Banque Cantonale (Switzerland) Market Value
| BCVN Stock | CHF 94.50 0.50 0.53% |
| Symbol | Banque |
Banque Cantonale '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 Banque Cantonale'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 Banque Cantonale.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Banque Cantonale on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Banque Cantonale or generate 0.0% return on investment in Banque Cantonale over 90 days. Banque Cantonale is related to or competes with Helvetia Holding, Cembra Money, Swisscom, Swiss Life, and Baloise Holding. Banque Cantonale Vaudoise provides a range of financial services in Vaud Canton and rest of Switzerland, and internation... More
Banque Cantonale 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 Banque Cantonale'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 Banque Cantonale upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.27 | |||
| Information Ratio | 0.1288 | |||
| Maximum Drawdown | 10.4 | |||
| Value At Risk | (1.43) | |||
| Potential Upside | 1.84 |
Banque Cantonale Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Banque Cantonale's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Banque Cantonale's standard deviation. In reality, there are many statistical measures that can use Banque Cantonale historical prices to predict the future Banque Cantonale's volatility.| Risk Adjusted Performance | 0.0632 | |||
| Jensen Alpha | 0.0826 | |||
| Total Risk Alpha | 0.3002 | |||
| Sortino Ratio | 0.0914 | |||
| Treynor Ratio | (0.68) |
Banque Cantonale Backtested Returns
Banque Cantonale appears to be very steady, given 3 months investment horizon. Banque Cantonale secures Sharpe Ratio (or Efficiency) of 0.22, which signifies that the company had a 0.22 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Banque Cantonale, which you can use to evaluate the volatility of the firm. Please makes use of Banque Cantonale's Downside Deviation of 2.27, mean deviation of 0.8782, and Risk Adjusted Performance of 0.0632 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Banque Cantonale holds a performance score of 17. The firm shows a Beta (market volatility) of -0.15, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Banque Cantonale are expected to decrease at a much lower rate. During the bear market, Banque Cantonale is likely to outperform the market. Please check Banque Cantonale's total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to make a quick decision on whether Banque Cantonale's price patterns will revert.
Auto-correlation | 0.95 |
Excellent predictability
Banque Cantonale has excellent predictability. Overlapping area represents the amount of predictability between Banque Cantonale time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Banque Cantonale price movement. The serial correlation of 0.95 indicates that approximately 95.0% of current Banque Cantonale price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.95 | |
| Spearman Rank Test | 0.96 | |
| Residual Average | 0.0 | |
| Price Variance | 4.0 |
Banque Cantonale lagged returns against current returns
Autocorrelation, which is Banque Cantonale 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 Banque Cantonale's stock expected returns. We can calculate the autocorrelation of Banque Cantonale returns to help us make a trade decision. For example, suppose you find that Banque Cantonale 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 |
Banque Cantonale 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 Banque Cantonale stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Banque Cantonale stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Banque Cantonale stock over time.
Current vs Lagged Prices |
| Timeline |
Banque Cantonale Lagged Returns
When evaluating Banque Cantonale's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Banque Cantonale stock have on its future price. Banque Cantonale 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, Banque Cantonale autocorrelation shows the relationship between Banque Cantonale stock current value and its past values and can show if there is a momentum factor associated with investing in Banque Cantonale.
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 Banque Stock Analysis
When running Banque Cantonale's price analysis, check to measure Banque Cantonale'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 Banque Cantonale is operating at the current time. Most of Banque Cantonale's value examination focuses on studying past and present price action to predict the probability of Banque Cantonale's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Banque Cantonale's price. Additionally, you may evaluate how the addition of Banque Cantonale to your portfolios can decrease your overall portfolio volatility.