Sonetel AB (Sweden) Market Value

SONE Stock  SEK 4.40  0.14  3.29%   
Sonetel AB's market value is the price at which a share of Sonetel AB trades on a public exchange. It measures the collective expectations of Sonetel AB investors about its performance. Sonetel AB is selling for under 4.40 as of the 5th of December 2024; that is 3.29 percent increase since the beginning of the trading day. The stock's last reported lowest price was 4.38.
With this module, you can estimate the performance of a buy and hold strategy of Sonetel AB and determine expected loss or profit from investing in Sonetel AB over a given investment horizon. Check out Sonetel AB Correlation, Sonetel AB Volatility and Sonetel AB Alpha and Beta module to complement your research on Sonetel AB.
Symbol

Please note, there is a significant difference between Sonetel AB's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sonetel AB is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sonetel AB's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Sonetel 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 Sonetel 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 Sonetel AB.
0.00
12/16/2022
No Change 0.00  0.0 
In 1 year 11 months and 21 days
12/05/2024
0.00
If you would invest  0.00  in Sonetel AB on December 16, 2022 and sell it all today you would earn a total of 0.00 from holding Sonetel AB or generate 0.0% return on investment in Sonetel AB over 720 days. Sonetel AB is related to or competes with Zaplox AB, and Nicoccino Holding. Sonetel AB provides telephone services to small businesses worldwide More

Sonetel 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 Sonetel 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 Sonetel AB upside and downside potential and time the market with a certain degree of confidence.

Sonetel AB Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Sonetel AB's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sonetel AB's standard deviation. In reality, there are many statistical measures that can use Sonetel AB historical prices to predict the future Sonetel AB's volatility.
Hype
Prediction
LowEstimatedHigh
0.214.269.16
Details
Intrinsic
Valuation
LowRealHigh
0.193.898.79
Details
Naive
Forecast
LowNextHigh
0.094.679.57
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
4.154.304.44
Details

Sonetel AB Backtested Returns

Sonetel AB owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0062, which indicates the firm had a -0.0062% return per unit of risk over the last 3 months. Sonetel AB exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sonetel AB's Variance of 23.46, risk adjusted performance of 0.004, and Coefficient Of Variation of (16,417) to confirm the risk estimate we provide. The entity has a beta of -0.77, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Sonetel AB are expected to decrease at a much lower rate. During the bear market, Sonetel AB is likely to outperform the market. At this point, Sonetel AB has a negative expected return of -0.0304%. Please make sure to validate Sonetel AB's maximum drawdown, potential upside, kurtosis, as well as the relationship between the value at risk and skewness , to decide if Sonetel AB performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.30  

Below average predictability

Sonetel AB has below average predictability. Overlapping area represents the amount of predictability between Sonetel AB time series from 16th of December 2022 to 11th of December 2023 and 11th of December 2023 to 5th 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 Sonetel AB price movement. The serial correlation of 0.3 indicates that nearly 30.0% of current Sonetel AB price fluctuation can be explain by its past prices.
Correlation Coefficient0.3
Spearman Rank Test0.16
Residual Average0.0
Price Variance0.11

Sonetel AB lagged returns against current returns

Autocorrelation, which is Sonetel 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 Sonetel AB's stock expected returns. We can calculate the autocorrelation of Sonetel AB returns to help us make a trade decision. For example, suppose you find that Sonetel 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  

Sonetel 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 Sonetel AB stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sonetel AB stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sonetel AB stock over time.
   Current vs Lagged Prices   
       Timeline  

Sonetel AB Lagged Returns

When evaluating Sonetel AB's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sonetel AB stock have on its future price. Sonetel 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, Sonetel AB autocorrelation shows the relationship between Sonetel AB stock current value and its past values and can show if there is a momentum factor associated with investing in Sonetel AB.
   Regressed Prices   
       Timeline  

Thematic Opportunities

Explore Investment Opportunities

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Additional Tools for Sonetel Stock Analysis

When running Sonetel AB's price analysis, check to measure Sonetel 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 Sonetel AB is operating at the current time. Most of Sonetel AB's value examination focuses on studying past and present price action to predict the probability of Sonetel 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 Sonetel AB's price. Additionally, you may evaluate how the addition of Sonetel AB to your portfolios can decrease your overall portfolio volatility.