Deoleo SA (Spain) Market Value
| OLE Stock | EUR 0.20 0.01 5.26% |
| Symbol | Deoleo |
Deoleo SA '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 Deoleo SA'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 Deoleo SA.
| 02/05/2023 |
| 01/25/2025 |
If you would invest 0.00 in Deoleo SA on February 5, 2023 and sell it all today you would earn a total of 0.00 from holding Deoleo SA or generate 0.0% return on investment in Deoleo SA over 720 days. Deoleo SA is related to or competes with Duro Felguera, Amper SA, and Berkeley Energia. Deoleo, S.A. engages in the production, transformation, and sale of vegetable oils, and other food and agricultural prod... More
Deoleo SA 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 Deoleo SA'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 Deoleo SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 10.26 | |||
| Value At Risk | (4.76) | |||
| Potential Upside | 5.0 |
Deoleo SA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Deoleo SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Deoleo SA's standard deviation. In reality, there are many statistical measures that can use Deoleo SA historical prices to predict the future Deoleo SA's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | (0.33) | |||
| Treynor Ratio | (0.34) |
Deoleo SA Backtested Returns
Deoleo SA secures Sharpe Ratio (or Efficiency) of -0.1, which denotes the company had a -0.1 % return per unit of risk over the last 3 months. Deoleo SA exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Deoleo SA's Mean Deviation of 1.49, variance of 6.61, and Standard Deviation of 2.57 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.55, which means possible diversification benefits within a given portfolio. As returns on the market increase, Deoleo SA's returns are expected to increase less than the market. However, during the bear market, the loss of holding Deoleo SA is expected to be smaller as well. At this point, Deoleo SA has a negative expected return of -0.26%. Please make sure to confirm Deoleo SA's accumulation distribution, day typical price, and the relationship between the skewness and rate of daily change , to decide if Deoleo SA performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.26 |
Poor predictability
Deoleo SA has poor predictability. Overlapping area represents the amount of predictability between Deoleo SA time series from 5th of February 2023 to 31st of January 2024 and 31st of January 2024 to 25th 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 Deoleo SA price movement. The serial correlation of 0.26 indicates that nearly 26.0% of current Deoleo SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.26 | |
| Spearman Rank Test | 0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Deoleo SA lagged returns against current returns
Autocorrelation, which is Deoleo SA 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 Deoleo SA's stock expected returns. We can calculate the autocorrelation of Deoleo SA returns to help us make a trade decision. For example, suppose you find that Deoleo SA 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 |
Deoleo SA 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 Deoleo SA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Deoleo SA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Deoleo SA stock over time.
Current vs Lagged Prices |
| Timeline |
Deoleo SA Lagged Returns
When evaluating Deoleo SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Deoleo SA stock have on its future price. Deoleo SA 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, Deoleo SA autocorrelation shows the relationship between Deoleo SA stock current value and its past values and can show if there is a momentum factor associated with investing in Deoleo SA.
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.Other Information on Investing in Deoleo Stock
Deoleo SA financial ratios help investors to determine whether Deoleo 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 Deoleo with respect to the benefits of owning Deoleo SA security.