Precio Fishbone (Sweden) Market Value
| PRCO-B Stock | SEK 22.00 0.40 1.79% |
| Symbol | Precio |
Precio Fishbone '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 Precio Fishbone'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 Precio Fishbone.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Precio Fishbone on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Precio Fishbone AB or generate 0.0% return on investment in Precio Fishbone over 90 days. Precio Fishbone is related to or competes with Avensia Publ, Generic Sweden, Novotek AB, DevPort AB, and Prevas AB. Precio Fishbone AB provides Microsoft-based solutions for the private and public sectors in Sweden More
Precio Fishbone 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 Precio Fishbone'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 Precio Fishbone AB upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.11 | |||
| Information Ratio | 0.0492 | |||
| Maximum Drawdown | 18.23 | |||
| Value At Risk | (3.64) | |||
| Potential Upside | 2.83 |
Precio Fishbone Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Precio Fishbone's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Precio Fishbone's standard deviation. In reality, there are many statistical measures that can use Precio Fishbone historical prices to predict the future Precio Fishbone's volatility.| Risk Adjusted Performance | 0.0187 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | 0.3763 | |||
| Sortino Ratio | 0.044 | |||
| Treynor Ratio | (0.08) |
Precio Fishbone AB Backtested Returns
At this point, Precio Fishbone is not too volatile. Precio Fishbone AB maintains Sharpe Ratio (i.e., Efficiency) of close to zero, which implies the firm had a close to zero % return per unit of risk over the last 3 months. We have found thirty technical indicators for Precio Fishbone AB, which you can use to evaluate the volatility of the company. Please check Precio Fishbone's Semi Deviation of 2.53, risk adjusted performance of 0.0187, and Coefficient Of Variation of 7349.41 to confirm if the risk estimate we provide is consistent with the expected return of 0.0245%. The company holds a Beta of -0.37, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Precio Fishbone are expected to decrease at a much lower rate. During the bear market, Precio Fishbone is likely to outperform the market. Precio Fishbone AB right now holds a risk of 2.86%. Please check Precio Fishbone AB standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to decide if Precio Fishbone AB will be following its historical price patterns.
Auto-correlation | -0.11 |
Insignificant reverse predictability
Precio Fishbone AB has insignificant reverse predictability. Overlapping area represents the amount of predictability between Precio Fishbone 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 Precio Fishbone AB price movement. The serial correlation of -0.11 indicates that less than 11.0% of current Precio Fishbone price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.11 | |
| Spearman Rank Test | 0.39 | |
| Residual Average | 0.0 | |
| Price Variance | 0.77 |
Precio Fishbone AB lagged returns against current returns
Autocorrelation, which is Precio Fishbone 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 Precio Fishbone's stock expected returns. We can calculate the autocorrelation of Precio Fishbone returns to help us make a trade decision. For example, suppose you find that Precio Fishbone 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 |
Precio Fishbone 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 Precio Fishbone stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Precio Fishbone stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Precio Fishbone stock over time.
Current vs Lagged Prices |
| Timeline |
Precio Fishbone Lagged Returns
When evaluating Precio Fishbone's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Precio Fishbone stock have on its future price. Precio Fishbone 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, Precio Fishbone autocorrelation shows the relationship between Precio Fishbone stock current value and its past values and can show if there is a momentum factor associated with investing in Precio Fishbone AB.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Precio Stock
Precio Fishbone financial ratios help investors to determine whether Precio 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 Precio with respect to the benefits of owning Precio Fishbone security.