SECITS Holding (Sweden) Market Value
| SECI Stock | SEK 0.03 0 4.14% |
| Symbol | SECITS |
SECITS 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 SECITS 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 SECITS Holding.
| 03/12/2023 |
| 03/01/2025 |
If you would invest 0.00 in SECITS Holding on March 12, 2023 and sell it all today you would earn a total of 0.00 from holding SECITS Holding AB or generate 0.0% return on investment in SECITS Holding over 720 days. SECITS Holding is related to or competes with Zaplox AB, and Sonetel AB. SECITS Holding AB provides camera surveillance solutions in Sweden More
SECITS 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 SECITS 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 SECITS Holding AB upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 9.19 | |||
| Information Ratio | 0.0753 | |||
| Maximum Drawdown | 50.41 | |||
| Value At Risk | (14.58) | |||
| Potential Upside | 18.79 |
SECITS Holding Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SECITS Holding's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SECITS Holding's standard deviation. In reality, there are many statistical measures that can use SECITS Holding historical prices to predict the future SECITS Holding's volatility.| Risk Adjusted Performance | 0.0638 | |||
| Jensen Alpha | 0.7439 | |||
| Total Risk Alpha | 1.03 | |||
| Sortino Ratio | 0.0811 | |||
| Treynor Ratio | 0.7657 |
SECITS Holding AB Backtested Returns
SECITS Holding appears to be out of control, given 3 months investment horizon. SECITS Holding AB retains Efficiency (Sharpe Ratio) of 0.0986, which indicates the firm had a 0.0986 % return per unit of volatility over the last 3 months. By evaluating SECITS Holding's technical indicators, you can evaluate if the expected return of 0.99% is justified by implied risk. Please review SECITS Holding's risk adjusted performance of 0.0638, and Downside Deviation of 9.19 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, SECITS Holding holds a performance score of 7. The entity owns a Beta (Systematic Risk) of 0.94, which indicates possible diversification benefits within a given portfolio. SECITS Holding returns are very sensitive to returns on the market. As the market goes up or down, SECITS Holding is expected to follow. Please check SECITS Holding's information ratio, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether SECITS Holding's current price history will revert.
Auto-correlation | 0.78 |
Good predictability
SECITS Holding AB has good predictability. Overlapping area represents the amount of predictability between SECITS Holding time series from 12th of March 2023 to 6th of March 2024 and 6th of March 2024 to 1st 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 SECITS Holding AB price movement. The serial correlation of 0.78 indicates that around 78.0% of current SECITS Holding price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.78 | |
| Spearman Rank Test | 0.73 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
SECITS Holding AB lagged returns against current returns
Autocorrelation, which is SECITS 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 SECITS Holding's stock expected returns. We can calculate the autocorrelation of SECITS Holding returns to help us make a trade decision. For example, suppose you find that SECITS 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 |
SECITS 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 SECITS Holding stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SECITS Holding stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SECITS Holding stock over time.
Current vs Lagged Prices |
| Timeline |
SECITS Holding Lagged Returns
When evaluating SECITS Holding's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SECITS Holding stock have on its future price. SECITS 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, SECITS Holding autocorrelation shows the relationship between SECITS Holding stock current value and its past values and can show if there is a momentum factor associated with investing in SECITS Holding AB.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for SECITS Stock Analysis
When running SECITS Holding's price analysis, check to measure SECITS 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 SECITS Holding is operating at the current time. Most of SECITS Holding's value examination focuses on studying past and present price action to predict the probability of SECITS 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 SECITS Holding's price. Additionally, you may evaluate how the addition of SECITS Holding to your portfolios can decrease your overall portfolio volatility.