Schweizerische Nationalbank Stock Market Value
| SWZNF Stock | USD 3,750 0.00 0.00% |
| Symbol | Schweizerische |
Schweizerische Nationalbank '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 Schweizerische Nationalbank'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 Schweizerische Nationalbank.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Schweizerische Nationalbank on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Schweizerische Nationalbank or generate 0.0% return on investment in Schweizerische Nationalbank over 30 days. Schweizerische Nationalbank is related to or competes with Israel Discount, Baraboo Bancorporation, Danske Bank, Jyske Bank, and Absa Group. Schweizerische Nationalbank, an independent central bank, provides banking services to the Swiss Confederation More
Schweizerische Nationalbank 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 Schweizerische Nationalbank'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 Schweizerische Nationalbank upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 15.02 | |||
| Value At Risk | (3.01) |
Schweizerische Nationalbank Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Schweizerische Nationalbank's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Schweizerische Nationalbank's standard deviation. In reality, there are many statistical measures that can use Schweizerische Nationalbank historical prices to predict the future Schweizerische Nationalbank's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.43) | |||
| Treynor Ratio | (2.39) |
Schweizerische Nationalbank Backtested Returns
Schweizerische Nationalbank owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0907, which indicates the firm had a -0.0907% return per unit of risk over the last 3 months. Schweizerische Nationalbank exposes seventeen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Schweizerische Nationalbank's Coefficient Of Variation of (1,119), risk adjusted performance of (0.06), and Variance of 2.99 to confirm the risk estimate we provide. The entity has a beta of 0.0689, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Schweizerische Nationalbank's returns are expected to increase less than the market. However, during the bear market, the loss of holding Schweizerische Nationalbank is expected to be smaller as well. At this point, Schweizerische Nationalbank has a negative expected return of -0.16%. Please make sure to validate Schweizerische Nationalbank's standard deviation, value at risk, as well as the relationship between the Value At Risk and day typical price , to decide if Schweizerische Nationalbank performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.00 |
No correlation between past and present
Schweizerische Nationalbank has no correlation between past and present. Overlapping area represents the amount of predictability between Schweizerische Nationalbank 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 Schweizerische Nationalbank price movement. The serial correlation of 0.0 indicates that just 0.0% of current Schweizerische Nationalbank price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | -0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 44.3 K |
Schweizerische Nationalbank lagged returns against current returns
Autocorrelation, which is Schweizerische Nationalbank 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 Schweizerische Nationalbank's pink sheet expected returns. We can calculate the autocorrelation of Schweizerische Nationalbank returns to help us make a trade decision. For example, suppose you find that Schweizerische Nationalbank 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 |
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Schweizerische Nationalbank 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 Schweizerische Nationalbank pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Schweizerische Nationalbank pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Schweizerische Nationalbank pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Schweizerische Nationalbank Lagged Returns
When evaluating Schweizerische Nationalbank's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Schweizerische Nationalbank pink sheet have on its future price. Schweizerische Nationalbank 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, Schweizerische Nationalbank autocorrelation shows the relationship between Schweizerische Nationalbank pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Schweizerische Nationalbank.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Schweizerische Pink Sheet
Schweizerische Nationalbank financial ratios help investors to determine whether Schweizerische 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 Schweizerische with respect to the benefits of owning Schweizerische Nationalbank security.