Baloise Swiss (Switzerland) Market Value
| BALSP Fund | 127.00 1.00 0.79% |
| Symbol | Baloise |
Baloise 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 Baloise 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 Baloise Swiss.
| 06/28/2024 |
| 12/25/2024 |
If you would invest 0.00 in Baloise Swiss on June 28, 2024 and sell it all today you would earn a total of 0.00 from holding Baloise Swiss Property or generate 0.0% return on investment in Baloise Swiss over 180 days.
Baloise 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 Baloise 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 Baloise Swiss Property upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8564 | |||
| Information Ratio | 0.1697 | |||
| Maximum Drawdown | 4.04 | |||
| Value At Risk | (0.84) | |||
| Potential Upside | 1.2 |
Baloise Swiss Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Baloise Swiss' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Baloise Swiss' standard deviation. In reality, there are many statistical measures that can use Baloise Swiss historical prices to predict the future Baloise Swiss' volatility.| Risk Adjusted Performance | 0.1868 | |||
| Jensen Alpha | 0.1575 | |||
| Total Risk Alpha | 0.12 | |||
| Sortino Ratio | 0.1338 | |||
| Treynor Ratio | (0.64) |
Baloise Swiss Property Backtested Returns
Currently, Baloise Swiss Property is very steady. Baloise Swiss Property secures Sharpe Ratio (or Efficiency) of 0.21, which signifies that the fund had a 0.21% return per unit of risk over the last 3 months. We have found thirty technical indicators for Baloise Swiss Property, which you can use to evaluate the volatility of the entity. Please confirm Baloise Swiss' Downside Deviation of 0.8564, risk adjusted performance of 0.1868, and Mean Deviation of 0.5129 to double-check if the risk estimate we provide is consistent with the expected return of 0.14%. The fund shows a Beta (market volatility) of -0.23, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Baloise Swiss are expected to decrease at a much lower rate. During the bear market, Baloise Swiss is likely to outperform the market.
Auto-correlation | -0.18 |
Insignificant reverse predictability
Baloise Swiss Property has insignificant reverse predictability. Overlapping area represents the amount of predictability between Baloise Swiss time series from 28th of June 2024 to 26th of September 2024 and 26th of September 2024 to 25th 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 Baloise Swiss Property price movement. The serial correlation of -0.18 indicates that over 18.0% of current Baloise Swiss price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.18 | |
| Spearman Rank Test | -0.51 | |
| Residual Average | 0.0 | |
| Price Variance | 8.6 |
Baloise Swiss Property lagged returns against current returns
Autocorrelation, which is Baloise 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 Baloise Swiss' fund expected returns. We can calculate the autocorrelation of Baloise Swiss returns to help us make a trade decision. For example, suppose you find that Baloise 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 |
Baloise 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 Baloise Swiss fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Baloise Swiss fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Baloise Swiss fund over time.
Current vs Lagged Prices |
| Timeline |
Baloise Swiss Lagged Returns
When evaluating Baloise Swiss' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Baloise Swiss fund have on its future price. Baloise 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, Baloise Swiss autocorrelation shows the relationship between Baloise Swiss fund current value and its past values and can show if there is a momentum factor associated with investing in Baloise Swiss Property.
Regressed Prices |
| Timeline |
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