Annehem Fastigheter (Sweden) Market Value
| ANNE-B Stock | SEK 16.50 0.30 1.79% |
| Symbol | Annehem |
Annehem Fastigheter '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 Annehem Fastigheter'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 Annehem Fastigheter.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Annehem Fastigheter on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Annehem Fastigheter AB or generate 0.0% return on investment in Annehem Fastigheter over 30 days. Annehem Fastigheter is related to or competes with Peab AB, Dios Fastigheter, John Mattson, Atrium Ljungberg, and K2A Knaust. Annehem Fastigheter AB, a real estate company, owns and manages commercial, community, and residential properties More
Annehem Fastigheter 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 Annehem Fastigheter'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 Annehem Fastigheter AB upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.28) | |||
| Maximum Drawdown | 6.45 | |||
| Value At Risk | (2.50) | |||
| Potential Upside | 2.2 |
Annehem Fastigheter Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Annehem Fastigheter's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Annehem Fastigheter's standard deviation. In reality, there are many statistical measures that can use Annehem Fastigheter historical prices to predict the future Annehem Fastigheter's volatility.| Risk Adjusted Performance | (0.14) | |||
| Jensen Alpha | (0.28) | |||
| Total Risk Alpha | (0.51) | |||
| Treynor Ratio | 2.47 |
Annehem Fastigheter Backtested Returns
Annehem Fastigheter secures Sharpe Ratio (or Efficiency) of -0.17, which signifies that the company had a -0.17% return per unit of risk over the last 3 months. Annehem Fastigheter AB exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Annehem Fastigheter's Mean Deviation of 1.11, standard deviation of 1.47, and Risk Adjusted Performance of (0.14) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.12, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Annehem Fastigheter are expected to decrease at a much lower rate. During the bear market, Annehem Fastigheter is likely to outperform the market. At this point, Annehem Fastigheter has a negative expected return of -0.25%. Please make sure to confirm Annehem Fastigheter's treynor ratio, value at risk, and the relationship between the total risk alpha and maximum drawdown , to decide if Annehem Fastigheter performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.40 |
Average predictability
Annehem Fastigheter AB has average predictability. Overlapping area represents the amount of predictability between Annehem Fastigheter time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th of November 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 Annehem Fastigheter price movement. The serial correlation of 0.4 indicates that just about 40.0% of current Annehem Fastigheter price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.4 | |
| Spearman Rank Test | 0.58 | |
| Residual Average | 0.0 | |
| Price Variance | 0.14 |
Annehem Fastigheter lagged returns against current returns
Autocorrelation, which is Annehem Fastigheter 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 Annehem Fastigheter's stock expected returns. We can calculate the autocorrelation of Annehem Fastigheter returns to help us make a trade decision. For example, suppose you find that Annehem Fastigheter 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 |
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Annehem Fastigheter 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 Annehem Fastigheter stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Annehem Fastigheter stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Annehem Fastigheter stock over time.
Current vs Lagged Prices |
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Annehem Fastigheter Lagged Returns
When evaluating Annehem Fastigheter's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Annehem Fastigheter stock have on its future price. Annehem Fastigheter 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, Annehem Fastigheter autocorrelation shows the relationship between Annehem Fastigheter stock current value and its past values and can show if there is a momentum factor associated with investing in Annehem Fastigheter AB.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Annehem Stock
Annehem Fastigheter financial ratios help investors to determine whether Annehem 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 Annehem with respect to the benefits of owning Annehem Fastigheter security.