Swisscom (Switzerland) Market Value
| SCMN Stock | CHF 504.00 5.00 0.98% |
| Symbol | Swisscom |
Swisscom '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 Swisscom'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 Swisscom.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Swisscom on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Swisscom AG or generate 0.0% return on investment in Swisscom over 30 days. Swisscom is related to or competes with Swiss Life, Zurich Insurance, Swiss Re, ABB, and Novartis. Swisscom AG provides telecommunication services primarily in Switzerland, Italy, and internationally More
Swisscom 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 Swisscom'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 Swisscom AG upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.23) | |||
| Maximum Drawdown | 6.27 | |||
| Value At Risk | (1.03) | |||
| Potential Upside | 0.9217 |
Swisscom Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Swisscom's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Swisscom's standard deviation. In reality, there are many statistical measures that can use Swisscom historical prices to predict the future Swisscom's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.1) | |||
| Total Risk Alpha | (0.22) | |||
| Treynor Ratio | (1.05) |
Swisscom AG Backtested Returns
Swisscom AG owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0972, which indicates the firm had a -0.0972% return per unit of risk over the last 3 months. Swisscom AG exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Swisscom's Risk Adjusted Performance of (0.07), coefficient of variation of (1,153), and Variance of 0.7645 to confirm the risk estimate we provide. The entity has a beta of 0.0815, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Swisscom's returns are expected to increase less than the market. However, during the bear market, the loss of holding Swisscom is expected to be smaller as well. At this point, Swisscom AG has a negative expected return of -0.0863%. Please make sure to validate Swisscom's total risk alpha, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to decide if Swisscom AG performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.73 |
Good predictability
Swisscom AG has good predictability. Overlapping area represents the amount of predictability between Swisscom 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 Swisscom AG price movement. The serial correlation of 0.73 indicates that around 73.0% of current Swisscom price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.73 | |
| Spearman Rank Test | 0.69 | |
| Residual Average | 0.0 | |
| Price Variance | 12.65 |
Swisscom AG lagged returns against current returns
Autocorrelation, which is Swisscom 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 Swisscom's stock expected returns. We can calculate the autocorrelation of Swisscom returns to help us make a trade decision. For example, suppose you find that Swisscom 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 |
Swisscom 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 Swisscom stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Swisscom stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Swisscom stock over time.
Current vs Lagged Prices |
| Timeline |
Swisscom Lagged Returns
When evaluating Swisscom's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Swisscom stock have on its future price. Swisscom 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, Swisscom autocorrelation shows the relationship between Swisscom stock current value and its past values and can show if there is a momentum factor associated with investing in Swisscom 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 Swisscom Stock Analysis
When running Swisscom's price analysis, check to measure Swisscom'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 Swisscom is operating at the current time. Most of Swisscom's value examination focuses on studying past and present price action to predict the probability of Swisscom's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Swisscom's price. Additionally, you may evaluate how the addition of Swisscom to your portfolios can decrease your overall portfolio volatility.