Straumann Holding Ag Stock Market Value
SAUHF Stock | USD 147.35 9.99 6.35% |
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 pink sheet 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.
03/25/2024 |
| 04/24/2024 |
If you would invest 0.00 in Straumann Holding on March 25, 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 GlucoTrack, Sharps Technology, Utah Medical, Innovative Eyewear, and Microbot Medical. 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 pink sheet 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 | 2.41 | |||
Information Ratio | 0.0114 | |||
Maximum Drawdown | 11.01 | |||
Value At Risk | (3.57) | |||
Potential Upside | 4.41 |
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 | 0.0373 | |||
Jensen Alpha | (0.02) | |||
Total Risk Alpha | (0.25) | |||
Sortino Ratio | 0.0125 | |||
Treynor Ratio | 0.0706 |
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 0.0488, which indicates the firm had a 0.0488% 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 2104.74, semi deviation of 2.31, and Risk Adjusted Performance of 0.0373 to confirm if the risk estimate we provide is consistent with the expected return of 0.13%. Straumann Holding has a performance score of 3 on a scale of 0 to 100. The entity has a beta of 1.64, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Straumann Holding will likely underperform. Straumann Holding right now has a risk of 2.69%. Please validate Straumann Holding expected short fall, and the relationship between the value at risk and daily balance of power , to decide if Straumann Holding will be following its existing price patterns.
Auto-correlation | 0.56 |
Modest predictability
Straumann Holding AG has modest predictability. Overlapping area represents the amount of predictability between Straumann Holding time series from 25th of March 2024 to 9th of April 2024 and 9th of April 2024 to 24th 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 0.56 indicates that roughly 56.0% of current Straumann Holding price fluctuation can be explain by its past prices.
Correlation Coefficient | 0.56 | |
Spearman Rank Test | 0.18 | |
Residual Average | 0.0 | |
Price Variance | 23.25 |
Straumann Holding lagged returns against current returns
Autocorrelation, which is Straumann Holding pink sheet'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 pink sheet 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 pink sheet 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 pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Straumann Holding pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Straumann Holding pink sheet 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 pink sheet 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 pink sheet 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. Note that the Straumann Holding information on this page should be used as a complementary analysis to other Straumann Holding's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the AI Investment Finder module to use AI to screen and filter profitable investment opportunities.
Complementary Tools for Straumann Pink Sheet 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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