Dana (Germany) Market Value
| 4DH Stock | EUR 14.50 0.40 2.68% |
| Symbol | Dana |
Dana '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 Dana'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 Dana.
| 01/27/2025 |
| 02/26/2025 |
If you would invest 0.00 in Dana on January 27, 2025 and sell it all today you would earn a total of 0.00 from holding Dana Inc or generate 0.0% return on investment in Dana over 30 days. Dana is related to or competes with GWILLI FOOD, Transport International, United Natural, ANTA Sports, SLIGRO FOOD, and Austevoll Seafood. Dana Incorporated provides drive and motion products, sealing solutions, thermal-management technologies, and fluid-powe... More
Dana 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 Dana'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 Dana Inc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.28 | |||
| Information Ratio | 0.2388 | |||
| Maximum Drawdown | 17.45 | |||
| Value At Risk | (3.25) | |||
| Potential Upside | 6.54 |
Dana Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dana's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dana's standard deviation. In reality, there are many statistical measures that can use Dana historical prices to predict the future Dana's volatility.| Risk Adjusted Performance | 0.1865 | |||
| Jensen Alpha | 0.8455 | |||
| Total Risk Alpha | 0.8225 | |||
| Sortino Ratio | 0.3684 | |||
| Treynor Ratio | 6.19 |
Dana Inc Backtested Returns
Dana appears to be not too volatile, given 3 months investment horizon. Dana Inc secures Sharpe Ratio (or Efficiency) of 0.22, which denotes the company had a 0.22 % return per unit of risk over the last 3 months. By reviewing Dana's technical indicators, you can evaluate if the expected return of 0.78% is justified by implied risk. Please utilize Dana's Mean Deviation of 2.4, downside deviation of 2.28, and Coefficient Of Variation of 411.4 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Dana holds a performance score of 17. The firm shows a Beta (market volatility) of 0.14, which means not very significant fluctuations relative to the market. As returns on the market increase, Dana's returns are expected to increase less than the market. However, during the bear market, the loss of holding Dana is expected to be smaller as well. Please check Dana's information ratio, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Dana's price patterns will revert.
Auto-correlation | -0.11 |
Insignificant reverse predictability
Dana Inc has insignificant reverse predictability. Overlapping area represents the amount of predictability between Dana time series from 27th of January 2025 to 11th of February 2025 and 11th of February 2025 to 26th of February 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 Dana Inc price movement. The serial correlation of -0.11 indicates that less than 11.0% of current Dana price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.11 | |
| Spearman Rank Test | -0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 0.16 |
Dana Inc lagged returns against current returns
Autocorrelation, which is Dana 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 Dana's stock expected returns. We can calculate the autocorrelation of Dana returns to help us make a trade decision. For example, suppose you find that Dana 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 |
Dana 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 Dana stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dana stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dana stock over time.
Current vs Lagged Prices |
| Timeline |
Dana Lagged Returns
When evaluating Dana's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dana stock have on its future price. Dana 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, Dana autocorrelation shows the relationship between Dana stock current value and its past values and can show if there is a momentum factor associated with investing in Dana Inc.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Dana Stock
When determining whether Dana Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Dana's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Dana Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Dana Inc Stock:Check out Dana Correlation, Dana Volatility and Dana Alpha and Beta module to complement your research on Dana. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Dana 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.