Zaplox AB (Sweden) Market Value
| ZAPLOX Stock | SEK 1.03 0.03 2.83% |
| Symbol | Zaplox |
Zaplox 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 Zaplox AB'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 Zaplox AB.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Zaplox AB on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Zaplox AB or generate 0.0% return on investment in Zaplox AB over 90 days. Zaplox AB is related to or competes with Sprint Bioscience. Zaplox AB provides mobile key solutions for the hospitality industry worldwide More
Zaplox 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 Zaplox AB'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 Zaplox AB upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.08 | |||
| Information Ratio | 0.0329 | |||
| Maximum Drawdown | 35.34 | |||
| Value At Risk | (9.09) | |||
| Potential Upside | 11.11 |
Zaplox AB Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Zaplox AB's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Zaplox AB's standard deviation. In reality, there are many statistical measures that can use Zaplox AB historical prices to predict the future Zaplox AB's volatility.| Risk Adjusted Performance | 0.0238 | |||
| Jensen Alpha | 0.1509 | |||
| Total Risk Alpha | 0.8984 | |||
| Sortino Ratio | 0.0345 | |||
| Treynor Ratio | 0.2192 |
Zaplox AB Backtested Returns
Zaplox AB appears to be abnormally volatile, given 3 months investment horizon. Zaplox AB shows Sharpe Ratio of 0.0383, which attests that the company had a 0.0383 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Zaplox AB, which you can use to evaluate the volatility of the company. Please utilize Zaplox AB's Downside Deviation of 6.08, mean deviation of 4.56, and Market Risk Adjusted Performance of 0.2292 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Zaplox AB holds a performance score of 3. The firm maintains a market beta of 0.46, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Zaplox AB's returns are expected to increase less than the market. However, during the bear market, the loss of holding Zaplox AB is expected to be smaller as well. Please check Zaplox AB's potential upside, as well as the relationship between the kurtosis and day typical price , to make a quick decision on whether Zaplox AB's historical returns will revert.
Auto-correlation | -0.2 |
Insignificant reverse predictability
Zaplox AB has insignificant reverse predictability. Overlapping area represents the amount of predictability between Zaplox AB time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 Zaplox AB price movement. The serial correlation of -0.2 indicates that over 20.0% of current Zaplox AB price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.2 | |
| Spearman Rank Test | -0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Zaplox AB lagged returns against current returns
Autocorrelation, which is Zaplox AB 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 Zaplox AB's stock expected returns. We can calculate the autocorrelation of Zaplox AB returns to help us make a trade decision. For example, suppose you find that Zaplox AB 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 |
Zaplox 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 Zaplox AB stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Zaplox AB stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Zaplox AB stock over time.
Current vs Lagged Prices |
| Timeline |
Zaplox AB Lagged Returns
When evaluating Zaplox AB's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Zaplox AB stock have on its future price. Zaplox 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, Zaplox AB autocorrelation shows the relationship between Zaplox AB stock current value and its past values and can show if there is a momentum factor associated with investing in Zaplox AB.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Zaplox Stock
Zaplox AB financial ratios help investors to determine whether Zaplox 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 Zaplox with respect to the benefits of owning Zaplox AB security.