Swatch Group (Switzerland) Price on August 8, 2023
UHRN Stock | CHF 31.85 0.30 0.95% |
If you're considering investing in Swatch Stock, it is important to understand the factors that can impact its price. As of today, the current price of Swatch Group stands at 31.85, as last reported on the 29th of December, with the highest price reaching 31.95 and the lowest price hitting 31.55 during the day. Swatch Group AG owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0962, which indicates the firm had a -0.0962% return per unit of risk over the last 3 months. Swatch Group AG exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Swatch Group's Semi Deviation of 2.11, risk adjusted performance of 0.0413, and Coefficient Of Variation of 2315.96 to confirm the risk estimate we provide.
Swatch Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Swatch |
Sharpe Ratio = -0.0962
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Estimated Market Risk
1.94 actual daily | 17 83% of assets are more volatile |
Expected Return
-0.19 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Swatch Group is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Swatch Group by adding Swatch Group to a well-diversified portfolio.
Swatch Group Valuation on August 8, 2023
It is possible to determine the worth of Swatch Group on a given historical date. On August 8, 2023 Swatch was worth 48.93 at the beginning of the trading date compared to the closed value of 48.11. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Swatch Group stock. Still, in general, we apply an absolute valuation method to find Swatch Group's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Swatch Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Swatch Group's related companies.
Open | High | Low | Close | Volume | |
49.03 | 49.42 | 48.93 | 49.32 | 34,015 | |
08/08/2023 | 48.93 | 48.93 | 48.11 | 48.11 | 52,000 |
48.16 | 48.45 | 48.01 | 48.01 | 37,016 |
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Swatch Group Trading Date Momentum on August 8, 2023
On August 09 2023 Swatch Group AG was traded for 48.01 at the closing time. The highest price during the trading period was 48.45 and the lowest recorded bid was listed for 48.01 . The volume for the day was 37 K. This history from August 9, 2023 contributed to the next trading day price decline. The trading price change to the next closing price was 0.21% . The trading price change to the current price is 5.53% . |
Swatch Group AG Fundamentals Correlations and Trends
By evaluating Swatch Group's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Swatch Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Swatch financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Swatch Group Stock history
Swatch Group investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Swatch is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Swatch Group AG will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Swatch Group stock prices may prove useful in developing a viable investing in Swatch Group
The Swatch Group AG designs, manufactures, and sells finished watches, jewelry, and watch movements and components worldwide. The Swatch Group AG is headquartered in BielBienne, Switzerland. SWATCH GROUP operates under Luxury Goods classification in Switzerland and is traded on Switzerland Exchange. It employs 36800 people.
Swatch Group Stock Technical Analysis
Swatch Group technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Swatch Group Period Price Range
Low | December 29, 2024
| High |
0.00 | 0.00 |
Swatch Group AG cannot be verified against its exchange. Please verify the symbol is currently traded on SIX Swiss Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Swatch Group December 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Swatch Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Swatch Group shares will generate the highest return on investment. By undertsting and applying Swatch Group stock market strength indicators, traders can identify Swatch Group AG entry and exit signals to maximize returns
Swatch Group Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Swatch Group's price direction in advance. Along with the technical and fundamental analysis of Swatch Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Swatch to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.0413 | |||
Jensen Alpha | 0.0957 | |||
Total Risk Alpha | 0.0286 | |||
Sortino Ratio | 0.0337 | |||
Treynor Ratio | 0.7352 |
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Additional Tools for Swatch Stock Analysis
When running Swatch Group's price analysis, check to measure Swatch Group'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 Swatch Group is operating at the current time. Most of Swatch Group's value examination focuses on studying past and present price action to predict the probability of Swatch Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Swatch Group's price. Additionally, you may evaluate how the addition of Swatch Group to your portfolios can decrease your overall portfolio volatility.