Plazza AG (Switzerland) Market Value
| PLAN Stock | CHF 329.00 2.00 0.61% |
| Symbol | Plazza |
Plazza 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 Plazza 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 Plazza AG.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in Plazza AG on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding Plazza AG or generate 0.0% return on investment in Plazza AG over 720 days. Plazza AG is related to or competes with HIAG Immobilien, Mobimo Hldg, Zug Estates, Allreal Holding, and Warteck Invest. Plazza AG plans, builds, manages, and markets real estate properties and projects in Switzerland More
Plazza 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 Plazza 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 Plazza AG upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.528 | |||
| Information Ratio | (0.21) | |||
| Maximum Drawdown | 1.86 | |||
| Value At Risk | (0.31) | |||
| Potential Upside | 0.6116 |
Plazza AG Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Plazza AG's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Plazza AG's standard deviation. In reality, there are many statistical measures that can use Plazza AG historical prices to predict the future Plazza AG's volatility.| Risk Adjusted Performance | 0.1393 | |||
| Jensen Alpha | 0.0588 | |||
| Total Risk Alpha | 8.0E-4 | |||
| Sortino Ratio | (0.13) | |||
| Treynor Ratio | (3.05) |
Plazza AG Backtested Returns
At this stage we consider Plazza Stock to be out of control. Plazza AG maintains Sharpe Ratio (i.e., Efficiency) of 0.19, which implies the firm had a 0.19% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Plazza AG, which you can use to evaluate the volatility of the company. Please check Plazza AG's Risk Adjusted Performance of 0.1393, downside deviation of 0.528, and Standard Deviation of 0.3337 to confirm if the risk estimate we provide is consistent with the expected return of 0.0626%. Plazza AG has a performance score of 14 on a scale of 0 to 100. The company holds a Beta of -0.0185, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Plazza AG are expected to decrease at a much lower rate. During the bear market, Plazza AG is likely to outperform the market. Plazza AG right now holds a risk of 0.33%. Please check Plazza AG coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to decide if Plazza AG will be following its historical price patterns.
Auto-correlation | -0.43 |
Modest reverse predictability
Plazza AG has modest reverse predictability. Overlapping area represents the amount of predictability between Plazza AG time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd of December 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 Plazza AG price movement. The serial correlation of -0.43 indicates that just about 43.0% of current Plazza AG price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.43 | |
| Spearman Rank Test | -0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 149.75 |
Plazza AG lagged returns against current returns
Autocorrelation, which is Plazza 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 Plazza AG's stock expected returns. We can calculate the autocorrelation of Plazza AG returns to help us make a trade decision. For example, suppose you find that Plazza 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 |
Plazza 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 Plazza AG stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Plazza AG stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Plazza AG stock over time.
Current vs Lagged Prices |
| Timeline |
Plazza AG Lagged Returns
When evaluating Plazza AG's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Plazza AG stock have on its future price. Plazza 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, Plazza AG autocorrelation shows the relationship between Plazza AG stock current value and its past values and can show if there is a momentum factor associated with investing in Plazza 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 Plazza Stock Analysis
When running Plazza AG's price analysis, check to measure Plazza 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 Plazza AG is operating at the current time. Most of Plazza AG's value examination focuses on studying past and present price action to predict the probability of Plazza 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 Plazza AG's price. Additionally, you may evaluate how the addition of Plazza AG to your portfolios can decrease your overall portfolio volatility.