Deutsche Wohnen (Germany) Market Value
| DWNI Stock | EUR 23.30 0.30 1.30% |
| Symbol | Deutsche |
Deutsche Wohnen '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 Deutsche Wohnen'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 Deutsche Wohnen.
| 11/22/2024 |
| 12/22/2024 |
If you would invest 0.00 in Deutsche Wohnen on November 22, 2024 and sell it all today you would earn a total of 0.00 from holding Deutsche Wohnen SE or generate 0.0% return on investment in Deutsche Wohnen over 30 days. Deutsche Wohnen is related to or competes with Sun Hung, China Overseas, CHINA VANKE, Longfor Group, Mitsui Fudosan, Mitsubishi Estate, and Daiwa House. Deutsche Wohnen SE, a residential property company, develops and manages residential properties in Germany and Europe More
Deutsche Wohnen 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 Deutsche Wohnen'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 Deutsche Wohnen SE upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 10.72 | |||
| Value At Risk | (2.76) | |||
| Potential Upside | 2.29 |
Deutsche Wohnen Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Deutsche Wohnen's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Deutsche Wohnen's standard deviation. In reality, there are many statistical measures that can use Deutsche Wohnen historical prices to predict the future Deutsche Wohnen's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.23) | |||
| Treynor Ratio | (0.65) |
Deutsche Wohnen SE Backtested Returns
Deutsche Wohnen SE secures Sharpe Ratio (or Efficiency) of -0.0706, which denotes the company had a -0.0706% return per unit of risk over the last 3 months. Deutsche Wohnen SE exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Deutsche Wohnen's Variance of 2.84, mean deviation of 1.21, and Standard Deviation of 1.69 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.28, which means not very significant fluctuations relative to the market. As returns on the market increase, Deutsche Wohnen's returns are expected to increase less than the market. However, during the bear market, the loss of holding Deutsche Wohnen is expected to be smaller as well. At this point, Deutsche Wohnen SE has a negative expected return of -0.11%. Please make sure to confirm Deutsche Wohnen's maximum drawdown, potential upside, kurtosis, as well as the relationship between the value at risk and skewness , to decide if Deutsche Wohnen SE performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.31 |
Poor reverse predictability
Deutsche Wohnen SE has poor reverse predictability. Overlapping area represents the amount of predictability between Deutsche Wohnen time series from 22nd of November 2024 to 7th of December 2024 and 7th of December 2024 to 22nd 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 Deutsche Wohnen SE price movement. The serial correlation of -0.31 indicates that nearly 31.0% of current Deutsche Wohnen price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.31 | |
| Spearman Rank Test | -0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 0.41 |
Deutsche Wohnen SE lagged returns against current returns
Autocorrelation, which is Deutsche Wohnen 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 Deutsche Wohnen's stock expected returns. We can calculate the autocorrelation of Deutsche Wohnen returns to help us make a trade decision. For example, suppose you find that Deutsche Wohnen 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 |
Deutsche Wohnen 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 Deutsche Wohnen stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Deutsche Wohnen stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Deutsche Wohnen stock over time.
Current vs Lagged Prices |
| Timeline |
Deutsche Wohnen Lagged Returns
When evaluating Deutsche Wohnen's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Deutsche Wohnen stock have on its future price. Deutsche Wohnen 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, Deutsche Wohnen autocorrelation shows the relationship between Deutsche Wohnen stock current value and its past values and can show if there is a momentum factor associated with investing in Deutsche Wohnen SE.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Deutsche Stock
Deutsche Wohnen financial ratios help investors to determine whether Deutsche 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 Deutsche with respect to the benefits of owning Deutsche Wohnen security.