Delticom (Germany) Market Value
| DEX Stock | 2.36 0.08 3.51% |
| Symbol | Delticom |
Delticom '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 Delticom'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 Delticom.
| 11/12/2024 |
| 12/12/2024 |
If you would invest 0.00 in Delticom on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding Delticom AG or generate 0.0% return on investment in Delticom over 30 days. Delticom is related to or competes with Autohome ADR, INVITATION HOMES, CompuGroup Medical, Aedas Homes, and MeVis Medical. More
Delticom 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 Delticom'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 Delticom AG upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.41 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 12.06 | |||
| Value At Risk | (4.39) | |||
| Potential Upside | 4.07 |
Delticom Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Delticom's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Delticom's standard deviation. In reality, there are many statistical measures that can use Delticom historical prices to predict the future Delticom's volatility.| Risk Adjusted Performance | 0.0201 | |||
| Jensen Alpha | 0.021 | |||
| Total Risk Alpha | (0.37) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.2749 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Delticom's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Delticom AG Backtested Returns
Currently, Delticom AG is risky. Delticom AG secures Sharpe Ratio (or Efficiency) of 0.0179, which denotes the company had a 0.0179% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Delticom AG, which you can use to evaluate the volatility of the firm. Please confirm Delticom's Coefficient Of Variation of 5597.21, mean deviation of 1.81, and Downside Deviation of 3.41 to check if the risk estimate we provide is consistent with the expected return of 0.046%. Delticom has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.13, which means not very significant fluctuations relative to the market. As returns on the market increase, Delticom's returns are expected to increase less than the market. However, during the bear market, the loss of holding Delticom is expected to be smaller as well. Delticom AG right now shows a risk of 2.58%. Please confirm Delticom AG downside variance, and the relationship between the sortino ratio and daily balance of power , to decide if Delticom AG will be following its price patterns.
Auto-correlation | -0.46 |
Modest reverse predictability
Delticom AG has modest reverse predictability. Overlapping area represents the amount of predictability between Delticom time series from 12th of November 2024 to 27th of November 2024 and 27th of November 2024 to 12th 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 Delticom AG price movement. The serial correlation of -0.46 indicates that about 46.0% of current Delticom price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.46 | |
| Spearman Rank Test | -0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Delticom AG lagged returns against current returns
Autocorrelation, which is Delticom 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 Delticom's stock expected returns. We can calculate the autocorrelation of Delticom returns to help us make a trade decision. For example, suppose you find that Delticom 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 |
Delticom 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 Delticom stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Delticom stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Delticom stock over time.
Current vs Lagged Prices |
| Timeline |
Delticom Lagged Returns
When evaluating Delticom's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Delticom stock have on its future price. Delticom 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, Delticom autocorrelation shows the relationship between Delticom stock current value and its past values and can show if there is a momentum factor associated with investing in Delticom AG.
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 Delticom Stock Analysis
When running Delticom's price analysis, check to measure Delticom'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 Delticom is operating at the current time. Most of Delticom's value examination focuses on studying past and present price action to predict the probability of Delticom's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Delticom's price. Additionally, you may evaluate how the addition of Delticom to your portfolios can decrease your overall portfolio volatility.