VOLVO B (Germany) Market Value
| VOL4 Stock | EUR 27.60 1.00 3.50% |
| Symbol | VOLVO |
VOLVO B '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 B'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 VOLVO B.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in VOLVO B on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding VOLVO B UNSPADR or generate 0.0% return on investment in VOLVO B over 90 days. VOLVO B is related to or competes with Scottish Mortgage, PennantPark Investment, Sixt Leasing, PennyMac Mortgage, and AGNC INVESTMENT. AB Volvo , together with its subsidiaries, manufactures and sells trucks, buses, construction equipment, and marine and ... More
VOLVO B 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 B'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 VOLVO B UNSPADR upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.21 | |||
| Information Ratio | 0.1627 | |||
| Maximum Drawdown | 11.6 | |||
| Value At Risk | (3.50) | |||
| Potential Upside | 2.76 |
VOLVO B Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for VOLVO B's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as VOLVO B's standard deviation. In reality, there are many statistical measures that can use VOLVO B historical prices to predict the future VOLVO B's volatility.| Risk Adjusted Performance | 0.1007 | |||
| Jensen Alpha | 0.2098 | |||
| Total Risk Alpha | 0.4272 | |||
| Sortino Ratio | 0.1372 | |||
| Treynor Ratio | 1.33 |
VOLVO B UNSPADR Backtested Returns
VOLVO B appears to be very steady, given 3 months investment horizon. VOLVO B UNSPADR owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates the firm had a 0.13 % return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for VOLVO B UNSPADR, which you can use to evaluate the volatility of the company. Please review VOLVO B's coefficient of variation of 912.87, and Risk Adjusted Performance of 0.1007 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, VOLVO B holds a performance score of 10. The entity has a beta of 0.15, which indicates not very significant fluctuations relative to the market. As returns on the market increase, VOLVO B's returns are expected to increase less than the market. However, during the bear market, the loss of holding VOLVO B is expected to be smaller as well. Please check VOLVO B's sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to make a quick decision on whether VOLVO B's existing price patterns will revert.
Auto-correlation | 0.67 |
Good predictability
VOLVO B UNSPADR has good predictability. Overlapping area represents the amount of predictability between VOLVO B time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th 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 VOLVO B UNSPADR price movement. The serial correlation of 0.67 indicates that around 67.0% of current VOLVO B price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.67 | |
| Spearman Rank Test | 0.65 | |
| Residual Average | 0.0 | |
| Price Variance | 1.92 |
VOLVO B UNSPADR lagged returns against current returns
Autocorrelation, which is VOLVO B 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 VOLVO B's stock expected returns. We can calculate the autocorrelation of VOLVO B returns to help us make a trade decision. For example, suppose you find that VOLVO B 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 |
VOLVO B 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 B stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if VOLVO B stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in VOLVO B stock over time.
Current vs Lagged Prices |
| Timeline |
VOLVO B Lagged Returns
When evaluating VOLVO B's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of VOLVO B stock have on its future price. VOLVO B 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 B autocorrelation shows the relationship between VOLVO B stock current value and its past values and can show if there is a momentum factor associated with investing in VOLVO B UNSPADR.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in VOLVO Stock
VOLVO B financial ratios help investors to determine whether VOLVO 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 VOLVO with respect to the benefits of owning VOLVO B security.