DRONE VOLT's market value is the price at which a share of DRONE VOLT trades on a public exchange. It measures the collective expectations of DRONE VOLT SACA investors about its performance. DRONE VOLT is trading at 0.55 as of the 13th of January 2025. This is a 57.14% up since the beginning of the trading day. The stock's lowest day price was 0.41. With this module, you can estimate the performance of a buy and hold strategy of DRONE VOLT SACA and determine expected loss or profit from investing in DRONE VOLT over a given investment horizon. Check out DRONE VOLT Correlation, DRONE VOLT Volatility and DRONE VOLT Alpha and Beta module to complement your research on DRONE VOLT.
Please note, there is a significant difference between DRONE VOLT's value and its price as these two are different measures arrived at by different means. Investors typically determine if DRONE VOLT is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DRONE VOLT'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.
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.
0.00
12/14/2024
No Change 0.00
0.0
In 31 days
01/13/2025
0.00
If you would invest 0.00 in DRONE VOLT on December 14, 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 30 days. DRONE VOLT is related to or competes with Datalogic SpA, Superior Plus, NMI Holdings, SIVERS SEMICONDUCTORS, Talanx AG, NorAm Drilling, and Identiv. 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.
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.
DRONE VOLT is out of control given 3 months investment horizon. DRONE VOLT SACA secures Sharpe Ratio (or Efficiency) of 0.13, which denotes the company had a 0.13% return per unit of risk over the last 3 months. We were able to interpolate twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.18% are justified by taking the suggested risk. Use DRONE VOLT Downside Deviation of 7.06, mean deviation of 3.71, and Semi Deviation of 3.45 to evaluate company specific risk that cannot be diversified away. DRONE VOLT holds a performance score of 10 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -3.26, which means a somewhat significant risk relative to the market. As returns on the market increase, returns on owning DRONE VOLT are expected to decrease by larger amounts. On the other hand, during market turmoil, DRONE VOLT is expected to outperform it. Use DRONE VOLT downside deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to analyze future returns on DRONE VOLT.
Auto-correlation
-0.12
Insignificant reverse predictability
DRONE VOLT SACA has insignificant reverse predictability. Overlapping area represents the amount of predictability between DRONE VOLT time series from 14th of December 2024 to 29th of December 2024 and 29th of December 2024 to 13th of January 2025. 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 -0.12 indicates that less than 12.0% of current DRONE VOLT price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.12
Spearman Rank Test
0.29
Residual Average
0.0
Price Variance
0.01
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.
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.