IAR Systems (Sweden) Market Value
| IAR-B Stock | SEK 145.00 10.50 7.81% |
| Symbol | IAR |
IAR Systems '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 IAR Systems' 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 IAR Systems.
| 01/07/2024 |
| 12/02/2024 |
If you would invest 0.00 in IAR Systems on January 7, 2024 and sell it all today you would earn a total of 0.00 from holding IAR Systems Group or generate 0.0% return on investment in IAR Systems over 330 days. IAR Systems is related to or competes with CellaVision, HMS Networks, Enea AB, Know IT, and CTT Systems. IAR Systems Group AB provides software tools and services for the programming of processors in embedded systems worldwid... More
IAR Systems 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 IAR Systems' 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 IAR Systems Group upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 14.74 | |||
| Value At Risk | (3.28) | |||
| Potential Upside | 3.69 |
IAR Systems Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for IAR Systems' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IAR Systems' standard deviation. In reality, there are many statistical measures that can use IAR Systems historical prices to predict the future IAR Systems' volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.49) | |||
| Treynor Ratio | 0.1873 |
IAR Systems Group Backtested Returns
IAR Systems Group holds Efficiency (Sharpe) Ratio of -0.0161, which attests that the company had a -0.0161% return per unit of volatility over the last 3 months. IAR Systems Group exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out IAR Systems' coefficient of variation of (6,211), and Market Risk Adjusted Performance of 0.1973 to validate the risk estimate we provide. The firm retains a Market Volatility (i.e., Beta) of -0.28, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning IAR Systems are expected to decrease at a much lower rate. During the bear market, IAR Systems is likely to outperform the market. At this point, IAR Systems Group has a negative expected return of -0.0427%. Please make sure to check out IAR Systems' potential upside, kurtosis, and the relationship between the value at risk and skewness , to decide if IAR Systems Group performance from the past will be repeated in the future.
Auto-correlation | -0.93 |
Near perfect reversele predictability
IAR Systems Group has near perfect reversele predictability. Overlapping area represents the amount of predictability between IAR Systems time series from 7th of January 2024 to 20th of June 2024 and 20th of June 2024 to 2nd 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 IAR Systems Group price movement. The serial correlation of -0.93 indicates that approximately 93.0% of current IAR Systems price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.93 | |
| Spearman Rank Test | -0.71 | |
| Residual Average | 0.0 | |
| Price Variance | 280.09 |
IAR Systems Group lagged returns against current returns
Autocorrelation, which is IAR Systems 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 IAR Systems' stock expected returns. We can calculate the autocorrelation of IAR Systems returns to help us make a trade decision. For example, suppose you find that IAR Systems 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 |
IAR Systems 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 IAR Systems stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IAR Systems stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IAR Systems stock over time.
Current vs Lagged Prices |
| Timeline |
IAR Systems Lagged Returns
When evaluating IAR Systems' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IAR Systems stock have on its future price. IAR Systems 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, IAR Systems autocorrelation shows the relationship between IAR Systems stock current value and its past values and can show if there is a momentum factor associated with investing in IAR Systems Group.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for IAR Stock Analysis
When running IAR Systems' price analysis, check to measure IAR Systems' 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 IAR Systems is operating at the current time. Most of IAR Systems' value examination focuses on studying past and present price action to predict the probability of IAR Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IAR Systems' price. Additionally, you may evaluate how the addition of IAR Systems to your portfolios can decrease your overall portfolio volatility.