Deutsche Wohnen's market value is the price at which a share of Deutsche Wohnen trades on a public exchange. It measures the collective expectations of Deutsche Wohnen SE investors about its performance. Deutsche Wohnen is trading at 22.50 as of the 9th of January 2025, a 0.88 percent decrease since the beginning of the trading day. The stock's lowest day price was 22.15. With this module, you can estimate the performance of a buy and hold strategy of Deutsche Wohnen SE and determine expected loss or profit from investing in Deutsche Wohnen over a given investment horizon. Check out Deutsche Wohnen Correlation, Deutsche Wohnen Volatility and Deutsche Wohnen Alpha and Beta module to complement your research on Deutsche Wohnen.
Please note, there is a significant difference between Deutsche Wohnen's value and its price as these two are different measures arrived at by different means. Investors typically determine if Deutsche Wohnen is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Deutsche Wohnen'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.
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.
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.
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.
Deutsche Wohnen SE secures Sharpe Ratio (or Efficiency) of -0.083, which denotes the company had a -0.083% return per unit of risk over the last 3 months. Deutsche Wohnen SE exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Deutsche Wohnen's Standard Deviation of 1.66, mean deviation of 1.27, and Variance of 2.76 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.25, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Deutsche Wohnen are expected to decrease at a much lower rate. During the bear market, Deutsche Wohnen is likely to outperform the market. At this point, Deutsche Wohnen SE has a negative expected return of -0.14%. Please make sure to confirm Deutsche Wohnen's potential upside, kurtosis, and the relationship between the maximum drawdown and skewness , to decide if Deutsche Wohnen SE performance from the past will be repeated at some point in the near future.
Auto-correlation
-0.86
Excellent reverse predictability
Deutsche Wohnen SE has excellent reverse predictability. Overlapping area represents the amount of predictability between Deutsche Wohnen time series from 16th of November 2023 to 13th of June 2024 and 13th of June 2024 to 9th 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 Deutsche Wohnen SE price movement. The serial correlation of -0.86 indicates that approximately 86.0% of current Deutsche Wohnen price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.86
Spearman Rank Test
-0.69
Residual Average
0.0
Price Variance
7.09
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
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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.