Humble Group (Sweden) Market Value
| HUMBLE Stock | SEK 11.50 0.12 1.05% |
| Symbol | Humble |
Humble 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 Humble 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 Humble Group.
| 01/28/2025 |
| 02/27/2025 |
If you would invest 0.00 in Humble Group on January 28, 2025 and sell it all today you would earn a total of 0.00 from holding Humble Group AB or generate 0.0% return on investment in Humble Group over 30 days. Humble Group is related to or competes with SBB-B, Media, Hexatronic Group, Sinch AB, and Embracer Group. Bayn Group AB develops and markets sugar reduction solutions for the food and beverage companies in Sweden More
Humble 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 Humble 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 Humble Group AB upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.47 | |||
| Information Ratio | 0.0823 | |||
| Maximum Drawdown | 17.6 | |||
| Value At Risk | (3.36) | |||
| Potential Upside | 3.52 |
Humble Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Humble Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Humble Group's standard deviation. In reality, there are many statistical measures that can use Humble Group historical prices to predict the future Humble Group's volatility.| Risk Adjusted Performance | 0.0686 | |||
| Jensen Alpha | 0.1953 | |||
| Total Risk Alpha | 0.2196 | |||
| Sortino Ratio | 0.0826 | |||
| Treynor Ratio | (0.51) |
Humble Group AB Backtested Returns
Humble Group AB holds Efficiency (Sharpe) Ratio of -0.0411, which attests that the entity had a -0.0411 % return per unit of risk over the last 3 months. Humble Group AB exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Humble Group's Risk Adjusted Performance of 0.0686, downside deviation of 2.47, and Market Risk Adjusted Performance of (0.50) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.39, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Humble Group are expected to decrease at a much lower rate. During the bear market, Humble Group is likely to outperform the market. At this point, Humble Group AB has a negative expected return of -0.0818%. Please make sure to check out Humble Group's sortino ratio, skewness, period momentum indicator, as well as the relationship between the potential upside and rate of daily change , to decide if Humble Group AB performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.33 |
Poor reverse predictability
Humble Group AB has poor reverse predictability. Overlapping area represents the amount of predictability between Humble Group time series from 28th of January 2025 to 12th of February 2025 and 12th of February 2025 to 27th of February 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 Humble Group AB price movement. The serial correlation of -0.33 indicates that nearly 33.0% of current Humble Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.33 | |
| Spearman Rank Test | -0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
Humble Group AB lagged returns against current returns
Autocorrelation, which is Humble 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 Humble Group's stock expected returns. We can calculate the autocorrelation of Humble Group returns to help us make a trade decision. For example, suppose you find that Humble 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 |
| Timeline |
Humble 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 Humble Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Humble Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Humble Group stock over time.
Current vs Lagged Prices |
| Timeline |
Humble Group Lagged Returns
When evaluating Humble Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Humble Group stock have on its future price. Humble 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, Humble Group autocorrelation shows the relationship between Humble Group stock current value and its past values and can show if there is a momentum factor associated with investing in Humble Group AB.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Humble Stock
Humble Group financial ratios help investors to determine whether Humble 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 Humble with respect to the benefits of owning Humble Group security.