Desenio Group (Sweden) Market Value
| DSNO Stock | SEK 0.32 0.02 6.67% |
| Symbol | Desenio |
Desenio Group '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 Desenio Group'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 Desenio Group.
| 12/07/2023 |
| 12/01/2024 |
If you would invest 0.00 in Desenio Group on December 7, 2023 and sell it all today you would earn a total of 0.00 from holding Desenio Group AB or generate 0.0% return on investment in Desenio Group over 360 days. Desenio Group is related to or competes with Karnov Group, Nordic Waterproofing, and Lime Technologies. Desenio Group AB , an online-based direct-to-consumer company, provides affordable wall art in Europe More
Desenio Group 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 Desenio Group'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 Desenio Group AB upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 8.51 | |||
| Information Ratio | 0.0954 | |||
| Maximum Drawdown | 100.93 | |||
| Value At Risk | (13.33) | |||
| Potential Upside | 22.22 |
Desenio Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Desenio Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Desenio Group's standard deviation. In reality, there are many statistical measures that can use Desenio Group historical prices to predict the future Desenio Group's volatility.| Risk Adjusted Performance | 0.0894 | |||
| Jensen Alpha | 0.6746 | |||
| Total Risk Alpha | (0.95) | |||
| Sortino Ratio | 0.1684 | |||
| Treynor Ratio | 0.2248 |
Desenio Group AB Backtested Returns
Desenio Group is out of control given 3 months investment horizon. Desenio Group AB secures Sharpe Ratio (or Efficiency) of 0.0996, which denotes the company had a 0.0996% return per unit of risk over the last 3 months. We were able to interpolate and analyze data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.49% are justified by taking the suggested risk. Use Desenio Group Downside Deviation of 8.51, coefficient of variation of 956.29, and Mean Deviation of 8.39 to evaluate company specific risk that cannot be diversified away. Desenio Group holds a performance score of 7 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 6.94, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Desenio Group will likely underperform. Use Desenio Group total risk alpha, treynor ratio, value at risk, as well as the relationship between the sortino ratio and maximum drawdown , to analyze future returns on Desenio Group.
Auto-correlation | -0.01 |
Very weak reverse predictability
Desenio Group AB has very weak reverse predictability. Overlapping area represents the amount of predictability between Desenio Group time series from 7th of December 2023 to 4th of June 2024 and 4th of June 2024 to 1st 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 Desenio Group AB price movement. The serial correlation of -0.01 indicates that just 1.0% of current Desenio Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.01 | |
| Spearman Rank Test | -0.44 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Desenio Group AB lagged returns against current returns
Autocorrelation, which is Desenio Group 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 Desenio Group's stock expected returns. We can calculate the autocorrelation of Desenio Group returns to help us make a trade decision. For example, suppose you find that Desenio Group 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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Desenio Group 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 Desenio Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Desenio Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Desenio Group stock over time.
Current vs Lagged Prices |
| Timeline |
Desenio Group Lagged Returns
When evaluating Desenio Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Desenio Group stock have on its future price. Desenio Group 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, Desenio Group autocorrelation shows the relationship between Desenio Group stock current value and its past values and can show if there is a momentum factor associated with investing in Desenio Group AB.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Desenio Stock Analysis
When running Desenio Group's price analysis, check to measure Desenio Group'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 Desenio Group is operating at the current time. Most of Desenio Group's value examination focuses on studying past and present price action to predict the probability of Desenio Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Desenio Group's price. Additionally, you may evaluate how the addition of Desenio Group to your portfolios can decrease your overall portfolio volatility.