Swatch Group (Switzerland) Market Value
| UHRN Stock | CHF 32.20 0.10 0.31% |
| Symbol | Swatch |
Swatch 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 Swatch 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 Swatch Group.
| 10/23/2023 |
| 12/16/2024 |
If you would invest 0.00 in Swatch Group on October 23, 2023 and sell it all today you would earn a total of 0.00 from holding Swatch Group AG or generate 0.0% return on investment in Swatch Group over 420 days. Swatch Group is related to or competes with Compagnie Financire, Swiss Life, Swisscom, Swiss Re, and Geberit AG. The Swatch Group AG designs, manufactures, and sells finished watches, jewelry, and watch movements and components world... More
Swatch 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 Swatch 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 Swatch Group AG upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.2 | |||
| Information Ratio | (0.0004) | |||
| Maximum Drawdown | 20.0 | |||
| Value At Risk | (3.30) | |||
| Potential Upside | 2.81 |
Swatch Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Swatch Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Swatch Group's standard deviation. In reality, there are many statistical measures that can use Swatch Group historical prices to predict the future Swatch Group's volatility.| Risk Adjusted Performance | 0.0352 | |||
| Jensen Alpha | 0.13 | |||
| Total Risk Alpha | (0.23) | |||
| Sortino Ratio | (0.0005) | |||
| Treynor Ratio | (0.20) |
Swatch Group AG Backtested Returns
At this stage we consider Swatch Stock to be very steady. Swatch Group AG owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0458, which indicates the firm had a 0.0458% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Swatch Group AG, which you can use to evaluate the volatility of the company. Please validate Swatch Group's Semi Deviation of 2.08, coefficient of variation of 2586.2, and Risk Adjusted Performance of 0.0352 to confirm if the risk estimate we provide is consistent with the expected return of 0.12%. Swatch Group has a performance score of 3 on a scale of 0 to 100. The entity has a beta of -0.46, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Swatch Group are expected to decrease at a much lower rate. During the bear market, Swatch Group is likely to outperform the market. Swatch Group AG right now has a risk of 2.58%. Please validate Swatch Group coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to decide if Swatch Group will be following its existing price patterns.
Auto-correlation | 0.55 |
Modest predictability
Swatch Group AG has modest predictability. Overlapping area represents the amount of predictability between Swatch Group time series from 23rd of October 2023 to 20th of May 2024 and 20th of May 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 Swatch Group AG price movement. The serial correlation of 0.55 indicates that about 55.0% of current Swatch Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.55 | |
| Spearman Rank Test | 0.58 | |
| Residual Average | 0.0 | |
| Price Variance | 5.42 |
Swatch Group AG lagged returns against current returns
Autocorrelation, which is Swatch 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 Swatch Group's stock expected returns. We can calculate the autocorrelation of Swatch Group returns to help us make a trade decision. For example, suppose you find that Swatch 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 |
Swatch 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 Swatch Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Swatch Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Swatch Group stock over time.
Current vs Lagged Prices |
| Timeline |
Swatch Group Lagged Returns
When evaluating Swatch Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Swatch Group stock have on its future price. Swatch 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, Swatch Group autocorrelation shows the relationship between Swatch Group stock current value and its past values and can show if there is a momentum factor associated with investing in Swatch 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 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.