Micro Systemation (Sweden) Market Value
| MSAB-B Stock | SEK 50.40 0.60 1.18% |
| Symbol | Micro |
Micro Systemation '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 Micro Systemation'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 Micro Systemation.
| 11/02/2024 |
| 12/02/2024 |
If you would invest 0.00 in Micro Systemation on November 2, 2024 and sell it all today you would earn a total of 0.00 from holding Micro Systemation AB or generate 0.0% return on investment in Micro Systemation over 30 days. Micro Systemation is related to or competes with Novotek AB, FormPipe Software, Softronic, Prevas AB, and Enea AB. Micro Systemation AB provides forensic technology for mobile device examination worldwide More
Micro Systemation 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 Micro Systemation'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 Micro Systemation AB upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.84 | |||
| Information Ratio | 0.0167 | |||
| Maximum Drawdown | 13.54 | |||
| Value At Risk | (3.03) | |||
| Potential Upside | 4.2 |
Micro Systemation Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Micro Systemation's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Micro Systemation's standard deviation. In reality, there are many statistical measures that can use Micro Systemation historical prices to predict the future Micro Systemation's volatility.| Risk Adjusted Performance | 0.0632 | |||
| Jensen Alpha | 0.1966 | |||
| Total Risk Alpha | (0.24) | |||
| Sortino Ratio | 0.0219 | |||
| Treynor Ratio | (0.75) |
Micro Systemation Backtested Returns
Micro Systemation appears to be very steady, given 3 months investment horizon. Micro Systemation has Sharpe Ratio of 0.12, which conveys that the firm had a 0.12% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Micro Systemation, which you can use to evaluate the volatility of the firm. Please exercise Micro Systemation's Downside Deviation of 1.84, risk adjusted performance of 0.0632, and Mean Deviation of 1.75 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Micro Systemation holds a performance score of 9. The company secures a Beta (Market Risk) of -0.22, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Micro Systemation are expected to decrease at a much lower rate. During the bear market, Micro Systemation is likely to outperform the market. Please check Micro Systemation's coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to make a quick decision on whether Micro Systemation's current price movements will revert.
Auto-correlation | -0.74 |
Almost perfect reverse predictability
Micro Systemation AB has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Micro Systemation time series from 2nd of November 2024 to 17th of November 2024 and 17th of November 2024 to 2nd 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 Micro Systemation price movement. The serial correlation of -0.74 indicates that around 74.0% of current Micro Systemation price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.74 | |
| Spearman Rank Test | -0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 1.17 |
Micro Systemation lagged returns against current returns
Autocorrelation, which is Micro Systemation 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 Micro Systemation's stock expected returns. We can calculate the autocorrelation of Micro Systemation returns to help us make a trade decision. For example, suppose you find that Micro Systemation 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 |
Micro Systemation 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 Micro Systemation stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Micro Systemation stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Micro Systemation stock over time.
Current vs Lagged Prices |
| Timeline |
Micro Systemation Lagged Returns
When evaluating Micro Systemation's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Micro Systemation stock have on its future price. Micro Systemation 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, Micro Systemation autocorrelation shows the relationship between Micro Systemation stock current value and its past values and can show if there is a momentum factor associated with investing in Micro Systemation AB.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Micro Stock
Micro Systemation financial ratios help investors to determine whether Micro 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 Micro with respect to the benefits of owning Micro Systemation security.