Burckhardt Compression (Switzerland) Market Value
| BCHN Stock | CHF 652.00 11.00 1.66% |
| Symbol | Burckhardt |
Burckhardt Compression '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 Burckhardt Compression'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 Burckhardt Compression.
| 11/14/2024 |
| 12/14/2024 |
If you would invest 0.00 in Burckhardt Compression on November 14, 2024 and sell it all today you would earn a total of 0.00 from holding Burckhardt Compression or generate 0.0% return on investment in Burckhardt Compression over 30 days. Burckhardt Compression is related to or competes with Bucher Industries, Sulzer AG, Comet Holding, Belimo Holding, and Komax Holding. Burckhardt Compression Holding AG manufactures and sells reciprocating compressors worldwide More
Burckhardt Compression 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 Burckhardt Compression'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 Burckhardt Compression upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.36 | |||
| Information Ratio | 0.0422 | |||
| Maximum Drawdown | 6.91 | |||
| Value At Risk | (1.99) | |||
| Potential Upside | 2.51 |
Burckhardt Compression Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Burckhardt Compression's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Burckhardt Compression's standard deviation. In reality, there are many statistical measures that can use Burckhardt Compression historical prices to predict the future Burckhardt Compression's volatility.| Risk Adjusted Performance | 0.088 | |||
| Jensen Alpha | 0.1626 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0429 | |||
| Treynor Ratio | (0.93) |
Burckhardt Compression Backtested Returns
At this stage we consider Burckhardt Stock to be very steady. Burckhardt Compression secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Burckhardt Compression, which you can use to evaluate the volatility of the firm. Please confirm Burckhardt Compression's Downside Deviation of 1.36, risk adjusted performance of 0.088, and Mean Deviation of 1.05 to double-check if the risk estimate we provide is consistent with the expected return of 0.18%. Burckhardt Compression has a performance score of 10 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.16, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Burckhardt Compression are expected to decrease at a much lower rate. During the bear market, Burckhardt Compression is likely to outperform the market. Burckhardt Compression right now shows a risk of 1.38%. Please confirm Burckhardt Compression sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to decide if Burckhardt Compression will be following its price patterns.
Auto-correlation | -0.34 |
Poor reverse predictability
Burckhardt Compression has poor reverse predictability. Overlapping area represents the amount of predictability between Burckhardt Compression time series from 14th of November 2024 to 29th of November 2024 and 29th of November 2024 to 14th 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 Burckhardt Compression price movement. The serial correlation of -0.34 indicates that nearly 34.0% of current Burckhardt Compression price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.34 | |
| Spearman Rank Test | -0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 36.63 |
Burckhardt Compression lagged returns against current returns
Autocorrelation, which is Burckhardt Compression 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 Burckhardt Compression's stock expected returns. We can calculate the autocorrelation of Burckhardt Compression returns to help us make a trade decision. For example, suppose you find that Burckhardt Compression 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 |
Burckhardt Compression 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 Burckhardt Compression stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Burckhardt Compression stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Burckhardt Compression stock over time.
Current vs Lagged Prices |
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Burckhardt Compression Lagged Returns
When evaluating Burckhardt Compression's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Burckhardt Compression stock have on its future price. Burckhardt Compression 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, Burckhardt Compression autocorrelation shows the relationship between Burckhardt Compression stock current value and its past values and can show if there is a momentum factor associated with investing in Burckhardt Compression.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Burckhardt Stock Analysis
When running Burckhardt Compression's price analysis, check to measure Burckhardt Compression'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 Burckhardt Compression is operating at the current time. Most of Burckhardt Compression's value examination focuses on studying past and present price action to predict the probability of Burckhardt Compression's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Burckhardt Compression's price. Additionally, you may evaluate how the addition of Burckhardt Compression to your portfolios can decrease your overall portfolio volatility.