Niloerngruppen (Sweden) Market Value
| NIL-B Stock | SEK 64.20 0.60 0.94% |
| Symbol | Niloerngruppen |
Niloerngruppen '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 Niloerngruppen'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 Niloerngruppen.
| 12/18/2024 |
| 03/18/2025 |
If you would invest 0.00 in Niloerngruppen on December 18, 2024 and sell it all today you would earn a total of 0.00 from holding Niloerngruppen AB Series or generate 0.0% return on investment in Niloerngruppen over 90 days. Niloerngruppen is related to or competes with EWork Group, Softronic, Bjorn Borg, Novotek AB, and Inwido AB. Nilrngruppen AB produces and sells labels, packaging products, and accessories worldwide More
Niloerngruppen 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 Niloerngruppen'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 Niloerngruppen AB Series upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0204 | |||
| Maximum Drawdown | 9.11 | |||
| Value At Risk | (2.09) | |||
| Potential Upside | 3.39 |
Niloerngruppen Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Niloerngruppen's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Niloerngruppen's standard deviation. In reality, there are many statistical measures that can use Niloerngruppen historical prices to predict the future Niloerngruppen's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | 0.1267 | |||
| Treynor Ratio | (0.19) |
Niloerngruppen AB Series Backtested Returns
Currently, Niloerngruppen AB Series is very steady. Niloerngruppen AB Series has Sharpe Ratio of close to zero, which conveys that the firm had a close to zero % return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Niloerngruppen, which you can use to evaluate the volatility of the firm. Please verify Niloerngruppen's Standard Deviation of 1.62, risk adjusted performance of (0.03), and Mean Deviation of 1.14 to check out if the risk estimate we provide is consistent with the expected return of 0.0086%. The company secures a Beta (Market Risk) of 0.39, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Niloerngruppen's returns are expected to increase less than the market. However, during the bear market, the loss of holding Niloerngruppen is expected to be smaller as well. Niloerngruppen AB Series right now secures a risk of 1.69%. Please verify Niloerngruppen AB Series maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to decide if Niloerngruppen AB Series will be following its current price movements.
Auto-correlation | -0.55 |
Good reverse predictability
Niloerngruppen AB Series has good reverse predictability. Overlapping area represents the amount of predictability between Niloerngruppen 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 Niloerngruppen AB Series price movement. The serial correlation of -0.55 indicates that about 55.0% of current Niloerngruppen price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.55 | |
| Spearman Rank Test | -0.64 | |
| Residual Average | 0.0 | |
| Price Variance | 8.16 |
Niloerngruppen AB Series lagged returns against current returns
Autocorrelation, which is Niloerngruppen 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 Niloerngruppen's stock expected returns. We can calculate the autocorrelation of Niloerngruppen returns to help us make a trade decision. For example, suppose you find that Niloerngruppen 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 |
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Niloerngruppen 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 Niloerngruppen stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Niloerngruppen stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Niloerngruppen stock over time.
Current vs Lagged Prices |
| Timeline |
Niloerngruppen Lagged Returns
When evaluating Niloerngruppen's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Niloerngruppen stock have on its future price. Niloerngruppen 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, Niloerngruppen autocorrelation shows the relationship between Niloerngruppen stock current value and its past values and can show if there is a momentum factor associated with investing in Niloerngruppen AB Series.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Niloerngruppen Stock Analysis
When running Niloerngruppen's price analysis, check to measure Niloerngruppen'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 Niloerngruppen is operating at the current time. Most of Niloerngruppen's value examination focuses on studying past and present price action to predict the probability of Niloerngruppen's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Niloerngruppen's price. Additionally, you may evaluate how the addition of Niloerngruppen to your portfolios can decrease your overall portfolio volatility.