Demant As Adr Stock Market Value
| WILYY Stock | USD 18.02 0.02 0.11% |
| Symbol | Demant |
Demant A/S '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 Demant A/S's pink sheet 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 Demant A/S.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Demant A/S on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Demant AS ADR or generate 0.0% return on investment in Demant A/S over 90 days. Demant A/S is related to or competes with CochLear, GN Store, Siemens Healthineers, Sonova Holding, CONMED, Tivic Health, and Bluejay Diagnostics. Demant AS, a hearing healthcare and audio technology company, develops, manufactures, and sells products and equipment t... More
Demant A/S 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 Demant A/S's pink sheet 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 Demant AS ADR upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 9.0E-4 | |||
| Maximum Drawdown | 11.37 | |||
| Value At Risk | (3.01) | |||
| Potential Upside | 2.06 |
Demant A/S Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Demant A/S's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Demant A/S's standard deviation. In reality, there are many statistical measures that can use Demant A/S historical prices to predict the future Demant A/S's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | 0.0841 | |||
| Treynor Ratio | 0.6424 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Demant A/S's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Demant AS ADR Backtested Returns
Demant AS ADR secures Sharpe Ratio (or Efficiency) of -0.0347, which denotes the company had a -0.0347 % return per unit of risk over the last 3 months. Demant AS ADR exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Demant A/S's Mean Deviation of 0.6926, standard deviation of 1.53, and Variance of 2.35 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.17, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Demant A/S are expected to decrease at a much lower rate. During the bear market, Demant A/S is likely to outperform the market. At this point, Demant AS ADR has a negative expected return of -0.054%. Please make sure to confirm Demant A/S's potential upside, as well as the relationship between the daily balance of power and day typical price , to decide if Demant AS ADR performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.4 |
Poor reverse predictability
Demant AS ADR has poor reverse predictability. Overlapping area represents the amount of predictability between Demant A/S time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th of March 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 Demant AS ADR price movement. The serial correlation of -0.4 indicates that just about 40.0% of current Demant A/S price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.4 | |
| Spearman Rank Test | -0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 0.46 |
Demant AS ADR lagged returns against current returns
Autocorrelation, which is Demant A/S pink sheet'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 Demant A/S's pink sheet expected returns. We can calculate the autocorrelation of Demant A/S returns to help us make a trade decision. For example, suppose you find that Demant A/S has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Demant A/S 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 Demant A/S pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Demant A/S pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Demant A/S pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Demant A/S Lagged Returns
When evaluating Demant A/S's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Demant A/S pink sheet have on its future price. Demant A/S 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, Demant A/S autocorrelation shows the relationship between Demant A/S pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Demant AS ADR.
Regressed Prices |
| Timeline |
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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.Additional Tools for Demant Pink Sheet Analysis
When running Demant A/S's price analysis, check to measure Demant A/S's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Demant A/S is operating at the current time. Most of Demant A/S's value examination focuses on studying past and present price action to predict the probability of Demant A/S's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Demant A/S's price. Additionally, you may evaluate how the addition of Demant A/S to your portfolios can decrease your overall portfolio volatility.