Exsitec Holding (Sweden) Market Value

EXS Stock   138.00  0.50  0.36%   
Exsitec Holding's market value is the price at which a share of Exsitec Holding trades on a public exchange. It measures the collective expectations of Exsitec Holding AB investors about its performance. Exsitec Holding is selling for under 138.00 as of the 23rd of December 2024; that is 0.36 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 138.0.
With this module, you can estimate the performance of a buy and hold strategy of Exsitec Holding AB and determine expected loss or profit from investing in Exsitec Holding over a given investment horizon. Check out Exsitec Holding Correlation, Exsitec Holding Volatility and Exsitec Holding Alpha and Beta module to complement your research on Exsitec Holding.
Symbol

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

Exsitec Holding '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 Exsitec Holding'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 Exsitec Holding.
0.00
04/27/2024
No Change 0.00  0.0 
In 7 months and 28 days
12/23/2024
0.00
If you would invest  0.00  in Exsitec Holding on April 27, 2024 and sell it all today you would earn a total of 0.00 from holding Exsitec Holding AB or generate 0.0% return on investment in Exsitec Holding over 240 days. Exsitec Holding is related to or competes with CAG Group, Know IT, Enea AB, NCAB, and Prevas AB. More

Exsitec Holding 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 Exsitec Holding'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 Exsitec Holding AB upside and downside potential and time the market with a certain degree of confidence.

Exsitec Holding Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Exsitec Holding's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Exsitec Holding's standard deviation. In reality, there are many statistical measures that can use Exsitec Holding historical prices to predict the future Exsitec Holding's volatility.
Hype
Prediction
LowEstimatedHigh
135.88138.00140.12
Details
Intrinsic
Valuation
LowRealHigh
119.32121.44151.80
Details

Exsitec Holding AB Backtested Returns

Exsitec Holding AB secures Sharpe Ratio (or Efficiency) of -0.18, which denotes the company had a -0.18% return per unit of risk over the last 3 months. Exsitec Holding AB exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Exsitec Holding's Mean Deviation of 1.43, variance of 4.6, and Standard Deviation of 2.14 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.37, which means possible diversification benefits within a given portfolio. As returns on the market increase, Exsitec Holding's returns are expected to increase less than the market. However, during the bear market, the loss of holding Exsitec Holding is expected to be smaller as well. At this point, Exsitec Holding AB has a negative expected return of -0.38%. Please make sure to confirm Exsitec Holding's skewness, as well as the relationship between the rate of daily change and price action indicator , to decide if Exsitec Holding AB performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.47  

Modest reverse predictability

Exsitec Holding AB has modest reverse predictability. Overlapping area represents the amount of predictability between Exsitec Holding time series from 27th of April 2024 to 25th of August 2024 and 25th of August 2024 to 23rd of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Exsitec Holding AB price movement. The serial correlation of -0.47 indicates that about 47.0% of current Exsitec Holding price fluctuation can be explain by its past prices.
Correlation Coefficient-0.47
Spearman Rank Test-0.39
Residual Average0.0
Price Variance324.46

Exsitec Holding AB lagged returns against current returns

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

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

Exsitec Holding Lagged Returns

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

Thematic Opportunities

Explore Investment Opportunities

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Additional Tools for Exsitec Stock Analysis

When running Exsitec Holding's price analysis, check to measure Exsitec Holding'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 Exsitec Holding is operating at the current time. Most of Exsitec Holding's value examination focuses on studying past and present price action to predict the probability of Exsitec Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Exsitec Holding's price. Additionally, you may evaluate how the addition of Exsitec Holding to your portfolios can decrease your overall portfolio volatility.