IZafe Group (Sweden) Market Value

IZAFE-B Stock  SEK 0.24  0.02  9.09%   
IZafe Group's market value is the price at which a share of IZafe Group trades on a public exchange. It measures the collective expectations of iZafe Group AB investors about its performance. IZafe Group is trading at 0.24 as of the 4th of December 2024, a 9.09 percent increase since the beginning of the trading day. The stock's open price was 0.22.
With this module, you can estimate the performance of a buy and hold strategy of iZafe Group AB and determine expected loss or profit from investing in IZafe Group over a given investment horizon. Check out IZafe Group Correlation, IZafe Group Volatility and IZafe Group Alpha and Beta module to complement your research on IZafe Group.
Symbol

Please note, there is a significant difference between IZafe Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if IZafe Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IZafe Group's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

IZafe 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 IZafe 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 IZafe Group.
0.00
11/04/2024
No Change 0.00  0.0 
In 31 days
12/04/2024
0.00
If you would invest  0.00  in IZafe Group on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding iZafe Group AB or generate 0.0% return on investment in IZafe Group over 30 days. IZafe Group is related to or competes with Sprint Bioscience, Acarix AS, Annexin Pharmaceuticals, KABE Group, IAR Systems, Mekonomen, and Embellence Group. iZafe Group AB , a medical technology company, researches, develops, and markets medical products for medication and dru... More

IZafe 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 IZafe 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 iZafe Group AB upside and downside potential and time the market with a certain degree of confidence.

IZafe Group Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for IZafe Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IZafe Group's standard deviation. In reality, there are many statistical measures that can use IZafe Group historical prices to predict the future IZafe Group's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of IZafe Group'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.
Hype
Prediction
LowEstimatedHigh
0.010.225.43
Details
Intrinsic
Valuation
LowRealHigh
0.010.185.39
Details
Naive
Forecast
LowNextHigh
00.245.45
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.200.210.22
Details

iZafe Group AB Backtested Returns

IZafe Group appears to be out of control, given 3 months investment horizon. iZafe Group AB holds Efficiency (Sharpe) Ratio of 0.039, which attests that the entity had a 0.039% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for iZafe Group AB, which you can use to evaluate the volatility of the firm. Please utilize IZafe Group's Risk Adjusted Performance of 0.0278, downside deviation of 6.19, and Market Risk Adjusted Performance of 0.9801 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, IZafe Group holds a performance score of 3. The company retains a Market Volatility (i.e., Beta) of 0.13, which attests to not very significant fluctuations relative to the market. As returns on the market increase, IZafe Group's returns are expected to increase less than the market. However, during the bear market, the loss of holding IZafe Group is expected to be smaller as well. Please check IZafe Group's treynor ratio, expected short fall, and the relationship between the jensen alpha and potential upside , to make a quick decision on whether IZafe Group's current trending patterns will revert.

Auto-correlation

    
  -0.41  

Modest reverse predictability

iZafe Group AB has modest reverse predictability. Overlapping area represents the amount of predictability between IZafe Group time series from 4th of November 2024 to 19th of November 2024 and 19th of November 2024 to 4th 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 iZafe Group AB price movement. The serial correlation of -0.41 indicates that just about 41.0% of current IZafe Group price fluctuation can be explain by its past prices.
Correlation Coefficient-0.41
Spearman Rank Test-0.6
Residual Average0.0
Price Variance0.0

iZafe Group AB lagged returns against current returns

Autocorrelation, which is IZafe 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 IZafe Group's stock expected returns. We can calculate the autocorrelation of IZafe Group returns to help us make a trade decision. For example, suppose you find that IZafe 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  

IZafe 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 IZafe Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IZafe Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IZafe Group stock over time.
   Current vs Lagged Prices   
       Timeline  

IZafe Group Lagged Returns

When evaluating IZafe Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IZafe Group stock have on its future price. IZafe 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, IZafe Group autocorrelation shows the relationship between IZafe Group stock current value and its past values and can show if there is a momentum factor associated with investing in iZafe Group AB.
   Regressed Prices   
       Timeline  

Thematic Opportunities

Explore Investment Opportunities

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Other Information on Investing in IZafe Stock

IZafe Group financial ratios help investors to determine whether IZafe 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 IZafe with respect to the benefits of owning IZafe Group security.