Trelleborg (Sweden) Market Value
| TREL-B Stock | SEK 430.80 6.20 1.46% |
| Symbol | Trelleborg |
Trelleborg '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 Trelleborg'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 Trelleborg.
| 11/20/2024 |
| 02/18/2025 |
If you would invest 0.00 in Trelleborg on November 20, 2024 and sell it all today you would earn a total of 0.00 from holding Trelleborg AB or generate 0.0% return on investment in Trelleborg over 90 days. Trelleborg is related to or competes with AB SKF, Sandvik AB, Alfa Laval, Husqvarna, and Skanska AB. Trelleborg AB develops, manufactures, and sells engineered polymer solutions for seal, damp, and protect critical applic... More
Trelleborg 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 Trelleborg'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 Trelleborg AB upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.19 | |||
| Information Ratio | 0.164 | |||
| Maximum Drawdown | 6.55 | |||
| Value At Risk | (1.65) | |||
| Potential Upside | 2.27 |
Trelleborg Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Trelleborg's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Trelleborg's standard deviation. In reality, there are many statistical measures that can use Trelleborg historical prices to predict the future Trelleborg's volatility.| Risk Adjusted Performance | 0.1267 | |||
| Jensen Alpha | 0.2249 | |||
| Total Risk Alpha | 0.2229 | |||
| Sortino Ratio | 0.1883 | |||
| Treynor Ratio | 2.18 |
Trelleborg AB Backtested Returns
Trelleborg appears to be very steady, given 3 months investment horizon. Trelleborg AB owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.28, which indicates the firm had a 0.28 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Trelleborg AB, which you can use to evaluate the volatility of the company. Please review Trelleborg's Semi Deviation of 0.9442, coefficient of variation of 581.08, and Risk Adjusted Performance of 0.1267 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Trelleborg holds a performance score of 21. The entity has a beta of 0.1, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Trelleborg's returns are expected to increase less than the market. However, during the bear market, the loss of holding Trelleborg is expected to be smaller as well. Please check Trelleborg'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 Trelleborg's existing price patterns will revert.
Auto-correlation | 0.76 |
Good predictability
Trelleborg AB has good predictability. Overlapping area represents the amount of predictability between Trelleborg time series from 20th of November 2024 to 4th of January 2025 and 4th of January 2025 to 18th 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 Trelleborg AB price movement. The serial correlation of 0.76 indicates that around 76.0% of current Trelleborg price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.76 | |
| Spearman Rank Test | 0.63 | |
| Residual Average | 0.0 | |
| Price Variance | 138.12 |
Trelleborg AB lagged returns against current returns
Autocorrelation, which is Trelleborg 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 Trelleborg's stock expected returns. We can calculate the autocorrelation of Trelleborg returns to help us make a trade decision. For example, suppose you find that Trelleborg 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 |
Trelleborg 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 Trelleborg stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Trelleborg stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Trelleborg stock over time.
Current vs Lagged Prices |
| Timeline |
Trelleborg Lagged Returns
When evaluating Trelleborg's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Trelleborg stock have on its future price. Trelleborg 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, Trelleborg autocorrelation shows the relationship between Trelleborg stock current value and its past values and can show if there is a momentum factor associated with investing in Trelleborg AB.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Trelleborg Stock
Trelleborg financial ratios help investors to determine whether Trelleborg 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 Trelleborg with respect to the benefits of owning Trelleborg security.