BE Group (Sweden) Market Value
| BEGR Stock | SEK 44.95 0.80 1.75% |
| Symbol | BEGR |
BE 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 BE 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 BE Group.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in BE Group on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding BE Group AB or generate 0.0% return on investment in BE Group over 90 days. BE Group is related to or competes with Bjorn Borg, BioInvent International, Lindab International, and Clas Ohlson. BE Group AB operates as a trading and service company in steel, stainless steel, and aluminum products in Sweden, Finlan... More
BE 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 BE 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 BE Group AB upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.65 | |||
| Information Ratio | 0.0425 | |||
| Maximum Drawdown | 16.4 | |||
| Value At Risk | (3.65) | |||
| Potential Upside | 4.07 |
BE Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BE Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BE Group's standard deviation. In reality, there are many statistical measures that can use BE Group historical prices to predict the future BE Group's volatility.| Risk Adjusted Performance | 0.0099 | |||
| Jensen Alpha | 0.0239 | |||
| Total Risk Alpha | 0.3204 | |||
| Sortino Ratio | 0.041 | |||
| Treynor Ratio | (0) |
BE Group AB Backtested Returns
Currently, BE Group AB is very steady. BE Group AB retains Efficiency (Sharpe Ratio) of 0.0183, which signifies that the company had a 0.0183 % return per unit of price deviation over the last 3 months. We have found twenty-nine technical indicators for BE Group, which you can use to evaluate the volatility of the firm. Please confirm BE Group's Standard Deviation of 2.56, coefficient of variation of 26282.8, and Market Risk Adjusted Performance of 0.0088 to double-check if the risk estimate we provide is consistent with the expected return of 0.0487%. BE Group has a performance score of 1 on a scale of 0 to 100. The firm owns a Beta (Systematic Risk) of 0.22, which signifies not very significant fluctuations relative to the market. As returns on the market increase, BE Group's returns are expected to increase less than the market. However, during the bear market, the loss of holding BE Group is expected to be smaller as well. BE Group AB today owns a risk of 2.67%. Please confirm BE Group AB semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to decide if BE Group AB will be following its current price history.
Auto-correlation | 0.40 |
Average predictability
BE Group AB has average predictability. Overlapping area represents the amount of predictability between BE Group time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 BE Group AB price movement. The serial correlation of 0.4 indicates that just about 40.0% of current BE Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.4 | |
| Spearman Rank Test | 0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 2.71 |
BE Group AB lagged returns against current returns
Autocorrelation, which is BE 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 BE Group's stock expected returns. We can calculate the autocorrelation of BE Group returns to help us make a trade decision. For example, suppose you find that BE 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 |
BE 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 BE Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BE Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BE Group stock over time.
Current vs Lagged Prices |
| Timeline |
BE Group Lagged Returns
When evaluating BE Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BE Group stock have on its future price. BE 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, BE Group autocorrelation shows the relationship between BE Group stock current value and its past values and can show if there is a momentum factor associated with investing in BE Group AB.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for BEGR Stock Analysis
When running BE Group's price analysis, check to measure BE 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 BE Group is operating at the current time. Most of BE Group's value examination focuses on studying past and present price action to predict the probability of BE 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 BE Group's price. Additionally, you may evaluate how the addition of BE Group to your portfolios can decrease your overall portfolio volatility.