Pictet CH (Switzerland) Market Value
| 0P0000OOF8 | 315.39 2.99 0.94% |
| Symbol | Pictet |
Pictet CH '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 Pictet CH's fund 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 Pictet CH.
| 06/10/2024 |
| 01/01/2026 |
If you would invest 0.00 in Pictet CH on June 10, 2024 and sell it all today you would earn a total of 0.00 from holding Pictet CH PM or generate 0.0% return on investment in Pictet CH over 570 days.
Pictet CH 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 Pictet CH's fund 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 Pictet CH PM upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.56 | |||
| Information Ratio | 0.1037 | |||
| Maximum Drawdown | 7.19 | |||
| Value At Risk | (2.68) | |||
| Potential Upside | 2.5 |
Pictet CH Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pictet CH's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pictet CH's standard deviation. In reality, there are many statistical measures that can use Pictet CH historical prices to predict the future Pictet CH's volatility.| Risk Adjusted Performance | 0.1137 | |||
| Jensen Alpha | 0.1975 | |||
| Total Risk Alpha | 0.0841 | |||
| Sortino Ratio | 0.0905 | |||
| Treynor Ratio | 3.24 |
Pictet CH PM Backtested Returns
As of now, Pictet Fund is very steady. Pictet CH PM maintains Sharpe Ratio (i.e., Efficiency) of 0.12, which implies the entity had a 0.12 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Pictet CH PM, which you can use to evaluate the volatility of the fund. Please check Pictet CH's Risk Adjusted Performance of 0.1137, coefficient of variation of 643.25, and Semi Deviation of 1.27 to confirm if the risk estimate we provide is consistent with the expected return of 0.17%. The fund holds a Beta of 0.0621, which implies not very significant fluctuations relative to the market. As returns on the market increase, Pictet CH's returns are expected to increase less than the market. However, during the bear market, the loss of holding Pictet CH is expected to be smaller as well.
Auto-correlation | 0.86 |
Very good predictability
Pictet CH PM has very good predictability. Overlapping area represents the amount of predictability between Pictet CH time series from 10th of June 2024 to 22nd of March 2025 and 22nd of March 2025 to 1st of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Pictet CH PM price movement. The serial correlation of 0.86 indicates that approximately 86.0% of current Pictet CH price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.86 | |
| Spearman Rank Test | 0.75 | |
| Residual Average | 0.0 | |
| Price Variance | 681.8 |
Pictet CH PM lagged returns against current returns
Autocorrelation, which is Pictet CH fund'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 Pictet CH's fund expected returns. We can calculate the autocorrelation of Pictet CH returns to help us make a trade decision. For example, suppose you find that Pictet CH has exhibited high autocorrelation historically, and you observe that the fund 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 |
Pictet CH 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 Pictet CH fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pictet CH fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pictet CH fund over time.
Current vs Lagged Prices |
| Timeline |
Pictet CH Lagged Returns
When evaluating Pictet CH's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pictet CH fund have on its future price. Pictet CH 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, Pictet CH autocorrelation shows the relationship between Pictet CH fund current value and its past values and can show if there is a momentum factor associated with investing in Pictet CH PM.
Regressed Prices |
| Timeline |
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