DFDS A/S (Germany) Market Value
| 29K Stock | EUR 18.98 0.85 4.69% |
| Symbol | DFDS |
DFDS 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 DFDS A/S'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 DFDS A/S.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in DFDS A/S on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding DFDS AS or generate 0.0% return on investment in DFDS A/S over 30 days. DFDS A/S is related to or competes with Clarkson PLC, Wilh Wilhelmsen, Superior Plus, NMI Holdings, Origin Agritech, SIVERS SEMICONDUCTORS, and NorAm Drilling. DFDS AS provides logistics solutions in Denmark and internationally More
DFDS 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 DFDS A/S'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 DFDS AS upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.22) | |||
| Maximum Drawdown | 11.27 | |||
| Value At Risk | (3.21) | |||
| Potential Upside | 1.91 |
DFDS A/S Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for DFDS A/S's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as DFDS A/S's standard deviation. In reality, there are many statistical measures that can use DFDS A/S historical prices to predict the future DFDS A/S's volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.39) | |||
| Total Risk Alpha | (0.70) | |||
| Treynor Ratio | (0.96) |
DFDS A/S Backtested Returns
DFDS A/S secures Sharpe Ratio (or Efficiency) of -0.17, which denotes the company had a -0.17% return per unit of risk over the last 3 months. DFDS AS exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm DFDS A/S's Variance of 4.57, mean deviation of 1.58, and Standard Deviation of 2.14 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.36, which means possible diversification benefits within a given portfolio. As returns on the market increase, DFDS A/S's returns are expected to increase less than the market. However, during the bear market, the loss of holding DFDS A/S is expected to be smaller as well. At this point, DFDS A/S has a negative expected return of -0.36%. Please make sure to confirm DFDS A/S's standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to decide if DFDS A/S performance from the past will be repeated at some future date.
Auto-correlation | -0.31 |
Poor reverse predictability
DFDS AS has poor reverse predictability. Overlapping area represents the amount of predictability between DFDS A/S time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 DFDS A/S price movement. The serial correlation of -0.31 indicates that nearly 31.0% of current DFDS A/S price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.31 | |
| Spearman Rank Test | -0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 0.13 |
DFDS A/S lagged returns against current returns
Autocorrelation, which is DFDS A/S 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 DFDS A/S's stock expected returns. We can calculate the autocorrelation of DFDS A/S returns to help us make a trade decision. For example, suppose you find that DFDS A/S 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 |
DFDS 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 DFDS A/S stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if DFDS A/S stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in DFDS A/S stock over time.
Current vs Lagged Prices |
| Timeline |
DFDS A/S Lagged Returns
When evaluating DFDS A/S's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of DFDS A/S stock have on its future price. DFDS 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, DFDS A/S autocorrelation shows the relationship between DFDS A/S stock current value and its past values and can show if there is a momentum factor associated with investing in DFDS AS.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in DFDS Stock
DFDS A/S financial ratios help investors to determine whether DFDS 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 DFDS with respect to the benefits of owning DFDS A/S security.