Leonteq AG (Switzerland) Market Value
| LEON Stock | CHF 24.45 0.15 0.62% |
| Symbol | Leonteq |
Leonteq AG '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 Leonteq AG'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 Leonteq AG.
| 05/30/2024 |
| 11/26/2024 |
If you would invest 0.00 in Leonteq AG on May 30, 2024 and sell it all today you would earn a total of 0.00 from holding Leonteq AG or generate 0.0% return on investment in Leonteq AG over 180 days. Leonteq AG is related to or competes with Bachem Holding, Kudelski, Alpine Select, BB Biotech, and Inficon Holding. Leonteq AG provides structured investment products and long-term savings and retirement solutions in Switzerland and int... More
Leonteq AG 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 Leonteq AG'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 Leonteq AG upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 7.9 | |||
| Value At Risk | (2.83) | |||
| Potential Upside | 2.73 |
Leonteq AG Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Leonteq AG's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Leonteq AG's standard deviation. In reality, there are many statistical measures that can use Leonteq AG historical prices to predict the future Leonteq AG's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.20) | |||
| Total Risk Alpha | (0.44) | |||
| Treynor Ratio | (0.99) |
Leonteq AG Backtested Returns
Leonteq AG has Sharpe Ratio of -0.11, which conveys that the firm had a -0.11% return per unit of risk over the last 3 months. Leonteq AG exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Leonteq AG's Mean Deviation of 1.31, standard deviation of 1.69, and Risk Adjusted Performance of (0.07) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.18, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Leonteq AG's returns are expected to increase less than the market. However, during the bear market, the loss of holding Leonteq AG is expected to be smaller as well. At this point, Leonteq AG has a negative expected return of -0.18%. Please make sure to verify Leonteq AG's value at risk, skewness, and the relationship between the maximum drawdown and potential upside , to decide if Leonteq AG performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.71 |
Almost perfect reverse predictability
Leonteq AG has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Leonteq AG time series from 30th of May 2024 to 28th of August 2024 and 28th of August 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 Leonteq AG price movement. The serial correlation of -0.71 indicates that around 71.0% of current Leonteq AG price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.71 | |
| Spearman Rank Test | -0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 1.67 |
Leonteq AG lagged returns against current returns
Autocorrelation, which is Leonteq AG 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 Leonteq AG's stock expected returns. We can calculate the autocorrelation of Leonteq AG returns to help us make a trade decision. For example, suppose you find that Leonteq AG 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 |
Leonteq AG 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 Leonteq AG stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Leonteq AG stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Leonteq AG stock over time.
Current vs Lagged Prices |
| Timeline |
Leonteq AG Lagged Returns
When evaluating Leonteq AG's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Leonteq AG stock have on its future price. Leonteq AG 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, Leonteq AG autocorrelation shows the relationship between Leonteq AG stock current value and its past values and can show if there is a momentum factor associated with investing in Leonteq 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 Leonteq Stock Analysis
When running Leonteq AG's price analysis, check to measure Leonteq AG'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 Leonteq AG is operating at the current time. Most of Leonteq AG's value examination focuses on studying past and present price action to predict the probability of Leonteq AG's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Leonteq AG's price. Additionally, you may evaluate how the addition of Leonteq AG to your portfolios can decrease your overall portfolio volatility.