Precio Fishbone (Sweden) Market Value

PRCO-B Stock  SEK 22.00  0.40  1.79%   
Precio Fishbone's market value is the price at which a share of Precio Fishbone trades on a public exchange. It measures the collective expectations of Precio Fishbone AB investors about its performance. Precio Fishbone is trading at 22.00 as of the 17th of March 2025, a 1.79% down since the beginning of the trading day. The stock's open price was 22.4.
With this module, you can estimate the performance of a buy and hold strategy of Precio Fishbone AB and determine expected loss or profit from investing in Precio Fishbone over a given investment horizon. Check out Precio Fishbone Correlation, Precio Fishbone Volatility and Precio Fishbone Alpha and Beta module to complement your research on Precio Fishbone.
Symbol

Please note, there is a significant difference between Precio Fishbone's value and its price as these two are different measures arrived at by different means. Investors typically determine if Precio Fishbone is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Precio Fishbone's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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.
0.00
12/17/2024
No Change 0.00  0.0 
In 2 months and 31 days
03/17/2025
0.00
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.

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.
Hype
Prediction
LowEstimatedHigh
19.1422.0024.86
Details
Intrinsic
Valuation
LowRealHigh
15.8318.6924.20
Details
Naive
Forecast
LowNextHigh
18.3221.1824.04
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
20.1022.0323.96
Details

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 Test0.39
Residual Average0.0
Price Variance0.77

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

Explore Investment 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.