Bilia AB (Sweden) Market Value
| BILI-A Stock | SEK 136.30 2.30 1.72% |
| Symbol | Bilia |
Bilia 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 Bilia AB'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 Bilia AB.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Bilia AB on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Bilia AB or generate 0.0% return on investment in Bilia AB over 90 days. Bilia AB is related to or competes with Axfood AB, Peab AB, Clas Ohlson, Tele2 AB, and JM AB. Bilia AB engages in the sale and service of cars and transport vehicles More
Bilia 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 Bilia AB'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 Bilia AB upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.28 | |||
| Information Ratio | 0.1151 | |||
| Maximum Drawdown | 16.17 | |||
| Value At Risk | (2.25) | |||
| Potential Upside | 2.3 |
Bilia AB Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bilia AB's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bilia AB's standard deviation. In reality, there are many statistical measures that can use Bilia AB historical prices to predict the future Bilia AB's volatility.| Risk Adjusted Performance | 0.066 | |||
| Jensen Alpha | 0.2104 | |||
| Total Risk Alpha | 0.4074 | |||
| Sortino Ratio | 0.1934 | |||
| Treynor Ratio | 0.2091 |
Bilia AB Backtested Returns
Bilia AB appears to be very steady, given 3 months investment horizon. Bilia AB secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the company had a 0.12 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Bilia AB, which you can use to evaluate the volatility of the firm. Please makes use of Bilia AB's Risk Adjusted Performance of 0.066, mean deviation of 1.26, and Downside Deviation of 1.28 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Bilia AB holds a performance score of 9. The firm shows a Beta (market volatility) of 0.66, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Bilia AB's returns are expected to increase less than the market. However, during the bear market, the loss of holding Bilia AB is expected to be smaller as well. Please check Bilia AB's coefficient of variation, jensen alpha, sortino ratio, as well as the relationship between the standard deviation and total risk alpha , to make a quick decision on whether Bilia AB's price patterns will revert.
Auto-correlation | -0.59 |
Good reverse predictability
Bilia AB has good reverse predictability. Overlapping area represents the amount of predictability between Bilia AB 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 Bilia AB price movement. The serial correlation of -0.59 indicates that roughly 59.0% of current Bilia AB price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.59 | |
| Spearman Rank Test | -0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 41.49 |
Bilia AB lagged returns against current returns
Autocorrelation, which is Bilia AB 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 Bilia AB's stock expected returns. We can calculate the autocorrelation of Bilia AB returns to help us make a trade decision. For example, suppose you find that Bilia AB 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 |
Bilia 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 Bilia AB stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bilia AB stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bilia AB stock over time.
Current vs Lagged Prices |
| Timeline |
Bilia AB Lagged Returns
When evaluating Bilia AB's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bilia AB stock have on its future price. Bilia 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, Bilia AB autocorrelation shows the relationship between Bilia AB stock current value and its past values and can show if there is a momentum factor associated with investing in Bilia AB.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Bilia Stock
Bilia AB financial ratios help investors to determine whether Bilia 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 Bilia with respect to the benefits of owning Bilia AB security.