ScandiDos (Sweden) Volatility
| SDOS Stock | SEK 0.93 0.01 1.09% |
ScandiDos AB retains relatively low price volatility during the last 3 months. Its Sharpe ratio is -0.15, showing that returns did not compensate for risk over the last 3 months. The present risk profile is informed by 23 technical indicators.
Sharpe Ratio = -0.1453
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | SDOS |
Estimated Market Risk
| 2.33 actual daily | 20 80% of assets are more volatile |
Expected Return
| -0.34 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.15 actual daily | 0 Most of other assets perform better |
ScandiDos AB posted a Market Risk Adjusted Performance of -0.2%, a Risk of 2.33, and a Risk Adjusted Performance of -0.1% for the reported period. Monthly moving average analysis shows ScandiDos is not yet reaching its full return potential. A well-diversified portfolio can improve risk-return balance and ScandiDos overall contribution. Diversification effects can offset ScandiDos standalone underperformance within a broader allocation.
Key indicators related to ScandiDos' volatility include:90 Days Market Risk | Chance Of Distress | 90 Days Economic Sensitivity |
ScandiDos' volatility is most commonly measured using the annualized standard deviation of daily returns. Beta-adjusted market sensitivity and financial distress probability provide a robust estimate of ScandiDos' overall risk level. For options traders, ScandiDos' implied volatility surface provides a forward-looking estimate of future price dispersion.
ScandiDos |
Volatility Strategy
ScandiDos AB price cycles can influence portfolio-level exposure concentration. Current statistical measures show total volatility near 2.33% with a beta coefficient of 0.92, indicating sensitivity relative to the broader market benchmark. Risk-adjusted efficiency, represented by a Sharpe ratio of -0.15, evaluates return per unit of total risk. An alpha value of -0.13 reflects performance relative to systematic market exposure. Expected return estimates near -0.34% are derived from historical distribution modeling and help frame forward-looking return assumptions within a portfolio context. Analyst revisions may increase short-term dispersion.
Main indicators related to ScandiDos' market risk premium analysis include:
Beta 0.92 | Alpha -0.13 | Risk 2.33 | Sharpe Ratio -0.15 | Expected Return -0.34 |
Moving together with ScandiDos Stock
| 0.9 | GETI-B | Getinge AB ser | PairCorr |
| 0.65 | SEDANA | Sedana Medical AB | PairCorr |
| 0.86 | PIERCE | Pierce Group AB | PairCorr |
| 0.75 | EPRO-B | Electrolux Professional | PairCorr |
| 0.79 | DOM | Dometic Group AB | PairCorr |
| 0.73 | BEIJ-B | Beijer Ref AB | PairCorr |
| 0.85 | KAR | Karnov Group AB | PairCorr |
Moving against ScandiDos Stock
| 0.88 | TEL2-A | Tele2 AB | PairCorr |
| 0.87 | VPLAY-A | Viaplay Group AB | PairCorr |
| 0.86 | ERIC-A | Telefonaktiebolaget | PairCorr |
| 0.7 | BRAV | Bravida Holding AB | PairCorr |
| 0.51 | GABA | Gabather AB | PairCorr |
Sensitivity To Market
With a beta of 0.92, ScandiDos AB shows measurable correlation with market returns. Beta is statistically defined as the regression slope between asset and benchmark returns. Current volatility is near 2.33%.ScandiDos AB return variability over the selected time horizon is summarized by standard deviation (2.33%) and semi-deviation (0.0%). For stocks, volatility is commonly tied to sentiment shifts and revisions in forward expectations.
3 Months Beta |Analyze ScandiDos AB Demand TrendCheck current 90 days ScandiDos correlation with market (Dow Jones Industrial)Downside Risk
The standard deviation of ScandiDos measures how widely its daily prices are dispersed around the mean. High standard deviation points to high volatility; low standard deviation points to price stability. The standard deviation of ScandiDos prices measures volatility as the average daily spread from the mean.
Standard Deviation | 2.33 |
Standard deviation captures both upside and downside movement in ScandiDos. While standard deviation captures total volatility, downside deviation focuses exclusively on the loss side of ScandiDos' returns. A complete risk picture of ScandiDos emerges when standard deviation and downside deviation are examined together. ScandiDos AB posted a Maximum Drawdown of 13.11 for the reported period.
Stock Volatility Analysis
ScandiDos stock volatility is a measure of the speed and extent of ScandiDos' price movements. A higher-volatility stock like ScandiDos may generate large gains or losses in a short timeframe. In most cases, the higher the volatility, the riskier the stock.
Transformation |
This analysis covers sixty-one data points across the selected time horizon. ScandiDos AB Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input.
Projected Return Density Against Market
Assuming the 90-day trading horizon ScandiDos has a beta of 0.9182 . This usually implies ScandiDos AB market returns are related to returns on the market. As the market goes up or down, ScandiDos is expected to follow.Systematic exposure aligns ScandiDos with overall stock market volatility, while unsystematic drivers reflect company or sector-specific developments. ScandiDos AB posted a Mean Deviation of 1.65 and a Standard Deviation of 2.33 for the reported period.
Predicted Return Distribution |
| Density |
What Drives ScandiDos' Price Volatility?
