Svenska Handelsbanken's market value is the price at which a share of Svenska Handelsbanken trades on a public exchange. It measures the collective expectations of Svenska Handelsbanken AB investors about its performance. Svenska Handelsbanken is trading at 13.88 as of the 6th of January 2025. This is a 4.75% up since the beginning of the trading day. The stock's lowest day price was 13.13. With this module, you can estimate the performance of a buy and hold strategy of Svenska Handelsbanken AB and determine expected loss or profit from investing in Svenska Handelsbanken over a given investment horizon. Check out Svenska Handelsbanken Correlation, Svenska Handelsbanken Volatility and Svenska Handelsbanken Alpha and Beta module to complement your research on Svenska Handelsbanken.
Please note, there is a significant difference between Svenska Handelsbanken's value and its price as these two are different measures arrived at by different means. Investors typically determine if Svenska Handelsbanken is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Svenska Handelsbanken'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.
Svenska Handelsbanken '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 Svenska Handelsbanken'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 Svenska Handelsbanken.
0.00
11/13/2023
No Change 0.00
0.0
In 1 year 1 month and 25 days
01/06/2025
0.00
If you would invest 0.00 in Svenska Handelsbanken on November 13, 2023 and sell it all today you would earn a total of 0.00 from holding Svenska Handelsbanken AB or generate 0.0% return on investment in Svenska Handelsbanken over 420 days. Svenska Handelsbanken is related to or competes with Zoom Video, Digilife Technologies, AAC TECHNOLOGHLDGADR, COMPUTERSHARE, Bio-Techne Corp, and INTERSHOP Communications. Svenska Handelsbanken AB provides various banking products and services for private and corporate customers primarily in... More
Svenska Handelsbanken 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 Svenska Handelsbanken'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 Svenska Handelsbanken AB upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Svenska Handelsbanken's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Svenska Handelsbanken's standard deviation. In reality, there are many statistical measures that can use Svenska Handelsbanken historical prices to predict the future Svenska Handelsbanken's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Svenska Handelsbanken. Your research has to be compared to or analyzed against Svenska Handelsbanken's peers to derive any actionable benefits. When done correctly, Svenska Handelsbanken's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Svenska Handelsbanken.
Svenska Handelsbanken Backtested Returns
Svenska Handelsbanken appears to be not too volatile, given 3 months investment horizon. Svenska Handelsbanken owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.2, which indicates the firm had a 0.2% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Svenska Handelsbanken AB, which you can use to evaluate the volatility of the company. Please review Svenska Handelsbanken's Risk Adjusted Performance of 0.1687, semi deviation of 0.7306, and Coefficient Of Variation of 496.99 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Svenska Handelsbanken holds a performance score of 15. The entity has a beta of -0.0901, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Svenska Handelsbanken are expected to decrease at a much lower rate. During the bear market, Svenska Handelsbanken is likely to outperform the market. Please check Svenska Handelsbanken's downside deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Svenska Handelsbanken's existing price patterns will revert.
Auto-correlation
0.82
Very good predictability
Svenska Handelsbanken AB has very good predictability. Overlapping area represents the amount of predictability between Svenska Handelsbanken time series from 13th of November 2023 to 10th of June 2024 and 10th of June 2024 to 6th of January 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 Svenska Handelsbanken price movement. The serial correlation of 0.82 indicates that around 82.0% of current Svenska Handelsbanken price fluctuation can be explain by its past prices.
Correlation Coefficient
0.82
Spearman Rank Test
0.82
Residual Average
0.0
Price Variance
0.58
Svenska Handelsbanken lagged returns against current returns
Autocorrelation, which is Svenska Handelsbanken 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 Svenska Handelsbanken's stock expected returns. We can calculate the autocorrelation of Svenska Handelsbanken returns to help us make a trade decision. For example, suppose you find that Svenska Handelsbanken 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
Svenska Handelsbanken 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 Svenska Handelsbanken stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Svenska Handelsbanken stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Svenska Handelsbanken stock over time.
Current vs Lagged Prices
Timeline
Svenska Handelsbanken Lagged Returns
When evaluating Svenska Handelsbanken's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Svenska Handelsbanken stock have on its future price. Svenska Handelsbanken 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, Svenska Handelsbanken autocorrelation shows the relationship between Svenska Handelsbanken stock current value and its past values and can show if there is a momentum factor associated with investing in Svenska Handelsbanken AB.
Svenska Handelsbanken financial ratios help investors to determine whether Svenska Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Svenska with respect to the benefits of owning Svenska Handelsbanken security.