Roche Holding Ag Stock Market Value

RHHVF Stock  USD 252.40  2.20  0.88%   
Roche Holding's market value is the price at which a share of Roche Holding trades on a public exchange. It measures the collective expectations of Roche Holding AG investors about its performance. Roche Holding is trading at 252.40 as of the 28th of March 2024. This is a 0.88 percent increase since the beginning of the trading day. The stock's lowest day price was 245.01.
With this module, you can estimate the performance of a buy and hold strategy of Roche Holding AG and determine expected loss or profit from investing in Roche Holding over a given investment horizon. Check out Roche Holding Correlation, Roche Holding Volatility and Roche Holding Alpha and Beta module to complement your research on Roche Holding.
Symbol

Please note, there is a significant difference between Roche Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if Roche Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Roche Holding's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Roche 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 Roche Holding's otc 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 Roche Holding.
0.00
02/27/2024
No Change 0.00  0.0 
In 31 days
03/28/2024
0.00
If you would invest  0.00  in Roche Holding on February 27, 2024 and sell it all today you would earn a total of 0.00 from holding Roche Holding AG or generate 0.0% return on investment in Roche Holding over 30 days. Roche Holding is related to or competes with Eli Lilly, Johnson Johnson, Merck, Roche Holding, AstraZeneca PLC, and Novartis. Roche Holding AG engages in the pharmaceuticals and diagnostics businesses in Switzerland, Germany, the United States, A... More

Roche 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 Roche Holding's otc 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 Roche Holding AG upside and downside potential and time the market with a certain degree of confidence.

Roche Holding Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Roche Holding's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Roche Holding's standard deviation. In reality, there are many statistical measures that can use Roche Holding historical prices to predict the future Roche Holding's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Roche 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.
Hype
Prediction
LowEstimatedHigh
250.79252.40254.01
Details
Intrinsic
Valuation
LowRealHigh
205.36206.97277.64
Details
Naive
Forecast
LowNextHigh
239.90241.50243.11
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
249.47251.85254.24
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Roche Holding. Your research has to be compared to or analyzed against Roche Holding's peers to derive any actionable benefits. When done correctly, Roche Holding's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Roche Holding AG.

Roche Holding AG Backtested Returns

Roche Holding AG maintains Sharpe Ratio (i.e., Efficiency) of -0.0742, which implies the firm had a -0.0742% return per unit of risk over the last 3 months. Roche Holding AG exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Roche Holding's Variance of 2.64, risk adjusted performance of (0.02), and Coefficient Of Variation of (1,861) to confirm the risk estimate we provide. The company holds a Beta of 0.28, which implies not very significant fluctuations relative to the market. As returns on the market increase, Roche Holding's returns are expected to increase less than the market. However, during the bear market, the loss of holding Roche Holding is expected to be smaller as well. Roche Holding AG has an expected return of -0.12%. Please make sure to check Roche Holding AG treynor ratio, as well as the relationship between the kurtosis and day typical price , to decide if Roche Holding AG performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.75  

Almost perfect reverse predictability

Roche Holding AG has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Roche Holding time series from 27th of February 2024 to 13th of March 2024 and 13th of March 2024 to 28th of March 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 Roche Holding AG price movement. The serial correlation of -0.75 indicates that around 75.0% of current Roche Holding price fluctuation can be explain by its past prices.
Correlation Coefficient-0.75
Spearman Rank Test-0.9
Residual Average0.0
Price Variance24.18

Roche Holding AG lagged returns against current returns

Autocorrelation, which is Roche Holding otc 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 Roche Holding's otc stock expected returns. We can calculate the autocorrelation of Roche Holding returns to help us make a trade decision. For example, suppose you find that Roche Holding has exhibited high autocorrelation historically, and you observe that the otc 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  

Roche 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 Roche Holding otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Roche Holding otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Roche Holding otc stock over time.
   Current vs Lagged Prices   
       Timeline  

Roche Holding Lagged Returns

When evaluating Roche Holding's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Roche Holding otc stock have on its future price. Roche 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, Roche Holding autocorrelation shows the relationship between Roche Holding otc stock current value and its past values and can show if there is a momentum factor associated with investing in Roche 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 Roche 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, Roche Holding's short interest history, or implied volatility extrapolated from Roche Holding options trading.

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When running Roche Holding's price analysis, check to measure Roche 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 Roche Holding is operating at the current time. Most of Roche Holding's value examination focuses on studying past and present price action to predict the probability of Roche 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 Roche Holding's price. Additionally, you may evaluate how the addition of Roche Holding to your portfolios can decrease your overall portfolio volatility.
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Roche Holding technical otc 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, otc market cycles, or different charting patterns.
A focus of Roche Holding technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Roche Holding trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...