Fastighets (Sweden) Market Value
| BALD-B Stock | SEK 78.34 0.92 1.16% |
| Symbol | Fastighets |
Fastighets '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 Fastighets' 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 Fastighets.
| 11/20/2024 |
| 02/18/2025 |
If you would invest 0.00 in Fastighets on November 20, 2024 and sell it all today you would earn a total of 0.00 from holding Fastighets AB Balder or generate 0.0% return on investment in Fastighets over 90 days. Fastighets is related to or competes with AB Sagax, AB Sagax, AB Sagax, SBB-D, Wihlborgs Fastigheter, and Corem Property. Fastighets AB Balder develops, owns, and manages residential and commercial properties, and hotels in Sweden, Denmark, N... More
Fastighets 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 Fastighets' 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 Fastighets AB Balder upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 8.08 | |||
| Value At Risk | (3.23) | |||
| Potential Upside | 3.14 |
Fastighets Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fastighets' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fastighets' standard deviation. In reality, there are many statistical measures that can use Fastighets historical prices to predict the future Fastighets' volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.15) | |||
| Treynor Ratio | (4.38) |
Fastighets AB Balder Backtested Returns
Fastighets AB Balder secures Sharpe Ratio (or Efficiency) of close to zero, which denotes the company had a close to zero % return per unit of risk over the last 3 months. Fastighets AB Balder exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Fastighets' Variance of 3.47, mean deviation of 1.43, and Standard Deviation of 1.86 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.0347, which means not very significant fluctuations relative to the market. As returns on the market increase, Fastighets' returns are expected to increase less than the market. However, during the bear market, the loss of holding Fastighets is expected to be smaller as well. At this point, Fastighets AB Balder has a negative expected return of -0.0101%. Please make sure to confirm Fastighets' value at risk, skewness, and the relationship between the maximum drawdown and potential upside , to decide if Fastighets AB Balder performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.61 |
Very good reverse predictability
Fastighets AB Balder has very good reverse predictability. Overlapping area represents the amount of predictability between Fastighets time series from 20th of November 2024 to 4th of January 2025 and 4th of January 2025 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 Fastighets AB Balder price movement. The serial correlation of -0.61 indicates that roughly 61.0% of current Fastighets price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.61 | |
| Spearman Rank Test | -0.75 | |
| Residual Average | 0.0 | |
| Price Variance | 11.97 |
Fastighets AB Balder lagged returns against current returns
Autocorrelation, which is Fastighets 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 Fastighets' stock expected returns. We can calculate the autocorrelation of Fastighets returns to help us make a trade decision. For example, suppose you find that Fastighets 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 |
Fastighets 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 Fastighets stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fastighets stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fastighets stock over time.
Current vs Lagged Prices |
| Timeline |
Fastighets Lagged Returns
When evaluating Fastighets' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fastighets stock have on its future price. Fastighets 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, Fastighets autocorrelation shows the relationship between Fastighets stock current value and its past values and can show if there is a momentum factor associated with investing in Fastighets AB Balder.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Other Information on Investing in Fastighets Stock
Fastighets financial ratios help investors to determine whether Fastighets 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 Fastighets with respect to the benefits of owning Fastighets security.