Bucher Industries (Switzerland) Market Value
| BUCN Stock | CHF 336.00 2.00 0.59% |
| Symbol | Bucher |
Bucher Industries '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 Bucher Industries' 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 Bucher Industries.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Bucher Industries on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Bucher Industries AG or generate 0.0% return on investment in Bucher Industries over 30 days. Bucher Industries is related to or competes with Helvetia Holding, Swiss Life, and VAT Group. Bucher Industries AG develops, manufactures, and sells machinery, vehicles, and systems for use in harvesting, food prod... More
Bucher Industries 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 Bucher Industries' 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 Bucher Industries AG upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 6.51 | |||
| Value At Risk | (2.04) | |||
| Potential Upside | 2.0 |
Bucher Industries Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bucher Industries' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bucher Industries' standard deviation. In reality, there are many statistical measures that can use Bucher Industries historical prices to predict the future Bucher Industries' volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.27) | |||
| Treynor Ratio | (0.16) |
Bucher Industries Backtested Returns
Bucher Industries secures Sharpe Ratio (or Efficiency) of -0.0805, which signifies that the company had a -0.0805% return per unit of standard deviation over the last 3 months. Bucher Industries AG exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bucher Industries' mean deviation of 0.9153, and Risk Adjusted Performance of (0.04) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.51, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Bucher Industries' returns are expected to increase less than the market. However, during the bear market, the loss of holding Bucher Industries is expected to be smaller as well. At this point, Bucher Industries has a negative expected return of -0.0963%. Please make sure to confirm Bucher Industries' coefficient of variation, jensen alpha, and the relationship between the mean deviation and standard deviation , to decide if Bucher Industries performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.44 |
Modest reverse predictability
Bucher Industries AG has modest reverse predictability. Overlapping area represents the amount of predictability between Bucher Industries time series from 28th of October 2024 to 12th of November 2024 and 12th of November 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 Bucher Industries price movement. The serial correlation of -0.44 indicates that just about 44.0% of current Bucher Industries price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.44 | |
| Spearman Rank Test | -0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 6.43 |
Bucher Industries lagged returns against current returns
Autocorrelation, which is Bucher Industries 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 Bucher Industries' stock expected returns. We can calculate the autocorrelation of Bucher Industries returns to help us make a trade decision. For example, suppose you find that Bucher Industries 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 |
Bucher Industries 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 Bucher Industries stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bucher Industries stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bucher Industries stock over time.
Current vs Lagged Prices |
| Timeline |
Bucher Industries Lagged Returns
When evaluating Bucher Industries' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bucher Industries stock have on its future price. Bucher Industries 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, Bucher Industries autocorrelation shows the relationship between Bucher Industries stock current value and its past values and can show if there is a momentum factor associated with investing in Bucher Industries 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 Bucher Stock Analysis
When running Bucher Industries' price analysis, check to measure Bucher Industries' 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 Bucher Industries is operating at the current time. Most of Bucher Industries' value examination focuses on studying past and present price action to predict the probability of Bucher Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bucher Industries' price. Additionally, you may evaluate how the addition of Bucher Industries to your portfolios can decrease your overall portfolio volatility.