Volvo Ab Ser Stock Market Value
| VOLVF Stock | USD 26.08 0.93 3.44% |
| Symbol | Volvo |
Volvo 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 Volvo AB's 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 Volvo AB.
| 11/11/2024 |
| 12/11/2024 |
If you would invest 0.00 in Volvo AB on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding Volvo AB ser or generate 0.0% return on investment in Volvo AB over 30 days. Volvo AB is related to or competes with Daimler Truck, Oshkosh, Hydrofarm Holdings, Hino Motors, Caterpillar, AGCO, and Nikola Corp. AB Volvo , together with its subsidiaries, manufactures and sells trucks, buses, construction equipment, and marine and ... More
Volvo 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 Volvo AB's 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 Volvo AB ser upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.15 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 10.95 | |||
| Value At Risk | (3.44) | |||
| Potential Upside | 2.74 |
Volvo AB Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Volvo AB's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Volvo AB's standard deviation. In reality, there are many statistical measures that can use Volvo AB historical prices to predict the future Volvo AB's volatility.| Risk Adjusted Performance | 0.035 | |||
| Jensen Alpha | 0.0336 | |||
| Total Risk Alpha | (0.24) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.2293 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Volvo AB'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.
Volvo AB ser Backtested Returns
At this point, Volvo AB is very steady. Volvo AB ser owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0618, which indicates the firm had a 0.0618% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Volvo AB ser, which you can use to evaluate the volatility of the company. Please validate Volvo AB's Risk Adjusted Performance of 0.035, semi deviation of 1.54, and Coefficient Of Variation of 2515.7 to confirm if the risk estimate we provide is consistent with the expected return of 0.12%. Volvo AB has a performance score of 4 on a scale of 0 to 100. The entity has a beta of 0.29, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Volvo AB's returns are expected to increase less than the market. However, during the bear market, the loss of holding Volvo AB is expected to be smaller as well. Volvo AB ser right now has a risk of 1.9%. Please validate Volvo AB maximum drawdown, as well as the relationship between the expected short fall and day median price , to decide if Volvo AB will be following its existing price patterns.
Auto-correlation | -0.77 |
Almost perfect reverse predictability
Volvo AB ser has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Volvo AB time series from 11th of November 2024 to 26th of November 2024 and 26th of November 2024 to 11th 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 Volvo AB ser price movement. The serial correlation of -0.77 indicates that around 77.0% of current Volvo AB price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.77 | |
| Spearman Rank Test | -0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 0.74 |
Volvo AB ser lagged returns against current returns
Autocorrelation, which is Volvo AB 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 Volvo AB's pink sheet expected returns. We can calculate the autocorrelation of Volvo AB returns to help us make a trade decision. For example, suppose you find that Volvo AB 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 |
Volvo 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 Volvo AB pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Volvo AB pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Volvo AB pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Volvo AB Lagged Returns
When evaluating Volvo AB's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Volvo AB pink sheet have on its future price. Volvo 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, Volvo AB autocorrelation shows the relationship between Volvo AB pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Volvo AB ser.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Volvo Pink Sheet
Volvo AB financial ratios help investors to determine whether Volvo 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 Volvo with respect to the benefits of owning Volvo AB security.