Camurus AB (Sweden) Market Value
| CAMX Stock | SEK 605.50 20.00 3.42% |
| Symbol | Camurus |
Camurus 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 Camurus 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 Camurus AB.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Camurus AB on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Camurus AB or generate 0.0% return on investment in Camurus AB over 90 days. Camurus AB is related to or competes with BioArctic, Oncopeptides, Hansa Biopharma, and Swedish Orphan. Camurus AB , a pharmaceutical company, develops and commercializes pharmaceuticals for serious and chronic conditions in... More
Camurus 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 Camurus 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 Camurus AB upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.54 | |||
| Information Ratio | 0.1225 | |||
| Maximum Drawdown | 12.33 | |||
| Value At Risk | (3.67) | |||
| Potential Upside | 3.45 |
Camurus AB Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Camurus AB's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Camurus AB's standard deviation. In reality, there are many statistical measures that can use Camurus AB historical prices to predict the future Camurus AB's volatility.| Risk Adjusted Performance | 0.0752 | |||
| Jensen Alpha | 0.2062 | |||
| Total Risk Alpha | 0.4582 | |||
| Sortino Ratio | 0.1104 | |||
| Treynor Ratio | 0.5372 |
Camurus AB Backtested Returns
Currently, Camurus AB is very steady. Camurus AB secures Sharpe Ratio (or Efficiency) of 0.0633, which signifies that the company had a 0.0633 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Camurus AB, which you can use to evaluate the volatility of the firm. Please confirm Camurus AB's Mean Deviation of 1.66, downside deviation of 2.54, and Risk Adjusted Performance of 0.0752 to double-check if the risk estimate we provide is consistent with the expected return of 0.15%. Camurus AB has a performance score of 4 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.32, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Camurus AB's returns are expected to increase less than the market. However, during the bear market, the loss of holding Camurus AB is expected to be smaller as well. Camurus AB right now shows a risk of 2.35%. Please confirm Camurus AB jensen alpha, sortino ratio, and the relationship between the standard deviation and total risk alpha , to decide if Camurus AB will be following its price patterns.
Auto-correlation | 0.18 |
Very weak predictability
Camurus AB has very weak predictability. Overlapping area represents the amount of predictability between Camurus 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 Camurus AB price movement. The serial correlation of 0.18 indicates that over 18.0% of current Camurus AB price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.18 | |
| Spearman Rank Test | 0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 796.89 |
Camurus AB lagged returns against current returns
Autocorrelation, which is Camurus 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 Camurus AB's stock expected returns. We can calculate the autocorrelation of Camurus AB returns to help us make a trade decision. For example, suppose you find that Camurus 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 |
Camurus 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 Camurus AB stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Camurus AB stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Camurus AB stock over time.
Current vs Lagged Prices |
| Timeline |
Camurus AB Lagged Returns
When evaluating Camurus AB's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Camurus AB stock have on its future price. Camurus 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, Camurus AB autocorrelation shows the relationship between Camurus AB stock current value and its past values and can show if there is a momentum factor associated with investing in Camurus AB.
Regressed Prices |
| Timeline |
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Additional Tools for Camurus Stock Analysis
When running Camurus AB's price analysis, check to measure Camurus 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 Camurus AB is operating at the current time. Most of Camurus AB's value examination focuses on studying past and present price action to predict the probability of Camurus 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 Camurus AB's price. Additionally, you may evaluate how the addition of Camurus AB to your portfolios can decrease your overall portfolio volatility.