B3 Consulting (Sweden) Market Value
| B3 Stock | SEK 71.60 3.40 4.53% |
| Symbol | B3 Consulting |
B3 Consulting '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 B3 Consulting'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 B3 Consulting.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in B3 Consulting on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding B3 Consulting Group or generate 0.0% return on investment in B3 Consulting over 540 days. B3 Consulting is related to or competes with Dedicare, Prevas AB, BE Group, Hexatronic Group, and Novotek AB. B3 Consulting Group AB provides IT and management consultancy services in Sweden More
B3 Consulting 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 B3 Consulting'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 B3 Consulting Group upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 8.42 | |||
| Value At Risk | (2.50) | |||
| Potential Upside | 2.55 |
B3 Consulting Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for B3 Consulting's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as B3 Consulting's standard deviation. In reality, there are many statistical measures that can use B3 Consulting historical prices to predict the future B3 Consulting's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.23) | |||
| Total Risk Alpha | (0.45) | |||
| Treynor Ratio | (0.58) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of B3 Consulting'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.
B3 Consulting Group Backtested Returns
B3 Consulting Group retains Efficiency (Sharpe Ratio) of -0.12, which signifies that the company had a -0.12% return per unit of price deviation over the last 3 months. B3 Consulting exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm B3 Consulting's Information Ratio of (0.18), variance of 2.89, and Market Risk Adjusted Performance of (0.57) to double-check the risk estimate we provide. The firm owns a Beta (Systematic Risk) of 0.33, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, B3 Consulting's returns are expected to increase less than the market. However, during the bear market, the loss of holding B3 Consulting is expected to be smaller as well. At this point, B3 Consulting Group has a negative expected return of -0.21%. Please make sure to confirm B3 Consulting's potential upside, and the relationship between the jensen alpha and rate of daily change , to decide if B3 Consulting Group performance from the past will be repeated sooner or later.
Auto-correlation | 0.03 |
Virtually no predictability
B3 Consulting Group has virtually no predictability. Overlapping area represents the amount of predictability between B3 Consulting time series from 8th of June 2023 to 4th of March 2024 and 4th of March 2024 to 29th 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 B3 Consulting Group price movement. The serial correlation of 0.03 indicates that only 3.0% of current B3 Consulting price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.03 | |
| Spearman Rank Test | 0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 29.16 |
B3 Consulting Group lagged returns against current returns
Autocorrelation, which is B3 Consulting 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 B3 Consulting's stock expected returns. We can calculate the autocorrelation of B3 Consulting returns to help us make a trade decision. For example, suppose you find that B3 Consulting 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 |
B3 Consulting 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 B3 Consulting stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if B3 Consulting stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in B3 Consulting stock over time.
Current vs Lagged Prices |
| Timeline |
B3 Consulting Lagged Returns
When evaluating B3 Consulting's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of B3 Consulting stock have on its future price. B3 Consulting 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, B3 Consulting autocorrelation shows the relationship between B3 Consulting stock current value and its past values and can show if there is a momentum factor associated with investing in B3 Consulting Group.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for B3 Consulting Stock Analysis
When running B3 Consulting's price analysis, check to measure B3 Consulting'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 B3 Consulting is operating at the current time. Most of B3 Consulting's value examination focuses on studying past and present price action to predict the probability of B3 Consulting's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move B3 Consulting's price. Additionally, you may evaluate how the addition of B3 Consulting to your portfolios can decrease your overall portfolio volatility.