Alelion Energy (Sweden) Market Value
| ALELIO Stock | SEK 0.05 0.00 0.00% |
| Symbol | Alelion |
Alelion Energy '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 Alelion Energy'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 Alelion Energy.
| 04/03/2024 |
| 05/03/2024 |
If you would invest 0.00 in Alelion Energy on April 3, 2024 and sell it all today you would earn a total of 0.00 from holding Alelion Energy Systems or generate 0.0% return on investment in Alelion Energy over 30 days. Alelion Energy is related to or competes with Ranplan, Hoylu AB, Divio Technologies, XMReality, and Artificial Solutions. Alelion Energy Systems AB manufactures and sells lithium-ion batteries for forklifts and industrial applications More
Alelion Energy 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 Alelion Energy'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 Alelion Energy Systems upside and downside potential and time the market with a certain degree of confidence.
Alelion Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Alelion Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Alelion Energy's standard deviation. In reality, there are many statistical measures that can use Alelion Energy historical prices to predict the future Alelion Energy's volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Alelion Energy'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.
Alelion Energy Systems Backtested Returns
We have found three technical indicators for Alelion Energy Systems, which you can use to evaluate the volatility of the firm. The firm shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and Alelion Energy are completely uncorrelated.
Auto-correlation | 1.00 |
Perfect predictability
Alelion Energy Systems has perfect predictability. Overlapping area represents the amount of predictability between Alelion Energy time series from 3rd of April 2024 to 18th of April 2024 and 18th of April 2024 to 3rd of May 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 Alelion Energy Systems price movement. The serial correlation of 1.0 indicates that 100.0% of current Alelion Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 1.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Alelion Energy Systems lagged returns against current returns
Autocorrelation, which is Alelion Energy 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 Alelion Energy's stock expected returns. We can calculate the autocorrelation of Alelion Energy returns to help us make a trade decision. For example, suppose you find that Alelion Energy 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 |
Alelion Energy 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 Alelion Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Alelion Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Alelion Energy stock over time.
Current vs Lagged Prices |
| Timeline |
Alelion Energy Lagged Returns
When evaluating Alelion Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Alelion Energy stock have on its future price. Alelion Energy 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, Alelion Energy autocorrelation shows the relationship between Alelion Energy stock current value and its past values and can show if there is a momentum factor associated with investing in Alelion Energy Systems.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Alelion Energy in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Alelion Energy's short interest history, or implied volatility extrapolated from Alelion Energy options trading.
Pair Trading with Alelion Energy
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Alelion Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Alelion Energy will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Alelion Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Alelion Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Alelion Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Alelion Energy Systems to buy it.
The correlation of Alelion Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Alelion Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alelion Energy Systems moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Alelion Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Alelion Energy Correlation, Alelion Energy Volatility and Alelion Energy Alpha and Beta module to complement your research on Alelion Energy. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Alelion Stock analysis
When running Alelion Energy's price analysis, check to measure Alelion Energy'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 Alelion Energy is operating at the current time. Most of Alelion Energy's value examination focuses on studying past and present price action to predict the probability of Alelion Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alelion Energy's price. Additionally, you may evaluate how the addition of Alelion Energy to your portfolios can decrease your overall portfolio volatility.
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Alelion Energy technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.