Bactiguard Holding (Sweden) Market Value
| BACTI-B Stock | SEK 30.50 0.40 1.29% |
| Symbol | Bactiguard |
Bactiguard Holding '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 Bactiguard Holding'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 Bactiguard Holding.
| 03/01/2023 |
| 02/18/2025 |
If you would invest 0.00 in Bactiguard Holding on March 1, 2023 and sell it all today you would earn a total of 0.00 from holding Bactiguard Holding AB or generate 0.0% return on investment in Bactiguard Holding over 720 days. Bactiguard Holding is related to or competes with Biotage AB, CellaVision, Bonesupport Holding, MedCap AB, and Camurus AB. Bactiguard Holding AB , a medtech company, develops and provides infection prevention solutions More
Bactiguard Holding 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 Bactiguard Holding'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 Bactiguard Holding AB upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 22.62 | |||
| Value At Risk | (7.11) | |||
| Potential Upside | 6.87 |
Bactiguard Holding Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bactiguard Holding's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bactiguard Holding's standard deviation. In reality, there are many statistical measures that can use Bactiguard Holding historical prices to predict the future Bactiguard Holding's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.1) | |||
| Total Risk Alpha | (0.10) | |||
| Treynor Ratio | (0.47) |
Bactiguard Holding Backtested Returns
Bactiguard Holding secures Sharpe Ratio (or Efficiency) of -0.0212, which signifies that the company had a -0.0212 % return per unit of standard deviation over the last 3 months. Bactiguard Holding AB exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bactiguard Holding's risk adjusted performance of (0.01), and Mean Deviation of 3.09 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.21, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Bactiguard Holding's returns are expected to increase less than the market. However, during the bear market, the loss of holding Bactiguard Holding is expected to be smaller as well. At this point, Bactiguard Holding has a negative expected return of -0.0883%. Please make sure to confirm Bactiguard Holding's standard deviation, kurtosis, period momentum indicator, as well as the relationship between the maximum drawdown and day median price , to decide if Bactiguard Holding performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.38 |
Below average predictability
Bactiguard Holding AB has below average predictability. Overlapping area represents the amount of predictability between Bactiguard Holding time series from 1st of March 2023 to 24th of February 2024 and 24th of February 2024 to 18th of February 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 Bactiguard Holding price movement. The serial correlation of 0.38 indicates that just about 38.0% of current Bactiguard Holding price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.38 | |
| Spearman Rank Test | 0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 249.25 |
Bactiguard Holding lagged returns against current returns
Autocorrelation, which is Bactiguard Holding 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 Bactiguard Holding's stock expected returns. We can calculate the autocorrelation of Bactiguard Holding returns to help us make a trade decision. For example, suppose you find that Bactiguard Holding 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 |
Bactiguard Holding 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 Bactiguard Holding stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bactiguard Holding stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bactiguard Holding stock over time.
Current vs Lagged Prices |
| Timeline |
Bactiguard Holding Lagged Returns
When evaluating Bactiguard Holding's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bactiguard Holding stock have on its future price. Bactiguard Holding 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, Bactiguard Holding autocorrelation shows the relationship between Bactiguard Holding stock current value and its past values and can show if there is a momentum factor associated with investing in Bactiguard Holding AB.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Bactiguard Stock
Bactiguard Holding financial ratios help investors to determine whether Bactiguard 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 Bactiguard with respect to the benefits of owning Bactiguard Holding security.