Fasadgruppen Group (Sweden) Market Value
| FG Stock | SEK 21.10 0.30 1.44% |
| Symbol | Fasadgruppen |
Fasadgruppen Group '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 Fasadgruppen Group'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 Fasadgruppen Group.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Fasadgruppen Group on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Fasadgruppen Group AB or generate 0.0% return on investment in Fasadgruppen Group over 90 days. Fasadgruppen Group is related to or competes with Green Landscaping, Volati AB, Instalco Intressenter, Sdiptech, and Lifco AB. Fasadgruppen Group AB operates as a full-service provider of facades in Sweden and Nordic region More
Fasadgruppen Group 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 Fasadgruppen Group'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 Fasadgruppen Group AB upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 42.54 | |||
| Value At Risk | (6.13) | |||
| Potential Upside | 3.84 |
Fasadgruppen Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fasadgruppen Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fasadgruppen Group's standard deviation. In reality, there are many statistical measures that can use Fasadgruppen Group historical prices to predict the future Fasadgruppen Group's volatility.| Risk Adjusted Performance | (0.14) | |||
| Jensen Alpha | (0.97) | |||
| Total Risk Alpha | (0.24) | |||
| Treynor Ratio | 1.38 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Fasadgruppen Group'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.
Fasadgruppen Group Backtested Returns
Fasadgruppen Group secures Sharpe Ratio (or Efficiency) of -0.2, which denotes the company had a -0.2 % return per unit of risk over the last 3 months. Fasadgruppen Group AB exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Fasadgruppen Group's Mean Deviation of 2.67, variance of 27.82, and Standard Deviation of 5.27 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.65, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Fasadgruppen Group are expected to decrease at a much lower rate. During the bear market, Fasadgruppen Group is likely to outperform the market. At this point, Fasadgruppen Group has a negative expected return of -1.1%. Please make sure to confirm Fasadgruppen Group's treynor ratio, kurtosis, as well as the relationship between the Kurtosis and day typical price , to decide if Fasadgruppen Group performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.92 |
Excellent predictability
Fasadgruppen Group AB has excellent predictability. Overlapping area represents the amount of predictability between Fasadgruppen Group time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 Fasadgruppen Group price movement. The serial correlation of 0.92 indicates that approximately 92.0% of current Fasadgruppen Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.92 | |
| Spearman Rank Test | 0.79 | |
| Residual Average | 0.0 | |
| Price Variance | 88.75 |
Fasadgruppen Group lagged returns against current returns
Autocorrelation, which is Fasadgruppen Group 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 Fasadgruppen Group's stock expected returns. We can calculate the autocorrelation of Fasadgruppen Group returns to help us make a trade decision. For example, suppose you find that Fasadgruppen Group 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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Fasadgruppen Group 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 Fasadgruppen Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fasadgruppen Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fasadgruppen Group stock over time.
Current vs Lagged Prices |
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Fasadgruppen Group Lagged Returns
When evaluating Fasadgruppen Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fasadgruppen Group stock have on its future price. Fasadgruppen Group 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, Fasadgruppen Group autocorrelation shows the relationship between Fasadgruppen Group stock current value and its past values and can show if there is a momentum factor associated with investing in Fasadgruppen Group AB.
Regressed Prices |
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Thematic Opportunities
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Additional Tools for Fasadgruppen Stock Analysis
When running Fasadgruppen Group's price analysis, check to measure Fasadgruppen Group'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 Fasadgruppen Group is operating at the current time. Most of Fasadgruppen Group's value examination focuses on studying past and present price action to predict the probability of Fasadgruppen Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fasadgruppen Group's price. Additionally, you may evaluate how the addition of Fasadgruppen Group to your portfolios can decrease your overall portfolio volatility.