Zwahlen Et (Switzerland) Market Value
| ZWM Stock | CHF 117.00 1.00 0.86% |
| Symbol | Zwahlen |
Zwahlen Et '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 Zwahlen Et'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 Zwahlen Et.
| 01/09/2023 |
| 12/29/2024 |
If you would invest 0.00 in Zwahlen Et on January 9, 2023 and sell it all today you would earn a total of 0.00 from holding Zwahlen et Mayr or generate 0.0% return on investment in Zwahlen Et over 720 days. Zwahlen Et is related to or competes with OC Oerlikon, Meyer Burger, Evolva Holding, Sulzer AG, and Aryzta AG. Zwahlen Mayr SA engages in steel construction, stainless steel tubes production, and general construction businesses in ... More
Zwahlen Et 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 Zwahlen Et'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 Zwahlen et Mayr upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 30.65 | |||
| Value At Risk | (10.00) | |||
| Potential Upside | 6.67 |
Zwahlen Et Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Zwahlen Et's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Zwahlen Et's standard deviation. In reality, there are many statistical measures that can use Zwahlen Et historical prices to predict the future Zwahlen Et's volatility.| Risk Adjusted Performance | (0.0001) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.20) | |||
| Treynor Ratio | 0.2793 |
Zwahlen et Mayr Backtested Returns
Zwahlen et Mayr shows Sharpe Ratio of -0.13, which attests that the company had a -0.13% return per unit of risk over the last 3 months. Zwahlen et Mayr exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Zwahlen Et's Market Risk Adjusted Performance of 0.2893, mean deviation of 2.81, and Standard Deviation of 4.87 to validate the risk estimate we provide. The firm maintains a market beta of -0.22, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Zwahlen Et are expected to decrease at a much lower rate. During the bear market, Zwahlen Et is likely to outperform the market. At this point, Zwahlen et Mayr has a negative expected return of -0.44%. Please make sure to check out Zwahlen Et's skewness, and the relationship between the treynor ratio and rate of daily change , to decide if Zwahlen et Mayr performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.62 |
Good predictability
Zwahlen et Mayr has good predictability. Overlapping area represents the amount of predictability between Zwahlen Et time series from 9th of January 2023 to 4th of January 2024 and 4th of January 2024 to 29th 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 Zwahlen et Mayr price movement. The serial correlation of 0.62 indicates that roughly 62.0% of current Zwahlen Et price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.62 | |
| Spearman Rank Test | 0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 176.93 |
Zwahlen et Mayr lagged returns against current returns
Autocorrelation, which is Zwahlen Et 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 Zwahlen Et's stock expected returns. We can calculate the autocorrelation of Zwahlen Et returns to help us make a trade decision. For example, suppose you find that Zwahlen Et 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 |
Zwahlen Et 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 Zwahlen Et stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Zwahlen Et stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Zwahlen Et stock over time.
Current vs Lagged Prices |
| Timeline |
Zwahlen Et Lagged Returns
When evaluating Zwahlen Et's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Zwahlen Et stock have on its future price. Zwahlen Et 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, Zwahlen Et autocorrelation shows the relationship between Zwahlen Et stock current value and its past values and can show if there is a momentum factor associated with investing in Zwahlen et Mayr.
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 Zwahlen Stock Analysis
When running Zwahlen Et's price analysis, check to measure Zwahlen Et'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 Zwahlen Et is operating at the current time. Most of Zwahlen Et's value examination focuses on studying past and present price action to predict the probability of Zwahlen Et's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zwahlen Et's price. Additionally, you may evaluate how the addition of Zwahlen Et to your portfolios can decrease your overall portfolio volatility.