Wallenstam (Sweden) Market Value
| WALL-B Stock | SEK 43.36 1.08 2.55% |
| Symbol | Wallenstam |
Wallenstam '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 Wallenstam'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 Wallenstam.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Wallenstam on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Wallenstam AB or generate 0.0% return on investment in Wallenstam over 90 days. Wallenstam is related to or competes with Fabege AB, Fastighets, Hufvudstaden, Castellum, and Wihlborgs Fastigheter. Wallenstam AB develops, builds, buys, sells, and manages residential and commercial properties for people and businesses... More
Wallenstam 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 Wallenstam'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 Wallenstam AB upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 7.26 | |||
| Value At Risk | (3.15) | |||
| Potential Upside | 2.55 |
Wallenstam Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wallenstam's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wallenstam's standard deviation. In reality, there are many statistical measures that can use Wallenstam historical prices to predict the future Wallenstam's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | 0.0211 | |||
| Treynor Ratio | (0.71) |
Wallenstam AB Backtested Returns
Wallenstam AB shows Sharpe Ratio of -0.088, which attests that the company had a -0.088 % return per unit of risk over the last 3 months. Wallenstam AB exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Wallenstam's Mean Deviation of 1.34, standard deviation of 1.66, and Market Risk Adjusted Performance of (0.70) to validate the risk estimate we provide. The firm maintains a market beta of 0.26, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Wallenstam's returns are expected to increase less than the market. However, during the bear market, the loss of holding Wallenstam is expected to be smaller as well. At this point, Wallenstam AB has a negative expected return of -0.15%. Please make sure to check out Wallenstam's treynor ratio, value at risk, skewness, as well as the relationship between the maximum drawdown and potential upside , to decide if Wallenstam AB performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.16 |
Insignificant reverse predictability
Wallenstam AB has insignificant reverse predictability. Overlapping area represents the amount of predictability between Wallenstam time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 Wallenstam AB price movement. The serial correlation of -0.16 indicates that over 16.0% of current Wallenstam price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.16 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 4.35 |
Wallenstam AB lagged returns against current returns
Autocorrelation, which is Wallenstam 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 Wallenstam's stock expected returns. We can calculate the autocorrelation of Wallenstam returns to help us make a trade decision. For example, suppose you find that Wallenstam 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 |
Wallenstam 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 Wallenstam stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wallenstam stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Wallenstam stock over time.
Current vs Lagged Prices |
| Timeline |
Wallenstam Lagged Returns
When evaluating Wallenstam's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wallenstam stock have on its future price. Wallenstam 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, Wallenstam autocorrelation shows the relationship between Wallenstam stock current value and its past values and can show if there is a momentum factor associated with investing in Wallenstam AB.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Wallenstam Stock
Wallenstam financial ratios help investors to determine whether Wallenstam 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 Wallenstam with respect to the benefits of owning Wallenstam security.