Selvaag Bolig (Norway) Market Value
| SBO Stock | NOK 34.75 0.15 0.43% |
| Symbol | Selvaag |
Selvaag Bolig '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 Selvaag Bolig'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 Selvaag Bolig.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Selvaag Bolig on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Selvaag Bolig ASA or generate 0.0% return on investment in Selvaag Bolig over 90 days. Selvaag Bolig is related to or competes with Veidekke ASA, Entra ASA, Kid ASA, Olav Thon, and Storebrand ASA. Selvaag Bolig ASA, a housing development company, engages in the development, construction, and sale of residential prop... More
Selvaag Bolig 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 Selvaag Bolig'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 Selvaag Bolig ASA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.24 | |||
| Information Ratio | 0.1072 | |||
| Maximum Drawdown | 5.91 | |||
| Value At Risk | (1.66) | |||
| Potential Upside | 2.17 |
Selvaag Bolig Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Selvaag Bolig's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Selvaag Bolig's standard deviation. In reality, there are many statistical measures that can use Selvaag Bolig historical prices to predict the future Selvaag Bolig's volatility.| Risk Adjusted Performance | 0.03 | |||
| Jensen Alpha | 0.0109 | |||
| Total Risk Alpha | 0.1917 | |||
| Sortino Ratio | 0.1116 | |||
| Treynor Ratio | (0.17) |
Selvaag Bolig ASA Backtested Returns
As of now, Selvaag Stock is very steady. Selvaag Bolig ASA owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0307, which indicates the firm had a 0.0307 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Selvaag Bolig ASA, which you can use to evaluate the volatility of the company. Please validate Selvaag Bolig's Semi Deviation of 1.14, coefficient of variation of 3260.28, and Risk Adjusted Performance of 0.03 to confirm if the risk estimate we provide is consistent with the expected return of 0.0397%. Selvaag Bolig has a performance score of 2 on a scale of 0 to 100. The entity has a beta of -0.17, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Selvaag Bolig are expected to decrease at a much lower rate. During the bear market, Selvaag Bolig is likely to outperform the market. Selvaag Bolig ASA right now has a risk of 1.29%. Please validate Selvaag Bolig sortino ratio, semi variance, rate of daily change, as well as the relationship between the value at risk and kurtosis , to decide if Selvaag Bolig will be following its existing price patterns.
Auto-correlation | 0.66 |
Good predictability
Selvaag Bolig ASA has good predictability. Overlapping area represents the amount of predictability between Selvaag Bolig 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 Selvaag Bolig ASA price movement. The serial correlation of 0.66 indicates that around 66.0% of current Selvaag Bolig price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.66 | |
| Spearman Rank Test | 0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 0.95 |
Selvaag Bolig ASA lagged returns against current returns
Autocorrelation, which is Selvaag Bolig 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 Selvaag Bolig's stock expected returns. We can calculate the autocorrelation of Selvaag Bolig returns to help us make a trade decision. For example, suppose you find that Selvaag Bolig 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 |
Selvaag Bolig 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 Selvaag Bolig stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Selvaag Bolig stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Selvaag Bolig stock over time.
Current vs Lagged Prices |
| Timeline |
Selvaag Bolig Lagged Returns
When evaluating Selvaag Bolig's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Selvaag Bolig stock have on its future price. Selvaag Bolig 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, Selvaag Bolig autocorrelation shows the relationship between Selvaag Bolig stock current value and its past values and can show if there is a momentum factor associated with investing in Selvaag Bolig ASA.
Regressed Prices |
| Timeline |
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Selvaag Bolig financial ratios help investors to determine whether Selvaag 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 Selvaag with respect to the benefits of owning Selvaag Bolig security.