DRONE VOLT (Germany) Market Value
| 2DV Stock | EUR 0.32 0.01 3.03% |
| Symbol | DRONE |
DRONE VOLT '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 DRONE VOLT'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 DRONE VOLT.
| 06/29/2024 |
| 12/26/2024 |
If you would invest 0.00 in DRONE VOLT on June 29, 2024 and sell it all today you would earn a total of 0.00 from holding DRONE VOLT SACA or generate 0.0% return on investment in DRONE VOLT over 180 days. DRONE VOLT is related to or competes with HP, SEIKO EPSON, Corsair Gaming, Mhlbauer Holding, ELECOM CO, Nano Dimension, and Datalogic SpA. Drone Volt SA manufactures and sells professional civilian drones in France More
DRONE VOLT 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 DRONE VOLT'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 DRONE VOLT SACA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 40.98 | |||
| Value At Risk | (3.57) | |||
| Potential Upside | 6.25 |
DRONE VOLT Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for DRONE VOLT's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as DRONE VOLT's standard deviation. In reality, there are many statistical measures that can use DRONE VOLT historical prices to predict the future DRONE VOLT's volatility.| Risk Adjusted Performance | 0.0027 | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.24) | |||
| Treynor Ratio | (0.07) |
DRONE VOLT SACA Backtested Returns
At this point, DRONE VOLT is out of control. DRONE VOLT SACA secures Sharpe Ratio (or Efficiency) of 0.0024, which denotes the company had a 0.0024% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for DRONE VOLT SACA, which you can use to evaluate the volatility of the firm. Please confirm DRONE VOLT's Mean Deviation of 2.22, standard deviation of 4.55, and Coefficient Of Variation of (14,538) to check if the risk estimate we provide is consistent with the expected return of 0.0112%. The firm shows a Beta (market volatility) of 0.61, which means possible diversification benefits within a given portfolio. As returns on the market increase, DRONE VOLT's returns are expected to increase less than the market. However, during the bear market, the loss of holding DRONE VOLT is expected to be smaller as well. DRONE VOLT SACA currently shows a risk of 4.62%. Please confirm DRONE VOLT SACA standard deviation, total risk alpha, maximum drawdown, as well as the relationship between the jensen alpha and treynor ratio , to decide if DRONE VOLT SACA will be following its price patterns.
Auto-correlation | 0.21 |
Weak predictability
DRONE VOLT SACA has weak predictability. Overlapping area represents the amount of predictability between DRONE VOLT time series from 29th of June 2024 to 27th of September 2024 and 27th of September 2024 to 26th 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 DRONE VOLT SACA price movement. The serial correlation of 0.21 indicates that over 21.0% of current DRONE VOLT price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.21 | |
| Spearman Rank Test | -0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
DRONE VOLT SACA lagged returns against current returns
Autocorrelation, which is DRONE VOLT 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 DRONE VOLT's stock expected returns. We can calculate the autocorrelation of DRONE VOLT returns to help us make a trade decision. For example, suppose you find that DRONE VOLT 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 |
DRONE VOLT 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 DRONE VOLT stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if DRONE VOLT stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in DRONE VOLT stock over time.
Current vs Lagged Prices |
| Timeline |
DRONE VOLT Lagged Returns
When evaluating DRONE VOLT's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of DRONE VOLT stock have on its future price. DRONE VOLT 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, DRONE VOLT autocorrelation shows the relationship between DRONE VOLT stock current value and its past values and can show if there is a momentum factor associated with investing in DRONE VOLT SACA.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in DRONE Stock
DRONE VOLT financial ratios help investors to determine whether DRONE Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in DRONE with respect to the benefits of owning DRONE VOLT security.