Schindler (Switzerland) Market Value
| SCHP Stock | CHF 256.40 1.80 0.71% |
| Symbol | Schindler |
Schindler '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'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.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Schindler on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Schindler Ps or generate 0.0% return on investment in Schindler over 30 days. Schindler is related to or competes with Helvetia Holding, Swiss Life, and VAT Group. Schindler Holding AG engages in the production, installation, maintenance, and modernization of passenger and freight el... More
Schindler 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'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 Ps upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9949 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 6.62 | |||
| Value At Risk | (1.71) | |||
| Potential Upside | 1.94 |
Schindler Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Schindler's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Schindler's standard deviation. In reality, there are many statistical measures that can use Schindler historical prices to predict the future Schindler's volatility.| Risk Adjusted Performance | 0.0853 | |||
| Jensen Alpha | 0.1034 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 1.44 |
Schindler Ps Backtested Returns
At this stage we consider Schindler Stock to be very steady. Schindler Ps owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.14, which indicates the firm had a 0.14% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Schindler Ps, which you can use to evaluate the volatility of the company. Please validate Schindler's Risk Adjusted Performance of 0.0853, semi deviation of 0.8475, and Coefficient Of Variation of 932.27 to confirm if the risk estimate we provide is consistent with the expected return of 0.16%. Schindler has a performance score of 11 on a scale of 0 to 100. The entity has a beta of 0.0782, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Schindler's returns are expected to increase less than the market. However, during the bear market, the loss of holding Schindler is expected to be smaller as well. Schindler Ps right now has a risk of 1.11%. Please validate Schindler coefficient of variation, jensen alpha, sortino ratio, as well as the relationship between the information ratio and total risk alpha , to decide if Schindler will be following its existing price patterns.
Auto-correlation | -0.22 |
Weak reverse predictability
Schindler Ps has weak reverse predictability. Overlapping area represents the amount of predictability between Schindler 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 Schindler Ps price movement. The serial correlation of -0.22 indicates that over 22.0% of current Schindler price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.22 | |
| Spearman Rank Test | -0.51 | |
| Residual Average | 0.0 | |
| Price Variance | 3.95 |
Schindler Ps lagged returns against current returns
Autocorrelation, which is Schindler 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's stock expected returns. We can calculate the autocorrelation of Schindler returns to help us make a trade decision. For example, suppose you find that Schindler 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 |
Schindler 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 stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Schindler stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Schindler stock over time.
Current vs Lagged Prices |
| Timeline |
Schindler Lagged Returns
When evaluating Schindler's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Schindler stock have on its future price. Schindler 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 autocorrelation shows the relationship between Schindler stock current value and its past values and can show if there is a momentum factor associated with investing in Schindler Ps.
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's price analysis, check to measure Schindler'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 is operating at the current time. Most of Schindler's value examination focuses on studying past and present price action to predict the probability of Schindler'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's price. Additionally, you may evaluate how the addition of Schindler to your portfolios can decrease your overall portfolio volatility.