weak reverse predictability
Acroud AB has very weak reverse predictability. Overlapping area represents the amount of predictability between Acroud AB time series from 1st of January 2025 to 31st of January 2025 and 31st of January 2025 to 2nd of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Acroud AB price movement. The serial correlation of -0.06 indicates that barely 6.0% of current Acroud AB price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.06 | |
| Spearman Rank Test | -0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Acroud AB lagged returns against current returns
Autocorrelation, which is Acroud AB 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 Acroud AB's stock expected returns. We can calculate the autocorrelation of Acroud AB returns to help us make a trade decision. For example, suppose you find that Acroud AB 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 |
Acroud AB 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 Acroud AB stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Acroud AB stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Acroud AB stock over time.
Current vs Lagged Prices |
| Timeline |
Acroud AB Lagged Returns
When evaluating Acroud AB's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Acroud AB stock have on its future price. Acroud AB 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, Acroud AB autocorrelation shows the relationship between Acroud AB stock current value and its past values and can show if there is a momentum factor associated with investing in Acroud AB.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Acroud Stock
Acroud AB financial ratios help investors to determine whether Acroud 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 Acroud with respect to the benefits of owning Acroud AB security.