Softwareone Holding (Switzerland) Market Value
| SWON Stock | CHF 7.76 0.33 4.08% |
| Symbol | Softwareone |
Softwareone 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 Softwareone 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 Softwareone Holding.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in Softwareone Holding on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding Softwareone Holding or generate 0.0% return on investment in Softwareone Holding over 540 days. Softwareone Holding is related to or competes with Logitech International, VAT Group, Stadler Rail, Cembra Money, and Temenos Group. SoftwareONE Holding AG provides software and cloud technology solutions worldwide More
Softwareone 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 Softwareone 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 Softwareone Holding upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 40.67 | |||
| Value At Risk | (4.78) | |||
| Potential Upside | 3.07 |
Softwareone Holding Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Softwareone Holding's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Softwareone Holding's standard deviation. In reality, there are many statistical measures that can use Softwareone Holding historical prices to predict the future Softwareone Holding's volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.90) | |||
| Total Risk Alpha | (1.66) | |||
| Treynor Ratio | (2.02) |
Softwareone Holding Backtested Returns
Softwareone Holding owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.15, which indicates the firm had a -0.15% return per unit of risk over the last 3 months. Softwareone Holding exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Softwareone Holding's Variance of 28.6, coefficient of variation of (632.94), and Risk Adjusted Performance of (0.11) to confirm the risk estimate we provide. The entity has a beta of 0.42, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Softwareone Holding's returns are expected to increase less than the market. However, during the bear market, the loss of holding Softwareone Holding is expected to be smaller as well. At this point, Softwareone Holding has a negative expected return of -0.81%. Please make sure to validate Softwareone Holding's information ratio, total risk alpha, maximum drawdown, as well as the relationship between the jensen alpha and treynor ratio , to decide if Softwareone Holding performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.42 |
Average predictability
Softwareone Holding has average predictability. Overlapping area represents the amount of predictability between Softwareone 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 Softwareone Holding price movement. The serial correlation of 0.42 indicates that just about 42.0% of current Softwareone Holding price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.42 | |
| Spearman Rank Test | 0.48 | |
| Residual Average | 0.0 | |
| Price Variance | 8.4 |
Softwareone Holding lagged returns against current returns
Autocorrelation, which is Softwareone 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 Softwareone Holding's stock expected returns. We can calculate the autocorrelation of Softwareone Holding returns to help us make a trade decision. For example, suppose you find that Softwareone 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 |
| Timeline |
Softwareone 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 Softwareone Holding stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Softwareone Holding stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Softwareone Holding stock over time.
Current vs Lagged Prices |
| Timeline |
Softwareone Holding Lagged Returns
When evaluating Softwareone Holding's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Softwareone Holding stock have on its future price. Softwareone 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, Softwareone Holding autocorrelation shows the relationship between Softwareone Holding stock current value and its past values and can show if there is a momentum factor associated with investing in Softwareone Holding.
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 Softwareone Stock Analysis
When running Softwareone Holding's price analysis, check to measure Softwareone 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 Softwareone Holding is operating at the current time. Most of Softwareone Holding's value examination focuses on studying past and present price action to predict the probability of Softwareone 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 Softwareone Holding's price. Additionally, you may evaluate how the addition of Softwareone Holding to your portfolios can decrease your overall portfolio volatility.