Daimler Truck (Germany) Market Value
| DTG Stock | 39.87 3.74 10.35% |
| Symbol | Daimler |
Daimler Truck '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 Daimler Truck'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 Daimler Truck.
| 12/08/2024 |
| 01/07/2025 |
If you would invest 0.00 in Daimler Truck on December 8, 2024 and sell it all today you would earn a total of 0.00 from holding Daimler Truck Holding or generate 0.0% return on investment in Daimler Truck over 30 days. Daimler Truck is related to or competes with KIMBALL ELECTRONICS, ELECTRONIC ARTS, AECOM TECHNOLOGY, AM EAGLE, Delta Electronics, Sunny Optical, and Renesas Electronics. More
Daimler Truck 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 Daimler Truck'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 Daimler Truck Holding upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.81 | |||
| Information Ratio | 0.05 | |||
| Maximum Drawdown | 11.97 | |||
| Value At Risk | (2.18) | |||
| Potential Upside | 2.51 |
Daimler Truck Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Daimler Truck's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Daimler Truck's standard deviation. In reality, there are many statistical measures that can use Daimler Truck historical prices to predict the future Daimler Truck's volatility.| Risk Adjusted Performance | 0.0585 | |||
| Jensen Alpha | 0.1138 | |||
| Total Risk Alpha | 0.0681 | |||
| Sortino Ratio | 0.05 | |||
| Treynor Ratio | (0.38) |
Daimler Truck Holding Backtested Returns
Daimler Truck appears to be very steady, given 3 months investment horizon. Daimler Truck Holding secures Sharpe Ratio (or Efficiency) of 0.0956, which denotes the company had a 0.0956% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Daimler Truck Holding, which you can use to evaluate the volatility of the firm. Please utilize Daimler Truck's Coefficient Of Variation of 1527.37, mean deviation of 1.2, and Downside Deviation of 1.81 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Daimler Truck holds a performance score of 7. The firm shows a Beta (market volatility) of -0.29, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Daimler Truck are expected to decrease at a much lower rate. During the bear market, Daimler Truck is likely to outperform the market. Please check Daimler Truck's coefficient of variation, sortino ratio, potential upside, as well as the relationship between the jensen alpha and maximum drawdown , to make a quick decision on whether Daimler Truck's price patterns will revert.
Auto-correlation | 0.22 |
Weak predictability
Daimler Truck Holding has weak predictability. Overlapping area represents the amount of predictability between Daimler Truck time series from 8th of December 2024 to 23rd of December 2024 and 23rd of December 2024 to 7th 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 Daimler Truck Holding price movement. The serial correlation of 0.22 indicates that over 22.0% of current Daimler Truck price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.22 | |
| Spearman Rank Test | -0.39 | |
| Residual Average | 0.0 | |
| Price Variance | 1.57 |
Daimler Truck Holding lagged returns against current returns
Autocorrelation, which is Daimler Truck 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 Daimler Truck's stock expected returns. We can calculate the autocorrelation of Daimler Truck returns to help us make a trade decision. For example, suppose you find that Daimler Truck 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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Daimler Truck 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 Daimler Truck stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Daimler Truck stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Daimler Truck stock over time.
Current vs Lagged Prices |
| Timeline |
Daimler Truck Lagged Returns
When evaluating Daimler Truck's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Daimler Truck stock have on its future price. Daimler Truck 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, Daimler Truck autocorrelation shows the relationship between Daimler Truck stock current value and its past values and can show if there is a momentum factor associated with investing in Daimler Truck Holding.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Daimler Stock Analysis
When running Daimler Truck's price analysis, check to measure Daimler Truck'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 Daimler Truck is operating at the current time. Most of Daimler Truck's value examination focuses on studying past and present price action to predict the probability of Daimler Truck's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Daimler Truck's price. Additionally, you may evaluate how the addition of Daimler Truck to your portfolios can decrease your overall portfolio volatility.