Bossard Holding (Switzerland) Market Value
| BOSN Stock | CHF 198.40 3.60 1.78% |
| Symbol | Bossard |
Bossard 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 Bossard 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 Bossard Holding.
| 09/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Bossard Holding on September 28, 2024 and sell it all today you would earn a total of 0.00 from holding Bossard Holding AG or generate 0.0% return on investment in Bossard Holding over 60 days. Bossard Holding is related to or competes with VAT Group, Bucher Industries, EMS CHEMIE, Komax Holding, and Interroll Holding. Bossard Holding AG operates the field of industrial fastening and assembly technology in Europe, the United States, and ... More
Bossard 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 Bossard 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 Bossard Holding AG upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 12.34 | |||
| Value At Risk | (1.84) | |||
| Potential Upside | 2.21 |
Bossard Holding Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bossard Holding's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bossard Holding's standard deviation. In reality, there are many statistical measures that can use Bossard Holding historical prices to predict the future Bossard Holding's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.38) | |||
| Treynor Ratio | (0.29) |
Bossard Holding AG Backtested Returns
Bossard Holding AG secures Sharpe Ratio (or Efficiency) of -0.0734, which signifies that the company had a -0.0734% return per unit of risk over the last 3 months. Bossard Holding AG exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bossard Holding's Mean Deviation of 1.1, risk adjusted performance of (0.05), and Standard Deviation of 1.63 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.41, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Bossard Holding's returns are expected to increase less than the market. However, during the bear market, the loss of holding Bossard Holding is expected to be smaller as well. At this point, Bossard Holding AG has a negative expected return of -0.12%. Please make sure to confirm Bossard Holding's treynor ratio, value at risk, skewness, as well as the relationship between the maximum drawdown and potential upside , to decide if Bossard Holding AG performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.54 |
Modest predictability
Bossard Holding AG has modest predictability. Overlapping area represents the amount of predictability between Bossard Holding time series from 28th of September 2024 to 28th of October 2024 and 28th 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 Bossard Holding AG price movement. The serial correlation of 0.54 indicates that about 54.0% of current Bossard Holding price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.54 | |
| Spearman Rank Test | 0.56 | |
| Residual Average | 0.0 | |
| Price Variance | 21.5 |
Bossard Holding AG lagged returns against current returns
Autocorrelation, which is Bossard 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 Bossard Holding's stock expected returns. We can calculate the autocorrelation of Bossard Holding returns to help us make a trade decision. For example, suppose you find that Bossard 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 |
Bossard 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 Bossard Holding stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bossard Holding stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bossard Holding stock over time.
Current vs Lagged Prices |
| Timeline |
Bossard Holding Lagged Returns
When evaluating Bossard Holding's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bossard Holding stock have on its future price. Bossard 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, Bossard Holding autocorrelation shows the relationship between Bossard Holding stock current value and its past values and can show if there is a momentum factor associated with investing in Bossard 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 Bossard Stock Analysis
When running Bossard Holding's price analysis, check to measure Bossard 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 Bossard Holding is operating at the current time. Most of Bossard Holding's value examination focuses on studying past and present price action to predict the probability of Bossard 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 Bossard Holding's price. Additionally, you may evaluate how the addition of Bossard Holding to your portfolios can decrease your overall portfolio volatility.