DMG Mori (Germany) Market Value
| 0MO Stock | EUR 15.70 0.10 0.64% |
| Symbol | DMG |
DMG Mori '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 DMG Mori'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 DMG Mori.
| 06/02/2024 |
| 11/29/2024 |
If you would invest 0.00 in DMG Mori on June 2, 2024 and sell it all today you would earn a total of 0.00 from holding DMG Mori Co or generate 0.0% return on investment in DMG Mori over 180 days. DMG Mori is related to or competes with Hyster-Yale Materials, NEWELL RUBBERMAID, Eagle Materials, APPLIED MATERIALS, Rayonier Advanced, and Plastic Omnium. DMG Mori Co., Ltd. manufactures and sells machine tools worldwide More
DMG Mori 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 DMG Mori'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 DMG Mori Co upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 14.67 | |||
| Value At Risk | (4.72) | |||
| Potential Upside | 3.19 |
DMG Mori Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for DMG Mori's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as DMG Mori's standard deviation. In reality, there are many statistical measures that can use DMG Mori historical prices to predict the future DMG Mori's volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.52) | |||
| Total Risk Alpha | (0.79) | |||
| Treynor Ratio | (0.36) |
DMG Mori Backtested Returns
DMG Mori secures Sharpe Ratio (or Efficiency) of -0.18, which denotes the company had a -0.18% return per unit of return volatility over the last 3 months. DMG Mori Co exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm DMG Mori's mean deviation of 1.83, and Standard Deviation of 2.59 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.11, which means a somewhat significant risk relative to the market. DMG Mori returns are very sensitive to returns on the market. As the market goes up or down, DMG Mori is expected to follow. At this point, DMG Mori has a negative expected return of -0.45%. Please make sure to confirm DMG Mori's market risk adjusted performance, coefficient of variation, information ratio, as well as the relationship between the mean deviation and standard deviation , to decide if DMG Mori performance from the past will be repeated in the future.
Auto-correlation | 0.83 |
Very good predictability
DMG Mori Co has very good predictability. Overlapping area represents the amount of predictability between DMG Mori time series from 2nd of June 2024 to 31st of August 2024 and 31st of August 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 DMG Mori price movement. The serial correlation of 0.83 indicates that around 83.0% of current DMG Mori price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.83 | |
| Spearman Rank Test | 0.84 | |
| Residual Average | 0.0 | |
| Price Variance | 2.13 |
DMG Mori lagged returns against current returns
Autocorrelation, which is DMG Mori 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 DMG Mori's stock expected returns. We can calculate the autocorrelation of DMG Mori returns to help us make a trade decision. For example, suppose you find that DMG Mori 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 |
DMG Mori 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 DMG Mori stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if DMG Mori stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in DMG Mori stock over time.
Current vs Lagged Prices |
| Timeline |
DMG Mori Lagged Returns
When evaluating DMG Mori's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of DMG Mori stock have on its future price. DMG Mori 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, DMG Mori autocorrelation shows the relationship between DMG Mori stock current value and its past values and can show if there is a momentum factor associated with investing in DMG Mori Co.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in DMG Stock
DMG Mori financial ratios help investors to determine whether DMG 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 DMG with respect to the benefits of owning DMG Mori security.