Zuger Kantonalbank (Switzerland) Market Value
| ZUGER Stock | CHF 8,660 20.00 0.23% |
| Symbol | Zuger |
Zuger 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 Zuger 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 Zuger Kantonalbank.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Zuger Kantonalbank on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Zuger Kantonalbank or generate 0.0% return on investment in Zuger Kantonalbank over 90 days. Zuger Kantonalbank is related to or competes with Banque Cantonale, St Galler, Luzerner Kantonalbank, PSP Swiss, and Berner Kantonalbank. Zuger Kantonalbank provides various banking products and services to private and corporate clients in Switzerland More
Zuger 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 Zuger 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 Zuger Kantonalbank upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.04 | |||
| Information Ratio | 0.2135 | |||
| Maximum Drawdown | 6.07 | |||
| Value At Risk | (1.35) | |||
| Potential Upside | 2.02 |
Zuger Kantonalbank Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Zuger Kantonalbank's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Zuger Kantonalbank's standard deviation. In reality, there are many statistical measures that can use Zuger Kantonalbank historical prices to predict the future Zuger Kantonalbank's volatility.| Risk Adjusted Performance | 0.1027 | |||
| Jensen Alpha | 0.0971 | |||
| Total Risk Alpha | 0.236 | |||
| Sortino Ratio | 0.2082 | |||
| Treynor Ratio | (1.04) |
Zuger Kantonalbank Backtested Returns
Currently, Zuger Kantonalbank is very steady. Zuger Kantonalbank shows Sharpe Ratio of 0.12, which attests that the company had a 0.12 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Zuger Kantonalbank, which you can use to evaluate the volatility of the company. Please check out Zuger Kantonalbank's Mean Deviation of 0.7134, market risk adjusted performance of (1.03), and Downside Deviation of 1.04 to validate if the risk estimate we provide is consistent with the expected return of 0.12%. Zuger Kantonalbank has a performance score of 9 on a scale of 0 to 100. The firm maintains a market beta of -0.1, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Zuger Kantonalbank are expected to decrease at a much lower rate. During the bear market, Zuger Kantonalbank is likely to outperform the market. Zuger Kantonalbank right now maintains a risk of 1.02%. Please check out Zuger Kantonalbank semi variance, and the relationship between the treynor ratio and daily balance of power , to decide if Zuger Kantonalbank will be following its historical returns.
Auto-correlation | 0.52 |
Modest predictability
Zuger Kantonalbank has modest predictability. Overlapping area represents the amount of predictability between Zuger Kantonalbank time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 Zuger Kantonalbank price movement. The serial correlation of 0.52 indicates that about 52.0% of current Zuger Kantonalbank price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.52 | |
| Spearman Rank Test | 0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 13.9 K |
Zuger Kantonalbank lagged returns against current returns
Autocorrelation, which is Zuger 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 Zuger Kantonalbank's stock expected returns. We can calculate the autocorrelation of Zuger Kantonalbank returns to help us make a trade decision. For example, suppose you find that Zuger 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 |
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Zuger 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 Zuger Kantonalbank stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Zuger Kantonalbank stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Zuger Kantonalbank stock over time.
Current vs Lagged Prices |
| Timeline |
Zuger Kantonalbank Lagged Returns
When evaluating Zuger Kantonalbank's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Zuger Kantonalbank stock have on its future price. Zuger 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, Zuger Kantonalbank autocorrelation shows the relationship between Zuger Kantonalbank stock current value and its past values and can show if there is a momentum factor associated with investing in Zuger Kantonalbank.
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 Zuger Stock Analysis
When running Zuger Kantonalbank's price analysis, check to measure Zuger 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 Zuger Kantonalbank is operating at the current time. Most of Zuger Kantonalbank's value examination focuses on studying past and present price action to predict the probability of Zuger 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 Zuger Kantonalbank's price. Additionally, you may evaluate how the addition of Zuger Kantonalbank to your portfolios can decrease your overall portfolio volatility.