Sonetel AB (Sweden) Market Value
| SONE Stock | SEK 4.86 0.28 6.11% |
| Symbol | Sonetel |
Sonetel AB '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 Sonetel AB'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 Sonetel AB.
| 11/14/2024 |
| 12/14/2024 |
If you would invest 0.00 in Sonetel AB on November 14, 2024 and sell it all today you would earn a total of 0.00 from holding Sonetel AB or generate 0.0% return on investment in Sonetel AB over 30 days. Sonetel AB is related to or competes with BIMobject, Hanza AB, Alcadon Group, Clavister Holding, and Avensia Publ. Sonetel AB provides telephone services to small businesses worldwide More
Sonetel AB 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 Sonetel AB'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 Sonetel AB upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.75 | |||
| Information Ratio | 0.0064 | |||
| Maximum Drawdown | 38.33 | |||
| Value At Risk | (6.61) | |||
| Potential Upside | 6.54 |
Sonetel AB Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sonetel AB's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sonetel AB's standard deviation. In reality, there are many statistical measures that can use Sonetel AB historical prices to predict the future Sonetel AB's volatility.| Risk Adjusted Performance | 0.0275 | |||
| Jensen Alpha | 0.2054 | |||
| Total Risk Alpha | (0.51) | |||
| Sortino Ratio | 0.0068 | |||
| Treynor Ratio | (0.13) |
Sonetel AB Backtested Returns
Currently, Sonetel AB is risky. Sonetel AB owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.025, which indicates the firm had a 0.025% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Sonetel AB, which you can use to evaluate the volatility of the company. Please validate Sonetel AB's Risk Adjusted Performance of 0.0275, coefficient of variation of 3834.41, and Semi Deviation of 3.34 to confirm if the risk estimate we provide is consistent with the expected return of 0.13%. Sonetel AB has a performance score of 1 on a scale of 0 to 100. The entity has a beta of -0.92, which indicates possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning Sonetel AB are expected to decrease slowly. On the other hand, during market turmoil, Sonetel AB is expected to outperform it slightly. Sonetel AB right now has a risk of 5.11%. Please validate Sonetel AB total risk alpha, treynor ratio, value at risk, as well as the relationship between the sortino ratio and maximum drawdown , to decide if Sonetel AB will be following its existing price patterns.
Auto-correlation | -0.77 |
Almost perfect reverse predictability
Sonetel AB has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Sonetel AB time series from 14th of November 2024 to 29th of November 2024 and 29th of November 2024 to 14th 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 Sonetel AB price movement. The serial correlation of -0.77 indicates that around 77.0% of current Sonetel AB price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.77 | |
| Spearman Rank Test | -0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
Sonetel AB lagged returns against current returns
Autocorrelation, which is Sonetel AB 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 Sonetel AB's stock expected returns. We can calculate the autocorrelation of Sonetel AB returns to help us make a trade decision. For example, suppose you find that Sonetel AB 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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Sonetel AB 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 Sonetel AB stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sonetel AB stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sonetel AB stock over time.
Current vs Lagged Prices |
| Timeline |
Sonetel AB Lagged Returns
When evaluating Sonetel AB's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sonetel AB stock have on its future price. Sonetel AB 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, Sonetel AB autocorrelation shows the relationship between Sonetel AB stock current value and its past values and can show if there is a momentum factor associated with investing in Sonetel AB.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Sonetel Stock Analysis
When running Sonetel AB's price analysis, check to measure Sonetel AB'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 Sonetel AB is operating at the current time. Most of Sonetel AB's value examination focuses on studying past and present price action to predict the probability of Sonetel AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sonetel AB's price. Additionally, you may evaluate how the addition of Sonetel AB to your portfolios can decrease your overall portfolio volatility.