BCV Swiss (Switzerland) Market Value
| 0P0001ILO2 | 106.65 0.00 0.00% |
| Symbol | BCV |
BCV Swiss '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 BCV Swiss' 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 BCV Swiss.
| 02/04/2023 |
| 12/25/2024 |
If you would invest 0.00 in BCV Swiss on February 4, 2023 and sell it all today you would earn a total of 0.00 from holding BCV Swiss Equity or generate 0.0% return on investment in BCV Swiss over 690 days.
BCV Swiss 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 BCV Swiss' 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 BCV Swiss Equity upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 2.71 | |||
| Value At Risk | (1.20) | |||
| Potential Upside | 0.8889 |
BCV Swiss Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BCV Swiss' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BCV Swiss' standard deviation. In reality, there are many statistical measures that can use BCV Swiss historical prices to predict the future BCV Swiss' volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.09) | |||
| Treynor Ratio | 0.7194 |
BCV Swiss Equity Backtested Returns
BCV Swiss Equity secures Sharpe Ratio (or Efficiency) of -0.16, which signifies that the fund had a -0.16% return per unit of volatility over the last 3 months. BCV Swiss Equity exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BCV Swiss' Market Risk Adjusted Performance of 0.7294, mean deviation of 0.4345, and Variance of 0.3225 to double-check the risk estimate we provide. The entity shows a Beta (market volatility) of -0.0894, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning BCV Swiss are expected to decrease at a much lower rate. During the bear market, BCV Swiss is likely to outperform the market.
Auto-correlation | 0.34 |
Below average predictability
BCV Swiss Equity has below average predictability. Overlapping area represents the amount of predictability between BCV Swiss time series from 4th of February 2023 to 15th of January 2024 and 15th of January 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 BCV Swiss Equity price movement. The serial correlation of 0.34 indicates that nearly 34.0% of current BCV Swiss price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.34 | |
| Spearman Rank Test | 0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 11.57 |
BCV Swiss Equity lagged returns against current returns
Autocorrelation, which is BCV Swiss 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 BCV Swiss' fund expected returns. We can calculate the autocorrelation of BCV Swiss returns to help us make a trade decision. For example, suppose you find that BCV Swiss 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 |
BCV Swiss 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 BCV Swiss fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BCV Swiss fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BCV Swiss fund over time.
Current vs Lagged Prices |
| Timeline |
BCV Swiss Lagged Returns
When evaluating BCV Swiss' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BCV Swiss fund have on its future price. BCV Swiss 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, BCV Swiss autocorrelation shows the relationship between BCV Swiss fund current value and its past values and can show if there is a momentum factor associated with investing in BCV Swiss Equity.
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.| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments |