Saxlund Group (Sweden) Market Value

SAXG Stock  SEK 7.63  0.29  3.66%   
Saxlund Group's market value is the price at which a share of Saxlund Group trades on a public exchange. It measures the collective expectations of Saxlund Group AB investors about its performance. Saxlund Group is selling for under 7.63 as of the 23rd of December 2024; that is 3.66 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 7.63.
With this module, you can estimate the performance of a buy and hold strategy of Saxlund Group AB and determine expected loss or profit from investing in Saxlund Group over a given investment horizon. Check out Saxlund Group Correlation, Saxlund Group Volatility and Saxlund Group Alpha and Beta module to complement your research on Saxlund Group.
Symbol

Please note, there is a significant difference between Saxlund Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Saxlund Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Saxlund Group'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.

Saxlund Group '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 Saxlund Group'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 Saxlund Group.
0.00
01/03/2023
No Change 0.00  0.0 
In 1 year 11 months and 22 days
12/23/2024
0.00
If you would invest  0.00  in Saxlund Group on January 3, 2023 and sell it all today you would earn a total of 0.00 from holding Saxlund Group AB or generate 0.0% return on investment in Saxlund Group over 720 days. Saxlund Group is related to or competes with Divio Technologies, Xbrane Biopharma, Flexion Mobile, and Midsummer. Saxlund Group AB , an environmental technology group, develops, manufactures, and services plants and equipment for the ... More

Saxlund Group 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 Saxlund Group'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 Saxlund Group AB upside and downside potential and time the market with a certain degree of confidence.

Saxlund Group Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Saxlund Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Saxlund Group's standard deviation. In reality, there are many statistical measures that can use Saxlund Group historical prices to predict the future Saxlund Group's volatility.
Hype
Prediction
LowEstimatedHigh
1.677.9214.17
Details
Intrinsic
Valuation
LowRealHigh
1.267.5113.76
Details
Naive
Forecast
LowNextHigh
1.908.1514.41
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
7.068.7610.46
Details

Saxlund Group AB Backtested Returns

Saxlund Group AB owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0801, which indicates the firm had a -0.0801% return per unit of risk over the last 3 months. Saxlund Group AB exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Saxlund Group's Variance of 38.76, coefficient of variation of (1,330), and Risk Adjusted Performance of (0.05) to confirm the risk estimate we provide. The entity has a beta of 0.0516, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Saxlund Group's returns are expected to increase less than the market. However, during the bear market, the loss of holding Saxlund Group is expected to be smaller as well. At this point, Saxlund Group AB has a negative expected return of -0.5%. Please make sure to validate Saxlund Group's accumulation distribution, rate of daily change, and the relationship between the kurtosis and daily balance of power , to decide if Saxlund Group AB performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.59  

Modest predictability

Saxlund Group AB has modest predictability. Overlapping area represents the amount of predictability between Saxlund Group time series from 3rd of January 2023 to 29th of December 2023 and 29th of December 2023 to 23rd of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Saxlund Group AB price movement. The serial correlation of 0.59 indicates that roughly 59.0% of current Saxlund Group price fluctuation can be explain by its past prices.
Correlation Coefficient0.59
Spearman Rank Test0.57
Residual Average0.0
Price Variance1522.69

Saxlund Group AB lagged returns against current returns

Autocorrelation, which is Saxlund Group 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 Saxlund Group's stock expected returns. We can calculate the autocorrelation of Saxlund Group returns to help us make a trade decision. For example, suppose you find that Saxlund Group 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  

Saxlund Group 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 Saxlund Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Saxlund Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Saxlund Group stock over time.
   Current vs Lagged Prices   
       Timeline  

Saxlund Group Lagged Returns

When evaluating Saxlund Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Saxlund Group stock have on its future price. Saxlund Group 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, Saxlund Group autocorrelation shows the relationship between Saxlund Group stock current value and its past values and can show if there is a momentum factor associated with investing in Saxlund Group AB.
   Regressed Prices   
       Timeline  

Thematic Opportunities

Explore Investment Opportunities

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Additional Tools for Saxlund Stock Analysis

When running Saxlund Group's price analysis, check to measure Saxlund Group'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 Saxlund Group is operating at the current time. Most of Saxlund Group's value examination focuses on studying past and present price action to predict the probability of Saxlund Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Saxlund Group's price. Additionally, you may evaluate how the addition of Saxlund Group to your portfolios can decrease your overall portfolio volatility.