Diana Shipping Stock Market Value
| DSX Stock | USD 1.74 0.07 3.87% |
| Symbol | Diana |
Diana Shipping Price To Book Ratio
Is Marine Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Diana Shipping. If investors know Diana will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Diana Shipping listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.97) | Earnings Share 0.05 | Revenue Per Share 2.196 | Quarterly Revenue Growth (0.17) | Return On Assets 0.0315 |
The market value of Diana Shipping is measured differently than its book value, which is the value of Diana that is recorded on the company's balance sheet. Investors also form their own opinion of Diana Shipping's value that differs from its market value or its book value, called intrinsic value, which is Diana Shipping's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Diana Shipping's market value can be influenced by many factors that don't directly affect Diana Shipping's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Diana Shipping's value and its price as these two are different measures arrived at by different means. Investors typically determine if Diana Shipping is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Diana Shipping's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Diana Shipping '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 Diana Shipping'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 Diana Shipping.
| 06/01/2024 |
| 11/28/2024 |
If you would invest 0.00 in Diana Shipping on June 1, 2024 and sell it all today you would earn a total of 0.00 from holding Diana Shipping or generate 0.0% return on investment in Diana Shipping over 180 days. Diana Shipping is related to or competes with Star Bulk, Golden Ocean, Global Ship, Genco Shipping, Danaos, Globus Maritime, and TOP Ships. Diana Shipping Inc. provides shipping transportation services More
Diana Shipping 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 Diana Shipping'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 Diana Shipping upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.23) | |||
| Maximum Drawdown | 17.12 | |||
| Value At Risk | (3.91) | |||
| Potential Upside | 3.14 |
Diana Shipping Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Diana Shipping's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Diana Shipping's standard deviation. In reality, there are many statistical measures that can use Diana Shipping historical prices to predict the future Diana Shipping's volatility.| Risk Adjusted Performance | (0.14) | |||
| Jensen Alpha | (0.50) | |||
| Total Risk Alpha | (0.89) | |||
| Treynor Ratio | (7.59) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Diana Shipping'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.
Diana Shipping Backtested Returns
Diana Shipping secures Sharpe Ratio (or Efficiency) of -0.2, which denotes the company had a -0.2% return per unit of standard deviation over the last 3 months. Diana Shipping exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Diana Shipping's Coefficient Of Variation of (539.27), mean deviation of 1.89, and Standard Deviation of 2.61 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.065, which means not very significant fluctuations relative to the market. As returns on the market increase, Diana Shipping's returns are expected to increase less than the market. However, during the bear market, the loss of holding Diana Shipping is expected to be smaller as well. At this point, Diana Shipping has a negative expected return of -0.53%. Please make sure to confirm Diana Shipping's total risk alpha, as well as the relationship between the kurtosis and market facilitation index , to decide if Diana Shipping performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.72 |
Good predictability
Diana Shipping has good predictability. Overlapping area represents the amount of predictability between Diana Shipping time series from 1st of June 2024 to 30th of August 2024 and 30th of August 2024 to 28th of November 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 Diana Shipping price movement. The serial correlation of 0.72 indicates that around 72.0% of current Diana Shipping price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.72 | |
| Spearman Rank Test | 0.65 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Diana Shipping lagged returns against current returns
Autocorrelation, which is Diana Shipping 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 Diana Shipping's stock expected returns. We can calculate the autocorrelation of Diana Shipping returns to help us make a trade decision. For example, suppose you find that Diana Shipping 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 |
Diana Shipping 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 Diana Shipping stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Diana Shipping stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Diana Shipping stock over time.
Current vs Lagged Prices |
| Timeline |
Diana Shipping Lagged Returns
When evaluating Diana Shipping's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Diana Shipping stock have on its future price. Diana Shipping 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, Diana Shipping autocorrelation shows the relationship between Diana Shipping stock current value and its past values and can show if there is a momentum factor associated with investing in Diana Shipping.
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 Diana Stock Analysis
When running Diana Shipping's price analysis, check to measure Diana Shipping'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 Diana Shipping is operating at the current time. Most of Diana Shipping's value examination focuses on studying past and present price action to predict the probability of Diana Shipping's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Diana Shipping's price. Additionally, you may evaluate how the addition of Diana Shipping to your portfolios can decrease your overall portfolio volatility.