Digital Bros (Germany) Market Value
| DB7 Stock | EUR 10.16 0.52 4.87% |
| Symbol | Digital |
Digital Bros '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 Digital Bros' 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 Digital Bros.
| 12/13/2024 |
| 03/13/2025 |
If you would invest 0.00 in Digital Bros on December 13, 2024 and sell it all today you would earn a total of 0.00 from holding Digital Bros SpA or generate 0.0% return on investment in Digital Bros over 90 days. Digital Bros is related to or competes with Zoom Video, X-FAB Silicon, SILICON LABORATOR, INDO-RAMA SYNTHETIC, and Air Products. Digital Bros S.p.A. develops, publishes, distributes, and markets video games in Europe, the Americas, and international... More
Digital Bros 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 Digital Bros' 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 Digital Bros SpA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.66 | |||
| Information Ratio | 0.0926 | |||
| Maximum Drawdown | 26.55 | |||
| Value At Risk | (4.98) | |||
| Potential Upside | 6.21 |
Digital Bros Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Digital Bros' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Digital Bros' standard deviation. In reality, there are many statistical measures that can use Digital Bros historical prices to predict the future Digital Bros' volatility.| Risk Adjusted Performance | 0.059 | |||
| Jensen Alpha | 0.2484 | |||
| Total Risk Alpha | 0.795 | |||
| Sortino Ratio | 0.0748 | |||
| Treynor Ratio | 1.05 |
Digital Bros SpA Backtested Returns
At this point, Digital Bros is somewhat reliable. Digital Bros SpA secures Sharpe Ratio (or Efficiency) of 0.0447, which denotes the company had a 0.0447 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Digital Bros SpA, which you can use to evaluate the volatility of the firm. Please confirm Digital Bros' Mean Deviation of 2.51, downside deviation of 4.66, and Coefficient Of Variation of 1623.78 to check if the risk estimate we provide is consistent with the expected return of 0.18%. Digital Bros has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.21, which means not very significant fluctuations relative to the market. As returns on the market increase, Digital Bros' returns are expected to increase less than the market. However, during the bear market, the loss of holding Digital Bros is expected to be smaller as well. Digital Bros SpA right now shows a risk of 3.96%. Please confirm Digital Bros SpA coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to decide if Digital Bros SpA will be following its price patterns.
Auto-correlation | 0.86 |
Very good predictability
Digital Bros SpA has very good predictability. Overlapping area represents the amount of predictability between Digital Bros time series from 13th of December 2024 to 27th of January 2025 and 27th of January 2025 to 13th of March 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 Digital Bros SpA price movement. The serial correlation of 0.86 indicates that approximately 86.0% of current Digital Bros price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.86 | |
| Spearman Rank Test | 0.71 | |
| Residual Average | 0.0 | |
| Price Variance | 0.83 |
Digital Bros SpA lagged returns against current returns
Autocorrelation, which is Digital Bros 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 Digital Bros' stock expected returns. We can calculate the autocorrelation of Digital Bros returns to help us make a trade decision. For example, suppose you find that Digital Bros 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 |
Digital Bros 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 Digital Bros stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Digital Bros stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Digital Bros stock over time.
Current vs Lagged Prices |
| Timeline |
Digital Bros Lagged Returns
When evaluating Digital Bros' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Digital Bros stock have on its future price. Digital Bros 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, Digital Bros autocorrelation shows the relationship between Digital Bros stock current value and its past values and can show if there is a momentum factor associated with investing in Digital Bros SpA.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Digital Stock
Digital Bros financial ratios help investors to determine whether Digital 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 Digital with respect to the benefits of owning Digital Bros security.