Dekuple (France) Market Value
| DKUPL Stock | 35.50 0.10 0.28% |
| Symbol | Dekuple |
Dekuple '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 Dekuple'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 Dekuple.
| 10/27/2024 |
| 12/26/2024 |
If you would invest 0.00 in Dekuple on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Dekuple or generate 0.0% return on investment in Dekuple over 60 days.
Dekuple 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 Dekuple'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 Dekuple upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 11.57 | |||
| Value At Risk | (2.60) | |||
| Potential Upside | 1.94 |
Dekuple Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dekuple's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dekuple's standard deviation. In reality, there are many statistical measures that can use Dekuple historical prices to predict the future Dekuple's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.1) | |||
| Total Risk Alpha | (0.17) | |||
| Treynor Ratio | 1.72 |
Dekuple Backtested Returns
Dekuple secures Sharpe Ratio (or Efficiency) of -0.0332, which denotes the company had a -0.0332% return per unit of risk over the last 3 months. Dekuple exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dekuple's Variance of 2.58, standard deviation of 1.61, and Mean Deviation of 0.941 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.0586, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Dekuple are expected to decrease at a much lower rate. During the bear market, Dekuple is likely to outperform the market. At this point, Dekuple has a negative expected return of -0.0525%. Please make sure to confirm Dekuple's value at risk, as well as the relationship between the daily balance of power and price action indicator , to decide if Dekuple performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.03 |
Virtually no predictability
Dekuple has virtually no predictability. Overlapping area represents the amount of predictability between Dekuple time series from 27th of October 2024 to 26th of November 2024 and 26th of November 2024 to 26th 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 Dekuple price movement. The serial correlation of 0.03 indicates that only 3.0% of current Dekuple price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.03 | |
| Spearman Rank Test | -0.32 | |
| Residual Average | 0.0 | |
| Price Variance | 0.58 |
Dekuple lagged returns against current returns
Autocorrelation, which is Dekuple 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 Dekuple's stock expected returns. We can calculate the autocorrelation of Dekuple returns to help us make a trade decision. For example, suppose you find that Dekuple 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 |
Dekuple 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 Dekuple stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dekuple stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dekuple stock over time.
Current vs Lagged Prices |
| Timeline |
Dekuple Lagged Returns
When evaluating Dekuple's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dekuple stock have on its future price. Dekuple 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, Dekuple autocorrelation shows the relationship between Dekuple stock current value and its past values and can show if there is a momentum factor associated with investing in Dekuple.
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 Dekuple Stock Analysis
When running Dekuple's price analysis, check to measure Dekuple'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 Dekuple is operating at the current time. Most of Dekuple's value examination focuses on studying past and present price action to predict the probability of Dekuple's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dekuple's price. Additionally, you may evaluate how the addition of Dekuple to your portfolios can decrease your overall portfolio volatility.