LandisGyr Group (Switzerland) Market Value
| LAND Stock | CHF 56.00 0.70 1.23% |
| Symbol | LandisGyr |
LandisGyr Group '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 LandisGyr Group'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 LandisGyr Group.
| 04/21/2024 |
| 12/17/2024 |
If you would invest 0.00 in LandisGyr Group on April 21, 2024 and sell it all today you would earn a total of 0.00 from holding LandisGyr Group AG or generate 0.0% return on investment in LandisGyr Group over 240 days. LandisGyr Group is related to or competes with Metall Zug, Zuger Kantonalbank, Mobilezone, Cicor Technologies, Logitech International, and Zurich Insurance. LandisGyr Group AG provides metering solutions for electricity, heatcold, and gas utilities worldwide More
LandisGyr Group 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 LandisGyr Group'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 LandisGyr Group AG upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.31) | |||
| Maximum Drawdown | 9.06 | |||
| Value At Risk | (3.22) | |||
| Potential Upside | 2.09 |
LandisGyr Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for LandisGyr Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as LandisGyr Group's standard deviation. In reality, there are many statistical measures that can use LandisGyr Group historical prices to predict the future LandisGyr Group's volatility.| Risk Adjusted Performance | (0.18) | |||
| Jensen Alpha | (0.46) | |||
| Total Risk Alpha | (0.61) | |||
| Treynor Ratio | (1.41) |
LandisGyr Group AG Backtested Returns
LandisGyr Group AG has Sharpe Ratio of -0.27, which conveys that the firm had a -0.27% return per unit of risk over the last 3 months. LandisGyr Group exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify LandisGyr Group's Mean Deviation of 1.23, standard deviation of 1.64, and Risk Adjusted Performance of (0.18) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.31, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, LandisGyr Group's returns are expected to increase less than the market. However, during the bear market, the loss of holding LandisGyr Group is expected to be smaller as well. At this point, LandisGyr Group AG has a negative expected return of -0.45%. Please make sure to verify LandisGyr Group's total risk alpha, maximum drawdown, skewness, as well as the relationship between the treynor ratio and potential upside , to decide if LandisGyr Group AG performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.6 |
Good reverse predictability
LandisGyr Group AG has good reverse predictability. Overlapping area represents the amount of predictability between LandisGyr Group time series from 21st of April 2024 to 19th of August 2024 and 19th of August 2024 to 17th 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 LandisGyr Group AG price movement. The serial correlation of -0.6 indicates that roughly 60.0% of current LandisGyr Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.6 | |
| Spearman Rank Test | -0.69 | |
| Residual Average | 0.0 | |
| Price Variance | 30.61 |
LandisGyr Group AG lagged returns against current returns
Autocorrelation, which is LandisGyr Group 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 LandisGyr Group's stock expected returns. We can calculate the autocorrelation of LandisGyr Group returns to help us make a trade decision. For example, suppose you find that LandisGyr Group 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 |
LandisGyr Group 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 LandisGyr Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if LandisGyr Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in LandisGyr Group stock over time.
Current vs Lagged Prices |
| Timeline |
LandisGyr Group Lagged Returns
When evaluating LandisGyr Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of LandisGyr Group stock have on its future price. LandisGyr Group 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, LandisGyr Group autocorrelation shows the relationship between LandisGyr Group stock current value and its past values and can show if there is a momentum factor associated with investing in LandisGyr Group AG.
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 LandisGyr Stock Analysis
When running LandisGyr Group's price analysis, check to measure LandisGyr Group'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 LandisGyr Group is operating at the current time. Most of LandisGyr Group's value examination focuses on studying past and present price action to predict the probability of LandisGyr Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LandisGyr Group's price. Additionally, you may evaluate how the addition of LandisGyr Group to your portfolios can decrease your overall portfolio volatility.