Givaudan (Switzerland) Market Value
| GIVN Stock | CHF 3,883 18.00 0.46% |
| Symbol | Givaudan |
Givaudan '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 Givaudan'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 Givaudan.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Givaudan on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Givaudan SA or generate 0.0% return on investment in Givaudan over 30 days. Givaudan is related to or competes with Geberit AG, Sika AG, Lonza Group, SGS SA, and Swiss Life. Givaudan SA, together with its subsidiaries, manufactures, supplies, and sells fragrance, beauty, flavor, and wellbeing ... More
Givaudan 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 Givaudan'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 Givaudan SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 6.98 | |||
| Value At Risk | (1.77) | |||
| Potential Upside | 1.67 |
Givaudan Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Givaudan's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Givaudan's standard deviation. In reality, there are many statistical measures that can use Givaudan historical prices to predict the future Givaudan's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.10) | |||
| Total Risk Alpha | (0.30) | |||
| Treynor Ratio | 0.8919 |
Givaudan SA Backtested Returns
Givaudan SA holds Efficiency (Sharpe) Ratio of -0.15, which attests that the entity had a -0.15% return per unit of risk over the last 3 months. Givaudan SA exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Givaudan's Risk Adjusted Performance of (0.06), standard deviation of 1.21, and Market Risk Adjusted Performance of 0.9019 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.13, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Givaudan are expected to decrease at a much lower rate. During the bear market, Givaudan is likely to outperform the market. At this point, Givaudan SA has a negative expected return of -0.17%. Please make sure to check out Givaudan's skewness, accumulation distribution, and the relationship between the potential upside and kurtosis , to decide if Givaudan SA performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.28 |
Weak reverse predictability
Givaudan SA has weak reverse predictability. Overlapping area represents the amount of predictability between Givaudan time series from 27th of October 2024 to 11th of November 2024 and 11th of November 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 Givaudan SA price movement. The serial correlation of -0.28 indicates that nearly 28.0% of current Givaudan price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.28 | |
| Spearman Rank Test | -0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 2837.5 |
Givaudan SA lagged returns against current returns
Autocorrelation, which is Givaudan 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 Givaudan's stock expected returns. We can calculate the autocorrelation of Givaudan returns to help us make a trade decision. For example, suppose you find that Givaudan 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 |
Givaudan 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 Givaudan stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Givaudan stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Givaudan stock over time.
Current vs Lagged Prices |
| Timeline |
Givaudan Lagged Returns
When evaluating Givaudan's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Givaudan stock have on its future price. Givaudan 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, Givaudan autocorrelation shows the relationship between Givaudan stock current value and its past values and can show if there is a momentum factor associated with investing in Givaudan SA.
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 Givaudan Stock Analysis
When running Givaudan's price analysis, check to measure Givaudan'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 Givaudan is operating at the current time. Most of Givaudan's value examination focuses on studying past and present price action to predict the probability of Givaudan's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Givaudan's price. Additionally, you may evaluate how the addition of Givaudan to your portfolios can decrease your overall portfolio volatility.