DELCATH SYS (Germany) Market Value
| DV3R Stock | EUR 11.80 0.20 1.67% |
| Symbol | DELCATH |
Please note, there is a significant difference between DELCATH SYS's value and its price as these two are different measures arrived at by different means. Investors typically determine if DELCATH SYS is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DELCATH SYS'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.
DELCATH SYS '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 DELCATH SYS'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 DELCATH SYS.
| 12/09/2024 |
| 01/08/2025 |
If you would invest 0.00 in DELCATH SYS on December 9, 2024 and sell it all today you would earn a total of 0.00 from holding DELCATH SYS NEW or generate 0.0% return on investment in DELCATH SYS over 30 days. DELCATH SYS is related to or competes with AGF Management, Air Lease, Coor Service, Sims Metal, Canadian Utilities, Platinum Investment, and Sixt Leasing. More
DELCATH SYS 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 DELCATH SYS'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 DELCATH SYS NEW upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.54 | |||
| Information Ratio | 0.1594 | |||
| Maximum Drawdown | 23.71 | |||
| Value At Risk | (5.36) | |||
| Potential Upside | 8.57 |
DELCATH SYS Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for DELCATH SYS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as DELCATH SYS's standard deviation. In reality, there are many statistical measures that can use DELCATH SYS historical prices to predict the future DELCATH SYS's volatility.| Risk Adjusted Performance | 0.1382 | |||
| Jensen Alpha | 0.7117 | |||
| Total Risk Alpha | 0.7147 | |||
| Sortino Ratio | 0.2013 | |||
| Treynor Ratio | 3.71 |
DELCATH SYS NEW Backtested Returns
DELCATH SYS appears to be slightly risky, given 3 months investment horizon. DELCATH SYS NEW secures Sharpe Ratio (or Efficiency) of 0.18, which denotes the company had a 0.18% return per unit of risk over the last 3 months. By analyzing DELCATH SYS's technical indicators, you can evaluate if the expected return of 0.84% is justified by implied risk. Please utilize DELCATH SYS's Downside Deviation of 3.54, semi deviation of 3.12, and Mean Deviation of 3.37 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, DELCATH SYS holds a performance score of 14. The firm shows a Beta (market volatility) of 0.19, which means not very significant fluctuations relative to the market. As returns on the market increase, DELCATH SYS's returns are expected to increase less than the market. However, during the bear market, the loss of holding DELCATH SYS is expected to be smaller as well. Please check DELCATH SYS's jensen alpha, sortino ratio, and the relationship between the standard deviation and total risk alpha , to make a quick decision on whether DELCATH SYS's price patterns will revert.
Auto-correlation | 0.82 |
Very good predictability
DELCATH SYS NEW has very good predictability. Overlapping area represents the amount of predictability between DELCATH SYS time series from 9th of December 2024 to 24th of December 2024 and 24th of December 2024 to 8th 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 DELCATH SYS NEW price movement. The serial correlation of 0.82 indicates that around 82.0% of current DELCATH SYS price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.82 | |
| Spearman Rank Test | 0.75 | |
| Residual Average | 0.0 | |
| Price Variance | 0.13 |
DELCATH SYS NEW lagged returns against current returns
Autocorrelation, which is DELCATH SYS 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 DELCATH SYS's stock expected returns. We can calculate the autocorrelation of DELCATH SYS returns to help us make a trade decision. For example, suppose you find that DELCATH SYS 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 |
DELCATH SYS 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 DELCATH SYS stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if DELCATH SYS stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in DELCATH SYS stock over time.
Current vs Lagged Prices |
| Timeline |
DELCATH SYS Lagged Returns
When evaluating DELCATH SYS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of DELCATH SYS stock have on its future price. DELCATH SYS 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, DELCATH SYS autocorrelation shows the relationship between DELCATH SYS stock current value and its past values and can show if there is a momentum factor associated with investing in DELCATH SYS NEW.
Regressed Prices |
| Timeline |
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Other Information on Investing in DELCATH Stock
DELCATH SYS financial ratios help investors to determine whether DELCATH 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 DELCATH with respect to the benefits of owning DELCATH SYS security.