Lifco AB (Sweden) Market Value
| LIFCO-B Stock | SEK 267.60 3.20 1.18% |
| Symbol | Lifco |
Lifco 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 Lifco 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 Lifco AB.
| 04/07/2024 |
| 05/07/2024 |
If you would invest 0.00 in Lifco AB on April 7, 2024 and sell it all today you would earn a total of 0.00 from holding Lifco AB or generate 0.0% return on investment in Lifco AB over 30 days. Lifco AB is related to or competes with Cloetta AB, Clas Ohlson, and Bilia AB. Lifco AB engages in the dental, demolition and tools, and systems solutions businesses More
Lifco 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 Lifco 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 Lifco AB upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.31 | |||
| Information Ratio | 0.0265 | |||
| Maximum Drawdown | 6.04 | |||
| Value At Risk | (2.09) | |||
| Potential Upside | 2.47 |
Lifco AB Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lifco AB's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lifco AB's standard deviation. In reality, there are many statistical measures that can use Lifco AB historical prices to predict the future Lifco AB's volatility.| Risk Adjusted Performance | 0.0574 | |||
| Jensen Alpha | 0.1239 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.0267 | |||
| Treynor Ratio | (0.28) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Lifco AB'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.
Lifco AB Backtested Returns
We consider Lifco AB very steady. Lifco AB has Sharpe Ratio of 0.0095, which conveys that the firm had a 0.0095% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Lifco AB, which you can use to evaluate the volatility of the firm. Please verify Lifco AB's Mean Deviation of 1.02, risk adjusted performance of 0.0574, and Downside Deviation of 1.31 to check out if the risk estimate we provide is consistent with the expected return of 0.0118%. The company secures a Beta (Market Risk) of -0.36, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Lifco AB are expected to decrease at a much lower rate. During the bear market, Lifco AB is likely to outperform the market. Lifco AB right now secures a risk of 1.25%. Please verify Lifco AB jensen alpha, semi variance, day typical price, as well as the relationship between the maximum drawdown and accumulation distribution , to decide if Lifco AB will be following its current price movements.
Auto-correlation | 0.18 |
Very weak predictability
Lifco AB has very weak predictability. Overlapping area represents the amount of predictability between Lifco AB time series from 7th of April 2024 to 22nd of April 2024 and 22nd of April 2024 to 7th 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 Lifco AB price movement. The serial correlation of 0.18 indicates that over 18.0% of current Lifco AB price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.18 | |
| Spearman Rank Test | 0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 13.73 |
Lifco AB lagged returns against current returns
Autocorrelation, which is Lifco 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 Lifco AB's stock expected returns. We can calculate the autocorrelation of Lifco AB returns to help us make a trade decision. For example, suppose you find that Lifco 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 |
| Timeline |
Lifco 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 Lifco AB stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lifco AB stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lifco AB stock over time.
Current vs Lagged Prices |
| Timeline |
Lifco AB Lagged Returns
When evaluating Lifco AB's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lifco AB stock have on its future price. Lifco 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, Lifco AB autocorrelation shows the relationship between Lifco AB stock current value and its past values and can show if there is a momentum factor associated with investing in Lifco 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 Lifco AB 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, Lifco AB's short interest history, or implied volatility extrapolated from Lifco AB options trading.
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Complementary Tools for Lifco Stock analysis
When running Lifco AB's price analysis, check to measure Lifco 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 Lifco AB is operating at the current time. Most of Lifco AB's value examination focuses on studying past and present price action to predict the probability of Lifco 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 Lifco AB's price. Additionally, you may evaluate how the addition of Lifco AB to your portfolios can decrease your overall portfolio volatility.
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Lifco AB 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.