Stora Enso (Sweden) Market Value
| STE-A Stock | SEK 118.50 3.50 2.87% |
| Symbol | Stora |
Stora Enso '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 Stora Enso'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 Stora Enso.
| 01/28/2025 |
| 02/27/2025 |
If you would invest 0.00 in Stora Enso on January 28, 2025 and sell it all today you would earn a total of 0.00 from holding Stora Enso Oyj or generate 0.0% return on investment in Stora Enso over 30 days. Stora Enso is related to or competes with Stora Enso, Svenska Cellulosa, Holmen AB, Trelleborg, and AB SKF. Stora Enso Oyj provides renewable solutions for the packaging, biomaterials, wooden constructions, and paper industries ... More
Stora Enso 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 Stora Enso'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 Stora Enso Oyj upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.28 | |||
| Information Ratio | 0.0653 | |||
| Maximum Drawdown | 12.59 | |||
| Value At Risk | (3.54) | |||
| Potential Upside | 4.15 |
Stora Enso Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Stora Enso's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Stora Enso's standard deviation. In reality, there are many statistical measures that can use Stora Enso historical prices to predict the future Stora Enso's volatility.| Risk Adjusted Performance | 0.0561 | |||
| Jensen Alpha | 0.1568 | |||
| Total Risk Alpha | 0.1763 | |||
| Sortino Ratio | 0.0706 | |||
| Treynor Ratio | 0.4645 |
Stora Enso Oyj Backtested Returns
Stora Enso appears to be very steady, given 3 months investment horizon. Stora Enso Oyj 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 thirty technical indicators for Stora Enso Oyj, which you can use to evaluate the volatility of the company. Please review Stora Enso's Risk Adjusted Performance of 0.0561, semi deviation of 1.97, and Coefficient Of Variation of 1498.46 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Stora Enso holds a performance score of 9. The entity has a beta of 0.33, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Stora Enso's returns are expected to increase less than the market. However, during the bear market, the loss of holding Stora Enso is expected to be smaller as well. Please check Stora Enso's treynor ratio, value at risk, and the relationship between the sortino ratio and maximum drawdown , to make a quick decision on whether Stora Enso's existing price patterns will revert.
Auto-correlation | 0.41 |
Average predictability
Stora Enso Oyj has average predictability. Overlapping area represents the amount of predictability between Stora Enso time series from 28th of January 2025 to 12th of February 2025 and 12th of February 2025 to 27th 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 Stora Enso Oyj price movement. The serial correlation of 0.41 indicates that just about 41.0% of current Stora Enso price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.41 | |
| Spearman Rank Test | 0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 14.42 |
Stora Enso Oyj lagged returns against current returns
Autocorrelation, which is Stora Enso 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 Stora Enso's stock expected returns. We can calculate the autocorrelation of Stora Enso returns to help us make a trade decision. For example, suppose you find that Stora Enso 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 |
Stora Enso 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 Stora Enso stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Stora Enso stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Stora Enso stock over time.
Current vs Lagged Prices |
| Timeline |
Stora Enso Lagged Returns
When evaluating Stora Enso's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Stora Enso stock have on its future price. Stora Enso 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, Stora Enso autocorrelation shows the relationship between Stora Enso stock current value and its past values and can show if there is a momentum factor associated with investing in Stora Enso Oyj.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Stora Stock Analysis
When running Stora Enso's price analysis, check to measure Stora Enso'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 Stora Enso is operating at the current time. Most of Stora Enso's value examination focuses on studying past and present price action to predict the probability of Stora Enso's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Stora Enso's price. Additionally, you may evaluate how the addition of Stora Enso to your portfolios can decrease your overall portfolio volatility.