Straumann Holding (Switzerland) Market Value
| STMN Stock | CHF 134.40 0.60 0.44% |
| Symbol | Straumann |
Straumann 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 Straumann 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 Straumann Holding.
| 03/20/2024 |
| 04/19/2024 |
If you would invest 0.00 in Straumann Holding on March 20, 2024 and sell it all today you would earn a total of 0.00 from holding Straumann Holding AG or generate 0.0% return on investment in Straumann Holding over 30 days. Straumann Holding is related to or competes with Sika AG, Lonza Group, Givaudan, and Partners Group. Straumann Holding AG provides tooth replacement and orthodontic solutions worldwide More
Straumann 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 Straumann 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 Straumann Holding AG upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.9 | |||
| Information Ratio | 0.0256 | |||
| Maximum Drawdown | 7.78 | |||
| Value At Risk | (2.71) | |||
| Potential Upside | 2.49 |
Straumann Holding Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Straumann Holding's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Straumann Holding's standard deviation. In reality, there are many statistical measures that can use Straumann Holding historical prices to predict the future Straumann Holding's volatility.| Risk Adjusted Performance | 0.0469 | |||
| Jensen Alpha | 0.054 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.0231 | |||
| Treynor Ratio | 0.1239 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Straumann Holding's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Straumann Holding Backtested Returns
We consider Straumann Holding very steady. Straumann Holding owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0177, which indicates the firm had a 0.0177% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Straumann Holding AG, which you can use to evaluate the volatility of the company. Please validate Straumann Holding's Coefficient Of Variation of 1524.89, risk adjusted performance of 0.0469, and Semi Deviation of 1.8 to confirm if the risk estimate we provide is consistent with the expected return of 0.0303%. Straumann Holding has a performance score of 1 on a scale of 0 to 100. The entity has a beta of 0.83, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Straumann Holding's returns are expected to increase less than the market. However, during the bear market, the loss of holding Straumann Holding is expected to be smaller as well. Straumann Holding right now has a risk of 1.71%. Please validate Straumann Holding maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to decide if Straumann Holding will be following its existing price patterns.
Auto-correlation | 0.09 |
Virtually no predictability
Straumann Holding AG has virtually no predictability. Overlapping area represents the amount of predictability between Straumann Holding time series from 20th of March 2024 to 4th of April 2024 and 4th of April 2024 to 19th of April 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 Straumann Holding price movement. The serial correlation of 0.09 indicates that less than 9.0% of current Straumann Holding price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.09 | |
| Spearman Rank Test | 0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 5.37 |
Straumann Holding lagged returns against current returns
Autocorrelation, which is Straumann 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 Straumann Holding's stock expected returns. We can calculate the autocorrelation of Straumann Holding returns to help us make a trade decision. For example, suppose you find that Straumann 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 |
Straumann 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 Straumann Holding stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Straumann Holding stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Straumann Holding stock over time.
Current vs Lagged Prices |
| Timeline |
Straumann Holding Lagged Returns
When evaluating Straumann Holding's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Straumann Holding stock have on its future price. Straumann 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, Straumann Holding autocorrelation shows the relationship between Straumann Holding stock current value and its past values and can show if there is a momentum factor associated with investing in Straumann Holding AG.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Straumann Holding in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Straumann Holding's short interest history, or implied volatility extrapolated from Straumann Holding options trading.
Currently Active Assets on Macroaxis
Check out Straumann Holding Correlation, Straumann Holding Volatility and Straumann Holding Alpha and Beta module to complement your research on Straumann Holding. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Complementary Tools for Straumann Stock analysis
When running Straumann Holding's price analysis, check to measure Straumann 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 Straumann Holding is operating at the current time. Most of Straumann Holding's value examination focuses on studying past and present price action to predict the probability of Straumann 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 Straumann Holding's price. Additionally, you may evaluate how the addition of Straumann Holding to your portfolios can decrease your overall portfolio volatility.
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Straumann Holding technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.