Skanska AB (Sweden) Market Value
| SKA-B Stock | SEK 257.70 2.50 0.96% |
| Symbol | Skanska |
Skanska 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 Skanska 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 Skanska AB.
| 07/29/2023 |
| 02/18/2025 |
If you would invest 0.00 in Skanska AB on July 29, 2023 and sell it all today you would earn a total of 0.00 from holding Skanska AB or generate 0.0% return on investment in Skanska AB over 570 days. Skanska AB is related to or competes with AB SKF, Tele2 AB, AB Electrolux, Sandvik AB, and Alfa Laval. Skanska AB , a construction and project development company, develops and constructs commercial properties, and resident... More
Skanska 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 Skanska 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 Skanska AB upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.46 | |||
| Information Ratio | 0.1321 | |||
| Maximum Drawdown | 7.02 | |||
| Value At Risk | (2.01) | |||
| Potential Upside | 1.94 |
Skanska AB Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Skanska AB's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Skanska AB's standard deviation. In reality, there are many statistical measures that can use Skanska AB historical prices to predict the future Skanska AB's volatility.| Risk Adjusted Performance | 0.1041 | |||
| Jensen Alpha | 0.1932 | |||
| Total Risk Alpha | 0.1912 | |||
| Sortino Ratio | 0.1314 | |||
| Treynor Ratio | 0.9313 |
Skanska AB Backtested Returns
Skanska AB appears to be very steady, given 3 months investment horizon. Skanska AB owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.19, which indicates the firm had a 0.19 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Skanska AB, which you can use to evaluate the volatility of the company. Please review Skanska AB's Risk Adjusted Performance of 0.1041, semi deviation of 1.24, and Coefficient Of Variation of 715.55 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Skanska AB holds a performance score of 15. The entity has a beta of 0.21, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Skanska AB's returns are expected to increase less than the market. However, during the bear market, the loss of holding Skanska AB is expected to be smaller as well. Please check Skanska AB's coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to make a quick decision on whether Skanska AB's existing price patterns will revert.
Auto-correlation | 0.85 |
Very good predictability
Skanska AB has very good predictability. Overlapping area represents the amount of predictability between Skanska AB time series from 29th of July 2023 to 9th of May 2024 and 9th of May 2024 to 18th of February 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 Skanska AB price movement. The serial correlation of 0.85 indicates that around 85.0% of current Skanska AB price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.85 | |
| Spearman Rank Test | 0.81 | |
| Residual Average | 0.0 | |
| Price Variance | 328.73 |
Skanska AB lagged returns against current returns
Autocorrelation, which is Skanska 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 Skanska AB's stock expected returns. We can calculate the autocorrelation of Skanska AB returns to help us make a trade decision. For example, suppose you find that Skanska 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 |
Skanska 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 Skanska AB stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Skanska AB stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Skanska AB stock over time.
Current vs Lagged Prices |
| Timeline |
Skanska AB Lagged Returns
When evaluating Skanska AB's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Skanska AB stock have on its future price. Skanska 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, Skanska AB autocorrelation shows the relationship between Skanska AB stock current value and its past values and can show if there is a momentum factor associated with investing in Skanska AB.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Skanska Stock Analysis
When running Skanska AB's price analysis, check to measure Skanska AB'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 Skanska AB is operating at the current time. Most of Skanska AB's value examination focuses on studying past and present price action to predict the probability of Skanska AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Skanska AB's price. Additionally, you may evaluate how the addition of Skanska AB to your portfolios can decrease your overall portfolio volatility.