Kinnevik Investment (Sweden) Market Value
| KINV-B Stock | SEK 114.20 2.30 1.97% |
| Symbol | Kinnevik |
Kinnevik Investment '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 Kinnevik Investment'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 Kinnevik Investment.
| 04/03/2024 |
| 05/03/2024 |
If you would invest 0.00 in Kinnevik Investment on April 3, 2024 and sell it all today you would earn a total of 0.00 from holding Kinnevik Investment AB or generate 0.0% return on investment in Kinnevik Investment over 30 days. Kinnevik Investment is related to or competes with Investor, Investment, Industrivarden, Tele2 AB, and Boliden AB. Kinnevik AB formerly known as Investment AB Kinnevik, is a venture capital firm specializing in investments in growth ca... More
Kinnevik Investment 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 Kinnevik Investment'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 Kinnevik Investment AB upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.29 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 13.53 | |||
| Value At Risk | (4.91) | |||
| Potential Upside | 4.51 |
Kinnevik Investment Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kinnevik Investment's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kinnevik Investment's standard deviation. In reality, there are many statistical measures that can use Kinnevik Investment historical prices to predict the future Kinnevik Investment's volatility.| Risk Adjusted Performance | 0.0186 | |||
| Jensen Alpha | 0.0642 | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | (0.05) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Kinnevik Investment'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.
Kinnevik Investment Backtested Returns
Kinnevik Investment appears to be very steady, given 3 months investment horizon. Kinnevik Investment has Sharpe Ratio of 0.12, which conveys that the firm had a 0.12% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Kinnevik Investment, which you can use to evaluate the volatility of the firm. Please exercise Kinnevik Investment's Mean Deviation of 1.85, downside deviation of 3.29, and Risk Adjusted Performance of 0.0186 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Kinnevik Investment holds a performance score of 9. The company secures a Beta (Market Risk) of -0.64, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Kinnevik Investment are expected to decrease at a much lower rate. During the bear market, Kinnevik Investment is likely to outperform the market. Please check Kinnevik Investment's sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to make a quick decision on whether Kinnevik Investment's current price movements will revert.
Auto-correlation | 0.44 |
Average predictability
Kinnevik Investment AB has average predictability. Overlapping area represents the amount of predictability between Kinnevik Investment time series from 3rd of April 2024 to 18th of April 2024 and 18th of April 2024 to 3rd of May 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 Kinnevik Investment price movement. The serial correlation of 0.44 indicates that just about 44.0% of current Kinnevik Investment price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.44 | |
| Spearman Rank Test | -0.67 | |
| Residual Average | 0.0 | |
| Price Variance | 10.9 |
Kinnevik Investment lagged returns against current returns
Autocorrelation, which is Kinnevik Investment 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 Kinnevik Investment's stock expected returns. We can calculate the autocorrelation of Kinnevik Investment returns to help us make a trade decision. For example, suppose you find that Kinnevik Investment 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 |
Kinnevik Investment 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 Kinnevik Investment stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kinnevik Investment stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kinnevik Investment stock over time.
Current vs Lagged Prices |
| Timeline |
Kinnevik Investment Lagged Returns
When evaluating Kinnevik Investment's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kinnevik Investment stock have on its future price. Kinnevik Investment 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, Kinnevik Investment autocorrelation shows the relationship between Kinnevik Investment stock current value and its past values and can show if there is a momentum factor associated with investing in Kinnevik Investment AB.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Kinnevik Investment in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Kinnevik Investment's short interest history, or implied volatility extrapolated from Kinnevik Investment options trading.
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Complementary Tools for Kinnevik Stock analysis
When running Kinnevik Investment's price analysis, check to measure Kinnevik Investment'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 Kinnevik Investment is operating at the current time. Most of Kinnevik Investment's value examination focuses on studying past and present price action to predict the probability of Kinnevik Investment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kinnevik Investment's price. Additionally, you may evaluate how the addition of Kinnevik Investment to your portfolios can decrease your overall portfolio volatility.
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Kinnevik Investment technical stock 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, stock market cycles, or different charting patterns.