Baloise Holding (Switzerland) Market Value
| BALN Stock | CHF 167.30 1.20 0.71% |
| Symbol | Baloise |
Baloise Holding '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 Baloise Holding'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 Baloise Holding.
| 07/05/2023 |
| 11/26/2024 |
If you would invest 0.00 in Baloise Holding on July 5, 2023 and sell it all today you would earn a total of 0.00 from holding Baloise Holding AG or generate 0.0% return on investment in Baloise Holding over 510 days. Baloise Holding is related to or competes with Swiss Life, Helvetia Holding, Swisscom, Zurich Insurance, and Adecco Group. Bloise Holding AG, together with its subsidiaries, primarily engages in the insurance and banking businesses in Switzerl... More
Baloise Holding 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 Baloise Holding'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 Baloise Holding AG upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.34 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 6.49 | |||
| Value At Risk | (1.32) | |||
| Potential Upside | 1.37 |
Baloise Holding Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Baloise Holding's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Baloise Holding's standard deviation. In reality, there are many statistical measures that can use Baloise Holding historical prices to predict the future Baloise Holding's volatility.| Risk Adjusted Performance | 0.0549 | |||
| Jensen Alpha | 0.0095 | |||
| Total Risk Alpha | (0.10) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.1396 |
Baloise Holding AG Backtested Returns
At this stage we consider Baloise Stock to be very steady. Baloise Holding AG secures Sharpe Ratio (or Efficiency) of 0.0462, which signifies that the company had a 0.0462% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Baloise Holding AG, which you can use to evaluate the volatility of the firm. Please confirm Baloise Holding's Risk Adjusted Performance of 0.0549, mean deviation of 0.6823, and Downside Deviation of 1.34 to double-check if the risk estimate we provide is consistent with the expected return of 0.0496%. Baloise Holding has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.45, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Baloise Holding's returns are expected to increase less than the market. However, during the bear market, the loss of holding Baloise Holding is expected to be smaller as well. Baloise Holding AG right now shows a risk of 1.07%. Please confirm Baloise Holding AG jensen alpha, sortino ratio, and the relationship between the standard deviation and total risk alpha , to decide if Baloise Holding AG will be following its price patterns.
Auto-correlation | 0.17 |
Very weak predictability
Baloise Holding AG has very weak predictability. Overlapping area represents the amount of predictability between Baloise Holding time series from 5th of July 2023 to 16th of March 2024 and 16th of March 2024 to 26th 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 Baloise Holding AG price movement. The serial correlation of 0.17 indicates that over 17.0% of current Baloise Holding price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.17 | |
| Spearman Rank Test | 0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 169.44 |
Baloise Holding AG lagged returns against current returns
Autocorrelation, which is Baloise Holding 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 Baloise Holding's stock expected returns. We can calculate the autocorrelation of Baloise Holding returns to help us make a trade decision. For example, suppose you find that Baloise Holding 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 |
Baloise Holding 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 Baloise Holding stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Baloise Holding stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Baloise Holding stock over time.
Current vs Lagged Prices |
| Timeline |
Baloise Holding Lagged Returns
When evaluating Baloise Holding's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Baloise Holding stock have on its future price. Baloise Holding 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, Baloise Holding autocorrelation shows the relationship between Baloise Holding stock current value and its past values and can show if there is a momentum factor associated with investing in Baloise Holding AG.
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 Baloise Stock Analysis
When running Baloise Holding's price analysis, check to measure Baloise Holding'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 Baloise Holding is operating at the current time. Most of Baloise Holding's value examination focuses on studying past and present price action to predict the probability of Baloise Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Baloise Holding's price. Additionally, you may evaluate how the addition of Baloise Holding to your portfolios can decrease your overall portfolio volatility.