Bergman Beving (Sweden) Market Value
| BERG-B Stock | SEK 265.50 8.00 2.93% |
| Symbol | Bergman |
Bergman Beving '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 Bergman Beving'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 Bergman Beving.
| 12/07/2023 |
| 12/01/2024 |
If you would invest 0.00 in Bergman Beving on December 7, 2023 and sell it all today you would earn a total of 0.00 from holding Bergman Beving AB or generate 0.0% return on investment in Bergman Beving over 360 days. Bergman Beving is related to or competes with Lagercrantz Group, Addtech AB, AddLife AB, Bufab Holding, and Indutrade. Bergman Beving AB acquires, develops, and provides brands for the manufacturing and construction sectors More
Bergman Beving 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 Bergman Beving'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 Bergman Beving AB upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 9.59 | |||
| Value At Risk | (3.48) | |||
| Potential Upside | 2.92 |
Bergman Beving Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bergman Beving's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bergman Beving's standard deviation. In reality, there are many statistical measures that can use Bergman Beving historical prices to predict the future Bergman Beving's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.62) | |||
| Treynor Ratio | 0.5081 |
Bergman Beving AB Backtested Returns
Bergman Beving AB secures Sharpe Ratio (or Efficiency) of -0.13, which signifies that the company had a -0.13% return per unit of risk over the last 3 months. Bergman Beving AB exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bergman Beving's Mean Deviation of 1.68, standard deviation of 2.17, and Risk Adjusted Performance of (0.08) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.51, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Bergman Beving are expected to decrease at a much lower rate. During the bear market, Bergman Beving is likely to outperform the market. At this point, Bergman Beving AB has a negative expected return of -0.28%. Please make sure to confirm Bergman Beving's value at risk, skewness, and the relationship between the maximum drawdown and potential upside , to decide if Bergman Beving AB performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.02 |
Very weak reverse predictability
Bergman Beving AB has very weak reverse predictability. Overlapping area represents the amount of predictability between Bergman Beving time series from 7th of December 2023 to 4th of June 2024 and 4th of June 2024 to 1st 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 Bergman Beving AB price movement. The serial correlation of -0.02 indicates that only 2.0% of current Bergman Beving price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.02 | |
| Spearman Rank Test | 0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 199.06 |
Bergman Beving AB lagged returns against current returns
Autocorrelation, which is Bergman Beving 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 Bergman Beving's stock expected returns. We can calculate the autocorrelation of Bergman Beving returns to help us make a trade decision. For example, suppose you find that Bergman Beving 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 |
Bergman Beving 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 Bergman Beving stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bergman Beving stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bergman Beving stock over time.
Current vs Lagged Prices |
| Timeline |
Bergman Beving Lagged Returns
When evaluating Bergman Beving's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bergman Beving stock have on its future price. Bergman Beving 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, Bergman Beving autocorrelation shows the relationship between Bergman Beving stock current value and its past values and can show if there is a momentum factor associated with investing in Bergman Beving AB.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Bergman Stock
Bergman Beving financial ratios help investors to determine whether Bergman 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 Bergman with respect to the benefits of owning Bergman Beving security.