Kontigo Care (Sweden) Market Value
| KONT Stock | SEK 2.42 0.06 2.42% |
| Symbol | Kontigo |
Kontigo Care '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 Kontigo Care'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 Kontigo Care.
| 01/30/2025 |
| 03/01/2025 |
If you would invest 0.00 in Kontigo Care on January 30, 2025 and sell it all today you would earn a total of 0.00 from holding Kontigo Care AB or generate 0.0% return on investment in Kontigo Care over 30 days. Kontigo Care is related to or competes with Mendus AB, Lidds AB, Corline Biomedical, and Clinical Laserthermia. Kontigo Care AB provides health care solutions for addiction treatment in Sweden More
Kontigo Care 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 Kontigo Care'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 Kontigo Care AB upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 16.68 | |||
| Value At Risk | (4.84) | |||
| Potential Upside | 6.72 |
Kontigo Care Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kontigo Care's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kontigo Care's standard deviation. In reality, there are many statistical measures that can use Kontigo Care historical prices to predict the future Kontigo Care's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | 0.0157 | |||
| Treynor Ratio | 0.1808 |
Kontigo Care AB Backtested Returns
Kontigo Care AB has Sharpe Ratio of -0.0179, which conveys that the firm had a -0.0179 % return per unit of risk over the last 3 months. Kontigo Care exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Kontigo Care's Mean Deviation of 2.65, risk adjusted performance of (0.01), and Standard Deviation of 3.51 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.52, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Kontigo Care are expected to decrease at a much lower rate. During the bear market, Kontigo Care is likely to outperform the market. At this point, Kontigo Care AB has a negative expected return of -0.0627%. Please make sure to verify Kontigo Care's total risk alpha, maximum drawdown, skewness, as well as the relationship between the treynor ratio and potential upside , to decide if Kontigo Care AB performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.19 |
Insignificant reverse predictability
Kontigo Care AB has insignificant reverse predictability. Overlapping area represents the amount of predictability between Kontigo Care time series from 30th of January 2025 to 14th of February 2025 and 14th of February 2025 to 1st 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 Kontigo Care AB price movement. The serial correlation of -0.19 indicates that over 19.0% of current Kontigo Care price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.19 | |
| Spearman Rank Test | -0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Kontigo Care AB lagged returns against current returns
Autocorrelation, which is Kontigo Care 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 Kontigo Care's stock expected returns. We can calculate the autocorrelation of Kontigo Care returns to help us make a trade decision. For example, suppose you find that Kontigo Care 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 |
Kontigo Care 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 Kontigo Care stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kontigo Care stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kontigo Care stock over time.
Current vs Lagged Prices |
| Timeline |
Kontigo Care Lagged Returns
When evaluating Kontigo Care's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kontigo Care stock have on its future price. Kontigo Care 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, Kontigo Care autocorrelation shows the relationship between Kontigo Care stock current value and its past values and can show if there is a momentum factor associated with investing in Kontigo Care AB.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Kontigo Stock Analysis
When running Kontigo Care's price analysis, check to measure Kontigo Care's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Kontigo Care is operating at the current time. Most of Kontigo Care's value examination focuses on studying past and present price action to predict the probability of Kontigo Care's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kontigo Care's price. Additionally, you may evaluate how the addition of Kontigo Care to your portfolios can decrease your overall portfolio volatility.