Boliden AB (Sweden) Market Value

BOL Stock  SEK 360.90  3.80  1.06%   
Boliden AB's market value is the price at which a share of Boliden AB trades on a public exchange. It measures the collective expectations of Boliden AB investors about its performance. Boliden AB is selling for under 360.90 as of the 16th of March 2025; that is 1.06 percent increase since the beginning of the trading day. The stock's last reported lowest price was 358.0.
With this module, you can estimate the performance of a buy and hold strategy of Boliden AB and determine expected loss or profit from investing in Boliden AB over a given investment horizon. Check out Boliden AB Correlation, Boliden AB Volatility and Boliden AB Alpha and Beta module to complement your research on Boliden AB.
Symbol

Please note, there is a significant difference between Boliden AB's value and its price as these two are different measures arrived at by different means. Investors typically determine if Boliden AB is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Boliden AB's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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.
0.00
12/16/2024
No Change 0.00  0.0 
In 2 months and 31 days
03/16/2025
0.00
If you would invest  0.00  in Boliden AB on December 16, 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.

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.
Hype
Prediction
LowEstimatedHigh
358.56360.90363.24
Details
Intrinsic
Valuation
LowRealHigh
324.81382.02384.36
Details
Naive
Forecast
LowNextHigh
343.09345.43347.77
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
311.07353.73396.39
Details

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, downside deviation of 1.8, and Risk Adjusted Performance of 0.0526 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

    
  0.42  

Average predictability

Boliden AB has average predictability. Overlapping area represents the amount of predictability between Boliden AB time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th 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 0.42 indicates that just about 42.0% of current Boliden AB price fluctuation can be explain by its past prices.
Correlation Coefficient0.42
Spearman Rank Test0.17
Residual Average0.0
Price Variance333.62

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

Explore Investment 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.