Berner Kantonalbank (Switzerland) Market Value
| BEKN Stock | CHF 232.00 1.00 0.43% |
| Symbol | Berner |
Berner Kantonalbank '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 Berner Kantonalbank'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 Berner Kantonalbank.
| 01/12/2023 |
| 12/02/2024 |
If you would invest 0.00 in Berner Kantonalbank on January 12, 2023 and sell it all today you would earn a total of 0.00 from holding Berner Kantonalbank AG or generate 0.0% return on investment in Berner Kantonalbank over 690 days. Berner Kantonalbank is related to or competes with Banque Cantonale, Luzerner Kantonalbank, St Galler, Basler Kantonalbank, and Banque Cantonale. Berner Kantonalbank AG, a cantonal bank, offers various banking products and financial services to private individuals a... More
Berner Kantonalbank 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 Berner Kantonalbank'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 Berner Kantonalbank AG upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6372 | |||
| Information Ratio | (0.23) | |||
| Maximum Drawdown | 2.6 | |||
| Value At Risk | (0.87) | |||
| Potential Upside | 0.8621 |
Berner Kantonalbank Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Berner Kantonalbank's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Berner Kantonalbank's standard deviation. In reality, there are many statistical measures that can use Berner Kantonalbank historical prices to predict the future Berner Kantonalbank's volatility.| Risk Adjusted Performance | 0.0165 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0.19) | |||
| Treynor Ratio | 0.0564 |
Berner Kantonalbank Backtested Returns
At this stage we consider Berner Stock to be very steady. Berner Kantonalbank secures Sharpe Ratio (or Efficiency) of 0.0277, which signifies that the company had a 0.0277% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Berner Kantonalbank AG, which you can use to evaluate the volatility of the firm. Please confirm Berner Kantonalbank's Downside Deviation of 0.6372, mean deviation of 0.4101, and Risk Adjusted Performance of 0.0165 to double-check if the risk estimate we provide is consistent with the expected return of 0.0147%. Berner Kantonalbank has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.08, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Berner Kantonalbank's returns are expected to increase less than the market. However, during the bear market, the loss of holding Berner Kantonalbank is expected to be smaller as well. Berner Kantonalbank right now shows a risk of 0.53%. Please confirm Berner Kantonalbank sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to decide if Berner Kantonalbank will be following its price patterns.
Auto-correlation | 0.25 |
Poor predictability
Berner Kantonalbank AG has poor predictability. Overlapping area represents the amount of predictability between Berner Kantonalbank time series from 12th of January 2023 to 23rd of December 2023 and 23rd of December 2023 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 Berner Kantonalbank price movement. The serial correlation of 0.25 indicates that over 25.0% of current Berner Kantonalbank price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.25 | |
| Spearman Rank Test | 0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 14.19 |
Berner Kantonalbank lagged returns against current returns
Autocorrelation, which is Berner Kantonalbank 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 Berner Kantonalbank's stock expected returns. We can calculate the autocorrelation of Berner Kantonalbank returns to help us make a trade decision. For example, suppose you find that Berner Kantonalbank 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 |
Berner Kantonalbank 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 Berner Kantonalbank stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Berner Kantonalbank stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Berner Kantonalbank stock over time.
Current vs Lagged Prices |
| Timeline |
Berner Kantonalbank Lagged Returns
When evaluating Berner Kantonalbank's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Berner Kantonalbank stock have on its future price. Berner Kantonalbank 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, Berner Kantonalbank autocorrelation shows the relationship between Berner Kantonalbank stock current value and its past values and can show if there is a momentum factor associated with investing in Berner Kantonalbank 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 Berner Stock Analysis
When running Berner Kantonalbank's price analysis, check to measure Berner Kantonalbank'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 Berner Kantonalbank is operating at the current time. Most of Berner Kantonalbank's value examination focuses on studying past and present price action to predict the probability of Berner Kantonalbank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Berner Kantonalbank's price. Additionally, you may evaluate how the addition of Berner Kantonalbank to your portfolios can decrease your overall portfolio volatility.