AQ Group (Sweden) Market Value
| AQ Stock | SEK 145.00 1.00 0.69% |
| Symbol | AQ Group |
AQ Group '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 AQ Group'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 AQ Group.
| 11/11/2024 |
| 12/11/2024 |
If you would invest 0.00 in AQ Group on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding AQ Group AB or generate 0.0% return on investment in AQ Group over 30 days. AQ Group is related to or competes with Inwido AB, Bufab Holding, Beijer Alma, Addtech AB, and Indutrade. AQ Group AB manufactures and sells components and systems for industrial customers worldwide More
AQ Group 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 AQ Group'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 AQ Group AB upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.34 | |||
| Information Ratio | 0.0336 | |||
| Maximum Drawdown | 10.01 | |||
| Value At Risk | (3.46) | |||
| Potential Upside | 4.05 |
AQ Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AQ Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AQ Group's standard deviation. In reality, there are many statistical measures that can use AQ Group historical prices to predict the future AQ Group's volatility.| Risk Adjusted Performance | 0.0714 | |||
| Jensen Alpha | 0.142 | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | 0.032 | |||
| Treynor Ratio | 0.4568 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of AQ Group'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.
AQ Group AB Backtested Returns
Currently, AQ Group AB is out of control. AQ Group AB retains Efficiency (Sharpe Ratio) of 0.0765, which signifies that the company had a 0.0765% return per unit of price deviation over the last 3 months. We have found twenty-eight technical indicators for AQ Group, which you can use to evaluate the volatility of the firm. Please confirm AQ Group's Coefficient Of Variation of 1118.26, standard deviation of 2.23, and Market Risk Adjusted Performance of 0.4668 to double-check if the risk estimate we provide is consistent with the expected return of 0.17%. AQ Group has a performance score of 6 on a scale of 0 to 100. The firm owns a Beta (Systematic Risk) of 0.41, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, AQ Group's returns are expected to increase less than the market. However, during the bear market, the loss of holding AQ Group is expected to be smaller as well. AQ Group AB today owns a risk of 2.24%. Please confirm AQ Group AB coefficient of variation, semi variance, period momentum indicator, as well as the relationship between the treynor ratio and daily balance of power , to decide if AQ Group AB will be following its current price history.
Auto-correlation | -0.84 |
Excellent reverse predictability
AQ Group AB has excellent reverse predictability. Overlapping area represents the amount of predictability between AQ Group time series from 11th of November 2024 to 26th of November 2024 and 26th of November 2024 to 11th of December 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 AQ Group AB price movement. The serial correlation of -0.84 indicates that around 84.0% of current AQ Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.84 | |
| Spearman Rank Test | -0.8 | |
| Residual Average | 0.0 | |
| Price Variance | 25.03 |
AQ Group AB lagged returns against current returns
Autocorrelation, which is AQ Group 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 AQ Group's stock expected returns. We can calculate the autocorrelation of AQ Group returns to help us make a trade decision. For example, suppose you find that AQ Group 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 |
AQ Group 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 AQ Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AQ Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AQ Group stock over time.
Current vs Lagged Prices |
| Timeline |
AQ Group Lagged Returns
When evaluating AQ Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AQ Group stock have on its future price. AQ Group 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, AQ Group autocorrelation shows the relationship between AQ Group stock current value and its past values and can show if there is a momentum factor associated with investing in AQ Group AB.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for AQ Group Stock Analysis
When running AQ Group's price analysis, check to measure AQ Group'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 AQ Group is operating at the current time. Most of AQ Group's value examination focuses on studying past and present price action to predict the probability of AQ Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AQ Group's price. Additionally, you may evaluate how the addition of AQ Group to your portfolios can decrease your overall portfolio volatility.