Holmen AB (Germany) Market Value
| HL9C Stock | EUR 37.06 0.92 2.42% |
| Symbol | Holmen |
Holmen 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 Holmen 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 Holmen AB.
| 02/02/2025 |
| 03/04/2025 |
If you would invest 0.00 in Holmen AB on February 2, 2025 and sell it all today you would earn a total of 0.00 from holding Holmen AB or generate 0.0% return on investment in Holmen AB over 30 days. Holmen AB is related to or competes with Hastings Technology, Sunny Optical, BJs Wholesale, Caseys General, Burlington Stores, Kingdee International, and Computer. Holmen Aktiebolag manufactures and sells papers, paperboards, and wood products worldwide More
Holmen 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 Holmen 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 Holmen AB upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.25 | |||
| Information Ratio | 0.1355 | |||
| Maximum Drawdown | 6.2 | |||
| Value At Risk | (1.94) | |||
| Potential Upside | 1.76 |
Holmen AB Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Holmen AB's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Holmen AB's standard deviation. In reality, there are many statistical measures that can use Holmen AB historical prices to predict the future Holmen AB's volatility.| Risk Adjusted Performance | 0.0586 | |||
| Jensen Alpha | 0.078 | |||
| Total Risk Alpha | 0.2171 | |||
| Sortino Ratio | 0.1321 | |||
| Treynor Ratio | 7.34 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Holmen AB'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.
Holmen AB Backtested Returns
At this point, Holmen AB is very steady. Holmen AB holds Efficiency (Sharpe) Ratio of 0.0458, which attests that the entity had a 0.0458 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Holmen AB, which you can use to evaluate the volatility of the firm. Please check out Holmen AB's Risk Adjusted Performance of 0.0586, market risk adjusted performance of 7.35, and Downside Deviation of 1.25 to validate if the risk estimate we provide is consistent with the expected return of 0.0582%. Holmen AB has a performance score of 3 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.0105, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Holmen AB's returns are expected to increase less than the market. However, during the bear market, the loss of holding Holmen AB is expected to be smaller as well. Holmen AB right now retains a risk of 1.27%. Please check out Holmen AB information ratio, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to decide if Holmen AB will be following its current trending patterns.
Auto-correlation | -0.6 |
Good reverse predictability
Holmen AB has good reverse predictability. Overlapping area represents the amount of predictability between Holmen AB time series from 2nd of February 2025 to 17th of February 2025 and 17th of February 2025 to 4th 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 Holmen AB price movement. The serial correlation of -0.6 indicates that roughly 60.0% of current Holmen AB price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.6 | |
| Spearman Rank Test | -0.57 | |
| Residual Average | 0.0 | |
| Price Variance | 0.18 |
Holmen AB lagged returns against current returns
Autocorrelation, which is Holmen 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 Holmen AB's stock expected returns. We can calculate the autocorrelation of Holmen AB returns to help us make a trade decision. For example, suppose you find that Holmen 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 |
Holmen 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 Holmen AB stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Holmen AB stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Holmen AB stock over time.
Current vs Lagged Prices |
| Timeline |
Holmen AB Lagged Returns
When evaluating Holmen AB's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Holmen AB stock have on its future price. Holmen 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, Holmen AB autocorrelation shows the relationship between Holmen AB stock current value and its past values and can show if there is a momentum factor associated with investing in Holmen AB.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Holmen Stock
Holmen AB financial ratios help investors to determine whether Holmen 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 Holmen with respect to the benefits of owning Holmen AB security.