Anoto Group (Sweden) Market Value
| ANOT Stock | SEK 0.04 0 5.82% |
| Symbol | Anoto |
Anoto Group '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 Anoto Group'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 Anoto Group.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Anoto Group on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Anoto Group AB or generate 0.0% return on investment in Anoto Group over 90 days. Anoto Group is related to or competes with Precise Biometrics, BioInvent International, and Bong AB. Anoto Group AB , together with its subsidiaries, provides digital writing and drawing solutions More
Anoto Group 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 Anoto Group'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 Anoto Group AB upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 77.41 | |||
| Value At Risk | (13.70) | |||
| Potential Upside | 9.09 |
Anoto Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Anoto Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Anoto Group's standard deviation. In reality, there are many statistical measures that can use Anoto Group historical prices to predict the future Anoto Group's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.76) | |||
| Total Risk Alpha | 0.3616 | |||
| Treynor Ratio | (0.61) |
Anoto Group AB Backtested Returns
Anoto Group AB secures Sharpe Ratio (or Efficiency) of -0.11, which signifies that the company had a -0.11 % return per unit of risk over the last 3 months. Anoto Group AB exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Anoto Group's Mean Deviation of 5.93, standard deviation of 10.32, and Risk Adjusted Performance of (0.07) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.53, which signifies 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, Anoto Group will likely underperform. At this point, Anoto Group AB has a negative expected return of -1.18%. Please make sure to confirm Anoto Group's maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to decide if Anoto Group AB performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.08 |
Very weak reverse predictability
Anoto Group AB has very weak reverse predictability. Overlapping area represents the amount of predictability between Anoto Group 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 Anoto Group AB price movement. The serial correlation of -0.08 indicates that barely 8.0% of current Anoto Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.08 | |
| Spearman Rank Test | 0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Anoto Group AB lagged returns against current returns
Autocorrelation, which is Anoto Group 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 Anoto Group's stock expected returns. We can calculate the autocorrelation of Anoto Group returns to help us make a trade decision. For example, suppose you find that Anoto Group 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 |
Anoto Group 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 Anoto Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Anoto Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Anoto Group stock over time.
Current vs Lagged Prices |
| Timeline |
Anoto Group Lagged Returns
When evaluating Anoto Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Anoto Group stock have on its future price. Anoto Group 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, Anoto Group autocorrelation shows the relationship between Anoto Group stock current value and its past values and can show if there is a momentum factor associated with investing in Anoto Group AB.
Regressed Prices |
| Timeline |
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Additional Tools for Anoto Stock Analysis
When running Anoto Group's price analysis, check to measure Anoto Group'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 Anoto Group is operating at the current time. Most of Anoto Group's value examination focuses on studying past and present price action to predict the probability of Anoto Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Anoto Group's price. Additionally, you may evaluate how the addition of Anoto Group to your portfolios can decrease your overall portfolio volatility.