DBV Technologies (UK) Market Value
| 0QAJ Stock | 0.52 0.02 3.70% |
| Symbol | DBV |
DBV Technologies '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 DBV Technologies' 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 DBV Technologies.
| 02/29/2024 |
| 11/25/2024 |
If you would invest 0.00 in DBV Technologies on February 29, 2024 and sell it all today you would earn a total of 0.00 from holding DBV Technologies or generate 0.0% return on investment in DBV Technologies over 270 days. DBV Technologies is related to or competes with Quadrise Plc, Intuitive Investments, European Metals, and Athelney Trust. DBV Technologies is entity of United Kingdom More
DBV Technologies 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 DBV Technologies' 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 DBV Technologies upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 55.5 | |||
| Value At Risk | (5.48) | |||
| Potential Upside | 3.8 |
DBV Technologies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for DBV Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as DBV Technologies' standard deviation. In reality, there are many statistical measures that can use DBV Technologies historical prices to predict the future DBV Technologies' volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.53) | |||
| Total Risk Alpha | (1.47) | |||
| Treynor Ratio | 1.86 |
DBV Technologies Backtested Returns
DBV Technologies secures Sharpe Ratio (or Efficiency) of -0.1, which denotes the company had a -0.1% return per unit of volatility over the last 3 months. DBV Technologies exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm DBV Technologies' Standard Deviation of 5.73, mean deviation of 2.8, and Market Risk Adjusted Performance of 1.87 to check the risk estimate we provide. The firm 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 DBV Technologies are expected to decrease at a much lower rate. During the bear market, DBV Technologies is likely to outperform the market. At this point, DBV Technologies has a negative expected return of -0.58%. Please make sure to confirm DBV Technologies' maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to decide if DBV Technologies performance from the past will be repeated in the future.
Auto-correlation | 0.68 |
Good predictability
DBV Technologies has good predictability. Overlapping area represents the amount of predictability between DBV Technologies time series from 29th of February 2024 to 13th of July 2024 and 13th of July 2024 to 25th 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 DBV Technologies price movement. The serial correlation of 0.68 indicates that around 68.0% of current DBV Technologies price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.68 | |
| Spearman Rank Test | 0.68 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
DBV Technologies lagged returns against current returns
Autocorrelation, which is DBV Technologies 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 DBV Technologies' stock expected returns. We can calculate the autocorrelation of DBV Technologies returns to help us make a trade decision. For example, suppose you find that DBV Technologies 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 |
DBV Technologies 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 DBV Technologies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if DBV Technologies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in DBV Technologies stock over time.
Current vs Lagged Prices |
| Timeline |
DBV Technologies Lagged Returns
When evaluating DBV Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of DBV Technologies stock have on its future price. DBV Technologies 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, DBV Technologies autocorrelation shows the relationship between DBV Technologies stock current value and its past values and can show if there is a momentum factor associated with investing in DBV Technologies.
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 DBV Stock Analysis
When running DBV Technologies' price analysis, check to measure DBV Technologies' 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 DBV Technologies is operating at the current time. Most of DBV Technologies' value examination focuses on studying past and present price action to predict the probability of DBV Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DBV Technologies' price. Additionally, you may evaluate how the addition of DBV Technologies to your portfolios can decrease your overall portfolio volatility.