Lonza Group (Switzerland) Market Value
| LONN Stock | CHF 531.00 4.40 0.84% |
| Symbol | Lonza |
Lonza Group '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 Lonza Group'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 Lonza Group.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Lonza Group on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Lonza Group AG or generate 0.0% return on investment in Lonza Group over 30 days. Lonza Group is related to or competes with Sika AG, Givaudan, Geberit AG, Swiss Life, and Novartis. Lonza Group AG, together with its subsidiaries, supplies various products and services for pharmaceutical, biotech, and ... More
Lonza Group 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 Lonza Group'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 Lonza Group AG upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 11.38 | |||
| Value At Risk | (1.81) | |||
| Potential Upside | 2.78 |
Lonza Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lonza Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lonza Group's standard deviation. In reality, there are many statistical measures that can use Lonza Group historical prices to predict the future Lonza Group's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.32) | |||
| Treynor Ratio | (0.18) |
Lonza Group AG Backtested Returns
Lonza Group AG has Sharpe Ratio of -0.0351, which conveys that the firm had a -0.0351% return per unit of risk over the last 3 months. Lonza Group exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Lonza Group's Risk Adjusted Performance of (0.03), mean deviation of 1.02, and Standard Deviation of 1.57 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.44, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Lonza Group's returns are expected to increase less than the market. However, during the bear market, the loss of holding Lonza Group is expected to be smaller as well. At this point, Lonza Group AG has a negative expected return of -0.0558%. Please make sure to verify Lonza Group's value at risk, skewness, and the relationship between the maximum drawdown and potential upside , to decide if Lonza Group AG performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.07 |
Virtually no predictability
Lonza Group AG has virtually no predictability. Overlapping area represents the amount of predictability between Lonza Group 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 Lonza Group AG price movement. The serial correlation of 0.07 indicates that barely 7.0% of current Lonza Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.07 | |
| Spearman Rank Test | -0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 349.06 |
Lonza Group AG lagged returns against current returns
Autocorrelation, which is Lonza Group 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 Lonza Group's stock expected returns. We can calculate the autocorrelation of Lonza Group returns to help us make a trade decision. For example, suppose you find that Lonza Group 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 |
Lonza Group 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 Lonza Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lonza Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lonza Group stock over time.
Current vs Lagged Prices |
| Timeline |
Lonza Group Lagged Returns
When evaluating Lonza Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lonza Group stock have on its future price. Lonza Group 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, Lonza Group autocorrelation shows the relationship between Lonza Group stock current value and its past values and can show if there is a momentum factor associated with investing in Lonza Group 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 Lonza Stock Analysis
When running Lonza Group's price analysis, check to measure Lonza Group'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 Lonza Group is operating at the current time. Most of Lonza Group's value examination focuses on studying past and present price action to predict the probability of Lonza Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lonza Group's price. Additionally, you may evaluate how the addition of Lonza Group to your portfolios can decrease your overall portfolio volatility.