Industry Dynamics
Peer results and sector re-ratings in the Healthcare sector often influence how investors price ScandiDos' risk.Political and Economic Environment
Macro data and central-bank signals can change valuation assumptions and short-term positioning around ScandiDos.ScandiDos' Company-Specific Factors
Company-specific events such as product updates, strategic actions, or execution issues can trigger volatility clusters.Stock Risk Measures
Assuming the 90-day trading horizon the coefficient of variation of ScandiDos is -688.46. The daily returns are distributed with a variance of 5.43 and standard deviation of 2.33. The mean deviation of ScandiDos AB is currently at 1.66. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.82
α | Alpha over Dow Jones | -0.1329 | |
β | Beta against Dow Jones | 0.92 | |
σ | Overall volatility | 2.33 | |
Ir | Information ratio | -0.0545 |
Stock Return Volatility
Daily return volatility for ScandiDos measures how far stock returns deviate from their average on a day-to-day basis. The firm shows 2.3307% volatility of returns over 90 trading days. For comparison, Dow Jones Industrial has volatility of 0.8483% on return distribution over a 90-day investment horizon. Performance |
| Timeline |
Related Correlations Analysis
Correlation Matchups
Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.High positive correlations
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Risk-Adjusted Indicators
Evaluating ScandiDos Stock requires separating price momentum from underlying operating strength versus competitors. Risk-adjusted metrics help compare ScandiDos' efficiency and downside exposure against peers on a like-for-like basis. These indicators are quantitative in nature and help investors evaluate volatility and risk-adjusted expected returns across different positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| HEART | 1.37 | -0.09 | 0.00 | 0.23 | 0.00 | 4.00 | 9.67 | |||
| KONT | 3.46 | 0.05 | 0.02 | 0.05 | 3.92 | 7.30 | 32.79 | |||
| SPEC | 3.53 | -0.85 | 0.00 | 10.50 | 0.00 | 6.25 | 39.76 | |||
| ACOU | 4.41 | 0.39 | 0.11 | -0.76 | 4.15 | 14.84 | 36.83 | |||
| ONCOZ | 3.04 | -0.26 | 0.00 | 0.35 | 0.00 | 8.36 | 20.85 | |||
| LPGO | 8.92 | 0.19 | 0.03 | -0.23 | 10.56 | 28.00 | 118.05 | |||
| SIMRIS-B | 10.12 | 0.99 | 0.08 | -1.53 | 12.85 | 19.05 | 109.40 | |||
| NEWBRY | 3.36 | -0.73 | 0.00 | 27.37 | 0.00 | 6.14 | 23.95 | |||
| ORTI-B | 4.39 | 0.38 | 0.08 | -0.80 | 4.77 | 13.18 | 34.38 |
Risk Metrics, Assumptions & Methodology
Volatility for ScandiDos measures return dispersion and uncertainty over time. Dispersion metrics refine allocation models across asset classes. ScandiDos has a market cap of 104.9 M, P/E of 3.26, ROE of -28.32%.
Unless otherwise specified, data for ScandiDos AB is compiled from periodic company reporting and market reference feeds and standardized for comparability. Updates may occur throughout the day. Volatility and downside metrics are estimated from historical return dispersion.
This content is curated and reviewed by:
Rifka Kats - Member of Macroaxis Editorial BoardScandiDos Investment Opportunity
ScandiDos AB currently shows materially higher return volatility than Dow Jones Industrial, with a relative multiple of about 2.74. That added volatility may be acceptable only if the position is expected to deliver stronger return efficiency or diversification value.You can use ScandiDos AB to enhance the returns of the portfolio. This move summary looks at how the current session may translate into a basic near-term setup. It highlights whether the move looks ordinary, stressed, or unusually speculative for the instrument. a large bullish trend. Check odds of ScandiDos to be traded at kr1.023 in 90 days.Moderate diversification
Across the chosen horizon, ScandiDos and Dow Jones show a correlation of 0.28 and fall into the Moderate diversification bucket. This chart helps evaluate whether adding Dow Jones genuinely reduces risk relative to holding ScandiDos alone.
ScandiDos Additional Risk Indicators
A broader risk-indicator set for ScandiDos AB can improve buy, hold, hedge, and sell decisions by adding context beyond the most common measures. The stronger process compares similar securities with comparable growth and valuation context before ranking one as more or less risky.
| Risk Adjusted Performance | -0.06 | |||
| Market Risk Adjusted Performance | -0.20 | |||
| Mean Deviation | 1.65 | |||
| Coefficient Of Variation | -1,261 | |||
| Standard Deviation | 2.33 | |||
| Variance | 5.45 | |||
| Information Ratio | -0.05 |
ScandiDos Suggested Diversification Pairs
A pair strategy built around ScandiDos AB is useful when investors want to reduce directional market exposure while still expressing a relative-value idea. The advantage is that adverse movement in one leg may be partly offset by the other when correlation and thesis alignment hold.
Pair diversification lowers overall risk, though certain risk categories remain unaffected regardless of how positions are paired. Systematic risk - the risk tied to the overall market - cannot be eliminated by pairing ScandiDos with another position. However, ScandiDos' company-specific risk can be partially offset by selecting a pair that does not move in lockstep with ScandiDos AB.
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