Shape Robotics (Denmark) Market Value

SHAPE Stock  DKK 17.15  0.85  4.72%   
Shape Robotics' market value is the price at which a share of Shape Robotics trades on a public exchange. It measures the collective expectations of Shape Robotics AS investors about its performance. Shape Robotics is trading at 17.15 as of the 2nd of March 2025, a 4.72 percent down since the beginning of the trading day. The stock's open price was 18.0.
With this module, you can estimate the performance of a buy and hold strategy of Shape Robotics AS and determine expected loss or profit from investing in Shape Robotics over a given investment horizon. Check out Shape Robotics Correlation, Shape Robotics Volatility and Shape Robotics Alpha and Beta module to complement your research on Shape Robotics.
Symbol

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

Shape Robotics '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 Shape Robotics' 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 Shape Robotics.
0.00
01/31/2025
No Change 0.00  0.0 
In 30 days
03/02/2025
0.00
If you would invest  0.00  in Shape Robotics on January 31, 2025 and sell it all today you would earn a total of 0.00 from holding Shape Robotics AS or generate 0.0% return on investment in Shape Robotics over 30 days. Shape Robotics is related to or competes with FOM Technologies, Penneo AS, CBrain AS, Green Hydrogen, and BioPorto. Shape Robotics AS, an educational technology company, develops robot systems for education purpose worldwide More

Shape Robotics 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 Shape Robotics' 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 Shape Robotics AS upside and downside potential and time the market with a certain degree of confidence.

Shape Robotics Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Shape Robotics' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Shape Robotics' standard deviation. In reality, there are many statistical measures that can use Shape Robotics historical prices to predict the future Shape Robotics' volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Shape Robotics' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
13.3317.1520.97
Details
Intrinsic
Valuation
LowRealHigh
11.3815.2019.02
Details
Naive
Forecast
LowNextHigh
12.8216.6420.46
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
17.3018.1619.03
Details

Shape Robotics AS Backtested Returns

Shape Robotics AS 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. Shape Robotics AS exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Shape Robotics' Variance of 14.58, coefficient of variation of (977.49), and Risk Adjusted Performance of (0.07) to confirm the risk estimate we provide. The entity has a beta of -0.95, which indicates possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning Shape Robotics are expected to decrease slowly. On the other hand, during market turmoil, Shape Robotics is expected to outperform it slightly. At this point, Shape Robotics AS has a negative expected return of -0.38%. Please make sure to validate Shape Robotics' potential upside, and the relationship between the total risk alpha and daily balance of power , to decide if Shape Robotics AS performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.19  

Insignificant reverse predictability

Shape Robotics AS has insignificant reverse predictability. Overlapping area represents the amount of predictability between Shape Robotics time series from 31st of January 2025 to 15th of February 2025 and 15th of February 2025 to 2nd 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 Shape Robotics AS price movement. The serial correlation of -0.19 indicates that over 19.0% of current Shape Robotics price fluctuation can be explain by its past prices.
Correlation Coefficient-0.19
Spearman Rank Test0.08
Residual Average0.0
Price Variance0.25

Shape Robotics AS lagged returns against current returns

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

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

Shape Robotics Lagged Returns

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

Pair Trading with Shape Robotics

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Shape Robotics position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Shape Robotics will appreciate offsetting losses from the drop in the long position's value.

Moving against Shape Stock

  0.5RIAS-B RIAS ASPairCorr
  0.48RISMA Risma Systems ASPairCorr
  0.38PENNEO Penneo ASPairCorr
  0.37GRLA GroenlandsbankenPairCorr
  0.31LOLB Lollands BankPairCorr
The ability to find closely correlated positions to Shape Robotics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Shape Robotics when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Shape Robotics - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Shape Robotics AS to buy it.
The correlation of Shape Robotics is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Shape Robotics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Shape Robotics AS moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Shape Robotics can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Shape Stock

Shape Robotics financial ratios help investors to determine whether Shape 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 Shape with respect to the benefits of owning Shape Robotics security.