CellaVision (Sweden) Market Value
| CEVI Stock | SEK 184.00 1.00 0.55% |
| Symbol | CellaVision |
CellaVision '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 CellaVision'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 CellaVision.
| 01/28/2025 |
| 02/27/2025 |
If you would invest 0.00 in CellaVision on January 28, 2025 and sell it all today you would earn a total of 0.00 from holding CellaVision AB or generate 0.0% return on investment in CellaVision over 30 days. CellaVision is related to or competes with Vitrolife, Biotage AB, Sectra AB, BioGaia AB, and Mycronic Publ. CellaVision AB develops and sells digital solutions for blood and body fluids analysis in health care services sector in... More
CellaVision 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 CellaVision'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 CellaVision AB upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 13.65 | |||
| Value At Risk | (4.42) | |||
| Potential Upside | 3.74 |
CellaVision Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CellaVision's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CellaVision's standard deviation. In reality, there are many statistical measures that can use CellaVision historical prices to predict the future CellaVision's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.24) | |||
| Total Risk Alpha | (0.22) | |||
| Treynor Ratio | (0.82) |
CellaVision AB Backtested Returns
CellaVision AB secures Sharpe Ratio (or Efficiency) of -0.0988, which signifies that the company had a -0.0988 % return per unit of risk over the last 3 months. CellaVision AB exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm CellaVision's Risk Adjusted Performance of (0.06), standard deviation of 2.62, and Mean Deviation of 1.98 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.29, which signifies not very significant fluctuations relative to the market. As returns on the market increase, CellaVision's returns are expected to increase less than the market. However, during the bear market, the loss of holding CellaVision is expected to be smaller as well. At this point, CellaVision AB has a negative expected return of -0.26%. Please make sure to confirm CellaVision's jensen alpha, treynor ratio, value at risk, as well as the relationship between the total risk alpha and maximum drawdown , to decide if CellaVision AB performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.83 |
Very good predictability
CellaVision AB has very good predictability. Overlapping area represents the amount of predictability between CellaVision time series from 28th of January 2025 to 12th of February 2025 and 12th of February 2025 to 27th of February 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 CellaVision AB price movement. The serial correlation of 0.83 indicates that around 83.0% of current CellaVision price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.83 | |
| Spearman Rank Test | 0.76 | |
| Residual Average | 0.0 | |
| Price Variance | 36.39 |
CellaVision AB lagged returns against current returns
Autocorrelation, which is CellaVision 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 CellaVision's stock expected returns. We can calculate the autocorrelation of CellaVision returns to help us make a trade decision. For example, suppose you find that CellaVision 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 |
CellaVision 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 CellaVision stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CellaVision stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CellaVision stock over time.
Current vs Lagged Prices |
| Timeline |
CellaVision Lagged Returns
When evaluating CellaVision's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CellaVision stock have on its future price. CellaVision 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, CellaVision autocorrelation shows the relationship between CellaVision stock current value and its past values and can show if there is a momentum factor associated with investing in CellaVision AB.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for CellaVision Stock Analysis
When running CellaVision's price analysis, check to measure CellaVision'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 CellaVision is operating at the current time. Most of CellaVision's value examination focuses on studying past and present price action to predict the probability of CellaVision's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CellaVision's price. Additionally, you may evaluate how the addition of CellaVision to your portfolios can decrease your overall portfolio volatility.