Flexion Mobile (Sweden) Market Value
| FLEXM Stock | SEK 7.50 0.02 0.27% |
| Symbol | Flexion |
Flexion Mobile '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 Flexion Mobile'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 Flexion Mobile.
| 11/23/2024 |
| 12/23/2024 |
If you would invest 0.00 in Flexion Mobile on November 23, 2024 and sell it all today you would earn a total of 0.00 from holding Flexion Mobile PLC or generate 0.0% return on investment in Flexion Mobile over 30 days. Flexion Mobile is related to or competes with SBB-B, Sinch AB, Zaptec AS, and Evolution. Flexion Mobile Plc operates a distribution platform for third party free-to-play games on the Android market worldwide More
Flexion Mobile 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 Flexion Mobile'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 Flexion Mobile PLC upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 13.3 | |||
| Value At Risk | (3.59) | |||
| Potential Upside | 3.76 |
Flexion Mobile Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Flexion Mobile's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Flexion Mobile's standard deviation. In reality, there are many statistical measures that can use Flexion Mobile historical prices to predict the future Flexion Mobile's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.16) | |||
| Treynor Ratio | 1.02 |
Flexion Mobile PLC Backtested Returns
Flexion Mobile PLC secures Sharpe Ratio (or Efficiency) of -0.0161, which denotes the company had a -0.0161% return per unit of risk over the last 3 months. Flexion Mobile PLC exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Flexion Mobile's Standard Deviation of 2.35, variance of 5.5, and Mean Deviation of 1.67 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.0904, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Flexion Mobile are expected to decrease at a much lower rate. During the bear market, Flexion Mobile is likely to outperform the market. At this point, Flexion Mobile PLC has a negative expected return of -0.0376%. Please make sure to confirm Flexion Mobile's treynor ratio, as well as the relationship between the kurtosis and day typical price , to decide if Flexion Mobile PLC performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.22 |
Weak predictability
Flexion Mobile PLC has weak predictability. Overlapping area represents the amount of predictability between Flexion Mobile time series from 23rd of November 2024 to 8th of December 2024 and 8th of December 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 Flexion Mobile PLC price movement. The serial correlation of 0.22 indicates that over 22.0% of current Flexion Mobile price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.22 | |
| Spearman Rank Test | 0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Flexion Mobile PLC lagged returns against current returns
Autocorrelation, which is Flexion Mobile 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 Flexion Mobile's stock expected returns. We can calculate the autocorrelation of Flexion Mobile returns to help us make a trade decision. For example, suppose you find that Flexion Mobile 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 |
Flexion Mobile 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 Flexion Mobile stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Flexion Mobile stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Flexion Mobile stock over time.
Current vs Lagged Prices |
| Timeline |
Flexion Mobile Lagged Returns
When evaluating Flexion Mobile's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Flexion Mobile stock have on its future price. Flexion Mobile 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, Flexion Mobile autocorrelation shows the relationship between Flexion Mobile stock current value and its past values and can show if there is a momentum factor associated with investing in Flexion Mobile PLC.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Flexion Stock Analysis
When running Flexion Mobile's price analysis, check to measure Flexion Mobile'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 Flexion Mobile is operating at the current time. Most of Flexion Mobile's value examination focuses on studying past and present price action to predict the probability of Flexion Mobile's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Flexion Mobile's price. Additionally, you may evaluate how the addition of Flexion Mobile to your portfolios can decrease your overall portfolio volatility.