VBG Group (Sweden) Market Value
| VBG-B Stock | SEK 289.50 5.00 1.76% |
| Symbol | VBG |
VBG 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 VBG 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 VBG Group.
| 06/04/2024 |
| 12/01/2024 |
If you would invest 0.00 in VBG Group on June 4, 2024 and sell it all today you would earn a total of 0.00 from holding VBG Group AB or generate 0.0% return on investment in VBG Group over 180 days. VBG Group is related to or competes with Inwido AB, Proact IT, New Wave, Systemair, and Elanders. VBG Group AB , together with its subsidiaries, operates as an engineering group in Europe, North America, Brazil, South ... More
VBG 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 VBG 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 VBG Group AB upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.27) | |||
| Maximum Drawdown | 17.34 | |||
| Value At Risk | (2.79) | |||
| Potential Upside | 1.94 |
VBG Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for VBG Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as VBG Group's standard deviation. In reality, there are many statistical measures that can use VBG Group historical prices to predict the future VBG Group's volatility.| Risk Adjusted Performance | (0.16) | |||
| Jensen Alpha | (0.54) | |||
| Total Risk Alpha | (0.92) | |||
| Treynor Ratio | (4.53) |
VBG Group AB Backtested Returns
VBG Group AB owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.2, which indicates the company had a -0.2% return per unit of volatility over the last 3 months. VBG Group AB exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate VBG Group's Market Risk Adjusted Performance of (4.52), risk adjusted performance of (0.16), and Standard Deviation of 2.36 to confirm the risk estimate we provide. The firm has a beta of 0.12, which indicates not very significant fluctuations relative to the market. As returns on the market increase, VBG Group's returns are expected to increase less than the market. However, during the bear market, the loss of holding VBG Group is expected to be smaller as well. At this point, VBG Group AB has a negative expected return of -0.48%. Please make sure to validate VBG Group's treynor ratio, value at risk, and the relationship between the total risk alpha and maximum drawdown , to decide if VBG Group AB performance from the past will be repeated in the future.
Auto-correlation | 0.82 |
Very good predictability
VBG Group AB has very good predictability. Overlapping area represents the amount of predictability between VBG Group time series from 4th of June 2024 to 2nd of September 2024 and 2nd of September 2024 to 1st 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 VBG Group AB price movement. The serial correlation of 0.82 indicates that around 82.0% of current VBG Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.82 | |
| Spearman Rank Test | 0.69 | |
| Residual Average | 0.0 | |
| Price Variance | 1701.25 |
VBG Group AB lagged returns against current returns
Autocorrelation, which is VBG 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 VBG Group's stock expected returns. We can calculate the autocorrelation of VBG Group returns to help us make a trade decision. For example, suppose you find that VBG 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 |
VBG 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 VBG Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if VBG Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in VBG Group stock over time.
Current vs Lagged Prices |
| Timeline |
VBG Group Lagged Returns
When evaluating VBG Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of VBG Group stock have on its future price. VBG 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, VBG Group autocorrelation shows the relationship between VBG Group stock current value and its past values and can show if there is a momentum factor associated with investing in VBG Group AB.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for VBG Stock Analysis
When running VBG Group's price analysis, check to measure VBG 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 VBG Group is operating at the current time. Most of VBG Group's value examination focuses on studying past and present price action to predict the probability of VBG 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 VBG Group's price. Additionally, you may evaluate how the addition of VBG Group to your portfolios can decrease your overall portfolio volatility.