Fastighets Ab Balder Stock Market Value
| BALDF Stock | USD 6.50 0.51 7.28% |
| Symbol | Fastighets |
Fastighets '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 Fastighets' pink sheet 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 Fastighets.
| 11/26/2024 |
| 12/26/2024 |
If you would invest 0.00 in Fastighets on November 26, 2024 and sell it all today you would earn a total of 0.00 from holding Fastighets AB Balder or generate 0.0% return on investment in Fastighets over 30 days. Fastighets is related to or competes with Entegris, Globalfoundries, Analog Devices, MagnaChip Semiconductor, and Vishay Intertechnology. Fastighets AB Balder develops, owns, and manages residential and commercial properties in Sweden, Denmark, Finland, Norw... More
Fastighets 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 Fastighets' pink sheet 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 Fastighets AB Balder upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 22.21 | |||
| Value At Risk | (3.88) |
Fastighets Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fastighets' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fastighets' standard deviation. In reality, there are many statistical measures that can use Fastighets historical prices to predict the future Fastighets' volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.29) | |||
| Total Risk Alpha | (0.39) | |||
| Treynor Ratio | 8.77 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Fastighets' 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.
Fastighets AB Balder Backtested Returns
Fastighets AB Balder secures Sharpe Ratio (or Efficiency) of -0.12, which denotes the company had a -0.12% return per unit of risk over the last 3 months. Fastighets AB Balder exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Fastighets' Variance of 5.43, mean deviation of 0.896, and Standard Deviation of 2.33 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.0334, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Fastighets are expected to decrease at a much lower rate. During the bear market, Fastighets is likely to outperform the market. At this point, Fastighets AB Balder has a negative expected return of -0.3%. Please make sure to confirm Fastighets' accumulation distribution, and the relationship between the value at risk and day median price , to decide if Fastighets AB Balder performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.75 |
Good predictability
Fastighets AB Balder has good predictability. Overlapping area represents the amount of predictability between Fastighets time series from 26th of November 2024 to 11th of December 2024 and 11th of December 2024 to 26th 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 Fastighets AB Balder price movement. The serial correlation of 0.75 indicates that around 75.0% of current Fastighets price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.75 | |
| Spearman Rank Test | 0.64 | |
| Residual Average | 0.0 | |
| Price Variance | 0.11 |
Fastighets AB Balder lagged returns against current returns
Autocorrelation, which is Fastighets pink sheet'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 Fastighets' pink sheet expected returns. We can calculate the autocorrelation of Fastighets returns to help us make a trade decision. For example, suppose you find that Fastighets has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Fastighets 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 Fastighets pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fastighets pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fastighets pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Fastighets Lagged Returns
When evaluating Fastighets' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fastighets pink sheet have on its future price. Fastighets 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, Fastighets autocorrelation shows the relationship between Fastighets pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Fastighets AB Balder.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Fastighets Pink Sheet
Fastighets financial ratios help investors to determine whether Fastighets Pink Sheet 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 Fastighets with respect to the benefits of owning Fastighets security.