Drr Aktiengesellschaft Stock Market Value
| DUERF Stock | USD 24.12 1.82 8.16% |
| Symbol | Dürr |
Dürr Aktiengesellscha '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 Dürr Aktiengesellscha's pink sheet 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 Dürr Aktiengesellscha.
| 01/16/2023 |
| 12/06/2024 |
If you would invest 0.00 in Dürr Aktiengesellscha on January 16, 2023 and sell it all today you would earn a total of 0.00 from holding Drr Aktiengesellschaft or generate 0.0% return on investment in Dürr Aktiengesellscha over 690 days. Dürr Aktiengesellscha is related to or competes with Fanuc, Schneider Electric, and Vestas Wind. Drr Aktiengesellschaft, together with its subsidiaries, operates as a mechanical and plant engineering company worldwide More
Dürr Aktiengesellscha 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 Dürr Aktiengesellscha's pink sheet 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 Drr Aktiengesellschaft upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0532 | |||
| Maximum Drawdown | 12.34 |
Dürr Aktiengesellscha Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dürr Aktiengesellscha's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dürr Aktiengesellscha's standard deviation. In reality, there are many statistical measures that can use Dürr Aktiengesellscha historical prices to predict the future Dürr Aktiengesellscha's volatility.| Risk Adjusted Performance | 0.0989 | |||
| Jensen Alpha | 0.2427 | |||
| Total Risk Alpha | (0.1) | |||
| Treynor Ratio | (2.06) |
Drr Aktiengesellschaft Backtested Returns
Dürr Aktiengesellscha appears to be very steady, given 3 months investment horizon. Drr Aktiengesellschaft secures Sharpe Ratio (or Efficiency) of 0.17, which denotes the company had a 0.17% return per unit of risk over the last 3 months. We have found nineteen technical indicators for Drr Aktiengesellschaft, which you can use to evaluate the volatility of the firm. Please utilize Dürr Aktiengesellscha's Standard Deviation of 1.91, mean deviation of 0.6069, and Variance of 3.66 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Dürr Aktiengesellscha holds a performance score of 13. The firm shows a Beta (market volatility) of -0.11, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Dürr Aktiengesellscha are expected to decrease at a much lower rate. During the bear market, Dürr Aktiengesellscha is likely to outperform the market. Please check Dürr Aktiengesellscha's information ratio, kurtosis, as well as the relationship between the Kurtosis and day typical price , to make a quick decision on whether Dürr Aktiengesellscha's price patterns will revert.
Auto-correlation | 0.60 |
Good predictability
Drr Aktiengesellschaft has good predictability. Overlapping area represents the amount of predictability between Dürr Aktiengesellscha time series from 16th of January 2023 to 27th of December 2023 and 27th of December 2023 to 6th 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 Drr Aktiengesellschaft price movement. The serial correlation of 0.6 indicates that roughly 60.0% of current Dürr Aktiengesellscha price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.6 | |
| Spearman Rank Test | 0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 2.97 |
Drr Aktiengesellschaft lagged returns against current returns
Autocorrelation, which is Dürr Aktiengesellscha pink sheet'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 Dürr Aktiengesellscha's pink sheet expected returns. We can calculate the autocorrelation of Dürr Aktiengesellscha returns to help us make a trade decision. For example, suppose you find that Dürr Aktiengesellscha has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Dürr Aktiengesellscha 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 Dürr Aktiengesellscha pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dürr Aktiengesellscha pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dürr Aktiengesellscha pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Dürr Aktiengesellscha Lagged Returns
When evaluating Dürr Aktiengesellscha's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dürr Aktiengesellscha pink sheet have on its future price. Dürr Aktiengesellscha 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, Dürr Aktiengesellscha autocorrelation shows the relationship between Dürr Aktiengesellscha pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Drr Aktiengesellschaft.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Dürr Pink Sheet
Dürr Aktiengesellscha financial ratios help investors to determine whether Dürr Pink Sheet 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 Dürr with respect to the benefits of owning Dürr Aktiengesellscha security.