Careium AB (Sweden) Market Value
| CARE Stock | 23.90 0.10 0.42% |
| Symbol | Careium |
Careium 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 Careium 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 Careium AB.
| 07/20/2025 |
| 01/16/2026 |
If you would invest 0.00 in Careium AB on July 20, 2025 and sell it all today you would earn a total of 0.00 from holding Careium AB or generate 0.0% return on investment in Careium AB over 180 days. Careium AB is related to or competes with Concejo AB, Railcare Group, Ferronordic, AVTECH Sweden, Nordisk Bergteknik, Pricer AB, and Dedicare. More
Careium 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 Careium 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 Careium AB upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 29.19 | |||
| Value At Risk | (3.41) | |||
| Potential Upside | 3.93 |
Careium AB Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Careium AB's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Careium AB's standard deviation. In reality, there are many statistical measures that can use Careium AB historical prices to predict the future Careium AB's volatility.| Risk Adjusted Performance | 0.0068 | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.51) | |||
| Treynor Ratio | (0.03) |
Careium AB Backtested Returns
Currently, Careium AB is not too volatile. Careium AB secures Sharpe Ratio (or Efficiency) of 0.0131, which signifies that the company had a 0.0131 % return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Careium AB, which you can use to evaluate the volatility of the firm. Please confirm Careium AB's Risk Adjusted Performance of 0.0068, mean deviation of 1.96, and Standard Deviation of 3.47 to double-check if the risk estimate we provide is consistent with the expected return of 0.0482%. Careium AB has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.55, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Careium AB's returns are expected to increase less than the market. However, during the bear market, the loss of holding Careium AB is expected to be smaller as well. Careium AB right now shows a risk of 3.67%. Please confirm Careium AB value at risk, skewness, and the relationship between the maximum drawdown and potential upside , to decide if Careium AB will be following its price patterns.
Auto-correlation | 0.31 |
Below average predictability
Careium AB has below average predictability. Overlapping area represents the amount of predictability between Careium AB time series from 20th of July 2025 to 18th of October 2025 and 18th of October 2025 to 16th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Careium AB price movement. The serial correlation of 0.31 indicates that nearly 31.0% of current Careium AB price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.31 | |
| Spearman Rank Test | 0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 2.12 |
Careium AB lagged returns against current returns
Autocorrelation, which is Careium 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 Careium AB's stock expected returns. We can calculate the autocorrelation of Careium AB returns to help us make a trade decision. For example, suppose you find that Careium 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 |
Careium 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 Careium AB stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Careium AB stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Careium AB stock over time.
Current vs Lagged Prices |
| Timeline |
Careium AB Lagged Returns
When evaluating Careium AB's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Careium AB stock have on its future price. Careium 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, Careium AB autocorrelation shows the relationship between Careium AB stock current value and its past values and can show if there is a momentum factor associated with investing in Careium AB.
Regressed Prices |
| Timeline |
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Additional Tools for Careium Stock Analysis
When running Careium AB's price analysis, check to measure Careium AB'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 Careium AB is operating at the current time. Most of Careium AB's value examination focuses on studying past and present price action to predict the probability of Careium AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Careium AB's price. Additionally, you may evaluate how the addition of Careium AB to your portfolios can decrease your overall portfolio volatility.