Loomis AB (Sweden) Market Value
| LOOMIS Stock | SEK 403.20 0.60 0.15% |
| Symbol | Loomis |
Loomis 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 Loomis 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 Loomis AB.
| 12/18/2024 |
| 03/18/2025 |
If you would invest 0.00 in Loomis AB on December 18, 2024 and sell it all today you would earn a total of 0.00 from holding Loomis AB ser or generate 0.0% return on investment in Loomis AB over 90 days. Loomis AB is related to or competes with Securitas, Intrum Justitia, Dometic Group, HEXPOL AB, and Trelleborg. Loomis AB provides solutions for the distribution, handling, storage, and recycling of cash and other valuables in Swede... More
Loomis 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 Loomis 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 Loomis AB ser upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.36 | |||
| Information Ratio | 0.1626 | |||
| Maximum Drawdown | 16.12 | |||
| Value At Risk | (2.03) | |||
| Potential Upside | 1.68 |
Loomis AB Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Loomis AB's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Loomis AB's standard deviation. In reality, there are many statistical measures that can use Loomis AB historical prices to predict the future Loomis AB's volatility.| Risk Adjusted Performance | 0.1118 | |||
| Jensen Alpha | 0.2585 | |||
| Total Risk Alpha | 0.427 | |||
| Sortino Ratio | 0.2334 | |||
| Treynor Ratio | 0.6223 |
Loomis AB ser Backtested Returns
Loomis AB appears to be very steady, given 3 months investment horizon. Loomis AB ser has Sharpe Ratio of 0.14, which conveys that the firm had a 0.14 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Loomis AB, which you can use to evaluate the volatility of the firm. Please exercise Loomis AB's Mean Deviation of 1.09, risk adjusted performance of 0.1118, and Downside Deviation of 1.36 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Loomis AB holds a performance score of 11. The company secures a Beta (Market Risk) of 0.36, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Loomis AB's returns are expected to increase less than the market. However, during the bear market, the loss of holding Loomis AB is expected to be smaller as well. Please check Loomis AB's expected short fall, and the relationship between the maximum drawdown and rate of daily change , to make a quick decision on whether Loomis AB's current price movements will revert.
Auto-correlation | -0.43 |
Modest reverse predictability
Loomis AB ser has modest reverse predictability. Overlapping area represents the amount of predictability between Loomis AB time series from 18th of December 2024 to 1st of February 2025 and 1st of February 2025 to 18th 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 Loomis AB ser price movement. The serial correlation of -0.43 indicates that just about 43.0% of current Loomis AB price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.43 | |
| Spearman Rank Test | 0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 239.19 |
Loomis AB ser lagged returns against current returns
Autocorrelation, which is Loomis 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 Loomis AB's stock expected returns. We can calculate the autocorrelation of Loomis AB returns to help us make a trade decision. For example, suppose you find that Loomis 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 |
Loomis 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 Loomis AB stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Loomis AB stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Loomis AB stock over time.
Current vs Lagged Prices |
| Timeline |
Loomis AB Lagged Returns
When evaluating Loomis AB's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Loomis AB stock have on its future price. Loomis 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, Loomis AB autocorrelation shows the relationship between Loomis AB stock current value and its past values and can show if there is a momentum factor associated with investing in Loomis AB ser.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Loomis Stock
Loomis AB financial ratios help investors to determine whether Loomis 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 Loomis with respect to the benefits of owning Loomis AB security.