Qleanair Holding (Sweden) Market Value
| QAIR Stock | SEK 15.25 0.25 1.67% |
| Symbol | Qleanair |
Qleanair 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 Qleanair 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 Qleanair Holding.
| 01/28/2025 |
| 02/27/2025 |
If you would invest 0.00 in Qleanair Holding on January 28, 2025 and sell it all today you would earn a total of 0.00 from holding Qleanair Holding AB or generate 0.0% return on investment in Qleanair Holding over 30 days. Qleanair Holding is related to or competes with Storytel, Stillfront Group, and Hexatronic Group. QleanAir Holding AB provides air cleaners, cleanrooms, and solutions for protection against passive smoking worldwide More
Qleanair 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 Qleanair 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 Qleanair Holding AB upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 21.45 | |||
| Value At Risk | (3.25) | |||
| Potential Upside | 4.41 |
Qleanair Holding Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Qleanair Holding's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Qleanair Holding's standard deviation. In reality, there are many statistical measures that can use Qleanair Holding historical prices to predict the future Qleanair Holding's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.27) | |||
| Total Risk Alpha | (0.24) | |||
| Treynor Ratio | 2.44 |
Qleanair Holding Backtested Returns
Qleanair Holding maintains Sharpe Ratio (i.e., Efficiency) of -0.0395, which implies the firm had a -0.0395 % return per unit of risk over the last 3 months. Qleanair Holding exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Qleanair Holding's Coefficient Of Variation of (1,080), variance of 7.68, and Risk Adjusted Performance of (0.06) to confirm the risk estimate we provide. The company holds a Beta of -0.11, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Qleanair Holding are expected to decrease at a much lower rate. During the bear market, Qleanair Holding is likely to outperform the market. At this point, Qleanair Holding has a negative expected return of -0.11%. Please make sure to check Qleanair Holding's standard deviation, total risk alpha, maximum drawdown, as well as the relationship between the jensen alpha and treynor ratio , to decide if Qleanair Holding performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.23 |
Weak predictability
Qleanair Holding AB has weak predictability. Overlapping area represents the amount of predictability between Qleanair Holding time series from 28th of January 2025 to 12th of February 2025 and 12th of February 2025 to 27th of February 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 Qleanair Holding price movement. The serial correlation of 0.23 indicates that over 23.0% of current Qleanair Holding price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.23 | |
| Spearman Rank Test | 0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
Qleanair Holding lagged returns against current returns
Autocorrelation, which is Qleanair 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 Qleanair Holding's stock expected returns. We can calculate the autocorrelation of Qleanair Holding returns to help us make a trade decision. For example, suppose you find that Qleanair 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 |
Qleanair 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 Qleanair Holding stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Qleanair Holding stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Qleanair Holding stock over time.
Current vs Lagged Prices |
| Timeline |
Qleanair Holding Lagged Returns
When evaluating Qleanair Holding's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Qleanair Holding stock have on its future price. Qleanair 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, Qleanair Holding autocorrelation shows the relationship between Qleanair Holding stock current value and its past values and can show if there is a momentum factor associated with investing in Qleanair Holding AB.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Qleanair Stock Analysis
When running Qleanair Holding's price analysis, check to measure Qleanair 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 Qleanair Holding is operating at the current time. Most of Qleanair Holding's value examination focuses on studying past and present price action to predict the probability of Qleanair 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 Qleanair Holding's price. Additionally, you may evaluate how the addition of Qleanair Holding to your portfolios can decrease your overall portfolio volatility.