Alleima AB (Sweden) Market Value
| ALLEI Stock | 72.10 1.10 1.50% |
| Symbol | Alleima |
Alleima 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 Alleima AB'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 Alleima AB.
| 04/23/2025 |
| 07/22/2025 |
If you would invest 0.00 in Alleima AB on April 23, 2025 and sell it all today you would earn a total of 0.00 from holding Alleima AB or generate 0.0% return on investment in Alleima AB over 90 days. Alleima AB is related to or competes with Sandvik AB, AB SKF, Svenska Handelsbanken, Essity AB, and Atlas Copco. More
Alleima 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 Alleima AB'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 Alleima AB upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.91 | |||
| Information Ratio | 4.0E-4 | |||
| Maximum Drawdown | 18.94 | |||
| Value At Risk | (3.42) | |||
| Potential Upside | 3.9 |
Alleima AB Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Alleima AB's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Alleima AB's standard deviation. In reality, there are many statistical measures that can use Alleima AB historical prices to predict the future Alleima AB's volatility.| Risk Adjusted Performance | 0.0593 | |||
| Jensen Alpha | 0.0877 | |||
| Total Risk Alpha | (0.24) | |||
| Sortino Ratio | 4.0E-4 | |||
| Treynor Ratio | 0.3779 |
Alleima AB Backtested Returns
Currently, Alleima AB is very steady. Alleima AB secures Sharpe Ratio (or Efficiency) of close to zero, which signifies that the company had a close to zero % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Alleima AB, which you can use to evaluate the volatility of the firm. Please confirm Alleima AB's Mean Deviation of 1.67, risk adjusted performance of 0.0593, and Downside Deviation of 2.91 to double-check if the risk estimate we provide is consistent with the expected return of 0.0065%. The firm shows a Beta (market volatility) of 0.36, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Alleima AB's returns are expected to increase less than the market. However, during the bear market, the loss of holding Alleima AB is expected to be smaller as well. Alleima AB right now shows a risk of 2.46%. Please confirm Alleima AB total risk alpha, expected short fall, price action indicator, as well as the relationship between the value at risk and daily balance of power , to decide if Alleima AB will be following its price patterns.
Auto-correlation | -0.39 |
Poor reverse predictability
Alleima AB has poor reverse predictability. Overlapping area represents the amount of predictability between Alleima AB time series from 23rd of April 2025 to 7th of June 2025 and 7th of June 2025 to 22nd 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 Alleima AB price movement. The serial correlation of -0.39 indicates that just about 39.0% of current Alleima AB price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.39 | |
| Spearman Rank Test | -0.32 | |
| Residual Average | 0.0 | |
| Price Variance | 9.26 |
Alleima AB lagged returns against current returns
Autocorrelation, which is Alleima AB 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 Alleima AB's stock expected returns. We can calculate the autocorrelation of Alleima AB returns to help us make a trade decision. For example, suppose you find that Alleima AB 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 |
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Alleima 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 Alleima AB stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Alleima AB stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Alleima AB stock over time.
Current vs Lagged Prices |
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Alleima AB Lagged Returns
When evaluating Alleima AB's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Alleima AB stock have on its future price. Alleima 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, Alleima AB autocorrelation shows the relationship between Alleima AB stock current value and its past values and can show if there is a momentum factor associated with investing in Alleima AB.
Regressed Prices |
| Timeline |
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Additional Tools for Alleima Stock Analysis
When running Alleima AB's price analysis, check to measure Alleima AB'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 Alleima AB is operating at the current time. Most of Alleima AB's value examination focuses on studying past and present price action to predict the probability of Alleima AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alleima AB's price. Additionally, you may evaluate how the addition of Alleima AB to your portfolios can decrease your overall portfolio volatility.