Deckers Outdoor (Germany) Market Value
| DO2 Stock | EUR 125.00 8.50 6.37% |
| Symbol | Deckers |
Deckers Outdoor '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 Deckers Outdoor'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 Deckers Outdoor.
| 02/03/2025 |
| 03/05/2025 |
If you would invest 0.00 in Deckers Outdoor on February 3, 2025 and sell it all today you would earn a total of 0.00 from holding Deckers Outdoor or generate 0.0% return on investment in Deckers Outdoor over 30 days. Deckers Outdoor is related to or competes with Corporate Office, SQUIRREL MEDIA, ProSiebenSat1 Media, and MAVEN WIRELESS. Deckers Outdoor Corporation, together with its subsidiaries, designs, markets, and distributes footwear, apparel, and ac... More
Deckers Outdoor 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 Deckers Outdoor'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 Deckers Outdoor upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 21.99 | |||
| Value At Risk | (3.66) | |||
| Potential Upside | 3.9 |
Deckers Outdoor Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Deckers Outdoor's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Deckers Outdoor's standard deviation. In reality, there are many statistical measures that can use Deckers Outdoor historical prices to predict the future Deckers Outdoor's volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.43) | |||
| Total Risk Alpha | (0.13) | |||
| Treynor Ratio | (0.95) |
Deckers Outdoor Backtested Returns
Deckers Outdoor secures Sharpe Ratio (or Efficiency) of -0.21, which denotes the company had a -0.21 % return per unit of standard deviation over the last 3 months. Deckers Outdoor exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Deckers Outdoor's Standard Deviation of 2.95, mean deviation of 1.79, and Coefficient Of Variation of (639.37) to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.49, which means possible diversification benefits within a given portfolio. As returns on the market increase, Deckers Outdoor's returns are expected to increase less than the market. However, during the bear market, the loss of holding Deckers Outdoor is expected to be smaller as well. At this point, Deckers Outdoor has a negative expected return of -0.66%. Please make sure to confirm Deckers Outdoor's mean deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Deckers Outdoor performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.82 |
Very good predictability
Deckers Outdoor has very good predictability. Overlapping area represents the amount of predictability between Deckers Outdoor time series from 3rd of February 2025 to 18th of February 2025 and 18th of February 2025 to 5th of March 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 Deckers Outdoor price movement. The serial correlation of 0.82 indicates that around 82.0% of current Deckers Outdoor price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.82 | |
| Spearman Rank Test | 0.79 | |
| Residual Average | 0.0 | |
| Price Variance | 46.84 |
Deckers Outdoor lagged returns against current returns
Autocorrelation, which is Deckers Outdoor 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 Deckers Outdoor's stock expected returns. We can calculate the autocorrelation of Deckers Outdoor returns to help us make a trade decision. For example, suppose you find that Deckers Outdoor 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 |
Deckers Outdoor 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 Deckers Outdoor stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Deckers Outdoor stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Deckers Outdoor stock over time.
Current vs Lagged Prices |
| Timeline |
Deckers Outdoor Lagged Returns
When evaluating Deckers Outdoor's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Deckers Outdoor stock have on its future price. Deckers Outdoor 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, Deckers Outdoor autocorrelation shows the relationship between Deckers Outdoor stock current value and its past values and can show if there is a momentum factor associated with investing in Deckers Outdoor.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Deckers Stock
When determining whether Deckers Outdoor is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Deckers Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Deckers Outdoor Stock. Highlighted below are key reports to facilitate an investment decision about Deckers Outdoor Stock:Check out Deckers Outdoor Correlation, Deckers Outdoor Volatility and Deckers Outdoor Alpha and Beta module to complement your research on Deckers Outdoor. For more detail on how to invest in Deckers Stock please use our How to Invest in Deckers Outdoor guide.You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Deckers Outdoor technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.