Intrum Justitia (Sweden) Market Value
| INTRUM Stock | SEK 25.20 0.25 1.00% |
| Symbol | Intrum |
Intrum Justitia '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 Intrum Justitia'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 Intrum Justitia.
| 06/14/2024 |
| 12/11/2024 |
If you would invest 0.00 in Intrum Justitia on June 14, 2024 and sell it all today you would earn a total of 0.00 from holding Intrum Justitia AB or generate 0.0% return on investment in Intrum Justitia over 180 days. Intrum Justitia is related to or competes with Tele2 AB, Castellum, Telia Company, Svenska Handelsbanken, and Axfood AB. Intrum AB , together with its subsidiaries, provides credit management and financial services in Europe and internationa... More
Intrum Justitia 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 Intrum Justitia'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 Intrum Justitia AB upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.28) | |||
| Maximum Drawdown | 24.61 | |||
| Value At Risk | (5.98) | |||
| Potential Upside | 3.69 |
Intrum Justitia Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Intrum Justitia's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Intrum Justitia's standard deviation. In reality, there are many statistical measures that can use Intrum Justitia historical prices to predict the future Intrum Justitia's volatility.| Risk Adjusted Performance | (0.17) | |||
| Jensen Alpha | (1.00) | |||
| Total Risk Alpha | (1.57) | |||
| Treynor Ratio | (2.56) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Intrum Justitia'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.
Intrum Justitia AB Backtested Returns
Intrum Justitia AB holds Efficiency (Sharpe) Ratio of -0.24, which attests that the entity had a -0.24% return per unit of risk over the last 3 months. Intrum Justitia AB exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Intrum Justitia's Market Risk Adjusted Performance of (2.55), standard deviation of 3.85, and Risk Adjusted Performance of (0.17) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.38, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Intrum Justitia's returns are expected to increase less than the market. However, during the bear market, the loss of holding Intrum Justitia is expected to be smaller as well. At this point, Intrum Justitia AB has a negative expected return of -0.91%. Please make sure to check out Intrum Justitia's treynor ratio and daily balance of power , to decide if Intrum Justitia AB performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.71 |
Almost perfect reverse predictability
Intrum Justitia AB has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Intrum Justitia time series from 14th of June 2024 to 12th of September 2024 and 12th of September 2024 to 11th 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 Intrum Justitia AB price movement. The serial correlation of -0.71 indicates that around 71.0% of current Intrum Justitia price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.71 | |
| Spearman Rank Test | -0.68 | |
| Residual Average | 0.0 | |
| Price Variance | 74.87 |
Intrum Justitia AB lagged returns against current returns
Autocorrelation, which is Intrum Justitia 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 Intrum Justitia's stock expected returns. We can calculate the autocorrelation of Intrum Justitia returns to help us make a trade decision. For example, suppose you find that Intrum Justitia 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 |
Intrum Justitia 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 Intrum Justitia stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Intrum Justitia stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Intrum Justitia stock over time.
Current vs Lagged Prices |
| Timeline |
Intrum Justitia Lagged Returns
When evaluating Intrum Justitia's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Intrum Justitia stock have on its future price. Intrum Justitia 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, Intrum Justitia autocorrelation shows the relationship between Intrum Justitia stock current value and its past values and can show if there is a momentum factor associated with investing in Intrum Justitia AB.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Intrum Stock
Intrum Justitia financial ratios help investors to determine whether Intrum 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 Intrum with respect to the benefits of owning Intrum Justitia security.