Skane Mollan (Sweden) Market Value
| SKMO Stock | SEK 60.00 0.20 0.33% |
| Symbol | Skane |
Skane Mollan '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 Skane Mollan'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 Skane Mollan.
| 03/05/2024 |
| 05/04/2024 |
If you would invest 0.00 in Skane Mollan on March 5, 2024 and sell it all today you would earn a total of 0.00 from holding Skane mollan AB or generate 0.0% return on investment in Skane Mollan over 60 days. Skane Mollan is related to or competes with Castellum, Tele2 AB, Investor, Kinnevik Investment, and Avanza Bank. Skne-mllan AB produces and sells flour and cereal products to bakeries, food industries, and consumers in Sweden More
Skane Mollan 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 Skane Mollan'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 Skane mollan AB upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.35 | |||
| Information Ratio | 0.0227 | |||
| Maximum Drawdown | 19.35 | |||
| Value At Risk | (5.74) | |||
| Potential Upside | 8.61 |
Skane Mollan Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Skane Mollan's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Skane Mollan's standard deviation. In reality, there are many statistical measures that can use Skane Mollan historical prices to predict the future Skane Mollan's volatility.| Risk Adjusted Performance | 0.0346 | |||
| Jensen Alpha | 0.2137 | |||
| Total Risk Alpha | (0.30) | |||
| Sortino Ratio | 0.0223 | |||
| Treynor Ratio | (0.24) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Skane Mollan'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.
Skane mollan AB Backtested Returns
We consider Skane Mollan very steady. Skane mollan AB owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.036, which indicates the firm had a 0.036% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Skane mollan AB, which you can use to evaluate the volatility of the company. Please validate Skane Mollan's Risk Adjusted Performance of 0.0346, coefficient of variation of 2421.56, and Semi Deviation of 3.69 to confirm if the risk estimate we provide is consistent with the expected return of 0.16%. Skane Mollan has a performance score of 2 on a scale of 0 to 100. The entity has a beta of -0.68, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Skane Mollan are expected to decrease at a much lower rate. During the bear market, Skane Mollan is likely to outperform the market. Skane mollan AB right now has a risk of 4.34%. Please validate Skane Mollan coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to decide if Skane Mollan will be following its existing price patterns.
Auto-correlation | 0.00 |
No correlation between past and present
Skane mollan AB has no correlation between past and present. Overlapping area represents the amount of predictability between Skane Mollan time series from 5th of March 2024 to 4th of April 2024 and 4th of April 2024 to 4th 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 Skane mollan AB price movement. The serial correlation of 0.0 indicates that just 0.0% of current Skane Mollan price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 2.38 |
Skane mollan AB lagged returns against current returns
Autocorrelation, which is Skane Mollan 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 Skane Mollan's stock expected returns. We can calculate the autocorrelation of Skane Mollan returns to help us make a trade decision. For example, suppose you find that Skane Mollan 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 |
Skane Mollan 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 Skane Mollan stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Skane Mollan stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Skane Mollan stock over time.
Current vs Lagged Prices |
| Timeline |
Skane Mollan Lagged Returns
When evaluating Skane Mollan's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Skane Mollan stock have on its future price. Skane Mollan 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, Skane Mollan autocorrelation shows the relationship between Skane Mollan stock current value and its past values and can show if there is a momentum factor associated with investing in Skane mollan AB.
Regressed Prices |
| Timeline |
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Check out Skane Mollan Correlation, Skane Mollan Volatility and Skane Mollan Alpha and Beta module to complement your research on Skane Mollan. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Complementary Tools for Skane Stock analysis
When running Skane Mollan's price analysis, check to measure Skane Mollan'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 Skane Mollan is operating at the current time. Most of Skane Mollan's value examination focuses on studying past and present price action to predict the probability of Skane Mollan's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Skane Mollan's price. Additionally, you may evaluate how the addition of Skane Mollan to your portfolios can decrease your overall portfolio volatility.
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