Boliden Ab Adr Stock Market Value
| BDNNY Stock | USD 70.84 0.28 0.39% |
| Symbol | Boliden |
Boliden AB '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 Boliden AB's pink sheet 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 Boliden AB.
| 01/28/2025 |
| 02/27/2025 |
If you would invest 0.00 in Boliden AB on January 28, 2025 and sell it all today you would earn a total of 0.00 from holding Boliden AB ADR or generate 0.0% return on investment in Boliden AB over 30 days. Boliden AB is related to or competes with Sumitomo Metal, Anglo American, Glencore PLC, Snow Lake, Aurelia Metals, Adriatic Metals, and American Helium. Boliden AB engages in the exploring, extracting, and processing of base metals and precious metals in Sweden, other Nord... More
Boliden AB 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 Boliden AB's pink sheet 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 Boliden AB ADR upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.63 | |||
| Information Ratio | 0.1604 | |||
| Maximum Drawdown | 14.1 | |||
| Value At Risk | (2.14) | |||
| Potential Upside | 2.87 |
Boliden AB Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Boliden AB's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Boliden AB's standard deviation. In reality, there are many statistical measures that can use Boliden AB historical prices to predict the future Boliden AB's volatility.| Risk Adjusted Performance | 0.1258 | |||
| Jensen Alpha | 0.3324 | |||
| Total Risk Alpha | 0.3489 | |||
| Sortino Ratio | 0.2072 | |||
| Treynor Ratio | 1.1 |
Boliden AB ADR Backtested Returns
Boliden AB appears to be very steady, given 3 months investment horizon. Boliden AB ADR secures Sharpe Ratio (or Efficiency) of 0.16, which signifies that the company had a 0.16 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Boliden AB ADR, which you can use to evaluate the volatility of the firm. Please makes use of Boliden AB's Risk Adjusted Performance of 0.1258, downside deviation of 1.63, and Mean Deviation of 1.36 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Boliden AB holds a performance score of 12. The firm shows a Beta (market volatility) of 0.3, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Boliden AB's returns are expected to increase less than the market. However, during the bear market, the loss of holding Boliden AB is expected to be smaller as well. Please check Boliden AB's treynor ratio, as well as the relationship between the expected short fall and day median price , to make a quick decision on whether Boliden AB's price patterns will revert.
Auto-correlation | -0.44 |
Modest reverse predictability
Boliden AB ADR has modest reverse predictability. Overlapping area represents the amount of predictability between Boliden AB time series from 28th of January 2025 to 12th of February 2025 and 12th of February 2025 to 27th 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 Boliden AB ADR price movement. The serial correlation of -0.44 indicates that just about 44.0% of current Boliden AB price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.44 | |
| Spearman Rank Test | -0.48 | |
| Residual Average | 0.0 | |
| Price Variance | 0.54 |
Boliden AB ADR lagged returns against current returns
Autocorrelation, which is Boliden AB pink sheet'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 Boliden AB's pink sheet expected returns. We can calculate the autocorrelation of Boliden AB returns to help us make a trade decision. For example, suppose you find that Boliden AB has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
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Boliden AB 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 Boliden AB pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Boliden AB pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Boliden AB pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Boliden AB Lagged Returns
When evaluating Boliden AB's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Boliden AB pink sheet have on its future price. Boliden AB 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, Boliden AB autocorrelation shows the relationship between Boliden AB pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Boliden AB ADR.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Boliden Pink Sheet Analysis
When running Boliden AB's price analysis, check to measure Boliden AB'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 Boliden AB is operating at the current time. Most of Boliden AB's value examination focuses on studying past and present price action to predict the probability of Boliden AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Boliden AB's price. Additionally, you may evaluate how the addition of Boliden AB to your portfolios can decrease your overall portfolio volatility.