Doxa AB (Sweden) Market Value

DOXA Stock  SEK 0.42  0.02  5.00%   
Doxa AB's market value is the price at which a share of Doxa AB trades on a public exchange. It measures the collective expectations of Doxa AB investors about its performance. Doxa AB is selling for under 0.42 as of the 16th of March 2025; that is 5.00 percent increase since the beginning of the trading day. The stock's last reported lowest price was 0.4.
With this module, you can estimate the performance of a buy and hold strategy of Doxa AB and determine expected loss or profit from investing in Doxa AB over a given investment horizon. Check out Doxa AB Correlation, Doxa AB Volatility and Doxa AB Alpha and Beta module to complement your research on Doxa AB.
Symbol

Please note, there is a significant difference between Doxa AB's value and its price as these two are different measures arrived at by different means. Investors typically determine if Doxa AB is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Doxa 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.

Doxa 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 Doxa 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 Doxa AB.
0.00
12/16/2024
No Change 0.00  0.0 
In 3 months and 1 day
03/16/2025
0.00
If you would invest  0.00  in Doxa AB on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Doxa AB or generate 0.0% return on investment in Doxa AB over 90 days. Doxa AB is related to or competes with Mantex AB, Genovis AB, Vestum AB, and Karolinska Development. Doxa AB , a dental company, develops, manufactures, and commercializes bioceramic dental products in Sweden and internat... More

Doxa 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 Doxa 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 Doxa AB upside and downside potential and time the market with a certain degree of confidence.

Doxa AB Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Doxa AB's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Doxa AB's standard deviation. In reality, there are many statistical measures that can use Doxa AB historical prices to predict the future Doxa AB's volatility.
Hype
Prediction
LowEstimatedHigh
0.020.4210.13
Details
Intrinsic
Valuation
LowRealHigh
0.020.4010.11
Details
Naive
Forecast
LowNextHigh
0.010.4810.18
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.390.430.47
Details

Doxa AB Backtested Returns

Currently, Doxa AB is out of control. Doxa AB secures Sharpe Ratio (or Efficiency) of 0.0195, which denotes the company had a 0.0195 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Doxa AB, which you can use to evaluate the volatility of the firm. Please confirm Doxa AB's Coefficient Of Variation of 5126.42, mean deviation of 4.95, and Downside Deviation of 11.14 to check if the risk estimate we provide is consistent with the expected return of 0.19%. Doxa AB has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.79, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Doxa AB are expected to decrease at a much lower rate. During the bear market, Doxa AB is likely to outperform the market. Doxa AB right now shows a risk of 9.71%. Please confirm Doxa AB treynor ratio, value at risk, downside variance, as well as the relationship between the maximum drawdown and potential upside , to decide if Doxa AB will be following its price patterns.

Auto-correlation

    
  0.21  

Weak predictability

Doxa AB has weak predictability. Overlapping area represents the amount of predictability between Doxa 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 Doxa AB price movement. The serial correlation of 0.21 indicates that over 21.0% of current Doxa AB price fluctuation can be explain by its past prices.
Correlation Coefficient0.21
Spearman Rank Test0.31
Residual Average0.0
Price Variance0.0

Doxa AB lagged returns against current returns

Autocorrelation, which is Doxa 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 Doxa AB's stock expected returns. We can calculate the autocorrelation of Doxa AB returns to help us make a trade decision. For example, suppose you find that Doxa 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  

Doxa 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 Doxa AB stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Doxa AB stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Doxa AB stock over time.
   Current vs Lagged Prices   
       Timeline  

Doxa AB Lagged Returns

When evaluating Doxa AB's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Doxa AB stock have on its future price. Doxa 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, Doxa AB autocorrelation shows the relationship between Doxa AB stock current value and its past values and can show if there is a momentum factor associated with investing in Doxa AB.
   Regressed Prices   
       Timeline  

Thematic Opportunities

Explore Investment Opportunities

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Additional Tools for Doxa Stock Analysis

When running Doxa AB's price analysis, check to measure Doxa 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 Doxa AB is operating at the current time. Most of Doxa AB's value examination focuses on studying past and present price action to predict the probability of Doxa 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 Doxa AB's price. Additionally, you may evaluate how the addition of Doxa AB to your portfolios can decrease your overall portfolio volatility.