Getinge AB (Sweden) Market Value
| GETI-B Stock | SEK 223.60 6.30 2.90% |
| Symbol | Getinge |
Getinge 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 Getinge 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 Getinge AB.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Getinge AB on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Getinge AB ser or generate 0.0% return on investment in Getinge AB over 90 days. Getinge AB is related to or competes with AB SKF, Elekta AB, Alfa Laval, Sandvik AB, and Tele2 AB. Getinge AB provides products and solutions for operating rooms, intensive-care units, sterilization departments, and lif... More
Getinge 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 Getinge 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 Getinge AB ser upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.06 | |||
| Information Ratio | 0.3236 | |||
| Maximum Drawdown | 10.76 | |||
| Value At Risk | (1.75) | |||
| Potential Upside | 2.9 |
Getinge AB Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Getinge AB's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Getinge AB's standard deviation. In reality, there are many statistical measures that can use Getinge AB historical prices to predict the future Getinge AB's volatility.| Risk Adjusted Performance | 0.2345 | |||
| Jensen Alpha | 0.4747 | |||
| Total Risk Alpha | 0.6356 | |||
| Sortino Ratio | 0.5072 | |||
| Treynor Ratio | 0.9949 |
Getinge AB ser Backtested Returns
Getinge AB appears to be very steady, given 3 months investment horizon. Getinge AB ser holds Efficiency (Sharpe) Ratio of 0.25, which attests that the entity had a 0.25 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Getinge AB ser, which you can use to evaluate the volatility of the firm. Please utilize Getinge AB's Risk Adjusted Performance of 0.2345, market risk adjusted performance of 1.0, and Downside Deviation of 1.06 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Getinge AB holds a performance score of 19. The company retains a Market Volatility (i.e., Beta) of 0.43, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Getinge AB's returns are expected to increase less than the market. However, during the bear market, the loss of holding Getinge AB is expected to be smaller as well. Please check Getinge AB's treynor ratio, value at risk, and the relationship between the sortino ratio and maximum drawdown , to make a quick decision on whether Getinge AB's current trending patterns will revert.
Auto-correlation | 0.19 |
Very weak predictability
Getinge AB ser has very weak predictability. Overlapping area represents the amount of predictability between Getinge 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 Getinge AB ser price movement. The serial correlation of 0.19 indicates that over 19.0% of current Getinge AB price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.19 | |
| Spearman Rank Test | 0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 11.29 |
Getinge AB ser lagged returns against current returns
Autocorrelation, which is Getinge 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 Getinge AB's stock expected returns. We can calculate the autocorrelation of Getinge AB returns to help us make a trade decision. For example, suppose you find that Getinge 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 |
Getinge 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 Getinge AB stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Getinge AB stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Getinge AB stock over time.
Current vs Lagged Prices |
| Timeline |
Getinge AB Lagged Returns
When evaluating Getinge AB's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Getinge AB stock have on its future price. Getinge 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, Getinge AB autocorrelation shows the relationship between Getinge AB stock current value and its past values and can show if there is a momentum factor associated with investing in Getinge AB ser.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Getinge Stock
Getinge AB financial ratios help investors to determine whether Getinge 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 Getinge with respect to the benefits of owning Getinge AB security.