Sileon AB (Sweden) Market Value
| SILEON Stock | 6.90 0.20 2.82% |
| Symbol | Sileon |
Sileon AB '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 Sileon AB'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 Sileon AB.
| 11/20/2024 |
| 12/20/2024 |
If you would invest 0.00 in Sileon AB on November 20, 2024 and sell it all today you would earn a total of 0.00 from holding Sileon AB or generate 0.0% return on investment in Sileon AB over 30 days. Sileon AB is related to or competes with KABE Group, IAR Systems, Mekonomen, Clinical Laserthermia, EEducation Albert, and Lipum AB. More
Sileon AB 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 Sileon AB'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 Sileon AB upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.24) | |||
| Maximum Drawdown | 33.45 | |||
| Value At Risk | (12.83) | |||
| Potential Upside | 9.17 |
Sileon AB Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sileon AB's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sileon AB's standard deviation. In reality, there are many statistical measures that can use Sileon AB historical prices to predict the future Sileon AB's volatility.| Risk Adjusted Performance | (0.18) | |||
| Jensen Alpha | (1.46) | |||
| Total Risk Alpha | (1.64) | |||
| Treynor Ratio | 7.8 |
Sileon AB Backtested Returns
Sileon AB owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.24, which indicates the firm had a -0.24% return per unit of risk over the last 3 months. Sileon AB exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sileon AB's Risk Adjusted Performance of (0.18), coefficient of variation of (420.32), and Variance of 37.18 to confirm the risk estimate we provide. The entity has a beta of -0.19, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Sileon AB are expected to decrease at a much lower rate. During the bear market, Sileon AB is likely to outperform the market. At this point, Sileon AB has a negative expected return of -1.51%. Please make sure to validate Sileon AB's total risk alpha, skewness, as well as the relationship between the Skewness and day median price , to decide if Sileon AB performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.79 |
Good predictability
Sileon AB has good predictability. Overlapping area represents the amount of predictability between Sileon AB time series from 20th of November 2024 to 5th of December 2024 and 5th of December 2024 to 20th 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 Sileon AB price movement. The serial correlation of 0.79 indicates that around 79.0% of current Sileon AB price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.79 | |
| Spearman Rank Test | 0.88 | |
| Residual Average | 0.0 | |
| Price Variance | 0.65 |
Sileon AB lagged returns against current returns
Autocorrelation, which is Sileon AB 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 Sileon AB's stock expected returns. We can calculate the autocorrelation of Sileon AB returns to help us make a trade decision. For example, suppose you find that Sileon AB 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 |
Sileon AB 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 Sileon AB stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sileon AB stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sileon AB stock over time.
Current vs Lagged Prices |
| Timeline |
Sileon AB Lagged Returns
When evaluating Sileon AB's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sileon AB stock have on its future price. Sileon AB 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, Sileon AB autocorrelation shows the relationship between Sileon AB stock current value and its past values and can show if there is a momentum factor associated with investing in Sileon AB.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Sileon Stock
Sileon AB financial ratios help investors to determine whether Sileon 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 Sileon with respect to the benefits of owning Sileon AB security.