Bachem Holding (Switzerland) Market Value
| BANB Stock | CHF 67.40 1.65 2.39% |
| Symbol | Bachem |
Bachem 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 Bachem 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 Bachem Holding.
| 08/29/2024 |
| 11/27/2024 |
If you would invest 0.00 in Bachem Holding on August 29, 2024 and sell it all today you would earn a total of 0.00 from holding Bachem Holding AG or generate 0.0% return on investment in Bachem Holding over 90 days. Bachem Holding is related to or competes with Santhera Pharmaceuticals, Newron Pharmaceuticals, Basilea Pharmaceutica, Evolva Holding, and COSMO Pharmaceuticals. Bachem Holding AG, a technology-based biochemicals company, provides services to the pharmaceutical and biotechnology in... More
Bachem 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 Bachem 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 Bachem Holding AG upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 11.75 | |||
| Value At Risk | (2.95) | |||
| Potential Upside | 2.6 |
Bachem Holding Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bachem Holding's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bachem Holding's standard deviation. In reality, there are many statistical measures that can use Bachem Holding historical prices to predict the future Bachem Holding's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.33) | |||
| Total Risk Alpha | (0.54) | |||
| Treynor Ratio | (0.36) |
Bachem Holding AG Backtested Returns
Bachem Holding AG secures Sharpe Ratio (or Efficiency) of -0.15, which signifies that the company had a -0.15% return per unit of standard deviation over the last 3 months. Bachem Holding AG exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bachem Holding's mean deviation of 1.44, and Risk Adjusted Performance of (0.09) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.69, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Bachem Holding's returns are expected to increase less than the market. However, during the bear market, the loss of holding Bachem Holding is expected to be smaller as well. At this point, Bachem Holding AG has a negative expected return of -0.29%. Please make sure to confirm Bachem Holding's market risk adjusted performance, coefficient of variation, information ratio, as well as the relationship between the mean deviation and standard deviation , to decide if Bachem Holding AG performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.23 |
Weak reverse predictability
Bachem Holding AG has weak reverse predictability. Overlapping area represents the amount of predictability between Bachem Holding time series from 29th of August 2024 to 13th of October 2024 and 13th of October 2024 to 27th 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 Bachem Holding AG price movement. The serial correlation of -0.23 indicates that over 23.0% of current Bachem Holding price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.23 | |
| Spearman Rank Test | -0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 8.49 |
Bachem Holding AG lagged returns against current returns
Autocorrelation, which is Bachem 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 Bachem Holding's stock expected returns. We can calculate the autocorrelation of Bachem Holding returns to help us make a trade decision. For example, suppose you find that Bachem 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 |
Bachem 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 Bachem Holding stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bachem Holding stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bachem Holding stock over time.
Current vs Lagged Prices |
| Timeline |
Bachem Holding Lagged Returns
When evaluating Bachem Holding's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bachem Holding stock have on its future price. Bachem 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, Bachem Holding autocorrelation shows the relationship between Bachem Holding stock current value and its past values and can show if there is a momentum factor associated with investing in Bachem 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 Bachem Stock Analysis
When running Bachem Holding's price analysis, check to measure Bachem 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 Bachem Holding is operating at the current time. Most of Bachem Holding's value examination focuses on studying past and present price action to predict the probability of Bachem 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 Bachem Holding's price. Additionally, you may evaluate how the addition of Bachem Holding to your portfolios can decrease your overall portfolio volatility.