DENSO Dusseldorf (Germany) Market Value
| DNO Stock | EUR 12.76 0.13 1.01% |
| Symbol | DENSO |
DENSO Dusseldorf '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 DENSO Dusseldorf'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 DENSO Dusseldorf.
| 12/21/2024 |
| 01/20/2025 |
If you would invest 0.00 in DENSO Dusseldorf on December 21, 2024 and sell it all today you would earn a total of 0.00 from holding DENSO Dusseldorf or generate 0.0% return on investment in DENSO Dusseldorf over 30 days. DENSO Dusseldorf is related to or competes with ANGLO ASIAN, Zijin Mining, ITALIAN WINE, Harmony Gold, Yanzhou Coal, and GEELY AUTOMOBILE. More
DENSO Dusseldorf 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 DENSO Dusseldorf'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 DENSO Dusseldorf upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.97 | |||
| Information Ratio | 0.0124 | |||
| Maximum Drawdown | 9.09 | |||
| Value At Risk | (3.22) | |||
| Potential Upside | 2.94 |
DENSO Dusseldorf Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for DENSO Dusseldorf's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as DENSO Dusseldorf's standard deviation. In reality, there are many statistical measures that can use DENSO Dusseldorf historical prices to predict the future DENSO Dusseldorf's volatility.| Risk Adjusted Performance | 0.0291 | |||
| Jensen Alpha | 0.0412 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | 0.0119 | |||
| Treynor Ratio | 0.4389 |
DENSO Dusseldorf Backtested Returns
Currently, DENSO Dusseldorf is out of control. DENSO Dusseldorf secures Sharpe Ratio (or Efficiency) of 0.0281, which denotes the company had a 0.0281 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for DENSO Dusseldorf, which you can use to evaluate the volatility of the firm. Please confirm DENSO Dusseldorf's Downside Deviation of 1.97, mean deviation of 1.37, and Semi Deviation of 1.78 to check if the risk estimate we provide is consistent with the expected return of 0.0531%. DENSO Dusseldorf has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.0982, which means not very significant fluctuations relative to the market. As returns on the market increase, DENSO Dusseldorf's returns are expected to increase less than the market. However, during the bear market, the loss of holding DENSO Dusseldorf is expected to be smaller as well. DENSO Dusseldorf at this time shows a risk of 1.89%. Please confirm DENSO Dusseldorf standard deviation, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to decide if DENSO Dusseldorf will be following its price patterns.
Auto-correlation | -0.5 |
Modest reverse predictability
DENSO Dusseldorf has modest reverse predictability. Overlapping area represents the amount of predictability between DENSO Dusseldorf time series from 21st of December 2024 to 5th of January 2025 and 5th of January 2025 to 20th 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 DENSO Dusseldorf price movement. The serial correlation of -0.5 indicates that about 50.0% of current DENSO Dusseldorf price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.5 | |
| Spearman Rank Test | 0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
DENSO Dusseldorf lagged returns against current returns
Autocorrelation, which is DENSO Dusseldorf 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 DENSO Dusseldorf's stock expected returns. We can calculate the autocorrelation of DENSO Dusseldorf returns to help us make a trade decision. For example, suppose you find that DENSO Dusseldorf 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 |
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DENSO Dusseldorf 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 DENSO Dusseldorf stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if DENSO Dusseldorf stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in DENSO Dusseldorf stock over time.
Current vs Lagged Prices |
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DENSO Dusseldorf Lagged Returns
When evaluating DENSO Dusseldorf's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of DENSO Dusseldorf stock have on its future price. DENSO Dusseldorf 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, DENSO Dusseldorf autocorrelation shows the relationship between DENSO Dusseldorf stock current value and its past values and can show if there is a momentum factor associated with investing in DENSO Dusseldorf.
Regressed Prices |
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Additional Tools for DENSO Stock Analysis
When running DENSO Dusseldorf's price analysis, check to measure DENSO Dusseldorf'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 DENSO Dusseldorf is operating at the current time. Most of DENSO Dusseldorf's value examination focuses on studying past and present price action to predict the probability of DENSO Dusseldorf's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DENSO Dusseldorf's price. Additionally, you may evaluate how the addition of DENSO Dusseldorf to your portfolios can decrease your overall portfolio volatility.