Softronic (Sweden) Market Value
| SOF-B Stock | SEK 23.00 0.30 1.32% |
| Symbol | Softronic |
Softronic '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 Softronic'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 Softronic.
| 12/18/2024 |
| 03/18/2025 |
If you would invest 0.00 in Softronic on December 18, 2024 and sell it all today you would earn a total of 0.00 from holding Softronic AB or generate 0.0% return on investment in Softronic over 90 days. Softronic is related to or competes with EWork Group, Novotek AB, Prevas AB, Proact IT, and Know IT. Softronic AB provides IT and management services primarily in Sweden More
Softronic 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 Softronic'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 Softronic AB upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0324 | |||
| Maximum Drawdown | 6.2 | |||
| Value At Risk | (1.95) | |||
| Potential Upside | 2.36 |
Softronic Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Softronic's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Softronic's standard deviation. In reality, there are many statistical measures that can use Softronic historical prices to predict the future Softronic's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | 0.0954 | |||
| Treynor Ratio | 0.4278 |
Softronic AB Backtested Returns
Softronic AB owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0155, which indicates the firm had a -0.0155 % return per unit of risk over the last 3 months. Softronic AB exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Softronic's Variance of 1.68, coefficient of variation of (2,274), and Risk Adjusted Performance of (0.04) to confirm the risk estimate we provide. The entity has a beta of -0.16, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Softronic are expected to decrease at a much lower rate. During the bear market, Softronic is likely to outperform the market. At this point, Softronic AB has a negative expected return of -0.0208%. Please make sure to validate Softronic's treynor ratio, value at risk, and the relationship between the total risk alpha and maximum drawdown , to decide if Softronic AB performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.11 |
Insignificant predictability
Softronic AB has insignificant predictability. Overlapping area represents the amount of predictability between Softronic time series from 18th of December 2024 to 1st of February 2025 and 1st of February 2025 to 18th 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 Softronic AB price movement. The serial correlation of 0.11 indicates that less than 11.0% of current Softronic price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.11 | |
| Spearman Rank Test | -0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 0.09 |
Softronic AB lagged returns against current returns
Autocorrelation, which is Softronic 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 Softronic's stock expected returns. We can calculate the autocorrelation of Softronic returns to help us make a trade decision. For example, suppose you find that Softronic 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 |
Softronic 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 Softronic stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Softronic stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Softronic stock over time.
Current vs Lagged Prices |
| Timeline |
Softronic Lagged Returns
When evaluating Softronic's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Softronic stock have on its future price. Softronic 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, Softronic autocorrelation shows the relationship between Softronic stock current value and its past values and can show if there is a momentum factor associated with investing in Softronic AB.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Softronic Stock Analysis
When running Softronic's price analysis, check to measure Softronic'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 Softronic is operating at the current time. Most of Softronic's value examination focuses on studying past and present price action to predict the probability of Softronic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Softronic's price. Additionally, you may evaluate how the addition of Softronic to your portfolios can decrease your overall portfolio volatility.