Calida Holding (Switzerland) Market Value
| CALN Stock | CHF 22.85 0.55 2.35% |
| Symbol | Calida |
Calida Holding '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 Calida Holding'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 Calida Holding.
| 09/17/2024 |
| 12/16/2024 |
If you would invest 0.00 in Calida Holding on September 17, 2024 and sell it all today you would earn a total of 0.00 from holding Calida Holding AG or generate 0.0% return on investment in Calida Holding over 90 days. Calida Holding is related to or competes with Swatch Group, Helvetia Holding, Emmi AG, Swissquote Group, and Implenia. CALIDA Holding AG engages in apparel business in France, Germany, Switzerland, rest of Europe, Asia, the United States, ... More
Calida Holding 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 Calida Holding'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 Calida Holding AG upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 27.46 | |||
| Value At Risk | (3.30) | |||
| Potential Upside | 2.11 |
Calida Holding Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Calida Holding's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Calida Holding's standard deviation. In reality, there are many statistical measures that can use Calida Holding historical prices to predict the future Calida Holding's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.27) | |||
| Total Risk Alpha | (0.61) | |||
| Treynor Ratio | (0.67) |
Calida Holding AG Backtested Returns
Calida Holding AG secures Sharpe Ratio (or Efficiency) of -0.0845, which signifies that the company had a -0.0845% return per unit of risk over the last 3 months. Calida Holding AG exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Calida Holding's Risk Adjusted Performance of (0.05), mean deviation of 1.69, and Standard Deviation of 3.0 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.36, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Calida Holding's returns are expected to increase less than the market. However, during the bear market, the loss of holding Calida Holding is expected to be smaller as well. At this point, Calida Holding AG has a negative expected return of -0.26%. Please make sure to confirm Calida Holding's treynor ratio, value at risk, and the relationship between the total risk alpha and maximum drawdown , to decide if Calida Holding AG performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.33 |
Below average predictability
Calida Holding AG has below average predictability. Overlapping area represents the amount of predictability between Calida Holding time series from 17th of September 2024 to 1st of November 2024 and 1st of November 2024 to 16th 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 Calida Holding AG price movement. The serial correlation of 0.33 indicates that nearly 33.0% of current Calida Holding price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.33 | |
| Spearman Rank Test | 0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 0.92 |
Calida Holding AG lagged returns against current returns
Autocorrelation, which is Calida Holding 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 Calida Holding's stock expected returns. We can calculate the autocorrelation of Calida Holding returns to help us make a trade decision. For example, suppose you find that Calida Holding 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 |
Calida Holding 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 Calida Holding stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Calida Holding stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Calida Holding stock over time.
Current vs Lagged Prices |
| Timeline |
Calida Holding Lagged Returns
When evaluating Calida Holding's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Calida Holding stock have on its future price. Calida Holding 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, Calida Holding autocorrelation shows the relationship between Calida Holding stock current value and its past values and can show if there is a momentum factor associated with investing in Calida Holding 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 Calida Stock Analysis
When running Calida Holding's price analysis, check to measure Calida Holding'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 Calida Holding is operating at the current time. Most of Calida Holding's value examination focuses on studying past and present price action to predict the probability of Calida Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Calida Holding's price. Additionally, you may evaluate how the addition of Calida Holding to your portfolios can decrease your overall portfolio volatility.