Svenska Aerogel (Sweden) Market Value
| AERO Stock | SEK 9.85 0.25 2.48% |
| 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.
| 10/04/2024 |
| 12/03/2024 |
If you would invest 0.00 in Svenska Aerogel on October 4, 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 60 days. Svenska Aerogel is related to or competes with SaltX Technology, Nexam Chemical, AAC Clyde, and Triboron International. 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.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 47.45 | |||
| Value At Risk | (7.56) | |||
| Potential Upside | 10.61 |
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 | (0.03) | |||
| Jensen Alpha | (0.54) | |||
| Total Risk Alpha | (1.40) | |||
| Treynor Ratio | (0.23) |
Svenska Aerogel Holding Backtested Returns
Svenska Aerogel Holding owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0515, which indicates the firm had a -0.0515% return per unit of risk over the last 3 months. Svenska Aerogel Holding exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Svenska Aerogel's Coefficient Of Variation of (1,995), variance of 48.28, and Risk Adjusted Performance of (0.03) to confirm the risk estimate we provide. The entity has a beta of 1.58, 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. At this point, Svenska Aerogel Holding has a negative expected return of -0.35%. Please make sure to validate Svenska Aerogel's mean deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Svenska Aerogel Holding performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.23 |
Weak predictability
Svenska Aerogel Holding has weak predictability. Overlapping area represents the amount of predictability between Svenska Aerogel time series from 4th of October 2024 to 3rd of November 2024 and 3rd of November 2024 to 3rd 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 0.23 indicates that over 23.0% of current Svenska Aerogel price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.23 | |
| Spearman Rank Test | -0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 1.49 |
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 |
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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 |
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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 |
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Thematic Opportunities
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Additional Tools for Svenska Stock Analysis
When running Svenska Aerogel's price analysis, check to measure Svenska Aerogel'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 Svenska Aerogel is operating at the current time. Most of Svenska Aerogel's value examination focuses on studying past and present price action to predict the probability of Svenska Aerogel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Svenska Aerogel's price. Additionally, you may evaluate how the addition of Svenska Aerogel to your portfolios can decrease your overall portfolio volatility.