Schouw (Denmark) Market Value
SCHO Stock | DKK 525.00 3.00 0.57% |
Symbol | Schouw |
Schouw '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 Schouw'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 Schouw.
03/30/2024 |
| 04/29/2024 |
If you would invest 0.00 in Schouw on March 30, 2024 and sell it all today you would earn a total of 0.00 from holding Schouw Co or generate 0.0% return on investment in Schouw over 30 days. Schouw is related to or competes with ROCKWOOL International, Tryg AS, DSV Panalpina, and GN Store. Aktieselskabet Schouw Co. operates as an industrial conglomerate in Denmark and internationally More
Schouw 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 Schouw'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 Schouw Co upside and downside potential and time the market with a certain degree of confidence.
Information Ratio | (0.14) | |||
Maximum Drawdown | 7.93 | |||
Value At Risk | (2.79) | |||
Potential Upside | 1.72 |
Schouw Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Schouw's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Schouw's standard deviation. In reality, there are many statistical measures that can use Schouw historical prices to predict the future Schouw's volatility.Risk Adjusted Performance | (0.04) | |||
Jensen Alpha | (0.09) | |||
Total Risk Alpha | (0.29) | |||
Treynor Ratio | 0.2965 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Schouw'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.
Schouw Backtested Returns
Schouw owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0557, which indicates the firm had a -0.0557% return per unit of risk over the last 3 months. Schouw Co exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Schouw's Risk Adjusted Performance of (0.04), coefficient of variation of (1,315), and Variance of 1.97 to confirm the risk estimate we provide. The entity has a beta of -0.39, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Schouw are expected to decrease at a much lower rate. During the bear market, Schouw is likely to outperform the market. Schouw has an expected return of -0.0795%. Please make sure to validate Schouw treynor ratio, value at risk, and the relationship between the total risk alpha and maximum drawdown , to decide if Schouw performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.47 |
Modest reverse predictability
Schouw Co has modest reverse predictability. Overlapping area represents the amount of predictability between Schouw time series from 30th of March 2024 to 14th of April 2024 and 14th of April 2024 to 29th 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 Schouw price movement. The serial correlation of -0.47 indicates that about 47.0% of current Schouw price fluctuation can be explain by its past prices.
Correlation Coefficient | -0.47 | |
Spearman Rank Test | -0.75 | |
Residual Average | 0.0 | |
Price Variance | 40.44 |
Schouw lagged returns against current returns
Autocorrelation, which is Schouw 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 Schouw's stock expected returns. We can calculate the autocorrelation of Schouw returns to help us make a trade decision. For example, suppose you find that Schouw 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 |
Schouw 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 Schouw stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Schouw stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Schouw stock over time.
Current vs Lagged Prices |
Timeline |
Schouw Lagged Returns
When evaluating Schouw's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Schouw stock have on its future price. Schouw 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, Schouw autocorrelation shows the relationship between Schouw stock current value and its past values and can show if there is a momentum factor associated with investing in Schouw Co.
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 Schouw 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, Schouw's short interest history, or implied volatility extrapolated from Schouw options trading.
Currently Active Assets on Macroaxis
Check out Schouw Correlation, Schouw Volatility and Schouw Alpha and Beta module to complement your research on Schouw. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Complementary Tools for Schouw Stock analysis
When running Schouw's price analysis, check to measure Schouw'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 Schouw is operating at the current time. Most of Schouw's value examination focuses on studying past and present price action to predict the probability of Schouw's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Schouw's price. Additionally, you may evaluate how the addition of Schouw to your portfolios can decrease your overall portfolio volatility.
Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
Commodity Directory Find actively traded commodities issued by global exchanges | |
FinTech Suite Use AI to screen and filter profitable investment opportunities |
Schouw 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.