AddLife AB (Sweden) Market Value
| ALIF-B Stock | SEK 149.60 1.00 0.66% |
| Symbol | AddLife |
AddLife 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 AddLife 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 AddLife AB.
| 12/19/2024 |
| 03/19/2025 |
If you would invest 0.00 in AddLife AB on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding AddLife AB or generate 0.0% return on investment in AddLife AB over 90 days. AddLife AB is related to or competes with Addtech AB, Lifco AB, Indutrade, Lagercrantz Group, and Vitec Software. AddLife AB , together with its subsidiaries, supplies equipment, instruments, and reagents to medical care, research, co... More
AddLife 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 AddLife 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 AddLife AB upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.97 | |||
| Information Ratio | 0.0969 | |||
| Maximum Drawdown | 19.97 | |||
| Value At Risk | (3.68) | |||
| Potential Upside | 4.23 |
AddLife AB Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AddLife AB's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AddLife AB's standard deviation. In reality, there are many statistical measures that can use AddLife AB historical prices to predict the future AddLife AB's volatility.| Risk Adjusted Performance | 0.0671 | |||
| Jensen Alpha | 0.2738 | |||
| Total Risk Alpha | 0.48 | |||
| Sortino Ratio | 0.14 | |||
| Treynor Ratio | 0.1897 |
AddLife AB Backtested Returns
AddLife AB appears to be very steady, given 3 months investment horizon. AddLife AB secures Sharpe Ratio (or Efficiency) of 0.0824, which signifies that the company had a 0.0824 % return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for AddLife AB, which you can use to evaluate the volatility of the firm. Please makes use of AddLife AB's risk adjusted performance of 0.0671, and Mean Deviation of 1.88 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, AddLife AB holds a performance score of 6. The firm shows a Beta (market volatility) of 0.98, which signifies possible diversification benefits within a given portfolio. AddLife AB returns are very sensitive to returns on the market. As the market goes up or down, AddLife AB is expected to follow. Please check AddLife AB's downside deviation, standard deviation, and the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether AddLife AB's price patterns will revert.
Auto-correlation | -0.59 |
Good reverse predictability
AddLife AB has good reverse predictability. Overlapping area represents the amount of predictability between AddLife AB time series from 19th of December 2024 to 2nd of February 2025 and 2nd of February 2025 to 19th 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 AddLife AB price movement. The serial correlation of -0.59 indicates that roughly 59.0% of current AddLife AB price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.59 | |
| Spearman Rank Test | -0.57 | |
| Residual Average | 0.0 | |
| Price Variance | 83.69 |
AddLife AB lagged returns against current returns
Autocorrelation, which is AddLife 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 AddLife AB's stock expected returns. We can calculate the autocorrelation of AddLife AB returns to help us make a trade decision. For example, suppose you find that AddLife 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 |
AddLife 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 AddLife AB stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AddLife AB stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AddLife AB stock over time.
Current vs Lagged Prices |
| Timeline |
AddLife AB Lagged Returns
When evaluating AddLife AB's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AddLife AB stock have on its future price. AddLife 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, AddLife AB autocorrelation shows the relationship between AddLife AB stock current value and its past values and can show if there is a momentum factor associated with investing in AddLife AB.
Regressed Prices |
| Timeline |
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Other Information on Investing in AddLife Stock
AddLife AB financial ratios help investors to determine whether AddLife 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 AddLife with respect to the benefits of owning AddLife AB security.