PSP Swiss (Switzerland) Market Value
| PSPN Stock | CHF 127.00 0.20 0.16% |
| Symbol | PSP |
PSP Swiss '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 PSP Swiss' 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 PSP Swiss.
| 12/21/2023 |
| 12/15/2024 |
If you would invest 0.00 in PSP Swiss on December 21, 2023 and sell it all today you would earn a total of 0.00 from holding PSP Swiss Property or generate 0.0% return on investment in PSP Swiss over 360 days. PSP Swiss is related to or competes with Swiss Prime, Allreal Holding, Mobimo Hldg, Helvetia Holding, and Baloise Holding. PSP Swiss Property AG, together with its subsidiaries, owns and operates real estate properties in Switzerland More
PSP Swiss 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 PSP Swiss' 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 PSP Swiss Property upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8093 | |||
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 3.47 | |||
| Value At Risk | (1.61) | |||
| Potential Upside | 1.31 |
PSP Swiss Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PSP Swiss' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PSP Swiss' standard deviation. In reality, there are many statistical measures that can use PSP Swiss historical prices to predict the future PSP Swiss' volatility.| Risk Adjusted Performance | 0.0079 | |||
| Jensen Alpha | 0.0025 | |||
| Total Risk Alpha | (0.1) | |||
| Sortino Ratio | (0.11) | |||
| Treynor Ratio | 0.0429 |
PSP Swiss Property Backtested Returns
At this stage we consider PSP Stock to be very steady. PSP Swiss Property maintains Sharpe Ratio (i.e., Efficiency) of 0.0193, which implies the firm had a 0.0193% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for PSP Swiss Property, which you can use to evaluate the volatility of the company. Please check PSP Swiss' Risk Adjusted Performance of 0.0079, semi deviation of 0.7439, and Market Risk Adjusted Performance of 0.0529 to confirm if the risk estimate we provide is consistent with the expected return of 0.0149%. PSP Swiss has a performance score of 1 on a scale of 0 to 100. The company holds a Beta of -0.0524, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning PSP Swiss are expected to decrease at a much lower rate. During the bear market, PSP Swiss is likely to outperform the market. PSP Swiss Property presently holds a risk of 0.77%. Please check PSP Swiss Property treynor ratio, value at risk, and the relationship between the sortino ratio and maximum drawdown , to decide if PSP Swiss Property will be following its historical price patterns.
Auto-correlation | 0.07 |
Virtually no predictability
PSP Swiss Property has virtually no predictability. Overlapping area represents the amount of predictability between PSP Swiss time series from 21st of December 2023 to 18th of June 2024 and 18th of June 2024 to 15th 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 PSP Swiss Property price movement. The serial correlation of 0.07 indicates that barely 7.0% of current PSP Swiss price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.07 | |
| Spearman Rank Test | 0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 14.12 |
PSP Swiss Property lagged returns against current returns
Autocorrelation, which is PSP Swiss 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 PSP Swiss' stock expected returns. We can calculate the autocorrelation of PSP Swiss returns to help us make a trade decision. For example, suppose you find that PSP Swiss 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 |
PSP Swiss 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 PSP Swiss stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PSP Swiss stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PSP Swiss stock over time.
Current vs Lagged Prices |
| Timeline |
PSP Swiss Lagged Returns
When evaluating PSP Swiss' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PSP Swiss stock have on its future price. PSP Swiss 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, PSP Swiss autocorrelation shows the relationship between PSP Swiss stock current value and its past values and can show if there is a momentum factor associated with investing in PSP Swiss Property.
Regressed Prices |
| Timeline |
Also Currently Popular
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 PSP Stock Analysis
When running PSP Swiss' price analysis, check to measure PSP Swiss' 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 PSP Swiss is operating at the current time. Most of PSP Swiss' value examination focuses on studying past and present price action to predict the probability of PSP Swiss' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PSP Swiss' price. Additionally, you may evaluate how the addition of PSP Swiss to your portfolios can decrease your overall portfolio volatility.