Zehnder (Switzerland) Market Value
| ZEHN Stock | CHF 45.95 2.40 5.51% |
| Symbol | Zehnder |
Zehnder '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 Zehnder'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 Zehnder.
| 12/07/2023 |
| 12/01/2024 |
If you would invest 0.00 in Zehnder on December 7, 2023 and sell it all today you would earn a total of 0.00 from holding Zehnder or generate 0.0% return on investment in Zehnder over 360 days. Zehnder is related to or competes with Comet Holding, Schweiter Technologies, Bossard Holding, Bachem Holding, and Sulzer AG. Zehnder Group AG, through its subsidiaries, develops, produces, and markets indoor climate systems in Europe, North Amer... More
Zehnder 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 Zehnder'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 Zehnder upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 10.15 | |||
| Value At Risk | (3.44) | |||
| Potential Upside | 3.02 |
Zehnder Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Zehnder's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Zehnder's standard deviation. In reality, there are many statistical measures that can use Zehnder historical prices to predict the future Zehnder's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.26) | |||
| Total Risk Alpha | (0.59) | |||
| Treynor Ratio | (1.12) |
Zehnder Backtested Returns
Zehnder shows Sharpe Ratio of -0.094, which attests that the company had a -0.094% return per unit of risk over the last 3 months. Zehnder exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Zehnder's Standard Deviation of 2.13, market risk adjusted performance of (1.11), and Mean Deviation of 1.69 to validate the risk estimate we provide. The firm maintains a market beta of 0.21, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Zehnder's returns are expected to increase less than the market. However, during the bear market, the loss of holding Zehnder is expected to be smaller as well. At this point, Zehnder has a negative expected return of -0.2%. Please make sure to check out Zehnder's total risk alpha, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to decide if Zehnder performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.74 |
Almost perfect reverse predictability
Zehnder has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Zehnder time series from 7th of December 2023 to 4th of June 2024 and 4th of June 2024 to 1st of December 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 Zehnder price movement. The serial correlation of -0.74 indicates that around 74.0% of current Zehnder price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.74 | |
| Spearman Rank Test | -0.71 | |
| Residual Average | 0.0 | |
| Price Variance | 11.98 |
Zehnder lagged returns against current returns
Autocorrelation, which is Zehnder 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 Zehnder's stock expected returns. We can calculate the autocorrelation of Zehnder returns to help us make a trade decision. For example, suppose you find that Zehnder 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 |
Zehnder 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 Zehnder stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Zehnder stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Zehnder stock over time.
Current vs Lagged Prices |
| Timeline |
Zehnder Lagged Returns
When evaluating Zehnder's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Zehnder stock have on its future price. Zehnder 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, Zehnder autocorrelation shows the relationship between Zehnder stock current value and its past values and can show if there is a momentum factor associated with investing in Zehnder.
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 Zehnder Stock Analysis
When running Zehnder's price analysis, check to measure Zehnder'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 Zehnder is operating at the current time. Most of Zehnder's value examination focuses on studying past and present price action to predict the probability of Zehnder's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zehnder's price. Additionally, you may evaluate how the addition of Zehnder to your portfolios can decrease your overall portfolio volatility.