Adval Tech (Switzerland) Market Value
| ADVN Stock | CHF 72.00 1.00 1.41% |
| Symbol | Adval |
Adval Tech '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 Adval Tech'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 Adval Tech.
| 01/09/2023 |
| 11/29/2024 |
If you would invest 0.00 in Adval Tech on January 9, 2023 and sell it all today you would earn a total of 0.00 from holding Adval Tech Holding or generate 0.0% return on investment in Adval Tech over 690 days. Adval Tech is related to or competes with Feintool International, Also Holding, Allreal Holding, Forbo Holding, and Cicor Technologies. Adval Tech Holding AG manufactures metal components and subassemblies, and plastic components worldwide More
Adval Tech 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 Adval Tech'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 Adval Tech Holding upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 16.67 | |||
| Value At Risk | (3.41) | |||
| Potential Upside | 3.53 |
Adval Tech Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Adval Tech's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Adval Tech's standard deviation. In reality, there are many statistical measures that can use Adval Tech historical prices to predict the future Adval Tech's volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.36) | |||
| Total Risk Alpha | (0.78) | |||
| Treynor Ratio | 1.39 |
Adval Tech Holding Backtested Returns
Adval Tech Holding secures Sharpe Ratio (or Efficiency) of -0.1, which signifies that the company had a -0.1% return per unit of risk over the last 3 months. Adval Tech Holding exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Adval Tech's Mean Deviation of 1.77, standard deviation of 2.51, and Risk Adjusted Performance of (0.11) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.29, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Adval Tech are expected to decrease at a much lower rate. During the bear market, Adval Tech is likely to outperform the market. At this point, Adval Tech Holding has a negative expected return of -0.29%. Please make sure to confirm Adval Tech's total risk alpha, potential upside, kurtosis, as well as the relationship between the treynor ratio and skewness , to decide if Adval Tech Holding performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.73 |
Good predictability
Adval Tech Holding has good predictability. Overlapping area represents the amount of predictability between Adval Tech time series from 9th of January 2023 to 20th of December 2023 and 20th of December 2023 to 29th of November 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 Adval Tech Holding price movement. The serial correlation of 0.73 indicates that around 73.0% of current Adval Tech price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.73 | |
| Spearman Rank Test | 0.76 | |
| Residual Average | 0.0 | |
| Price Variance | 57.43 |
Adval Tech Holding lagged returns against current returns
Autocorrelation, which is Adval Tech 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 Adval Tech's stock expected returns. We can calculate the autocorrelation of Adval Tech returns to help us make a trade decision. For example, suppose you find that Adval Tech 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 |
Adval Tech 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 Adval Tech stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Adval Tech stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Adval Tech stock over time.
Current vs Lagged Prices |
| Timeline |
Adval Tech Lagged Returns
When evaluating Adval Tech's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Adval Tech stock have on its future price. Adval Tech 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, Adval Tech autocorrelation shows the relationship between Adval Tech stock current value and its past values and can show if there is a momentum factor associated with investing in Adval Tech Holding.
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 Adval Stock Analysis
When running Adval Tech's price analysis, check to measure Adval Tech'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 Adval Tech is operating at the current time. Most of Adval Tech's value examination focuses on studying past and present price action to predict the probability of Adval Tech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Adval Tech's price. Additionally, you may evaluate how the addition of Adval Tech to your portfolios can decrease your overall portfolio volatility.