Basler Kantonalbank (Switzerland) Market Value
| BSKP Stock | CHF 79.40 0.60 0.76% |
| Symbol | Basler |
Basler Kantonalbank '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 Basler Kantonalbank'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 Basler Kantonalbank.
| 12/18/2024 |
| 03/18/2025 |
If you would invest 0.00 in Basler Kantonalbank on December 18, 2024 and sell it all today you would earn a total of 0.00 from holding Basler Kantonalbank or generate 0.0% return on investment in Basler Kantonalbank over 90 days. Basler Kantonalbank is related to or competes with Banque Cantonale, Berner Kantonalbank, Luzerner Kantonalbank, Banque Cantonale, and St Galler. Basler Kantonalbank provides various banking products and services to private and corporate customers in Switzerland More
Basler Kantonalbank 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 Basler Kantonalbank'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 Basler Kantonalbank upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8227 | |||
| Information Ratio | 0.2994 | |||
| Maximum Drawdown | 5.93 | |||
| Value At Risk | (1.39) | |||
| Potential Upside | 2.08 |
Basler Kantonalbank Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Basler Kantonalbank's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Basler Kantonalbank's standard deviation. In reality, there are many statistical measures that can use Basler Kantonalbank historical prices to predict the future Basler Kantonalbank's volatility.| Risk Adjusted Performance | 0.1776 | |||
| Jensen Alpha | 0.1873 | |||
| Total Risk Alpha | 0.3243 | |||
| Sortino Ratio | 0.3714 | |||
| Treynor Ratio | (2.32) |
Basler Kantonalbank Backtested Returns
Basler Kantonalbank appears to be very steady, given 3 months investment horizon. Basler Kantonalbank secures Sharpe Ratio (or Efficiency) of 0.26, which signifies that the company had a 0.26 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Basler Kantonalbank, which you can use to evaluate the volatility of the firm. Please makes use of Basler Kantonalbank's Mean Deviation of 0.6984, downside deviation of 0.8227, and Risk Adjusted Performance of 0.1776 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Basler Kantonalbank holds a performance score of 20. The firm shows a Beta (market volatility) of -0.0846, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Basler Kantonalbank are expected to decrease at a much lower rate. During the bear market, Basler Kantonalbank is likely to outperform the market. Please check Basler Kantonalbank's sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to make a quick decision on whether Basler Kantonalbank's price patterns will revert.
Auto-correlation | 0.71 |
Good predictability
Basler Kantonalbank has good predictability. Overlapping area represents the amount of predictability between Basler Kantonalbank time series from 18th of December 2024 to 1st of February 2025 and 1st of February 2025 to 18th 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 Basler Kantonalbank price movement. The serial correlation of 0.71 indicates that around 71.0% of current Basler Kantonalbank price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.71 | |
| Spearman Rank Test | 0.72 | |
| Residual Average | 0.0 | |
| Price Variance | 8.11 |
Basler Kantonalbank lagged returns against current returns
Autocorrelation, which is Basler Kantonalbank 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 Basler Kantonalbank's stock expected returns. We can calculate the autocorrelation of Basler Kantonalbank returns to help us make a trade decision. For example, suppose you find that Basler Kantonalbank 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 |
Basler Kantonalbank 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 Basler Kantonalbank stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Basler Kantonalbank stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Basler Kantonalbank stock over time.
Current vs Lagged Prices |
| Timeline |
Basler Kantonalbank Lagged Returns
When evaluating Basler Kantonalbank's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Basler Kantonalbank stock have on its future price. Basler Kantonalbank 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, Basler Kantonalbank autocorrelation shows the relationship between Basler Kantonalbank stock current value and its past values and can show if there is a momentum factor associated with investing in Basler Kantonalbank.
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 Basler Stock Analysis
When running Basler Kantonalbank's price analysis, check to measure Basler Kantonalbank'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 Basler Kantonalbank is operating at the current time. Most of Basler Kantonalbank's value examination focuses on studying past and present price action to predict the probability of Basler Kantonalbank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Basler Kantonalbank's price. Additionally, you may evaluate how the addition of Basler Kantonalbank to your portfolios can decrease your overall portfolio volatility.