Dena Co Stock Market Value
| DNACF Stock | USD 15.80 0.00 0.00% |
| Symbol | DeNA |
DeNA '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 DeNA's pink sheet 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 DeNA.
| 02/02/2023 |
| 01/22/2025 |
If you would invest 0.00 in DeNA on February 2, 2023 and sell it all today you would earn a total of 0.00 from holding DeNA Co or generate 0.0% return on investment in DeNA over 720 days. DeNA is related to or competes with Square Enix, Sega Sammy, Capcom Co, Capcom Co, Square Enix, CD Projekt, and Take Two. DeNA Co., Ltd. develops and operates mobile and online services worldwide More
DeNA 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 DeNA's pink sheet 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 DeNA Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 9.86 | |||
| Information Ratio | 0.0846 | |||
| Maximum Drawdown | 53.92 | |||
| Value At Risk | (4.30) | |||
| Potential Upside | 2.64 |
DeNA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for DeNA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as DeNA's standard deviation. In reality, there are many statistical measures that can use DeNA historical prices to predict the future DeNA's volatility.| Risk Adjusted Performance | 0.0847 | |||
| Jensen Alpha | 0.6353 | |||
| Total Risk Alpha | 0.3902 | |||
| Sortino Ratio | 0.0586 | |||
| Treynor Ratio | (0.52) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of DeNA'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.
DeNA Backtested Returns
DeNA appears to be slightly risky, given 3 months investment horizon. DeNA secures Sharpe Ratio (or Efficiency) of 0.0951, which denotes the company had a 0.0951 % return per unit of risk over the last 3 months. By inspecting DeNA's technical indicators, you can evaluate if the expected return of 0.69% is justified by implied risk. Please utilize DeNA's Mean Deviation of 2.48, semi deviation of 2.76, and Downside Deviation of 9.86 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, DeNA holds a performance score of 7. The firm shows a Beta (market volatility) of -1.16, which means a somewhat significant risk relative to the market. As returns on the market increase, returns on owning DeNA are expected to decrease by larger amounts. On the other hand, during market turmoil, DeNA is expected to outperform it. Please check DeNA's total risk alpha, downside variance, day median price, as well as the relationship between the maximum drawdown and skewness , to make a quick decision on whether DeNA's price patterns will revert.
Auto-correlation | -0.81 |
Excellent reverse predictability
DeNA Co has excellent reverse predictability. Overlapping area represents the amount of predictability between DeNA time series from 2nd of February 2023 to 28th of January 2024 and 28th of January 2024 to 22nd of January 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 DeNA price movement. The serial correlation of -0.81 indicates that around 81.0% of current DeNA price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.81 | |
| Spearman Rank Test | 0.34 | |
| Residual Average | 0.0 | |
| Price Variance | 0.87 |
DeNA lagged returns against current returns
Autocorrelation, which is DeNA pink sheet'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 DeNA's pink sheet expected returns. We can calculate the autocorrelation of DeNA returns to help us make a trade decision. For example, suppose you find that DeNA has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
DeNA 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 DeNA pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if DeNA pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in DeNA pink sheet over time.
Current vs Lagged Prices |
| Timeline |
DeNA Lagged Returns
When evaluating DeNA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of DeNA pink sheet have on its future price. DeNA 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, DeNA autocorrelation shows the relationship between DeNA pink sheet current value and its past values and can show if there is a momentum factor associated with investing in DeNA Co.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in DeNA Pink Sheet
DeNA financial ratios help investors to determine whether DeNA Pink Sheet 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 DeNA with respect to the benefits of owning DeNA security.