Baloise Holding Ltd Stock Market Value
| BLHEY Stock | USD 19.00 0.00 0.00% |
| Symbol | Baloise |
Baloise Holding '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 Holding's pink sheet 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 Holding.
| 12/24/2022 |
| 12/13/2024 |
If you would invest 0.00 in Baloise Holding on December 24, 2022 and sell it all today you would earn a total of 0.00 from holding Baloise Holding Ltd or generate 0.0% return on investment in Baloise Holding over 720 days. Baloise Holding is related to or competes with Swiss Life, Zurich Insurance, and Allianz SE. Bloise Holding AG, together with its subsidiaries, primarily engages in the insurance and banking businesses in Switzerl... More
Baloise Holding 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 Holding's pink sheet 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 Holding Ltd upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 14.98 |
Baloise Holding Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Baloise Holding's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Baloise Holding's standard deviation. In reality, there are many statistical measures that can use Baloise Holding historical prices to predict the future Baloise Holding's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.26) | |||
| Treynor Ratio | (0.08) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Baloise Holding's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Baloise Holding Backtested Returns
At this stage we consider Baloise Pink Sheet to be very steady. Baloise Holding secures Sharpe Ratio (or Efficiency) of 0.0032, which signifies that the company had a 0.0032% return per unit of risk over the last 3 months. We have found sixteen technical indicators for Baloise Holding Ltd, which you can use to evaluate the volatility of the firm. Please confirm Baloise Holding's insignificant Risk Adjusted Performance, mean deviation of 0.4228, and Standard Deviation of 1.87 to double-check if the risk estimate we provide is consistent with the expected return of 0.006%. The firm shows a Beta (market volatility) of 0.39, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Baloise Holding's returns are expected to increase less than the market. However, during the bear market, the loss of holding Baloise Holding is expected to be smaller as well. Baloise Holding right now shows a risk of 1.89%. Please confirm Baloise Holding standard deviation and skewness , to decide if Baloise Holding will be following its price patterns.
Auto-correlation | 0.29 |
Poor predictability
Baloise Holding Ltd has poor predictability. Overlapping area represents the amount of predictability between Baloise Holding time series from 24th of December 2022 to 19th of December 2023 and 19th of December 2023 to 13th 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 Holding price movement. The serial correlation of 0.29 indicates that nearly 29.0% of current Baloise Holding price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.29 | |
| Spearman Rank Test | 0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 2.54 |
Baloise Holding lagged returns against current returns
Autocorrelation, which is Baloise Holding pink sheet'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 Holding's pink sheet expected returns. We can calculate the autocorrelation of Baloise Holding returns to help us make a trade decision. For example, suppose you find that Baloise Holding has exhibited high autocorrelation historically, and you observe that the pink sheet 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 Holding 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 Holding pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Baloise Holding pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Baloise Holding pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Baloise Holding Lagged Returns
When evaluating Baloise Holding's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Baloise Holding pink sheet have on its future price. Baloise Holding 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 Holding autocorrelation shows the relationship between Baloise Holding pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Baloise Holding Ltd.
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 Baloise Pink Sheet Analysis
When running Baloise Holding's price analysis, check to measure Baloise Holding'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 Baloise Holding is operating at the current time. Most of Baloise Holding's value examination focuses on studying past and present price action to predict the probability of Baloise Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Baloise Holding's price. Additionally, you may evaluate how the addition of Baloise Holding to your portfolios can decrease your overall portfolio volatility.