Skanska Ab Ser Stock Market Value
| SKBSY Stock | USD 24.73 0.98 4.13% |
| 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 pink sheet 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.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Skanska AB on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Skanska AB ser or generate 0.0% return on investment in Skanska AB over 90 days. Skanska AB is related to or competes with ACS Actividades, Arcadis NV, Badger Infrastructure, Acciona SA, Arcadis NV, VINCI SA, and China Railway. Skanska AB operates as a construction and project development company in the Nordic region, Europe, and the United State... 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 pink sheet 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 ser upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.05 | |||
| Information Ratio | 0.1647 | |||
| Maximum Drawdown | 11.2 | |||
| Value At Risk | (2.67) | |||
| Potential Upside | 2.82 |
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 | 0.0858 | |||
| Jensen Alpha | 0.1361 | |||
| Total Risk Alpha | 0.4905 | |||
| Sortino Ratio | 0.1526 | |||
| Treynor Ratio | (0.71) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Skanska AB's 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.
Skanska AB ser Backtested Returns
Skanska AB appears to be very steady, given 3 months investment horizon. Skanska AB ser 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. We have found twenty-nine technical indicators for Skanska AB ser, which you can use to evaluate the volatility of the company. Please review Skanska AB's Coefficient Of Variation of 1052.07, semi deviation of 1.93, and Risk Adjusted Performance of 0.0858 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 9. The entity has a beta of -0.24, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Skanska AB are expected to decrease at a much lower rate. During the bear market, Skanska AB is likely to outperform the market. Please check Skanska AB's downside variance, and the relationship between the total risk alpha and daily balance of power , to make a quick decision on whether Skanska AB's existing price patterns will revert.
Auto-correlation | 0.33 |
Below average predictability
Skanska AB ser has below average predictability. Overlapping area represents the amount of predictability between Skanska AB time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 Skanska AB ser price movement. The serial correlation of 0.33 indicates that nearly 33.0% of current Skanska AB price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.33 | |
| Spearman Rank Test | 0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 1.21 |
Skanska AB ser lagged returns against current returns
Autocorrelation, which is Skanska AB pink sheet'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 pink sheet 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 pink sheet 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 pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Skanska AB pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Skanska AB pink sheet over time.
Current vs Lagged Prices |
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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 pink sheet 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 pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Skanska AB ser.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Skanska Pink Sheet 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.