Peab AB (Sweden) Market Value
| PEAB-B Stock | SEK 79.70 2.00 2.57% |
| Symbol | Peab |
Peab 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 Peab 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 Peab AB.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Peab AB on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Peab AB or generate 0.0% return on investment in Peab AB over 90 days. Peab AB is related to or competes with Addtech AB, Scandic Hotels, FormPipe Software, Nexam Chemical, Vitec Software, and Upsales Technology. Peab AB operates as a construction and civil engineering company primarily in Sweden, Norway, and Finland More
Peab 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 Peab 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 Peab AB upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0363 | |||
| Maximum Drawdown | 12.64 | |||
| Value At Risk | (2.94) | |||
| Potential Upside | 2.57 |
Peab AB Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Peab AB's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Peab AB's standard deviation. In reality, there are many statistical measures that can use Peab AB historical prices to predict the future Peab AB's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | 0.0405 | |||
| Total Risk Alpha | 0.1896 | |||
| Treynor Ratio | (0.06) |
Peab AB Backtested Returns
At this point, Peab AB is very steady. Peab AB maintains Sharpe Ratio (i.e., Efficiency) of 0.035, which implies the firm had a 0.035 % return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Peab AB, which you can use to evaluate the volatility of the company. Please check Peab AB's Coefficient Of Variation of (5,797), variance of 3.42, and Risk Adjusted Performance of (0.01) to confirm if the risk estimate we provide is consistent with the expected return of 0.0659%. Peab AB has a performance score of 2 on a scale of 0 to 100. The company holds a Beta of 0.76, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Peab AB's returns are expected to increase less than the market. However, during the bear market, the loss of holding Peab AB is expected to be smaller as well. Peab AB right now holds a risk of 1.88%. Please check Peab AB standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to decide if Peab AB will be following its historical price patterns.
Auto-correlation | -0.59 |
Good reverse predictability
Peab AB has good reverse predictability. Overlapping area represents the amount of predictability between Peab AB 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 Peab AB price movement. The serial correlation of -0.59 indicates that roughly 59.0% of current Peab AB price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.59 | |
| Spearman Rank Test | 0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 3.61 |
Peab AB lagged returns against current returns
Autocorrelation, which is Peab 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 Peab AB's stock expected returns. We can calculate the autocorrelation of Peab AB returns to help us make a trade decision. For example, suppose you find that Peab 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 |
Peab 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 Peab AB stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Peab AB stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Peab AB stock over time.
Current vs Lagged Prices |
| Timeline |
Peab AB Lagged Returns
When evaluating Peab AB's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Peab AB stock have on its future price. Peab 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, Peab AB autocorrelation shows the relationship between Peab AB stock current value and its past values and can show if there is a momentum factor associated with investing in Peab AB.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Peab Stock
Peab AB financial ratios help investors to determine whether Peab 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 Peab with respect to the benefits of owning Peab AB security.