EEducation Albert (Sweden) Market Value
| ALBERT Stock | 3.55 0.10 2.74% |
| Symbol | EEducation |
EEducation Albert '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 EEducation Albert'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 EEducation Albert.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in EEducation Albert on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding eEducation Albert AB or generate 0.0% return on investment in EEducation Albert over 540 days. EEducation Albert is related to or competes with Greater Than, Cint Group, Acconeer, IAR Systems, and Generic Sweden. More
EEducation Albert 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 EEducation Albert'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 eEducation Albert AB upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 11.14 | |||
| Value At Risk | (2.74) | |||
| Potential Upside | 2.13 |
EEducation Albert Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for EEducation Albert's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as EEducation Albert's standard deviation. In reality, there are many statistical measures that can use EEducation Albert historical prices to predict the future EEducation Albert's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.45) | |||
| Treynor Ratio | (130.80) |
eEducation Albert Backtested Returns
eEducation Albert secures Sharpe Ratio (or Efficiency) of -0.11, which denotes the company had a -0.11% return per unit of standard deviation over the last 3 months. eEducation Albert AB exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm EEducation Albert's Coefficient Of Variation of (1,006), risk adjusted performance of (0.07), and Mean Deviation of 1.16 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.0014, which means not very significant fluctuations relative to the market. As returns on the market increase, EEducation Albert's returns are expected to increase less than the market. However, during the bear market, the loss of holding EEducation Albert is expected to be smaller as well. At this point, eEducation Albert has a negative expected return of -0.19%. Please make sure to confirm EEducation Albert's total risk alpha, as well as the relationship between the skewness and day median price , to decide if eEducation Albert performance from the past will be repeated at future time.
Auto-correlation | 0.32 |
Below average predictability
eEducation Albert AB has below average predictability. Overlapping area represents the amount of predictability between EEducation Albert time series from 8th of June 2023 to 4th of March 2024 and 4th of March 2024 to 29th of November 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 eEducation Albert price movement. The serial correlation of 0.32 indicates that nearly 32.0% of current EEducation Albert price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.32 | |
| Spearman Rank Test | 0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
eEducation Albert lagged returns against current returns
Autocorrelation, which is EEducation Albert 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 EEducation Albert's stock expected returns. We can calculate the autocorrelation of EEducation Albert returns to help us make a trade decision. For example, suppose you find that EEducation Albert 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 |
EEducation Albert 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 EEducation Albert stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if EEducation Albert stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in EEducation Albert stock over time.
Current vs Lagged Prices |
| Timeline |
EEducation Albert Lagged Returns
When evaluating EEducation Albert's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of EEducation Albert stock have on its future price. EEducation Albert 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, EEducation Albert autocorrelation shows the relationship between EEducation Albert stock current value and its past values and can show if there is a momentum factor associated with investing in eEducation Albert AB.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in EEducation Stock
EEducation Albert financial ratios help investors to determine whether EEducation 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 EEducation with respect to the benefits of owning EEducation Albert security.