Sensirion Holding (Switzerland) Market Value
| SENS Stock | CHF 55.80 0.20 0.36% |
| Symbol | Sensirion |
Sensirion Holding '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 Sensirion Holding'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 Sensirion Holding.
| 11/15/2024 |
| 12/15/2024 |
If you would invest 0.00 in Sensirion Holding on November 15, 2024 and sell it all today you would earn a total of 0.00 from holding Sensirion Holding AG or generate 0.0% return on investment in Sensirion Holding over 30 days. Sensirion Holding is related to or competes with VAT Group, Bachem Holding, Inficon Holding, Tecan Group, and Siegfried Holding. Sensirion Holding AG, together with its subsidiaries, engages in the development, production, sale, and servicing of sen... More
Sensirion Holding 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 Sensirion Holding'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 Sensirion Holding AG upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 21.0 | |||
| Value At Risk | (4.07) | |||
| Potential Upside | 4.62 |
Sensirion Holding Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sensirion Holding's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sensirion Holding's standard deviation. In reality, there are many statistical measures that can use Sensirion Holding historical prices to predict the future Sensirion Holding's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.24) | |||
| Total Risk Alpha | (0.50) | |||
| Treynor Ratio | (0.08) |
Sensirion Holding Backtested Returns
Sensirion Holding owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0363, which indicates the firm had a -0.0363% return per unit of risk over the last 3 months. Sensirion Holding AG exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sensirion Holding's Risk Adjusted Performance of (0.02), variance of 9.71, and Coefficient Of Variation of (3,082) to confirm the risk estimate we provide. The entity has a beta of 1.4, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Sensirion Holding will likely underperform. At this point, Sensirion Holding has a negative expected return of -0.11%. Please make sure to validate Sensirion Holding's maximum drawdown, potential upside, kurtosis, as well as the relationship between the value at risk and skewness , to decide if Sensirion Holding performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.43 |
Modest reverse predictability
Sensirion Holding AG has modest reverse predictability. Overlapping area represents the amount of predictability between Sensirion Holding time series from 15th of November 2024 to 30th of November 2024 and 30th of November 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 Sensirion Holding price movement. The serial correlation of -0.43 indicates that just about 43.0% of current Sensirion Holding price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.43 | |
| Spearman Rank Test | -0.79 | |
| Residual Average | 0.0 | |
| Price Variance | 0.85 |
Sensirion Holding lagged returns against current returns
Autocorrelation, which is Sensirion Holding 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 Sensirion Holding's stock expected returns. We can calculate the autocorrelation of Sensirion Holding returns to help us make a trade decision. For example, suppose you find that Sensirion Holding 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 |
Sensirion Holding 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 Sensirion Holding stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sensirion Holding stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sensirion Holding stock over time.
Current vs Lagged Prices |
| Timeline |
Sensirion Holding Lagged Returns
When evaluating Sensirion Holding's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sensirion Holding stock have on its future price. Sensirion Holding 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, Sensirion Holding autocorrelation shows the relationship between Sensirion Holding stock current value and its past values and can show if there is a momentum factor associated with investing in Sensirion Holding 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 Sensirion Stock Analysis
When running Sensirion Holding's price analysis, check to measure Sensirion Holding'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 Sensirion Holding is operating at the current time. Most of Sensirion Holding's value examination focuses on studying past and present price action to predict the probability of Sensirion Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sensirion Holding's price. Additionally, you may evaluate how the addition of Sensirion Holding to your portfolios can decrease your overall portfolio volatility.