Zwipe AS (Sweden) Market Value
| ZWIPE Stock | 0.30 0.15 100.00% |
| Symbol | Zwipe |
Zwipe AS '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 Zwipe AS'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 Zwipe AS.
| 01/16/2023 |
| 01/05/2025 |
If you would invest 0.00 in Zwipe AS on January 16, 2023 and sell it all today you would earn a total of 0.00 from holding Zwipe AS or generate 0.0% return on investment in Zwipe AS over 720 days.
Zwipe AS 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 Zwipe AS'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 Zwipe AS upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 13.46 | |||
| Information Ratio | 0.0714 | |||
| Maximum Drawdown | 98.67 | |||
| Value At Risk | (20.00) | |||
| Potential Upside | 43.75 |
Zwipe AS Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Zwipe AS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Zwipe AS's standard deviation. In reality, there are many statistical measures that can use Zwipe AS historical prices to predict the future Zwipe AS's volatility.| Risk Adjusted Performance | 0.0684 | |||
| Jensen Alpha | 1.38 | |||
| Total Risk Alpha | 1.11 | |||
| Sortino Ratio | 0.1039 | |||
| Treynor Ratio | 0.5117 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Zwipe AS's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Zwipe AS Backtested Returns
Zwipe AS appears to be out of control, given 3 months investment horizon. Zwipe AS shows Sharpe Ratio of 0.0126, which attests that the company had a 0.0126% return per unit of risk over the last 3 months. We have found thirty technical indicators for Zwipe AS, which you can use to evaluate the volatility of the company. Please utilize Zwipe AS's Market Risk Adjusted Performance of 0.5217, downside deviation of 13.46, and Mean Deviation of 11.04 to validate if our risk estimates are consistent with your expectations. The firm maintains a market beta of 2.76, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Zwipe AS will likely underperform. Please check Zwipe AS's treynor ratio, kurtosis, period momentum indicator, as well as the relationship between the downside variance and day median price , to make a quick decision on whether Zwipe AS's historical returns will revert.
Auto-correlation | 0.74 |
Good predictability
Zwipe AS has good predictability. Overlapping area represents the amount of predictability between Zwipe AS time series from 16th of January 2023 to 11th of January 2024 and 11th of January 2024 to 5th of January 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 Zwipe AS price movement. The serial correlation of 0.74 indicates that around 74.0% of current Zwipe AS price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.74 | |
| Spearman Rank Test | 0.73 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Zwipe AS lagged returns against current returns
Autocorrelation, which is Zwipe AS 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 Zwipe AS's stock expected returns. We can calculate the autocorrelation of Zwipe AS returns to help us make a trade decision. For example, suppose you find that Zwipe AS 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 |
Zwipe AS 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 Zwipe AS stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Zwipe AS stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Zwipe AS stock over time.
Current vs Lagged Prices |
| Timeline |
Zwipe AS Lagged Returns
When evaluating Zwipe AS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Zwipe AS stock have on its future price. Zwipe AS 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, Zwipe AS autocorrelation shows the relationship between Zwipe AS stock current value and its past values and can show if there is a momentum factor associated with investing in Zwipe AS.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Zwipe Stock Analysis
When running Zwipe AS's price analysis, check to measure Zwipe AS'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 Zwipe AS is operating at the current time. Most of Zwipe AS's value examination focuses on studying past and present price action to predict the probability of Zwipe AS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zwipe AS's price. Additionally, you may evaluate how the addition of Zwipe AS to your portfolios can decrease your overall portfolio volatility.