Luzerner Kantonalbank (Switzerland) Market Value
| LUKN Stock | CHF 68.90 0.90 1.32% |
| Symbol | Luzerner |
Luzerner 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 Luzerner 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 Luzerner Kantonalbank.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Luzerner Kantonalbank on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Luzerner Kantonalbank AG or generate 0.0% return on investment in Luzerner Kantonalbank over 90 days. Luzerner Kantonalbank is related to or competes with St Galler, Banque Cantonale, Berner Kantonalbank, Emmi AG, and Banque Cantonale. Luzerner Kantonalbank AG provides various banking products and services to individuals, companies, institutions, familie... More
Luzerner 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 Luzerner 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 Luzerner Kantonalbank AG upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8749 | |||
| Information Ratio | 0.2696 | |||
| Maximum Drawdown | 3.41 | |||
| Value At Risk | (1.17) | |||
| Potential Upside | 1.15 |
Luzerner Kantonalbank Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Luzerner Kantonalbank's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Luzerner Kantonalbank's standard deviation. In reality, there are many statistical measures that can use Luzerner Kantonalbank historical prices to predict the future Luzerner Kantonalbank's volatility.| Risk Adjusted Performance | 0.1179 | |||
| Jensen Alpha | 0.1109 | |||
| Total Risk Alpha | 0.1866 | |||
| Sortino Ratio | 0.2307 | |||
| Treynor Ratio | 0.559 |
Luzerner Kantonalbank Backtested Returns
At this stage we consider Luzerner Stock to be very steady. Luzerner Kantonalbank has Sharpe Ratio of 0.17, which conveys that the firm had a 0.17 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Luzerner Kantonalbank, which you can use to evaluate the volatility of the firm. Please verify Luzerner Kantonalbank's Downside Deviation of 0.8749, risk adjusted performance of 0.1179, and Mean Deviation of 0.5824 to check out if the risk estimate we provide is consistent with the expected return of 0.13%. Luzerner Kantonalbank has a performance score of 13 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.17, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Luzerner Kantonalbank's returns are expected to increase less than the market. However, during the bear market, the loss of holding Luzerner Kantonalbank is expected to be smaller as well. Luzerner Kantonalbank right now secures a risk of 0.77%. Please verify Luzerner Kantonalbank AG maximum drawdown, potential upside, semi variance, as well as the relationship between the value at risk and downside variance , to decide if Luzerner Kantonalbank AG will be following its current price movements.
Auto-correlation | 0.10 |
Insignificant predictability
Luzerner Kantonalbank AG has insignificant predictability. Overlapping area represents the amount of predictability between Luzerner Kantonalbank 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 Luzerner Kantonalbank price movement. The serial correlation of 0.1 indicates that less than 10.0% of current Luzerner Kantonalbank price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.1 | |
| Spearman Rank Test | -0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 0.6 |
Luzerner Kantonalbank lagged returns against current returns
Autocorrelation, which is Luzerner 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 Luzerner Kantonalbank's stock expected returns. We can calculate the autocorrelation of Luzerner Kantonalbank returns to help us make a trade decision. For example, suppose you find that Luzerner 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 |
Luzerner 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 Luzerner Kantonalbank stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Luzerner Kantonalbank stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Luzerner Kantonalbank stock over time.
Current vs Lagged Prices |
| Timeline |
Luzerner Kantonalbank Lagged Returns
When evaluating Luzerner Kantonalbank's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Luzerner Kantonalbank stock have on its future price. Luzerner 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, Luzerner Kantonalbank autocorrelation shows the relationship between Luzerner Kantonalbank stock current value and its past values and can show if there is a momentum factor associated with investing in Luzerner Kantonalbank 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 Luzerner Stock Analysis
When running Luzerner Kantonalbank's price analysis, check to measure Luzerner 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 Luzerner Kantonalbank is operating at the current time. Most of Luzerner Kantonalbank's value examination focuses on studying past and present price action to predict the probability of Luzerner 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 Luzerner Kantonalbank's price. Additionally, you may evaluate how the addition of Luzerner Kantonalbank to your portfolios can decrease your overall portfolio volatility.