DEXUS (Germany) Market Value
| 0DPS Stock | EUR 4.39 0.08 1.86% |
| Symbol | DEXUS |
DEXUS '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 DEXUS'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 DEXUS.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in DEXUS on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding DEXUS or generate 0.0% return on investment in DEXUS over 540 days. DEXUS is related to or competes with Superior Plus, NMI Holdings, Origin Agritech, SIVERS SEMICONDUCTORS, NorAm Drilling, Talanx AG, and Identiv. Dexus is one of Australias leading real estate groups, proudly managing a high quality Australian property portfolio val... More
DEXUS 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 DEXUS'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 DEXUS upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.27 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 5.51 | |||
| Value At Risk | (1.86) | |||
| Potential Upside | 2.15 |
DEXUS Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for DEXUS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as DEXUS's standard deviation. In reality, there are many statistical measures that can use DEXUS historical prices to predict the future DEXUS's volatility.| Risk Adjusted Performance | 0.0465 | |||
| Jensen Alpha | 0.042 | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.3622 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of DEXUS'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.
DEXUS Backtested Returns
At this point, DEXUS is somewhat reliable. DEXUS secures Sharpe Ratio (or Efficiency) of 0.0429, which denotes the company had a 0.0429% return per unit of volatility over the last 3 months. We have found twenty-seven technical indicators for DEXUS, which you can use to evaluate the volatility of the firm. Please confirm DEXUS's Market Risk Adjusted Performance of 0.3722, mean deviation of 1.05, and Downside Deviation of 1.27 to check if the risk estimate we provide is consistent with the expected return of 0.0551%. DEXUS has a performance score of 3 on a scale of 0 to 100. 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, DEXUS's returns are expected to increase less than the market. However, during the bear market, the loss of holding DEXUS is expected to be smaller as well. DEXUS currently shows a risk of 1.28%. Please confirm DEXUS sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to decide if DEXUS will be following its price patterns.
Auto-correlation | 0.35 |
Below average predictability
DEXUS has below average predictability. Overlapping area represents the amount of predictability between DEXUS time series from 8th of June 2023 to 4th of March 2024 and 4th of March 2024 to 29th of November 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 DEXUS price movement. The serial correlation of 0.35 indicates that nearly 35.0% of current DEXUS price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.35 | |
| Spearman Rank Test | 0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
DEXUS lagged returns against current returns
Autocorrelation, which is DEXUS 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 DEXUS's stock expected returns. We can calculate the autocorrelation of DEXUS returns to help us make a trade decision. For example, suppose you find that DEXUS 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 |
DEXUS 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 DEXUS stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if DEXUS stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in DEXUS stock over time.
Current vs Lagged Prices |
| Timeline |
DEXUS Lagged Returns
When evaluating DEXUS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of DEXUS stock have on its future price. DEXUS 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, DEXUS autocorrelation shows the relationship between DEXUS stock current value and its past values and can show if there is a momentum factor associated with investing in DEXUS.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in DEXUS Stock
DEXUS financial ratios help investors to determine whether DEXUS 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 DEXUS with respect to the benefits of owning DEXUS security.