Securitas (Sweden) Market Value
| SECU-B Stock | SEK 149.20 1.65 1.12% |
| Symbol | Securitas |
Securitas '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 Securitas' 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 Securitas.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Securitas on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Securitas AB or generate 0.0% return on investment in Securitas over 90 days. Securitas is related to or competes with Skanska AB, AB SKF, Tele2 AB, AB Electrolux, and ASSA ABLOY. Securitas AB provides security services in North America, Europe, Latin America, Africa, the Middle East, Asia, and Aust... More
Securitas 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 Securitas' 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 Securitas AB upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9841 | |||
| Information Ratio | 0.1404 | |||
| Maximum Drawdown | 11.69 | |||
| Value At Risk | (1.64) | |||
| Potential Upside | 1.35 |
Securitas Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Securitas' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Securitas' standard deviation. In reality, there are many statistical measures that can use Securitas historical prices to predict the future Securitas' volatility.| Risk Adjusted Performance | 0.0643 | |||
| Jensen Alpha | 0.1386 | |||
| Total Risk Alpha | 0.2622 | |||
| Sortino Ratio | 0.1994 | |||
| Treynor Ratio | 0.1848 |
Securitas AB Backtested Returns
At this point, Securitas is very steady. Securitas AB owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.1, which indicates the firm had a 0.1 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Securitas AB, which you can use to evaluate the volatility of the company. Please validate Securitas' Semi Deviation of 0.8571, coefficient of variation of 1438.26, and Risk Adjusted Performance of 0.0643 to confirm if the risk estimate we provide is consistent with the expected return of 0.15%. Securitas has a performance score of 8 on a scale of 0 to 100. The entity has a beta of 0.47, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Securitas' returns are expected to increase less than the market. However, during the bear market, the loss of holding Securitas is expected to be smaller as well. Securitas AB right now has a risk of 1.45%. Please validate Securitas standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to decide if Securitas will be following its existing price patterns.
Auto-correlation | -0.56 |
Good reverse predictability
Securitas AB has good reverse predictability. Overlapping area represents the amount of predictability between Securitas 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 Securitas AB price movement. The serial correlation of -0.56 indicates that roughly 56.0% of current Securitas price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.56 | |
| Spearman Rank Test | -0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 32.82 |
Securitas AB lagged returns against current returns
Autocorrelation, which is Securitas 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 Securitas' stock expected returns. We can calculate the autocorrelation of Securitas returns to help us make a trade decision. For example, suppose you find that Securitas 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 |
Securitas 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 Securitas stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Securitas stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Securitas stock over time.
Current vs Lagged Prices |
| Timeline |
Securitas Lagged Returns
When evaluating Securitas' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Securitas stock have on its future price. Securitas 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, Securitas autocorrelation shows the relationship between Securitas stock current value and its past values and can show if there is a momentum factor associated with investing in Securitas AB.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Securitas Stock
Securitas financial ratios help investors to determine whether Securitas 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 Securitas with respect to the benefits of owning Securitas security.