Boliden AB (Sweden) Market Value
| BOL Stock | SEK 360.90 3.80 1.06% |
| 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 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 Boliden AB.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Boliden AB on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Boliden AB or generate 0.0% return on investment in Boliden AB over 90 days. Boliden AB is related to or competes with Sandvik AB, AB SKF, Alfa Laval, AB Electrolux, and SSAB AB. 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 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 Boliden AB upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.8 | |||
| Information Ratio | 0.0961 | |||
| Maximum Drawdown | 16.98 | |||
| Value At Risk | (3.12) | |||
| Potential Upside | 2.66 |
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 | 0.0526 | |||
| Jensen Alpha | 0.1541 | |||
| Total Risk Alpha | 0.4024 | |||
| Sortino Ratio | 0.1232 | |||
| Treynor Ratio | 0.2992 |
Boliden AB Backtested Returns
Boliden AB appears to be very steady, given 3 months investment horizon. Boliden AB secures Sharpe Ratio (or Efficiency) of 0.0901, which signifies that the company had a 0.0901 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Boliden AB, which you can use to evaluate the volatility of the firm. Please makes use of Boliden AB's Mean Deviation of 1.54, risk adjusted performance of 0.0526, and Downside Deviation of 1.8 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 7. The firm shows a Beta (market volatility) of 0.38, which signifies possible diversification benefits within a given portfolio. 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 jensen alpha, potential upside, accumulation distribution, as well as the relationship between the treynor ratio and expected short fall , to make a quick decision on whether Boliden AB's price patterns will revert.
Auto-correlation | 0.54 |
Modest predictability
Boliden AB has modest predictability. Overlapping area represents the amount of predictability between Boliden AB time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 Boliden AB price movement. The serial correlation of 0.54 indicates that about 54.0% of current Boliden AB price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.54 | |
| Spearman Rank Test | 0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 388.36 |
Boliden AB lagged returns against current returns
Autocorrelation, which is Boliden 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 Boliden AB's stock 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 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 |
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 stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Boliden AB stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Boliden AB stock 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 stock 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 stock current value and its past values and can show if there is a momentum factor associated with investing in Boliden AB.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Boliden Stock 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.