C Rad (Sweden) Market Value
| CRAD-B Stock | SEK 29.95 0.85 2.92% |
| Symbol | CRAD-B |
C Rad '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 C Rad'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 C Rad.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in C Rad on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding C Rad AB or generate 0.0% return on investment in C Rad over 90 days. C Rad is related to or competes with CellaVision, Biotage AB, Boule Diagnostics, RaySearch Laboratories, and Bonesupport Holding. C-Rad AB , together with its subsidiaries, develops, manufactures, and sells systems with applications in radiation ther... More
C Rad 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 C Rad'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 C Rad AB upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.88 | |||
| Information Ratio | 0.0708 | |||
| Maximum Drawdown | 9.35 | |||
| Value At Risk | (2.76) | |||
| Potential Upside | 2.92 |
C Rad Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for C Rad's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as C Rad's standard deviation. In reality, there are many statistical measures that can use C Rad historical prices to predict the future C Rad's volatility.| Risk Adjusted Performance | 0.0204 | |||
| Jensen Alpha | 0.091 | |||
| Total Risk Alpha | 0.2541 | |||
| Sortino Ratio | 0.0697 | |||
| Treynor Ratio | 0.035 |
C Rad AB Backtested Returns
At this point, C Rad is very steady. C Rad AB secures Sharpe Ratio (or Efficiency) of close to zero, which signifies that the company had a close to zero % return per unit of risk over the last 3 months. We have found thirty technical indicators for C Rad AB, which you can use to evaluate the volatility of the entity. Please confirm C Rad's Coefficient Of Variation of 5763.64, mean deviation of 1.48, and Semi Deviation of 1.84 to double-check if the risk estimate we provide is consistent with the expected return of 0.0172%. The firm shows a Beta (market volatility) of 0.63, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, C Rad's returns are expected to increase less than the market. However, during the bear market, the loss of holding C Rad is expected to be smaller as well. C Rad AB today shows a risk of 1.87%. Please confirm C Rad AB jensen alpha, sortino ratio, maximum drawdown, as well as the relationship between the total risk alpha and treynor ratio , to decide if C Rad AB will be following its price patterns.
Auto-correlation | -0.59 |
Good reverse predictability
C Rad AB has good reverse predictability. Overlapping area represents the amount of predictability between C Rad time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 C Rad AB price movement. The serial correlation of -0.59 indicates that roughly 59.0% of current C Rad price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.59 | |
| Spearman Rank Test | -0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 0.53 |
C Rad AB lagged returns against current returns
Autocorrelation, which is C Rad 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 C Rad's stock expected returns. We can calculate the autocorrelation of C Rad returns to help us make a trade decision. For example, suppose you find that C Rad 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 |
C Rad 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 C Rad stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if C Rad stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in C Rad stock over time.
Current vs Lagged Prices |
| Timeline |
C Rad Lagged Returns
When evaluating C Rad's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of C Rad stock have on its future price. C Rad 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, C Rad autocorrelation shows the relationship between C Rad stock current value and its past values and can show if there is a momentum factor associated with investing in C Rad AB.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in CRAD-B Stock
C Rad financial ratios help investors to determine whether CRAD-B Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in CRAD-B with respect to the benefits of owning C Rad security.