Sivers IMA (Sweden) Market Value
| SIVE Stock | SEK 2.56 0.37 16.89% |
| Symbol | Sivers |
Sivers IMA '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 Sivers IMA'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 Sivers IMA.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Sivers IMA on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Sivers IMA Holding or generate 0.0% return on investment in Sivers IMA over 30 days. Sivers IMA is related to or competes with Hexatronic Group, Sinch AB, Embracer Group, SolTech Energy, and Stillfront Group. Sivers IMA Holding AB , through its subsidiaries, develops, manufactures, and sells chips, components, modules, and sub ... More
Sivers IMA 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 Sivers IMA'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 Sivers IMA Holding upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 47.64 | |||
| Value At Risk | (8.14) | |||
| Potential Upside | 7.22 |
Sivers IMA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sivers IMA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sivers IMA's standard deviation. In reality, there are many statistical measures that can use Sivers IMA historical prices to predict the future Sivers IMA's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.90) | |||
| Total Risk Alpha | (1.88) | |||
| Treynor Ratio | (1.71) |
Sivers IMA Holding Backtested Returns
Sivers IMA Holding owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.12, which indicates the firm had a -0.12% return per unit of risk over the last 3 months. Sivers IMA Holding exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sivers IMA's Risk Adjusted Performance of (0.08), coefficient of variation of (826.12), and Variance of 47.55 to confirm the risk estimate we provide. The entity has a beta of 0.5, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Sivers IMA's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sivers IMA is expected to be smaller as well. At this point, Sivers IMA Holding has a negative expected return of -0.84%. Please make sure to validate Sivers IMA's accumulation distribution, rate of daily change, and the relationship between the kurtosis and daily balance of power , to decide if Sivers IMA Holding performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.76 |
Almost perfect reverse predictability
Sivers IMA Holding has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Sivers IMA time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th of November 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 Sivers IMA Holding price movement. The serial correlation of -0.76 indicates that around 76.0% of current Sivers IMA price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.76 | |
| Spearman Rank Test | -0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
Sivers IMA Holding lagged returns against current returns
Autocorrelation, which is Sivers IMA 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 Sivers IMA's stock expected returns. We can calculate the autocorrelation of Sivers IMA returns to help us make a trade decision. For example, suppose you find that Sivers IMA 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 |
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Sivers IMA 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 Sivers IMA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sivers IMA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sivers IMA stock over time.
Current vs Lagged Prices |
| Timeline |
Sivers IMA Lagged Returns
When evaluating Sivers IMA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sivers IMA stock have on its future price. Sivers IMA 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, Sivers IMA autocorrelation shows the relationship between Sivers IMA stock current value and its past values and can show if there is a momentum factor associated with investing in Sivers IMA Holding.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Sivers Stock Analysis
When running Sivers IMA's price analysis, check to measure Sivers IMA'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 Sivers IMA is operating at the current time. Most of Sivers IMA's value examination focuses on studying past and present price action to predict the probability of Sivers IMA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sivers IMA's price. Additionally, you may evaluate how the addition of Sivers IMA to your portfolios can decrease your overall portfolio volatility.