Atrium Ljungberg (Sweden) Market Value
| ATRLJ-B Stock | SEK 195.20 0.20 0.10% |
| Symbol | Atrium |
Atrium Ljungberg '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 Atrium Ljungberg'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 Atrium Ljungberg.
| 12/17/2023 |
| 12/11/2024 |
If you would invest 0.00 in Atrium Ljungberg on December 17, 2023 and sell it all today you would earn a total of 0.00 from holding Atrium Ljungberg AB or generate 0.0% return on investment in Atrium Ljungberg over 360 days. Atrium Ljungberg is related to or competes with Hufvudstaden, Fabege AB, Wihlborgs Fastigheter, Fastighets, and Wallenstam. Atrium Ljungberg AB owns, develops, and manages real estate properties primarily in Sweden More
Atrium Ljungberg 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 Atrium Ljungberg'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 Atrium Ljungberg AB upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.26) | |||
| Maximum Drawdown | 6.17 | |||
| Value At Risk | (2.58) | |||
| Potential Upside | 2.42 |
Atrium Ljungberg Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Atrium Ljungberg's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Atrium Ljungberg's standard deviation. In reality, there are many statistical measures that can use Atrium Ljungberg historical prices to predict the future Atrium Ljungberg's volatility.| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (0.31) | |||
| Total Risk Alpha | (0.51) | |||
| Treynor Ratio | (1.04) |
Atrium Ljungberg Backtested Returns
Atrium Ljungberg secures Sharpe Ratio (or Efficiency) of -0.17, which signifies that the company had a -0.17% return per unit of risk over the last 3 months. Atrium Ljungberg AB exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Atrium Ljungberg's Risk Adjusted Performance of (0.12), mean deviation of 1.15, and Standard Deviation of 1.5 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.26, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Atrium Ljungberg's returns are expected to increase less than the market. However, during the bear market, the loss of holding Atrium Ljungberg is expected to be smaller as well. At this point, Atrium Ljungberg has a negative expected return of -0.24%. Please make sure to confirm Atrium Ljungberg's skewness, as well as the relationship between the day median price and relative strength index , to decide if Atrium Ljungberg performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.54 |
Good reverse predictability
Atrium Ljungberg AB has good reverse predictability. Overlapping area represents the amount of predictability between Atrium Ljungberg time series from 17th of December 2023 to 14th of June 2024 and 14th of June 2024 to 11th of December 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 Atrium Ljungberg price movement. The serial correlation of -0.54 indicates that about 54.0% of current Atrium Ljungberg price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.54 | |
| Spearman Rank Test | -0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 213.29 |
Atrium Ljungberg lagged returns against current returns
Autocorrelation, which is Atrium Ljungberg 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 Atrium Ljungberg's stock expected returns. We can calculate the autocorrelation of Atrium Ljungberg returns to help us make a trade decision. For example, suppose you find that Atrium Ljungberg 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 |
Atrium Ljungberg 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 Atrium Ljungberg stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Atrium Ljungberg stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Atrium Ljungberg stock over time.
Current vs Lagged Prices |
| Timeline |
Atrium Ljungberg Lagged Returns
When evaluating Atrium Ljungberg's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Atrium Ljungberg stock have on its future price. Atrium Ljungberg 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, Atrium Ljungberg autocorrelation shows the relationship between Atrium Ljungberg stock current value and its past values and can show if there is a momentum factor associated with investing in Atrium Ljungberg AB.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Atrium Stock
Atrium Ljungberg financial ratios help investors to determine whether Atrium 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 Atrium with respect to the benefits of owning Atrium Ljungberg security.