KebNi AB (Sweden) Market Value
| KEBNI-B Stock | SEK 1.08 0.01 0.92% |
| Symbol | KebNi |
KebNi 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 KebNi 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 KebNi AB.
| 01/05/2023 |
| 12/25/2024 |
If you would invest 0.00 in KebNi AB on January 5, 2023 and sell it all today you would earn a total of 0.00 from holding KebNi AB or generate 0.0% return on investment in KebNi AB over 720 days. KebNi AB is related to or competes with AB Volvo, Investor, Industrivarden, and Atlas Copco. KebNi AB develops, manufactures, markets, and sells 4-axes stabilizing VSAT antennas for maritime applications under the... More
KebNi 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 KebNi 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 KebNi AB upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.22 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 21.8 | |||
| Value At Risk | (4.42) | |||
| Potential Upside | 5.43 |
KebNi AB Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for KebNi AB's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as KebNi AB's standard deviation. In reality, there are many statistical measures that can use KebNi AB historical prices to predict the future KebNi AB's volatility.| Risk Adjusted Performance | 0.0108 | |||
| Jensen Alpha | 0.009 | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.02) |
KebNi AB Backtested Returns
KebNi AB has Sharpe Ratio of -0.0392, which conveys that the firm had a -0.0392% return per unit of risk over the last 3 months. KebNi AB exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify KebNi AB's Downside Deviation of 3.22, risk adjusted performance of 0.0108, and Mean Deviation of 2.76 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.15, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning KebNi AB are expected to decrease at a much lower rate. During the bear market, KebNi AB is likely to outperform the market. At this point, KebNi AB has a negative expected return of -0.14%. Please make sure to verify KebNi AB's potential upside, rate of daily change, and the relationship between the sortino ratio and skewness , to decide if KebNi AB performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.29 |
Poor predictability
KebNi AB has poor predictability. Overlapping area represents the amount of predictability between KebNi AB time series from 5th of January 2023 to 31st of December 2023 and 31st of December 2023 to 25th 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 KebNi AB price movement. The serial correlation of 0.29 indicates that nearly 29.0% of current KebNi AB price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.29 | |
| Spearman Rank Test | -0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
KebNi AB lagged returns against current returns
Autocorrelation, which is KebNi 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 KebNi AB's stock expected returns. We can calculate the autocorrelation of KebNi AB returns to help us make a trade decision. For example, suppose you find that KebNi 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 |
KebNi 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 KebNi AB stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if KebNi AB stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in KebNi AB stock over time.
Current vs Lagged Prices |
| Timeline |
KebNi AB Lagged Returns
When evaluating KebNi AB's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of KebNi AB stock have on its future price. KebNi 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, KebNi AB autocorrelation shows the relationship between KebNi AB stock current value and its past values and can show if there is a momentum factor associated with investing in KebNi AB.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in KebNi Stock
KebNi AB financial ratios help investors to determine whether KebNi 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 KebNi with respect to the benefits of owning KebNi AB security.