Lagercrantz Group (Sweden) Market Value
| LAGR-B Stock | SEK 165.80 2.70 1.66% |
| Symbol | Lagercrantz |
Lagercrantz Group '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 Lagercrantz Group'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 Lagercrantz Group.
| 05/11/2022 |
| 04/30/2024 |
If you would invest 0.00 in Lagercrantz Group on May 11, 2022 and sell it all today you would earn a total of 0.00 from holding Lagercrantz Group AB or generate 0.0% return on investment in Lagercrantz Group over 720 days. Lagercrantz Group is related to or competes with FormPipe Software, Micro Systemation, CTT Systems, and G5 Entertainment. Lagercrantz Group AB operates as a technology company in the Europe, China, and the United states More
Lagercrantz Group 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 Lagercrantz Group'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 Lagercrantz Group AB upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.66 | |||
| Information Ratio | 0.1322 | |||
| Maximum Drawdown | 11.95 | |||
| Value At Risk | (2.38) | |||
| Potential Upside | 3.03 |
Lagercrantz Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lagercrantz Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lagercrantz Group's standard deviation. In reality, there are many statistical measures that can use Lagercrantz Group historical prices to predict the future Lagercrantz Group's volatility.| Risk Adjusted Performance | 0.1216 | |||
| Jensen Alpha | 0.2523 | |||
| Total Risk Alpha | 0.0881 | |||
| Sortino Ratio | 0.1353 | |||
| Treynor Ratio | 0.4695 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Lagercrantz Group'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.
Lagercrantz Group Backtested Returns
Lagercrantz Group appears to be very steady, given 3 months investment horizon. Lagercrantz Group has Sharpe Ratio of 0.19, which conveys that the firm had a 0.19% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Lagercrantz Group, which you can use to evaluate the volatility of the firm. Please exercise Lagercrantz Group's Risk Adjusted Performance of 0.1216, downside deviation of 1.66, and Mean Deviation of 1.14 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Lagercrantz Group holds a performance score of 14. The company secures a Beta (Market Risk) of 0.65, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Lagercrantz Group's returns are expected to increase less than the market. However, during the bear market, the loss of holding Lagercrantz Group is expected to be smaller as well. Please check Lagercrantz Group's downside deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Lagercrantz Group's current price movements will revert.
Auto-correlation | 0.65 |
Good predictability
Lagercrantz Group AB has good predictability. Overlapping area represents the amount of predictability between Lagercrantz Group time series from 11th of May 2022 to 6th of May 2023 and 6th of May 2023 to 30th 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 Lagercrantz Group price movement. The serial correlation of 0.65 indicates that roughly 65.0% of current Lagercrantz Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.65 | |
| Spearman Rank Test | 0.51 | |
| Residual Average | 0.0 | |
| Price Variance | 292.57 |
Lagercrantz Group lagged returns against current returns
Autocorrelation, which is Lagercrantz Group 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 Lagercrantz Group's stock expected returns. We can calculate the autocorrelation of Lagercrantz Group returns to help us make a trade decision. For example, suppose you find that Lagercrantz Group 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 |
Lagercrantz Group 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 Lagercrantz Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lagercrantz Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lagercrantz Group stock over time.
Current vs Lagged Prices |
| Timeline |
Lagercrantz Group Lagged Returns
When evaluating Lagercrantz Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lagercrantz Group stock have on its future price. Lagercrantz Group 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, Lagercrantz Group autocorrelation shows the relationship between Lagercrantz Group stock current value and its past values and can show if there is a momentum factor associated with investing in Lagercrantz Group 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 Lagercrantz Group 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, Lagercrantz Group's short interest history, or implied volatility extrapolated from Lagercrantz Group options trading.
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Complementary Tools for Lagercrantz Stock analysis
When running Lagercrantz Group's price analysis, check to measure Lagercrantz Group'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 Lagercrantz Group is operating at the current time. Most of Lagercrantz Group's value examination focuses on studying past and present price action to predict the probability of Lagercrantz Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lagercrantz Group's price. Additionally, you may evaluate how the addition of Lagercrantz Group to your portfolios can decrease your overall portfolio volatility.
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Lagercrantz Group 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.