ExpreS2ion Biotech (Sweden) Market Value
| EXPRS2 Stock | SEK 22.80 1.40 5.79% |
| Symbol | ExpreS2ion |
ExpreS2ion Biotech '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 ExpreS2ion Biotech'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 ExpreS2ion Biotech.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in ExpreS2ion Biotech on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding ExpreS2ion Biotech Holding or generate 0.0% return on investment in ExpreS2ion Biotech over 90 days. ExpreS2ion Biotech is related to or competes with Bavarian Nordic, BioPorto, Zaptec AS, and CBrain AS. ExpreS2ion Biotech Holding AB , through its subsidiary, ExpreS2 ion Biotechnologies ApS, develops a platform technology ... More
ExpreS2ion Biotech 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 ExpreS2ion Biotech'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 ExpreS2ion Biotech Holding upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.29 | |||
| Information Ratio | 0.0533 | |||
| Maximum Drawdown | 41.41 | |||
| Value At Risk | (6.82) | |||
| Potential Upside | 8.24 |
ExpreS2ion Biotech Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ExpreS2ion Biotech's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ExpreS2ion Biotech's standard deviation. In reality, there are many statistical measures that can use ExpreS2ion Biotech historical prices to predict the future ExpreS2ion Biotech's volatility.| Risk Adjusted Performance | 0.0407 | |||
| Jensen Alpha | 0.1015 | |||
| Total Risk Alpha | 0.967 | |||
| Sortino Ratio | 0.0608 | |||
| Treynor Ratio | (0.21) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of ExpreS2ion Biotech's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
ExpreS2ion Biotech Backtested Returns
At this point, ExpreS2ion Biotech is not too volatile. ExpreS2ion Biotech secures Sharpe Ratio (or Efficiency) of 0.0417, which denotes the company had a 0.0417 % return per unit of risk over the last 3 months. We have found thirty technical indicators for ExpreS2ion Biotech Holding, which you can use to evaluate the volatility of the firm. Please confirm ExpreS2ion Biotech's Coefficient Of Variation of 2710.14, mean deviation of 4.03, and Downside Deviation of 5.29 to check if the risk estimate we provide is consistent with the expected return of 0.18%. ExpreS2ion Biotech has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -1.02, which means a somewhat significant risk relative to the market. As the market becomes more bullish, returns on owning ExpreS2ion Biotech are expected to decrease slowly. On the other hand, during market turmoil, ExpreS2ion Biotech is expected to outperform it slightly. ExpreS2ion Biotech right now shows a risk of 4.31%. Please confirm ExpreS2ion Biotech value at risk, as well as the relationship between the kurtosis and market facilitation index , to decide if ExpreS2ion Biotech will be following its price patterns.
Auto-correlation | -0.81 |
Excellent reverse predictability
ExpreS2ion Biotech Holding has excellent reverse predictability. Overlapping area represents the amount of predictability between ExpreS2ion Biotech 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 ExpreS2ion Biotech price movement. The serial correlation of -0.81 indicates that around 81.0% of current ExpreS2ion Biotech price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.81 | |
| Spearman Rank Test | -0.57 | |
| Residual Average | 0.0 | |
| Price Variance | 2.54 |
ExpreS2ion Biotech lagged returns against current returns
Autocorrelation, which is ExpreS2ion Biotech 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 ExpreS2ion Biotech's stock expected returns. We can calculate the autocorrelation of ExpreS2ion Biotech returns to help us make a trade decision. For example, suppose you find that ExpreS2ion Biotech 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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ExpreS2ion Biotech 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 ExpreS2ion Biotech stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ExpreS2ion Biotech stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ExpreS2ion Biotech stock over time.
Current vs Lagged Prices |
| Timeline |
ExpreS2ion Biotech Lagged Returns
When evaluating ExpreS2ion Biotech's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ExpreS2ion Biotech stock have on its future price. ExpreS2ion Biotech 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, ExpreS2ion Biotech autocorrelation shows the relationship between ExpreS2ion Biotech stock current value and its past values and can show if there is a momentum factor associated with investing in ExpreS2ion Biotech Holding.
Regressed Prices |
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Other Information on Investing in ExpreS2ion Stock
ExpreS2ion Biotech financial ratios help investors to determine whether ExpreS2ion 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 ExpreS2ion with respect to the benefits of owning ExpreS2ion Biotech security.