Deezer SA (France) Market Value
| DEEZR Stock | 1.27 0.00 0.00% |
| Symbol | Deezer |
Deezer SA '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 Deezer SA'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 Deezer SA.
| 01/07/2023 |
| 12/27/2024 |
If you would invest 0.00 in Deezer SA on January 7, 2023 and sell it all today you would earn a total of 0.00 from holding Deezer SA or generate 0.0% return on investment in Deezer SA over 720 days.
Deezer SA 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 Deezer SA'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 Deezer SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 15.46 | |||
| Value At Risk | (4.38) | |||
| Potential Upside | 4.9 |
Deezer SA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Deezer SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Deezer SA's standard deviation. In reality, there are many statistical measures that can use Deezer SA historical prices to predict the future Deezer SA's volatility.| Risk Adjusted Performance | (0.10) | |||
| Jensen Alpha | (0.41) | |||
| Total Risk Alpha | (0.54) | |||
| Treynor Ratio | (0.64) |
Deezer SA Backtested Returns
Deezer SA secures Sharpe Ratio (or Efficiency) of -0.074, which denotes the company had a -0.074% return per unit of standard deviation over the last 3 months. Deezer SA exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Deezer SA's Standard Deviation of 2.73, coefficient of variation of (723.65), and Mean Deviation of 1.76 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.6, which means possible diversification benefits within a given portfolio. As returns on the market increase, Deezer SA's returns are expected to increase less than the market. However, during the bear market, the loss of holding Deezer SA is expected to be smaller as well. At this point, Deezer SA has a negative expected return of -0.19%. Please make sure to confirm Deezer SA's market risk adjusted performance, jensen alpha, as well as the relationship between the Jensen Alpha and accumulation distribution , to decide if Deezer SA performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.33 |
Poor reverse predictability
Deezer SA has poor reverse predictability. Overlapping area represents the amount of predictability between Deezer SA time series from 7th of January 2023 to 2nd of January 2024 and 2nd of January 2024 to 27th 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 Deezer SA price movement. The serial correlation of -0.33 indicates that nearly 33.0% of current Deezer SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.33 | |
| Spearman Rank Test | -0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
Deezer SA lagged returns against current returns
Autocorrelation, which is Deezer SA 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 Deezer SA's stock expected returns. We can calculate the autocorrelation of Deezer SA returns to help us make a trade decision. For example, suppose you find that Deezer SA 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 |
Deezer SA 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 Deezer SA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Deezer SA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Deezer SA stock over time.
Current vs Lagged Prices |
| Timeline |
Deezer SA Lagged Returns
When evaluating Deezer SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Deezer SA stock have on its future price. Deezer SA 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, Deezer SA autocorrelation shows the relationship between Deezer SA stock current value and its past values and can show if there is a momentum factor associated with investing in Deezer SA.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Deezer Stock Analysis
When running Deezer SA's price analysis, check to measure Deezer SA'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 Deezer SA is operating at the current time. Most of Deezer SA's value examination focuses on studying past and present price action to predict the probability of Deezer SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Deezer SA's price. Additionally, you may evaluate how the addition of Deezer SA to your portfolios can decrease your overall portfolio volatility.