Bellevue Group (Switzerland) Market Value
| BBN Stock | CHF 12.20 0.10 0.83% |
| Symbol | Bellevue |
Bellevue Group '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 Bellevue Group'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 Bellevue Group.
| 06/05/2024 |
| 12/02/2024 |
If you would invest 0.00 in Bellevue Group on June 5, 2024 and sell it all today you would earn a total of 0.00 from holding Bellevue Group AG or generate 0.0% return on investment in Bellevue Group over 180 days. Bellevue Group is related to or competes with BB Biotech, Leonteq AG, Helvetia Holding, EFG International, and Cembra Money. Bellevue Group AG provides asset management services for private, corporate, and institutional clients in Switzerland an... More
Bellevue Group 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 Bellevue Group'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 Bellevue Group AG upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.43) | |||
| Maximum Drawdown | 8.43 | |||
| Value At Risk | (3.30) | |||
| Potential Upside | 1.25 |
Bellevue Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bellevue Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bellevue Group's standard deviation. In reality, there are many statistical measures that can use Bellevue Group historical prices to predict the future Bellevue Group's volatility.| Risk Adjusted Performance | (0.25) | |||
| Jensen Alpha | (0.46) | |||
| Total Risk Alpha | (0.70) | |||
| Treynor Ratio | 11.88 |
Bellevue Group AG Backtested Returns
Bellevue Group AG secures Sharpe Ratio (or Efficiency) of -0.31, which signifies that the company had a -0.31% return per unit of risk over the last 3 months. Bellevue Group AG exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bellevue Group's Mean Deviation of 1.02, standard deviation of 1.39, and Risk Adjusted Performance of (0.25) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.0391, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Bellevue Group are expected to decrease at a much lower rate. During the bear market, Bellevue Group is likely to outperform the market. At this point, Bellevue Group AG has a negative expected return of -0.43%. Please make sure to confirm Bellevue Group's total risk alpha, accumulation distribution, period momentum indicator, as well as the relationship between the potential upside and day median price , to decide if Bellevue Group AG performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.76 |
Good predictability
Bellevue Group AG has good predictability. Overlapping area represents the amount of predictability between Bellevue Group time series from 5th of June 2024 to 3rd of September 2024 and 3rd of September 2024 to 2nd 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 Bellevue Group AG price movement. The serial correlation of 0.76 indicates that around 76.0% of current Bellevue Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.76 | |
| Spearman Rank Test | 0.53 | |
| Residual Average | 0.0 | |
| Price Variance | 1.89 |
Bellevue Group AG lagged returns against current returns
Autocorrelation, which is Bellevue Group 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 Bellevue Group's stock expected returns. We can calculate the autocorrelation of Bellevue Group returns to help us make a trade decision. For example, suppose you find that Bellevue Group 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 |
Bellevue Group 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 Bellevue Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bellevue Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bellevue Group stock over time.
Current vs Lagged Prices |
| Timeline |
Bellevue Group Lagged Returns
When evaluating Bellevue Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bellevue Group stock have on its future price. Bellevue Group 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, Bellevue Group autocorrelation shows the relationship between Bellevue Group stock current value and its past values and can show if there is a momentum factor associated with investing in Bellevue Group AG.
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 Bellevue Stock Analysis
When running Bellevue Group's price analysis, check to measure Bellevue 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 Bellevue Group is operating at the current time. Most of Bellevue Group's value examination focuses on studying past and present price action to predict the probability of Bellevue 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 Bellevue Group's price. Additionally, you may evaluate how the addition of Bellevue Group to your portfolios can decrease your overall portfolio volatility.