Upsales Technology (Sweden) Market Value
| UPSALE Stock | SEK 31.60 0.20 0.63% |
| Symbol | Upsales |
Upsales Technology '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 Upsales Technology'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 Upsales Technology.
| 06/03/2024 |
| 11/30/2024 |
If you would invest 0.00 in Upsales Technology on June 3, 2024 and sell it all today you would earn a total of 0.00 from holding Upsales Technology AB or generate 0.0% return on investment in Upsales Technology over 180 days. Upsales Technology is related to or competes with Lime Technologies, FormPipe Software, Surgical Science, Vitec Software, and Teqnion AB. Upsales Technology AB develops, markets, and sells a cloud-based software and software-as-a-service for CRM, marketing a... More
Upsales Technology 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 Upsales Technology'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 Upsales Technology AB upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 10.45 | |||
| Value At Risk | (3.36) | |||
| Potential Upside | 3.64 |
Upsales Technology Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Upsales Technology's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Upsales Technology's standard deviation. In reality, there are many statistical measures that can use Upsales Technology historical prices to predict the future Upsales Technology's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | (0.54) | |||
| Treynor Ratio | (1.04) |
Upsales Technology Backtested Returns
Upsales Technology owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.095, which indicates the firm had a -0.095% return per unit of risk over the last 3 months. Upsales Technology AB exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Upsales Technology's Variance of 4.56, risk adjusted performance of (0.06), and Coefficient Of Variation of (1,220) to confirm the risk estimate we provide. The entity has a beta of 0.18, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Upsales Technology's returns are expected to increase less than the market. However, during the bear market, the loss of holding Upsales Technology is expected to be smaller as well. At this point, Upsales Technology has a negative expected return of -0.2%. Please make sure to validate Upsales Technology's accumulation distribution, as well as the relationship between the day typical price and relative strength index , to decide if Upsales Technology performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.16 |
Very weak predictability
Upsales Technology AB has very weak predictability. Overlapping area represents the amount of predictability between Upsales Technology time series from 3rd of June 2024 to 1st of September 2024 and 1st of September 2024 to 30th of November 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 Upsales Technology price movement. The serial correlation of 0.16 indicates that over 16.0% of current Upsales Technology price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.16 | |
| Spearman Rank Test | 0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 5.92 |
Upsales Technology lagged returns against current returns
Autocorrelation, which is Upsales Technology 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 Upsales Technology's stock expected returns. We can calculate the autocorrelation of Upsales Technology returns to help us make a trade decision. For example, suppose you find that Upsales Technology 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 |
Upsales Technology 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 Upsales Technology stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Upsales Technology stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Upsales Technology stock over time.
Current vs Lagged Prices |
| Timeline |
Upsales Technology Lagged Returns
When evaluating Upsales Technology's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Upsales Technology stock have on its future price. Upsales Technology 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, Upsales Technology autocorrelation shows the relationship between Upsales Technology stock current value and its past values and can show if there is a momentum factor associated with investing in Upsales Technology AB.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Upsales Stock
Upsales Technology financial ratios help investors to determine whether Upsales 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 Upsales with respect to the benefits of owning Upsales Technology security.