DELHAIZE GROUP SA Market Value
| 24668PAE7 | 100.56 0.00 0.00% |
| Symbol | DELHAIZE |
DELHAIZE '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 DELHAIZE's bond 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 DELHAIZE.
| 11/04/2024 |
| 12/04/2024 |
If you would invest 0.00 in DELHAIZE on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding DELHAIZE GROUP SA or generate 0.0% return on investment in DELHAIZE over 30 days. DELHAIZE is related to or competes with Travelers Companies, GE Aerospace, Walmart, Pfizer, HP, 3M, and Merck. More
DELHAIZE 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 DELHAIZE's bond 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 DELHAIZE GROUP SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.93 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 11.69 | |||
| Value At Risk | (2.17) | |||
| Potential Upside | 2.77 |
DELHAIZE Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for DELHAIZE's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as DELHAIZE's standard deviation. In reality, there are many statistical measures that can use DELHAIZE historical prices to predict the future DELHAIZE's volatility.| Risk Adjusted Performance | 0.0132 | |||
| Jensen Alpha | 0.0391 | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | (0.02) |
DELHAIZE GROUP SA Backtested Returns
DELHAIZE GROUP SA secures Sharpe Ratio (or Efficiency) of -0.0951, which denotes the bond had a -0.0951% return per unit of risk over the last 3 months. DELHAIZE GROUP SA exposes twenty-five different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm DELHAIZE's Semi Deviation of 1.86, mean deviation of 1.19, and Downside Deviation of 1.93 to check the risk estimate we provide. The bond shows a Beta (market volatility) of -0.31, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning DELHAIZE are expected to decrease at a much lower rate. During the bear market, DELHAIZE is likely to outperform the market.
Auto-correlation | 0.44 |
Average predictability
DELHAIZE GROUP SA has average predictability. Overlapping area represents the amount of predictability between DELHAIZE time series from 4th of November 2024 to 19th of November 2024 and 19th of November 2024 to 4th 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 DELHAIZE GROUP SA price movement. The serial correlation of 0.44 indicates that just about 44.0% of current DELHAIZE price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.44 | |
| Spearman Rank Test | 0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 0.51 |
DELHAIZE GROUP SA lagged returns against current returns
Autocorrelation, which is DELHAIZE bond'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 DELHAIZE's bond expected returns. We can calculate the autocorrelation of DELHAIZE returns to help us make a trade decision. For example, suppose you find that DELHAIZE has exhibited high autocorrelation historically, and you observe that the bond 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 |
DELHAIZE 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 DELHAIZE bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if DELHAIZE bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in DELHAIZE bond over time.
Current vs Lagged Prices |
| Timeline |
DELHAIZE Lagged Returns
When evaluating DELHAIZE's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of DELHAIZE bond have on its future price. DELHAIZE 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, DELHAIZE autocorrelation shows the relationship between DELHAIZE bond current value and its past values and can show if there is a momentum factor associated with investing in DELHAIZE GROUP 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 DELHAIZE Bond
DELHAIZE financial ratios help investors to determine whether DELHAIZE Bond 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 DELHAIZE with respect to the benefits of owning DELHAIZE security.