Duell Oyj's market value is the price at which a share of Duell Oyj trades on a public exchange. It measures the collective expectations of Duell Oyj investors about its performance. Duell Oyj is trading at 7.17 as of the 20th of December 2024. This is a 2.32 percent decrease since the beginning of the trading day. The stock's open price was 7.34. With this module, you can estimate the performance of a buy and hold strategy of Duell Oyj and determine expected loss or profit from investing in Duell Oyj over a given investment horizon. Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Symbol
Duell
Duell Oyj '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 Duell Oyj'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 Duell Oyj.
0.00
10/21/2024
No Change 0.00
0.0
In 2 months and 1 day
12/20/2024
0.00
If you would invest 0.00 in Duell Oyj on October 21, 2024 and sell it all today you would earn a total of 0.00 from holding Duell Oyj or generate 0.0% return on investment in Duell Oyj over 60 days.
Duell Oyj 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 Duell Oyj'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 Duell Oyj upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Duell Oyj's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Duell Oyj's standard deviation. In reality, there are many statistical measures that can use Duell Oyj historical prices to predict the future Duell Oyj's volatility.
Duell Oyj is somewhat reliable at the moment. Duell Oyj secures Sharpe Ratio (or Efficiency) of 0.0274, which denotes the company had a 0.0274% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Duell Oyj, which you can use to evaluate the volatility of the firm. Please confirm Duell Oyj's Downside Deviation of 2.57, mean deviation of 1.82, and Semi Deviation of 2.15 to check if the risk estimate we provide is consistent with the expected return of 0.0703%. Duell Oyj has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.13, which means not very significant fluctuations relative to the market. As returns on the market increase, Duell Oyj's returns are expected to increase less than the market. However, during the bear market, the loss of holding Duell Oyj is expected to be smaller as well. Duell Oyj right now shows a risk of 2.56%. Please confirm Duell Oyj standard deviation, expected short fall, period momentum indicator, as well as the relationship between the maximum drawdown and rate of daily change , to decide if Duell Oyj will be following its price patterns.
Auto-correlation
0.27
Poor predictability
Duell Oyj has poor predictability. Overlapping area represents the amount of predictability between Duell Oyj time series from 21st of October 2024 to 20th of November 2024 and 20th of November 2024 to 20th 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 Duell Oyj price movement. The serial correlation of 0.27 indicates that nearly 27.0% of current Duell Oyj price fluctuation can be explain by its past prices.
Correlation Coefficient
0.27
Spearman Rank Test
0.12
Residual Average
0.0
Price Variance
0.04
Duell Oyj lagged returns against current returns
Autocorrelation, which is Duell Oyj 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 Duell Oyj's stock expected returns. We can calculate the autocorrelation of Duell Oyj returns to help us make a trade decision. For example, suppose you find that Duell Oyj 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
Duell Oyj 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 Duell Oyj stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Duell Oyj stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Duell Oyj stock over time.
Current vs Lagged Prices
Timeline
Duell Oyj Lagged Returns
When evaluating Duell Oyj's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Duell Oyj stock have on its future price. Duell Oyj 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, Duell Oyj autocorrelation shows the relationship between Duell Oyj stock current value and its past values and can show if there is a momentum factor associated with investing in Duell Oyj.
Regressed Prices
Timeline
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