Acarix AS (Sweden) Market Value
| ACARIX Stock | SEK 0.38 0.02 5.00% |
| Symbol | Acarix |
Acarix AS '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 Acarix AS'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 Acarix AS.
| 04/24/2025 |
| 07/23/2025 |
If you would invest 0.00 in Acarix AS on April 24, 2025 and sell it all today you would earn a total of 0.00 from holding Acarix AS or generate 0.0% return on investment in Acarix AS over 90 days. Acarix AS is related to or competes with Qlife Holding, Medistim ASA, Saniona AB, Cantargia, Biovica International, and ExpreS2ion Biotech. Acarix AB , a medical technology company, develops and commercializes diagnostic tests for cardiovascular diseases prima... More
Acarix AS 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 Acarix AS'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 Acarix AS upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.19 | |||
| Information Ratio | 0.1812 | |||
| Maximum Drawdown | 21.26 | |||
| Value At Risk | (4.76) | |||
| Potential Upside | 10.26 |
Acarix AS Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Acarix AS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Acarix AS's standard deviation. In reality, there are many statistical measures that can use Acarix AS historical prices to predict the future Acarix AS's volatility.| Risk Adjusted Performance | 0.2072 | |||
| Jensen Alpha | 0.864 | |||
| Total Risk Alpha | 0.1443 | |||
| Sortino Ratio | 0.1578 | |||
| Treynor Ratio | 1.35 |
Acarix AS Backtested Returns
Acarix AS is out of control given 3 months investment horizon. Acarix AS secures Sharpe Ratio (or Efficiency) of 0.22, which signifies that the company had a 0.22 % return per unit of standard deviation over the last 3 months. We were able to analyze thirty different technical indicators, which can help you to evaluate if expected returns of 1.0% are justified by taking the suggested risk. Use Acarix AS risk adjusted performance of 0.2072, and Mean Deviation of 3.21 to evaluate company specific risk that cannot be diversified away. Acarix AS holds a performance score of 17 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 0.73, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Acarix AS's returns are expected to increase less than the market. However, during the bear market, the loss of holding Acarix AS is expected to be smaller as well. Use Acarix AS value at risk, daily balance of power, and the relationship between the total risk alpha and expected short fall , to analyze future returns on Acarix AS.
Auto-correlation | 0.77 |
Good predictability
Acarix AS has good predictability. Overlapping area represents the amount of predictability between Acarix AS time series from 24th of April 2025 to 8th of June 2025 and 8th of June 2025 to 23rd 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 Acarix AS price movement. The serial correlation of 0.77 indicates that around 77.0% of current Acarix AS price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.77 | |
| Spearman Rank Test | 0.82 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Acarix AS lagged returns against current returns
Autocorrelation, which is Acarix AS 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 Acarix AS's stock expected returns. We can calculate the autocorrelation of Acarix AS returns to help us make a trade decision. For example, suppose you find that Acarix AS 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 |
Acarix AS 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 Acarix AS stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Acarix AS stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Acarix AS stock over time.
Current vs Lagged Prices |
| Timeline |
Acarix AS Lagged Returns
When evaluating Acarix AS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Acarix AS stock have on its future price. Acarix AS 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, Acarix AS autocorrelation shows the relationship between Acarix AS stock current value and its past values and can show if there is a momentum factor associated with investing in Acarix AS.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Acarix Stock
Acarix AS financial ratios help investors to determine whether Acarix 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 Acarix with respect to the benefits of owning Acarix AS security.