Vimian Group (Sweden) Market Value
| VIMIAN Stock | 37.90 1.60 4.05% |
| Symbol | Vimian |
Vimian Group '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 Vimian Group'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 Vimian Group.
| 12/18/2024 |
| 03/18/2025 |
If you would invest 0.00 in Vimian Group on December 18, 2024 and sell it all today you would earn a total of 0.00 from holding Vimian Group AB or generate 0.0% return on investment in Vimian Group over 90 days. Vimian Group is related to or competes with Swedencare Publ, Beijer Ref, Troax Group, Cint Group, and Storskogen Group. More
Vimian Group 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 Vimian Group'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 Vimian Group AB upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 17.51 | |||
| Value At Risk | (4.18) | |||
| Potential Upside | 3.8 |
Vimian Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vimian Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vimian Group's standard deviation. In reality, there are many statistical measures that can use Vimian Group historical prices to predict the future Vimian Group's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | 0.1317 | |||
| Treynor Ratio | (0.33) |
Vimian Group AB Backtested Returns
Vimian Group AB owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0523, which indicates the firm had a -0.0523 % return per unit of risk over the last 3 months. Vimian Group AB exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Vimian Group's Coefficient Of Variation of (1,910), risk adjusted performance of (0.04), and Variance of 7.67 to confirm the risk estimate we provide. The entity has a beta of 0.46, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Vimian Group's returns are expected to increase less than the market. However, during the bear market, the loss of holding Vimian Group is expected to be smaller as well. At this point, Vimian Group AB has a negative expected return of -0.14%. Please make sure to validate Vimian Group's accumulation distribution, and the relationship between the potential upside and day median price , to decide if Vimian Group AB performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.68 |
Very good reverse predictability
Vimian Group AB has very good reverse predictability. Overlapping area represents the amount of predictability between Vimian Group time series from 18th of December 2024 to 1st of February 2025 and 1st of February 2025 to 18th of March 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 Vimian Group AB price movement. The serial correlation of -0.68 indicates that around 68.0% of current Vimian Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.68 | |
| Spearman Rank Test | -0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 10.13 |
Vimian Group AB lagged returns against current returns
Autocorrelation, which is Vimian Group 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 Vimian Group's stock expected returns. We can calculate the autocorrelation of Vimian Group returns to help us make a trade decision. For example, suppose you find that Vimian Group 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 |
Vimian Group 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 Vimian Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vimian Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vimian Group stock over time.
Current vs Lagged Prices |
| Timeline |
Vimian Group Lagged Returns
When evaluating Vimian Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vimian Group stock have on its future price. Vimian Group 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, Vimian Group autocorrelation shows the relationship between Vimian Group stock current value and its past values and can show if there is a momentum factor associated with investing in Vimian Group AB.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Vimian Stock
Vimian Group financial ratios help investors to determine whether Vimian 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 Vimian with respect to the benefits of owning Vimian Group security.