DIASORIN (Germany) Market Value
| 34D Stock | EUR 101.15 1.25 1.22% |
| Symbol | DIASORIN |
DIASORIN '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 DIASORIN'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 DIASORIN.
| 05/28/2023 |
| 12/18/2024 |
If you would invest 0.00 in DIASORIN on May 28, 2023 and sell it all today you would earn a total of 0.00 from holding DIASORIN or generate 0.0% return on investment in DIASORIN over 570 days. DIASORIN is related to or competes with Perseus Mining, Alstria Office, 24SEVENOFFICE GROUP, Gol Intelligent, SCANSOURCE, and Coeur Mining. More
DIASORIN 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 DIASORIN'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 DIASORIN upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.21 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 7.83 | |||
| Value At Risk | (1.82) | |||
| Potential Upside | 2.68 |
DIASORIN Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for DIASORIN's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as DIASORIN's standard deviation. In reality, there are many statistical measures that can use DIASORIN historical prices to predict the future DIASORIN's volatility.| Risk Adjusted Performance | 0.0122 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.0269 |
DIASORIN Backtested Returns
DIASORIN retains Efficiency (Sharpe Ratio) of -0.0025, which denotes the company had a -0.0025% return per unit of risk over the last 3 months. DIASORIN exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm DIASORIN's Downside Deviation of 1.21, coefficient of variation of 10243.6, and Market Risk Adjusted Performance of 0.0369 to check the risk estimate we provide. The firm owns a Beta (Systematic Risk) of 0.17, which means not very significant fluctuations relative to the market. As returns on the market increase, DIASORIN's returns are expected to increase less than the market. However, during the bear market, the loss of holding DIASORIN is expected to be smaller as well. At this point, DIASORIN has a negative expected return of -0.0038%. Please make sure to confirm DIASORIN's semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to decide if DIASORIN performance from the past will be repeated at some future date.
Auto-correlation | -0.54 |
Good reverse predictability
DIASORIN has good reverse predictability. Overlapping area represents the amount of predictability between DIASORIN time series from 28th of May 2023 to 8th of March 2024 and 8th of March 2024 to 18th of December 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 DIASORIN price movement. The serial correlation of -0.54 indicates that about 54.0% of current DIASORIN price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.54 | |
| Spearman Rank Test | -0.46 | |
| Residual Average | 0.0 | |
| Price Variance | 33.96 |
DIASORIN lagged returns against current returns
Autocorrelation, which is DIASORIN 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 DIASORIN's stock expected returns. We can calculate the autocorrelation of DIASORIN returns to help us make a trade decision. For example, suppose you find that DIASORIN 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 |
DIASORIN 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 DIASORIN stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if DIASORIN stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in DIASORIN stock over time.
Current vs Lagged Prices |
| Timeline |
DIASORIN Lagged Returns
When evaluating DIASORIN's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of DIASORIN stock have on its future price. DIASORIN 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, DIASORIN autocorrelation shows the relationship between DIASORIN stock current value and its past values and can show if there is a momentum factor associated with investing in DIASORIN.
Regressed Prices |
| Timeline |
Also Currently Popular
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.Other Information on Investing in DIASORIN Stock
DIASORIN financial ratios help investors to determine whether DIASORIN 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 DIASORIN with respect to the benefits of owning DIASORIN security.