SCANDINAVCHEMOTECH (Germany) Market Value
| 8V6 Stock | EUR 0.13 0.01 8.33% |
| Symbol | SCANDINAVCHEMOTECH |
SCANDINAVCHEMOTECH '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 SCANDINAVCHEMOTECH'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 SCANDINAVCHEMOTECH.
| 04/21/2025 |
| 07/20/2025 |
If you would invest 0.00 in SCANDINAVCHEMOTECH on April 21, 2025 and sell it all today you would earn a total of 0.00 from holding SCANDINAVCHEMOTECH CLB or generate 0.0% return on investment in SCANDINAVCHEMOTECH over 90 days. SCANDINAVCHEMOTECH is related to or competes with CSL, CSL, Mercedes Benz, Vertex Pharmaceuticals, WUXI BIOLOGICS, and BioNTech. Scandinavian ChemoTech AB provides cancer care and pain management solutions More
SCANDINAVCHEMOTECH 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 SCANDINAVCHEMOTECH'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 SCANDINAVCHEMOTECH CLB upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 13.19 | |||
| Information Ratio | 0.1164 | |||
| Maximum Drawdown | 73.85 | |||
| Value At Risk | (20.00) | |||
| Potential Upside | 33.33 |
SCANDINAVCHEMOTECH Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SCANDINAVCHEMOTECH's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SCANDINAVCHEMOTECH's standard deviation. In reality, there are many statistical measures that can use SCANDINAVCHEMOTECH historical prices to predict the future SCANDINAVCHEMOTECH's volatility.| Risk Adjusted Performance | 0.1262 | |||
| Jensen Alpha | 1.88 | |||
| Total Risk Alpha | (0.25) | |||
| Sortino Ratio | 0.1431 | |||
| Treynor Ratio | 1.98 |
SCANDINAVCHEMOTECH CLB Backtested Returns
SCANDINAVCHEMOTECH is out of control given 3 months investment horizon. SCANDINAVCHEMOTECH CLB retains Efficiency (Sharpe Ratio) of 0.11, which indicates the company had a 0.11 % return per unit of risk over the last 3 months. We were able to interpolate twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.77% are justified by taking the suggested risk. Use SCANDINAVCHEMOTECH CLB Market Risk Adjusted Performance of 1.99, standard deviation of 16.22, and Semi Deviation of 10.36 to evaluate company specific risk that cannot be diversified away. SCANDINAVCHEMOTECH holds a performance score of 8 on a scale of zero to a hundred. The firm owns a Beta (Systematic Risk) of 1.02, which indicates a somewhat significant risk relative to the market. SCANDINAVCHEMOTECH returns are very sensitive to returns on the market. As the market goes up or down, SCANDINAVCHEMOTECH is expected to follow. Use SCANDINAVCHEMOTECH CLB downside deviation, information ratio, and the relationship between the semi deviation and coefficient of variation , to analyze future returns on SCANDINAVCHEMOTECH CLB.
Auto-correlation | -0.35 |
Poor reverse predictability
SCANDINAVCHEMOTECH CLB has poor reverse predictability. Overlapping area represents the amount of predictability between SCANDINAVCHEMOTECH time series from 21st of April 2025 to 5th of June 2025 and 5th of June 2025 to 20th of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of SCANDINAVCHEMOTECH CLB price movement. The serial correlation of -0.35 indicates that nearly 35.0% of current SCANDINAVCHEMOTECH price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.35 | |
| Spearman Rank Test | -0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
SCANDINAVCHEMOTECH CLB lagged returns against current returns
Autocorrelation, which is SCANDINAVCHEMOTECH 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 SCANDINAVCHEMOTECH's stock expected returns. We can calculate the autocorrelation of SCANDINAVCHEMOTECH returns to help us make a trade decision. For example, suppose you find that SCANDINAVCHEMOTECH 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 |
SCANDINAVCHEMOTECH 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 SCANDINAVCHEMOTECH stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SCANDINAVCHEMOTECH stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SCANDINAVCHEMOTECH stock over time.
Current vs Lagged Prices |
| Timeline |
SCANDINAVCHEMOTECH Lagged Returns
When evaluating SCANDINAVCHEMOTECH's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SCANDINAVCHEMOTECH stock have on its future price. SCANDINAVCHEMOTECH 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, SCANDINAVCHEMOTECH autocorrelation shows the relationship between SCANDINAVCHEMOTECH stock current value and its past values and can show if there is a momentum factor associated with investing in SCANDINAVCHEMOTECH CLB.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in SCANDINAVCHEMOTECH Stock
SCANDINAVCHEMOTECH financial ratios help investors to determine whether SCANDINAVCHEMOTECH Stock 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 SCANDINAVCHEMOTECH with respect to the benefits of owning SCANDINAVCHEMOTECH security.