Schindler Holding (Switzerland) Market Value
| SCHN Stock | CHF 248.00 2.50 1.02% |
| Symbol | Schindler |
Schindler Holding '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 Schindler Holding'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 Schindler Holding.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in Schindler Holding on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding Schindler Holding AG or generate 0.0% return on investment in Schindler Holding over 540 days. Schindler Holding is related to or competes with OC Oerlikon, Helvetia Holding, Swiss Life, VAT Group, and Bucher Industries. Schindler Holding AG engages in the production, installation, maintenance, and modernization of passenger and freight el... More
Schindler Holding 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 Schindler Holding'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 Schindler Holding AG upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9492 | |||
| Information Ratio | 0.004 | |||
| Maximum Drawdown | 6.14 | |||
| Value At Risk | (1.59) | |||
| Potential Upside | 1.95 |
Schindler Holding Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Schindler Holding's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Schindler Holding's standard deviation. In reality, there are many statistical measures that can use Schindler Holding historical prices to predict the future Schindler Holding's volatility.| Risk Adjusted Performance | 0.0968 | |||
| Jensen Alpha | 0.0915 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.0045 | |||
| Treynor Ratio | 0.4914 |
Schindler Holding Backtested Returns
At this stage we consider Schindler Stock to be very steady. Schindler Holding owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.1, which indicates the firm had a 0.1% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Schindler Holding AG, which you can use to evaluate the volatility of the company. Please validate Schindler Holding's Semi Deviation of 0.7592, coefficient of variation of 814.31, and Risk Adjusted Performance of 0.0968 to confirm if the risk estimate we provide is consistent with the expected return of 0.11%. Schindler Holding has a performance score of 8 on a scale of 0 to 100. The entity has a beta of 0.24, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Schindler Holding's returns are expected to increase less than the market. However, during the bear market, the loss of holding Schindler Holding is expected to be smaller as well. Schindler Holding right now has a risk of 1.06%. Please validate Schindler Holding jensen alpha, sortino ratio, and the relationship between the standard deviation and total risk alpha , to decide if Schindler Holding will be following its existing price patterns.
Auto-correlation | 0.59 |
Modest predictability
Schindler Holding AG has modest predictability. Overlapping area represents the amount of predictability between Schindler Holding time series from 8th of June 2023 to 4th of March 2024 and 4th of March 2024 to 29th 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 Schindler Holding price movement. The serial correlation of 0.59 indicates that roughly 59.0% of current Schindler Holding price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.59 | |
| Spearman Rank Test | 0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 92.65 |
Schindler Holding lagged returns against current returns
Autocorrelation, which is Schindler Holding 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 Schindler Holding's stock expected returns. We can calculate the autocorrelation of Schindler Holding returns to help us make a trade decision. For example, suppose you find that Schindler Holding 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 |
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Schindler Holding 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 Schindler Holding stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Schindler Holding stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Schindler Holding stock over time.
Current vs Lagged Prices |
| Timeline |
Schindler Holding Lagged Returns
When evaluating Schindler Holding's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Schindler Holding stock have on its future price. Schindler Holding 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, Schindler Holding autocorrelation shows the relationship between Schindler Holding stock current value and its past values and can show if there is a momentum factor associated with investing in Schindler Holding 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 Schindler Stock Analysis
When running Schindler Holding's price analysis, check to measure Schindler Holding'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 Schindler Holding is operating at the current time. Most of Schindler Holding's value examination focuses on studying past and present price action to predict the probability of Schindler Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Schindler Holding's price. Additionally, you may evaluate how the addition of Schindler Holding to your portfolios can decrease your overall portfolio volatility.