Systemair (Sweden) Market Value
| SYSR Stock | SEK 91.50 0.20 0.22% |
| Symbol | Systemair |
Systemair '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 Systemair'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 Systemair.
| 12/12/2022 |
| 12/01/2024 |
If you would invest 0.00 in Systemair on December 12, 2022 and sell it all today you would earn a total of 0.00 from holding Systemair AB or generate 0.0% return on investment in Systemair over 720 days. Systemair is related to or competes with Lindab International, Nolato AB, Sweco AB, Troax Group, and Bufab Holding. Systemair AB , a ventilation company, designs, develops, manufactures, and markets ventilation products and systems More
Systemair 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 Systemair'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 Systemair AB upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.54 | |||
| Information Ratio | 0.0549 | |||
| Maximum Drawdown | 10.39 | |||
| Value At Risk | (2.21) | |||
| Potential Upside | 3.02 |
Systemair Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Systemair's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Systemair's standard deviation. In reality, there are many statistical measures that can use Systemair historical prices to predict the future Systemair's volatility.| Risk Adjusted Performance | 0.1044 | |||
| Jensen Alpha | 0.2618 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | 0.0662 | |||
| Treynor Ratio | (0.91) |
Systemair AB Backtested Returns
Systemair appears to be very steady, given 3 months investment horizon. Systemair AB 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 Systemair AB, which you can use to evaluate the volatility of the company. Please review Systemair's Coefficient Of Variation of 775.64, risk adjusted performance of 0.1044, and Semi Deviation of 1.31 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Systemair holds a performance score of 9. The entity has a beta of -0.25, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Systemair are expected to decrease at a much lower rate. During the bear market, Systemair is likely to outperform the market. Please check Systemair's treynor ratio, value at risk, downside variance, as well as the relationship between the maximum drawdown and potential upside , to make a quick decision on whether Systemair's existing price patterns will revert.
Auto-correlation | -0.44 |
Modest reverse predictability
Systemair AB has modest reverse predictability. Overlapping area represents the amount of predictability between Systemair time series from 12th of December 2022 to 7th of December 2023 and 7th of December 2023 to 1st 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 Systemair AB price movement. The serial correlation of -0.44 indicates that just about 44.0% of current Systemair price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.44 | |
| Spearman Rank Test | -0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 29.77 |
Systemair AB lagged returns against current returns
Autocorrelation, which is Systemair 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 Systemair's stock expected returns. We can calculate the autocorrelation of Systemair returns to help us make a trade decision. For example, suppose you find that Systemair 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 |
Systemair 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 Systemair stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Systemair stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Systemair stock over time.
Current vs Lagged Prices |
| Timeline |
Systemair Lagged Returns
When evaluating Systemair's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Systemair stock have on its future price. Systemair 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, Systemair autocorrelation shows the relationship between Systemair stock current value and its past values and can show if there is a momentum factor associated with investing in Systemair AB.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Systemair Stock Analysis
When running Systemair's price analysis, check to measure Systemair'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 Systemair is operating at the current time. Most of Systemair's value examination focuses on studying past and present price action to predict the probability of Systemair's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Systemair's price. Additionally, you may evaluate how the addition of Systemair to your portfolios can decrease your overall portfolio volatility.