Ab Industrivrden Stock Market Value
| IDTVF Stock | USD 36.87 0.00 0.00% |
| Symbol | IDTVF |
AB Industrivrden '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 AB Industrivrden'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 AB Industrivrden.
| 03/26/2024 |
| 04/25/2024 |
If you would invest 0.00 in AB Industrivrden on March 26, 2024 and sell it all today you would earn a total of 0.00 from holding AB Industrivrden or generate 0.0% return on investment in AB Industrivrden over 30 days. AB Industrivrden is related to or competes with Flow Capital, and AGF Management. The firm invests in the public equity markets of Nordic region More
AB Industrivrden 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 AB Industrivrden'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 AB Industrivrden upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0917 | |||
| Maximum Drawdown | 64.98 |
AB Industrivrden Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AB Industrivrden's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AB Industrivrden's standard deviation. In reality, there are many statistical measures that can use AB Industrivrden historical prices to predict the future AB Industrivrden's volatility.| Risk Adjusted Performance | 0.0731 | |||
| Jensen Alpha | 1.01 | |||
| Total Risk Alpha | (0.32) | |||
| Treynor Ratio | (0.77) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of AB Industrivrden'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.
AB Industrivrden Backtested Returns
AB Industrivrden appears to be somewhat reliable, given 3 months investment horizon. AB Industrivrden retains Efficiency (Sharpe Ratio) of 0.11, which signifies that the company had a 0.11% return per unit of price deviation over the last 3 months. By evaluating AB Industrivrden's technical indicators, you can evaluate if the expected return of 0.98% is justified by implied risk. Please makes use of AB Industrivrden's Market Risk Adjusted Performance of (0.76), information ratio of 0.0917, and Variance of 81.31 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, AB Industrivrden holds a performance score of 8. The firm owns a Beta (Systematic Risk) of -1.19, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning AB Industrivrden are expected to decrease by larger amounts. On the other hand, during market turmoil, AB Industrivrden is expected to outperform it. Please check AB Industrivrden's market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and rate of daily change , to make a quick decision on whether AB Industrivrden's current price history will revert.
Auto-correlation | 0.14 |
Insignificant predictability
AB Industrivrden has insignificant predictability. Overlapping area represents the amount of predictability between AB Industrivrden time series from 26th of March 2024 to 10th of April 2024 and 10th of April 2024 to 25th of April 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 AB Industrivrden price movement. The serial correlation of 0.14 indicates that less than 14.0% of current AB Industrivrden price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.14 | |
| Spearman Rank Test | 0.86 | |
| Residual Average | 0.0 | |
| Price Variance | 8.93 |
AB Industrivrden lagged returns against current returns
Autocorrelation, which is AB Industrivrden 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 AB Industrivrden's pink sheet expected returns. We can calculate the autocorrelation of AB Industrivrden returns to help us make a trade decision. For example, suppose you find that AB Industrivrden 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 |
AB Industrivrden 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 AB Industrivrden pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AB Industrivrden pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AB Industrivrden pink sheet over time.
Current vs Lagged Prices |
| Timeline |
AB Industrivrden Lagged Returns
When evaluating AB Industrivrden's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AB Industrivrden pink sheet have on its future price. AB Industrivrden 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, AB Industrivrden autocorrelation shows the relationship between AB Industrivrden pink sheet current value and its past values and can show if there is a momentum factor associated with investing in AB Industrivrden.
Regressed Prices |
| Timeline |
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Complementary Tools for IDTVF Pink Sheet analysis
When running AB Industrivrden's price analysis, check to measure AB Industrivrden'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 AB Industrivrden is operating at the current time. Most of AB Industrivrden's value examination focuses on studying past and present price action to predict the probability of AB Industrivrden's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AB Industrivrden's price. Additionally, you may evaluate how the addition of AB Industrivrden to your portfolios can decrease your overall portfolio volatility.
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AB Industrivrden technical pink sheet analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, pink sheet market cycles, or different charting patterns.