Bjorn Borg (Sweden) Market Value
| BORG Stock | SEK 53.30 0.89 1.70% |
| Symbol | Bjorn |
Bjorn Borg '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 Bjorn Borg'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 Bjorn Borg.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Bjorn Borg on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Bjorn Borg AB or generate 0.0% return on investment in Bjorn Borg over 90 days. Bjorn Borg is related to or competes with New Wave, Clas Ohlson, BE Group, Betsson AB, and Dedicare. Bjrn Borg AB , together with its subsidiaries, engages in the design, development, production, wholesale, and retail of ... More
Bjorn Borg 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 Bjorn Borg'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 Bjorn Borg AB upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.56 | |||
| Information Ratio | 0.0985 | |||
| Maximum Drawdown | 7.67 | |||
| Value At Risk | (2.29) | |||
| Potential Upside | 2.88 |
Bjorn Borg Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bjorn Borg's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bjorn Borg's standard deviation. In reality, there are many statistical measures that can use Bjorn Borg historical prices to predict the future Bjorn Borg's volatility.| Risk Adjusted Performance | 0.04 | |||
| Jensen Alpha | 0.049 | |||
| Total Risk Alpha | 0.2716 | |||
| Sortino Ratio | 0.1071 | |||
| Treynor Ratio | (0.67) |
Bjorn Borg AB Backtested Returns
Currently, Bjorn Borg AB is very steady. Bjorn Borg AB secures Sharpe Ratio (or Efficiency) of 0.0403, which signifies that the company had a 0.0403 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Bjorn Borg AB, which you can use to evaluate the volatility of the firm. Please confirm Bjorn Borg's Risk Adjusted Performance of 0.04, downside deviation of 1.56, and Mean Deviation of 1.34 to double-check if the risk estimate we provide is consistent with the expected return of 0.0685%. Bjorn Borg has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.0871, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Bjorn Borg are expected to decrease at a much lower rate. During the bear market, Bjorn Borg is likely to outperform the market. Bjorn Borg AB right now shows a risk of 1.7%. Please confirm Bjorn Borg AB standard deviation, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to decide if Bjorn Borg AB will be following its price patterns.
Auto-correlation | -0.21 |
Weak reverse predictability
Bjorn Borg AB has weak reverse predictability. Overlapping area represents the amount of predictability between Bjorn Borg 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 Bjorn Borg AB price movement. The serial correlation of -0.21 indicates that over 21.0% of current Bjorn Borg price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.21 | |
| Spearman Rank Test | -0.32 | |
| Residual Average | 0.0 | |
| Price Variance | 3.38 |
Bjorn Borg AB lagged returns against current returns
Autocorrelation, which is Bjorn Borg 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 Bjorn Borg's stock expected returns. We can calculate the autocorrelation of Bjorn Borg returns to help us make a trade decision. For example, suppose you find that Bjorn Borg 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 |
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Bjorn Borg 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 Bjorn Borg stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bjorn Borg stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bjorn Borg stock over time.
Current vs Lagged Prices |
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Bjorn Borg Lagged Returns
When evaluating Bjorn Borg's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bjorn Borg stock have on its future price. Bjorn Borg 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, Bjorn Borg autocorrelation shows the relationship between Bjorn Borg stock current value and its past values and can show if there is a momentum factor associated with investing in Bjorn Borg AB.
Regressed Prices |
| Timeline |
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Additional Tools for Bjorn Stock Analysis
When running Bjorn Borg's price analysis, check to measure Bjorn Borg'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 Bjorn Borg is operating at the current time. Most of Bjorn Borg's value examination focuses on studying past and present price action to predict the probability of Bjorn Borg's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bjorn Borg's price. Additionally, you may evaluate how the addition of Bjorn Borg to your portfolios can decrease your overall portfolio volatility.