Volvo Ab Adr Stock Market Value

VLVLY Stock  USD 25.83  0.05  0.19%   
Volvo AB's market value is the price at which a share of Volvo AB trades on a public exchange. It measures the collective expectations of Volvo AB ADR investors about its performance. Volvo AB is trading at 25.83 as of the 11th of December 2024; that is 0.19% down since the beginning of the trading day. The stock's open price was 25.88.
With this module, you can estimate the performance of a buy and hold strategy of Volvo AB ADR and determine expected loss or profit from investing in Volvo AB over a given investment horizon. Check out Volvo AB Correlation, Volvo AB Volatility and Volvo AB Alpha and Beta module to complement your research on Volvo AB.
Symbol

Please note, there is a significant difference between Volvo AB's value and its price as these two are different measures arrived at by different means. Investors typically determine if Volvo AB is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Volvo AB'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.

Volvo AB '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 Volvo AB's pink sheet 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 Volvo AB.
0.00
11/11/2024
No Change 0.00  0.0 
In 31 days
12/11/2024
0.00
If you would invest  0.00  in Volvo AB on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding Volvo AB ADR or generate 0.0% return on investment in Volvo AB over 30 days. Volvo AB is related to or competes with HUMANA, Barloworld, Morningstar Unconstrained, Thrivent High, High Yield, Via Renewables, and CARPENTER. AB Volvo , together with its subsidiaries, manufactures and sells trucks, buses, construction equipment, and marine and ... More

Volvo AB 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 Volvo AB's pink sheet 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 Volvo AB ADR upside and downside potential and time the market with a certain degree of confidence.

Volvo AB Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Volvo AB's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Volvo AB's standard deviation. In reality, there are many statistical measures that can use Volvo AB historical prices to predict the future Volvo AB's volatility.
Hype
Prediction
LowEstimatedHigh
24.3325.9627.59
Details
Intrinsic
Valuation
LowRealHigh
24.2225.8527.48
Details
Naive
Forecast
LowNextHigh
26.0027.6329.26
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
23.6225.1626.71
Details

Volvo AB ADR Backtested Returns

At this stage we consider Volvo Pink Sheet to be very steady. Volvo AB ADR owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0625, which indicates the firm had a 0.0625% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Volvo AB ADR, which you can use to evaluate the volatility of the company. Please validate Volvo AB's Coefficient Of Variation of 1690.22, risk adjusted performance of 0.0483, and Semi Deviation of 1.2 to confirm if the risk estimate we provide is consistent with the expected return of 0.1%. Volvo AB has a performance score of 4 on a scale of 0 to 100. The entity has a beta of 0.35, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Volvo AB's returns are expected to increase less than the market. However, during the bear market, the loss of holding Volvo AB is expected to be smaller as well. Volvo AB ADR right now has a risk of 1.63%. Please validate Volvo AB value at risk, as well as the relationship between the kurtosis and market facilitation index , to decide if Volvo AB will be following its existing price patterns.

Auto-correlation

    
  -0.9  

Excellent reverse predictability

Volvo AB ADR has excellent reverse predictability. Overlapping area represents the amount of predictability between Volvo AB time series from 11th of November 2024 to 26th of November 2024 and 26th of November 2024 to 11th 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 Volvo AB ADR price movement. The serial correlation of -0.9 indicates that approximately 90.0% of current Volvo AB price fluctuation can be explain by its past prices.
Correlation Coefficient-0.9
Spearman Rank Test-0.59
Residual Average0.0
Price Variance0.45

Volvo AB ADR lagged returns against current returns

Autocorrelation, which is Volvo AB pink sheet'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 Volvo AB's pink sheet expected returns. We can calculate the autocorrelation of Volvo AB returns to help us make a trade decision. For example, suppose you find that Volvo AB has exhibited high autocorrelation historically, and you observe that the pink sheet 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  

Volvo AB 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 Volvo AB pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Volvo AB pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Volvo AB pink sheet over time.
   Current vs Lagged Prices   
       Timeline  

Volvo AB Lagged Returns

When evaluating Volvo AB's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Volvo AB pink sheet have on its future price. Volvo AB 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, Volvo AB autocorrelation shows the relationship between Volvo AB pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Volvo AB ADR.
   Regressed Prices   
       Timeline  

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Volvo Pink Sheet Analysis

When running Volvo AB's price analysis, check to measure Volvo AB'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 Volvo AB is operating at the current time. Most of Volvo AB's value examination focuses on studying past and present price action to predict the probability of Volvo AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Volvo AB's price. Additionally, you may evaluate how the addition of Volvo AB to your portfolios can decrease your overall portfolio volatility.