DATATEC (Germany) Market Value
| DTT0 Stock | 4.74 0.02 0.42% |
| Symbol | DATATEC |
DATATEC '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 DATATEC'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 DATATEC.
| 11/12/2024 |
| 03/12/2025 |
If you would invest 0.00 in DATATEC on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding DATATEC LTD 2 or generate 0.0% return on investment in DATATEC over 120 days. DATATEC is related to or competes with NAKED WINES, COMMERCIAL VEHICLE, Cars, ELMOS SEMICONDUCTOR, Geely Automobile, Magnachip Semiconductor, and NXP Semiconductors. More
DATATEC 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 DATATEC'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 DATATEC LTD 2 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.8 | |||
| Information Ratio | 0.1386 | |||
| Maximum Drawdown | 11.89 | |||
| Value At Risk | (3.21) | |||
| Potential Upside | 3.6 |
DATATEC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for DATATEC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as DATATEC's standard deviation. In reality, there are many statistical measures that can use DATATEC historical prices to predict the future DATATEC's volatility.| Risk Adjusted Performance | 0.0716 | |||
| Jensen Alpha | 0.112 | |||
| Total Risk Alpha | 0.4746 | |||
| Sortino Ratio | 0.1571 | |||
| Treynor Ratio | (0.51) |
DATATEC LTD 2 Backtested Returns
At this point, DATATEC is slightly risky. DATATEC LTD 2 secures Sharpe Ratio (or Efficiency) of 0.0343, which denotes the company had a 0.0343 % return per unit of volatility over the last 3 months. We have found twenty-seven technical indicators for DATATEC LTD 2, which you can use to evaluate the volatility of the entity. Please confirm DATATEC's Market Risk Adjusted Performance of (0.50), downside deviation of 1.8, and Mean Deviation of 1.48 to check if the risk estimate we provide is consistent with the expected return of 0.0705%. DATATEC has a performance score of 2 on a scale of 0 to 100. 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 DATATEC are expected to decrease at a much lower rate. During the bear market, DATATEC is likely to outperform the market. DATATEC LTD 2 now shows a risk of 2.05%. Please confirm DATATEC LTD 2 total risk alpha, treynor ratio, value at risk, as well as the relationship between the sortino ratio and maximum drawdown , to decide if DATATEC LTD 2 will be following its price patterns.
Auto-correlation | 0.34 |
Below average predictability
DATATEC LTD 2 has below average predictability. Overlapping area represents the amount of predictability between DATATEC time series from 12th of November 2024 to 11th of January 2025 and 11th of January 2025 to 12th 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 DATATEC LTD 2 price movement. The serial correlation of 0.34 indicates that nearly 34.0% of current DATATEC price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.34 | |
| Spearman Rank Test | 0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
DATATEC LTD 2 lagged returns against current returns
Autocorrelation, which is DATATEC 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 DATATEC's stock expected returns. We can calculate the autocorrelation of DATATEC returns to help us make a trade decision. For example, suppose you find that DATATEC 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 |
DATATEC 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 DATATEC stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if DATATEC stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in DATATEC stock over time.
Current vs Lagged Prices |
| Timeline |
DATATEC Lagged Returns
When evaluating DATATEC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of DATATEC stock have on its future price. DATATEC 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, DATATEC autocorrelation shows the relationship between DATATEC stock current value and its past values and can show if there is a momentum factor associated with investing in DATATEC LTD 2.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in DATATEC Stock
DATATEC financial ratios help investors to determine whether DATATEC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in DATATEC with respect to the benefits of owning DATATEC security.