Synchrony Swiss (Switzerland) Market Value
| 0P0000KA0A | 123.06 0.38 0.31% |
| Symbol | Synchrony |
Synchrony Swiss '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 Synchrony Swiss' fund 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 Synchrony Swiss.
| 11/26/2024 |
| 12/26/2024 |
If you would invest 0.00 in Synchrony Swiss on November 26, 2024 and sell it all today you would earn a total of 0.00 from holding Synchrony Swiss Real or generate 0.0% return on investment in Synchrony Swiss over 30 days.
Synchrony Swiss 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 Synchrony Swiss' fund 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 Synchrony Swiss Real upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.4402 | |||
| Information Ratio | 0.0892 | |||
| Maximum Drawdown | 2.54 | |||
| Value At Risk | (0.48) | |||
| Potential Upside | 0.8699 |
Synchrony Swiss Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Synchrony Swiss' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Synchrony Swiss' standard deviation. In reality, there are many statistical measures that can use Synchrony Swiss historical prices to predict the future Synchrony Swiss' volatility.| Risk Adjusted Performance | 0.1398 | |||
| Jensen Alpha | 0.0783 | |||
| Total Risk Alpha | 0.0565 | |||
| Sortino Ratio | 0.0963 | |||
| Treynor Ratio | (2.23) |
Synchrony Swiss Real Backtested Returns
As of now, Synchrony Fund is very steady. Synchrony Swiss Real owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates the fund had a 0.13% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Synchrony Swiss Real, which you can use to evaluate the volatility of the fund. Please validate Synchrony Swiss' Coefficient Of Variation of 545.44, risk adjusted performance of 0.1398, and Semi Deviation of 0.2507 to confirm if the risk estimate we provide is consistent with the expected return of 0.0596%. The entity has a beta of -0.0346, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Synchrony Swiss are expected to decrease at a much lower rate. During the bear market, Synchrony Swiss is likely to outperform the market.
Auto-correlation | -0.49 |
Modest reverse predictability
Synchrony Swiss Real has modest reverse predictability. Overlapping area represents the amount of predictability between Synchrony Swiss time series from 26th of November 2024 to 11th of December 2024 and 11th of December 2024 to 26th of December 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 Synchrony Swiss Real price movement. The serial correlation of -0.49 indicates that about 49.0% of current Synchrony Swiss price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.49 | |
| Spearman Rank Test | -0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
Synchrony Swiss Real lagged returns against current returns
Autocorrelation, which is Synchrony Swiss fund'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 Synchrony Swiss' fund expected returns. We can calculate the autocorrelation of Synchrony Swiss returns to help us make a trade decision. For example, suppose you find that Synchrony Swiss has exhibited high autocorrelation historically, and you observe that the fund 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 |
Synchrony Swiss 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 Synchrony Swiss fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Synchrony Swiss fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Synchrony Swiss fund over time.
Current vs Lagged Prices |
| Timeline |
Synchrony Swiss Lagged Returns
When evaluating Synchrony Swiss' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Synchrony Swiss fund have on its future price. Synchrony Swiss 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, Synchrony Swiss autocorrelation shows the relationship between Synchrony Swiss fund current value and its past values and can show if there is a momentum factor associated with investing in Synchrony Swiss Real.
Regressed Prices |
| Timeline |
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