ALM Equity (Sweden) Market Value
| ALM-PREF | SEK 82.20 0.10 0.12% |
| Symbol | ALM |
ALM Equity '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 ALM Equity'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 ALM Equity.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in ALM Equity on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding ALM Equity AB or generate 0.0% return on investment in ALM Equity over 90 days. ALM Equity is related to or competes with Lundin Mining, Nexam Chemical, Upsales Technology, Fractal Gaming, FormPipe Software, Kinnevik Investment, and Soder Sportfiske. ALM Equity AB operates as a real estate development company in Sweden More
ALM Equity 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 ALM Equity'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 ALM Equity AB upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0845 | |||
| Maximum Drawdown | 3.88 | |||
| Value At Risk | (1.20) | |||
| Potential Upside | 1.3 |
ALM Equity Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ALM Equity's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ALM Equity's standard deviation. In reality, there are many statistical measures that can use ALM Equity historical prices to predict the future ALM Equity's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | 0.0561 | |||
| Treynor Ratio | (0.56) |
ALM Equity AB Backtested Returns
At this point, ALM Equity is very steady. ALM Equity AB secures Sharpe Ratio (or Efficiency) of close to zero, which signifies that the company had a close to zero % return per unit of return volatility over the last 3 months. We have found twenty-three technical indicators for ALM Equity AB, which you can use to evaluate the volatility of the firm. Please confirm ALM Equity's Risk Adjusted Performance of (0.04), mean deviation of 0.5548, and Coefficient Of Variation of (2,422) to double-check if the risk estimate we provide is consistent with the expected return of 0.0067%. The firm shows a Beta (market volatility) of 0.0761, which signifies not very significant fluctuations relative to the market. As returns on the market increase, ALM Equity's returns are expected to increase less than the market. However, during the bear market, the loss of holding ALM Equity is expected to be smaller as well. ALM Equity AB now shows a risk of 0.72%. Please confirm ALM Equity AB treynor ratio, accumulation distribution, price action indicator, as well as the relationship between the potential upside and day median price , to decide if ALM Equity AB will be following its price patterns.
Auto-correlation | -0.4 |
Poor reverse predictability
ALM Equity AB has poor reverse predictability. Overlapping area represents the amount of predictability between ALM Equity time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 ALM Equity AB price movement. The serial correlation of -0.4 indicates that just about 40.0% of current ALM Equity price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.4 | |
| Spearman Rank Test | -0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 0.76 |
ALM Equity AB lagged returns against current returns
Autocorrelation, which is ALM Equity 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 ALM Equity's stock expected returns. We can calculate the autocorrelation of ALM Equity returns to help us make a trade decision. For example, suppose you find that ALM Equity 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 |
ALM Equity 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 ALM Equity stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ALM Equity stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ALM Equity stock over time.
Current vs Lagged Prices |
| Timeline |
ALM Equity Lagged Returns
When evaluating ALM Equity's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ALM Equity stock have on its future price. ALM Equity 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, ALM Equity autocorrelation shows the relationship between ALM Equity stock current value and its past values and can show if there is a momentum factor associated with investing in ALM Equity AB.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in ALM Stock
ALM Equity financial ratios help investors to determine whether ALM 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 ALM with respect to the benefits of owning ALM Equity security.