Schindler Holding Ag Stock Market Value
| SHLRF Stock | USD 272.00 0.18 0.07% |
| 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 pink sheet 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.
| 08/02/2023 |
| 11/24/2024 |
If you would invest 0.00 in Schindler Holding on August 2, 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 480 days. Schindler Holding is related to or competes with Rockwell Automation, Parker Hannifin, Ingersoll Rand, Dover, and Illinois Tool. Schindler Holding AG engages in the production, installation, maintenance, and modernization of elevators, escalators, a... 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 pink sheet 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.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 14.82 | |||
| Value At Risk | (0.69) | |||
| Potential Upside | 1.15 |
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 | 0.0413 | |||
| Jensen Alpha | 0.0632 | |||
| Total Risk Alpha | (0.21) | |||
| Treynor Ratio | 0.7969 |
Schindler Holding Backtested Returns
At this point, Schindler Holding is very steady. Schindler Holding owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0467, which indicates the firm had a 0.0467% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Schindler Holding AG, which you can use to evaluate the volatility of the company. Please validate Schindler Holding's Coefficient Of Variation of 2159.07, risk adjusted performance of 0.0413, and Variance of 3.33 to confirm if the risk estimate we provide is consistent with the expected return of 0.0858%. Schindler Holding has a performance score of 3 on a scale of 0 to 100. The entity has a beta of 0.0935, 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 1.84%. Please validate Schindler Holding treynor ratio, as well as the relationship between the kurtosis and day typical price , to decide if Schindler Holding will be following its existing price patterns.
Auto-correlation | -0.88 |
Excellent reverse predictability
Schindler Holding AG has excellent reverse predictability. Overlapping area represents the amount of predictability between Schindler Holding time series from 2nd of August 2023 to 29th of March 2024 and 29th of March 2024 to 24th 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 -0.88 indicates that approximately 88.0% of current Schindler Holding price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.88 | |
| Spearman Rank Test | -0.67 | |
| Residual Average | 0.0 | |
| Price Variance | 120.03 |
Schindler Holding lagged returns against current returns
Autocorrelation, which is Schindler Holding pink sheet'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 pink sheet 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 pink sheet 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 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 pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Schindler Holding pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Schindler Holding pink sheet 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 pink sheet 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 pink sheet 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 |
Currently Active Assets on Macroaxis
Other Information on Investing in Schindler Pink Sheet
Schindler Holding financial ratios help investors to determine whether Schindler Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Schindler with respect to the benefits of owning Schindler Holding security.