Swisscom Ag Stock Market Value
| SCMWY Stock | USD 56.83 0.93 1.66% |
| Symbol | SwissCom |
SwissCom '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 SwissCom'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 SwissCom.
| 10/26/2024 |
| 12/25/2024 |
If you would invest 0.00 in SwissCom on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding SwissCom AG or generate 0.0% return on investment in SwissCom over 60 days. SwissCom is related to or competes with 01 Communique, LifeSpeak, RenoWorks Software, Morningstar Unconstrained, Thrivent High, Via Renewables, and T Rowe. Swisscom AG provides telecommunication services primarily in Switzerland, Italy, and internationally More
SwissCom 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 SwissCom'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 SwissCom AG upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.21) | |||
| Maximum Drawdown | 6.22 | |||
| Value At Risk | (1.73) | |||
| Potential Upside | 1.66 |
SwissCom Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SwissCom's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SwissCom's standard deviation. In reality, there are many statistical measures that can use SwissCom historical prices to predict the future SwissCom's volatility.| Risk Adjusted Performance | (0.13) | |||
| Jensen Alpha | (0.20) | |||
| Total Risk Alpha | (0.25) | |||
| Treynor Ratio | 5.32 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of SwissCom'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.
SwissCom AG Backtested Returns
SwissCom AG owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.19, which indicates the firm had a -0.19% return per unit of risk over the last 3 months. SwissCom AG exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SwissCom's Coefficient Of Variation of (599.70), risk adjusted performance of (0.13), and Variance of 1.31 to confirm the risk estimate we provide. The entity has a beta of -0.0378, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning SwissCom are expected to decrease at a much lower rate. During the bear market, SwissCom is likely to outperform the market. At this point, SwissCom AG has a negative expected return of -0.22%. Please make sure to validate SwissCom's maximum drawdown, daily balance of power, period momentum indicator, as well as the relationship between the skewness and day typical price , to decide if SwissCom AG performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.60 |
Good predictability
SwissCom AG has good predictability. Overlapping area represents the amount of predictability between SwissCom time series from 26th of October 2024 to 25th of November 2024 and 25th of November 2024 to 25th 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 SwissCom AG price movement. The serial correlation of 0.6 indicates that roughly 60.0% of current SwissCom price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.6 | |
| Spearman Rank Test | 0.67 | |
| Residual Average | 0.0 | |
| Price Variance | 0.59 |
SwissCom AG lagged returns against current returns
Autocorrelation, which is SwissCom 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 SwissCom's pink sheet expected returns. We can calculate the autocorrelation of SwissCom returns to help us make a trade decision. For example, suppose you find that SwissCom 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 |
SwissCom 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 SwissCom pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SwissCom pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SwissCom pink sheet over time.
Current vs Lagged Prices |
| Timeline |
SwissCom Lagged Returns
When evaluating SwissCom's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SwissCom pink sheet have on its future price. SwissCom 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, SwissCom autocorrelation shows the relationship between SwissCom pink sheet current value and its past values and can show if there is a momentum factor associated with investing in SwissCom 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 SwissCom Pink Sheet Analysis
When running SwissCom's price analysis, check to measure SwissCom'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 SwissCom is operating at the current time. Most of SwissCom's value examination focuses on studying past and present price action to predict the probability of SwissCom's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SwissCom's price. Additionally, you may evaluate how the addition of SwissCom to your portfolios can decrease your overall portfolio volatility.