Hypothekarbank Lenzburg (Switzerland) Market Value
| HBLN Stock | CHF 3,960 20.00 0.50% |
| Symbol | Hypothekarbank |
Hypothekarbank Lenzburg '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 Hypothekarbank Lenzburg'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 Hypothekarbank Lenzburg.
| 12/25/2022 |
| 12/14/2024 |
If you would invest 0.00 in Hypothekarbank Lenzburg on December 25, 2022 and sell it all today you would earn a total of 0.00 from holding Hypothekarbank Lenzburg AG or generate 0.0% return on investment in Hypothekarbank Lenzburg over 720 days. Hypothekarbank Lenzburg is related to or competes with Luzerner Kantonalbank, Graubuendner Kantonalbank, CPH Chemie, Berner Kantonalbank, and Compagnie Financiere. Hypothekarbank Lenzburg AG provides various banking services and products to private customers and companies in Switzerl... More
Hypothekarbank Lenzburg 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 Hypothekarbank Lenzburg'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 Hypothekarbank Lenzburg AG upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.28) | |||
| Maximum Drawdown | 2.97 | |||
| Value At Risk | (0.51) | |||
| Potential Upside | 0.9901 |
Hypothekarbank Lenzburg Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hypothekarbank Lenzburg's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hypothekarbank Lenzburg's standard deviation. In reality, there are many statistical measures that can use Hypothekarbank Lenzburg historical prices to predict the future Hypothekarbank Lenzburg's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.12) | |||
| Treynor Ratio | 0.5758 |
Hypothekarbank Lenzburg Backtested Returns
Hypothekarbank Lenzburg holds Efficiency (Sharpe) Ratio of -0.0749, which attests that the entity had a -0.0749% return per unit of risk over the last 3 months. Hypothekarbank Lenzburg exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hypothekarbank Lenzburg's Risk Adjusted Performance of (0.07), standard deviation of 0.5063, and Market Risk Adjusted Performance of 0.5858 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.0937, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Hypothekarbank Lenzburg are expected to decrease at a much lower rate. During the bear market, Hypothekarbank Lenzburg is likely to outperform the market. At this point, Hypothekarbank Lenzburg has a negative expected return of -0.0389%. Please make sure to check out Hypothekarbank Lenzburg's value at risk, skewness, and the relationship between the maximum drawdown and potential upside , to decide if Hypothekarbank Lenzburg performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.78 |
Good predictability
Hypothekarbank Lenzburg AG has good predictability. Overlapping area represents the amount of predictability between Hypothekarbank Lenzburg time series from 25th of December 2022 to 20th of December 2023 and 20th of December 2023 to 14th 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 Hypothekarbank Lenzburg price movement. The serial correlation of 0.78 indicates that around 78.0% of current Hypothekarbank Lenzburg price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.78 | |
| Spearman Rank Test | 0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 6601.44 |
Hypothekarbank Lenzburg lagged returns against current returns
Autocorrelation, which is Hypothekarbank Lenzburg 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 Hypothekarbank Lenzburg's stock expected returns. We can calculate the autocorrelation of Hypothekarbank Lenzburg returns to help us make a trade decision. For example, suppose you find that Hypothekarbank Lenzburg 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 |
Hypothekarbank Lenzburg 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 Hypothekarbank Lenzburg stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hypothekarbank Lenzburg stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hypothekarbank Lenzburg stock over time.
Current vs Lagged Prices |
| Timeline |
Hypothekarbank Lenzburg Lagged Returns
When evaluating Hypothekarbank Lenzburg's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hypothekarbank Lenzburg stock have on its future price. Hypothekarbank Lenzburg 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, Hypothekarbank Lenzburg autocorrelation shows the relationship between Hypothekarbank Lenzburg stock current value and its past values and can show if there is a momentum factor associated with investing in Hypothekarbank Lenzburg 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 Hypothekarbank Stock Analysis
When running Hypothekarbank Lenzburg's price analysis, check to measure Hypothekarbank Lenzburg'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 Hypothekarbank Lenzburg is operating at the current time. Most of Hypothekarbank Lenzburg's value examination focuses on studying past and present price action to predict the probability of Hypothekarbank Lenzburg's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hypothekarbank Lenzburg's price. Additionally, you may evaluate how the addition of Hypothekarbank Lenzburg to your portfolios can decrease your overall portfolio volatility.