Nederman Holding (Sweden) Market Value
| NMAN Stock | SEK 213.50 3.00 1.39% |
| Symbol | Nederman |
Nederman Holding '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 Nederman Holding'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 Nederman Holding.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Nederman Holding on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Nederman Holding AB or generate 0.0% return on investment in Nederman Holding over 90 days. Nederman Holding is related to or competes with Fagerhult, Lindab International, Inwido AB, OEM International, and Nolato AB. Nederman Holding AB operates as an environmental technology company in North and South America, Europe, the Middle East,... More
Nederman Holding 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 Nederman Holding'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 Nederman Holding AB upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.74 | |||
| Information Ratio | 0.0478 | |||
| Maximum Drawdown | 11.25 | |||
| Value At Risk | (2.93) | |||
| Potential Upside | 3.94 |
Nederman Holding Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nederman Holding's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nederman Holding's standard deviation. In reality, there are many statistical measures that can use Nederman Holding historical prices to predict the future Nederman Holding's volatility.| Risk Adjusted Performance | 0.0084 | |||
| Jensen Alpha | 0.0528 | |||
| Total Risk Alpha | 0.2706 | |||
| Sortino Ratio | 0.0604 | |||
| Treynor Ratio | (0.01) |
Nederman Holding Backtested Returns
Nederman Holding 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. Nederman Holding exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nederman Holding's Risk Adjusted Performance of 0.0084, mean deviation of 1.62, and Downside Deviation of 1.74 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, Nederman Holding's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nederman Holding is expected to be smaller as well. At this point, Nederman Holding has a negative expected return of -0.0219%. Please make sure to verify Nederman Holding's coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to decide if Nederman Holding performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.48 |
Modest reverse predictability
Nederman Holding AB has modest reverse predictability. Overlapping area represents the amount of predictability between Nederman Holding time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 Nederman Holding price movement. The serial correlation of -0.48 indicates that about 48.0% of current Nederman Holding price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.48 | |
| Spearman Rank Test | -0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 84.71 |
Nederman Holding lagged returns against current returns
Autocorrelation, which is Nederman Holding 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 Nederman Holding's stock expected returns. We can calculate the autocorrelation of Nederman Holding returns to help us make a trade decision. For example, suppose you find that Nederman Holding 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 |
Nederman Holding 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 Nederman Holding stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nederman Holding stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nederman Holding stock over time.
Current vs Lagged Prices |
| Timeline |
Nederman Holding Lagged Returns
When evaluating Nederman Holding's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nederman Holding stock have on its future price. Nederman Holding 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, Nederman Holding autocorrelation shows the relationship between Nederman Holding stock current value and its past values and can show if there is a momentum factor associated with investing in Nederman Holding AB.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Nederman Stock Analysis
When running Nederman Holding's price analysis, check to measure Nederman Holding'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 Nederman Holding is operating at the current time. Most of Nederman Holding's value examination focuses on studying past and present price action to predict the probability of Nederman Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nederman Holding's price. Additionally, you may evaluate how the addition of Nederman Holding to your portfolios can decrease your overall portfolio volatility.