Afry AB (Sweden) Market Value
| AFRY Stock | 196.00 7.80 4.14% |
| Symbol | Afry |
Afry 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 Afry 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 Afry AB.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Afry AB on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Afry AB or generate 0.0% return on investment in Afry AB over 90 days. Afry AB is related to or competes with Sweco AB, AAK AB, Beijer Ref, Bravida Holding, and Holmen AB. More
Afry 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 Afry 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 Afry AB upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.4 | |||
| Information Ratio | 0.2431 | |||
| Maximum Drawdown | 13.77 | |||
| Value At Risk | (2.31) | |||
| Potential Upside | 3.27 |
Afry AB Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Afry AB's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Afry AB's standard deviation. In reality, there are many statistical measures that can use Afry AB historical prices to predict the future Afry AB's volatility.| Risk Adjusted Performance | 0.1734 | |||
| Jensen Alpha | 0.4009 | |||
| Total Risk Alpha | 0.6164 | |||
| Sortino Ratio | 0.3425 | |||
| Treynor Ratio | 1.29 |
Afry AB Backtested Returns
Afry AB appears to be very steady, given 3 months investment horizon. Afry AB secures Sharpe Ratio (or Efficiency) of 0.18, which signifies that the company had a 0.18 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Afry AB, which you can use to evaluate the volatility of the firm. Please makes use of Afry AB's Downside Deviation of 1.4, mean deviation of 1.28, and Risk Adjusted Performance of 0.1734 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Afry AB holds a performance score of 13. The firm shows a Beta (market volatility) of 0.29, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Afry AB's returns are expected to increase less than the market. However, during the bear market, the loss of holding Afry AB is expected to be smaller as well. Please check Afry AB's sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to make a quick decision on whether Afry AB's price patterns will revert.
Auto-correlation | -0.16 |
Insignificant reverse predictability
Afry AB has insignificant reverse predictability. Overlapping area represents the amount of predictability between Afry AB time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th 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 Afry AB price movement. The serial correlation of -0.16 indicates that over 16.0% of current Afry AB price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.16 | |
| Spearman Rank Test | -0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 75.93 |
Afry AB lagged returns against current returns
Autocorrelation, which is Afry 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 Afry AB's stock expected returns. We can calculate the autocorrelation of Afry AB returns to help us make a trade decision. For example, suppose you find that Afry 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 |
Afry 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 Afry AB stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Afry AB stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Afry AB stock over time.
Current vs Lagged Prices |
| Timeline |
Afry AB Lagged Returns
When evaluating Afry AB's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Afry AB stock have on its future price. Afry 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, Afry AB autocorrelation shows the relationship between Afry AB stock current value and its past values and can show if there is a momentum factor associated with investing in Afry AB.
Regressed Prices |
| Timeline |
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Additional Tools for Afry Stock Analysis
When running Afry AB's price analysis, check to measure Afry AB'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 Afry AB is operating at the current time. Most of Afry AB's value examination focuses on studying past and present price action to predict the probability of Afry AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Afry AB's price. Additionally, you may evaluate how the addition of Afry AB to your portfolios can decrease your overall portfolio volatility.