DETALION GAMES (Germany) Market Value
| 9XJ Stock | 0.22 0.01 4.76% |
| Symbol | DETALION |
DETALION GAMES '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 DETALION GAMES'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 DETALION GAMES.
| 02/08/2025 |
| 03/10/2025 |
If you would invest 0.00 in DETALION GAMES on February 8, 2025 and sell it all today you would earn a total of 0.00 from holding DETALION GAMES SA or generate 0.0% return on investment in DETALION GAMES over 30 days. DETALION GAMES is related to or competes with 24SEVENOFFICE GROUP, American Airlines, Aegean Airlines, Southwest Airlines, China Eastern, and International Consolidated. More
DETALION GAMES 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 DETALION GAMES'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 DETALION GAMES SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 13.46 | |||
| Information Ratio | 0.0724 | |||
| Maximum Drawdown | 80.0 | |||
| Value At Risk | (10.53) | |||
| Potential Upside | 5.88 |
DETALION GAMES Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for DETALION GAMES's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as DETALION GAMES's standard deviation. In reality, there are many statistical measures that can use DETALION GAMES historical prices to predict the future DETALION GAMES's volatility.| Risk Adjusted Performance | 0.0601 | |||
| Jensen Alpha | 0.7309 | |||
| Total Risk Alpha | 1.32 | |||
| Sortino Ratio | 0.0448 | |||
| Treynor Ratio | 0.1964 |
DETALION GAMES SA Backtested Returns
DETALION GAMES appears to be out of control, given 3 months investment horizon. DETALION GAMES SA secures Sharpe Ratio (or Efficiency) of 0.0777, which denotes the company had a 0.0777 % return per unit of volatility over the last 3 months. By examining DETALION GAMES's technical indicators, you can evaluate if the expected return of 0.66% is justified by implied risk. Please utilize DETALION GAMES's Mean Deviation of 3.58, market risk adjusted performance of 0.2064, and Downside Deviation of 13.46 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, DETALION GAMES holds a performance score of 6. The firm shows a Beta (market volatility) of 2.69, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, DETALION GAMES will likely underperform. Please check DETALION GAMES's sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to make a quick decision on whether DETALION GAMES's price patterns will revert.
Auto-correlation | 0.18 |
Very weak predictability
DETALION GAMES SA has very weak predictability. Overlapping area represents the amount of predictability between DETALION GAMES time series from 8th of February 2025 to 23rd of February 2025 and 23rd of February 2025 to 10th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of DETALION GAMES SA price movement. The serial correlation of 0.18 indicates that over 18.0% of current DETALION GAMES price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.18 | |
| Spearman Rank Test | 0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
DETALION GAMES SA lagged returns against current returns
Autocorrelation, which is DETALION GAMES 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 DETALION GAMES's stock expected returns. We can calculate the autocorrelation of DETALION GAMES returns to help us make a trade decision. For example, suppose you find that DETALION GAMES 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 |
DETALION GAMES 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 DETALION GAMES stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if DETALION GAMES stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in DETALION GAMES stock over time.
Current vs Lagged Prices |
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DETALION GAMES Lagged Returns
When evaluating DETALION GAMES's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of DETALION GAMES stock have on its future price. DETALION GAMES 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, DETALION GAMES autocorrelation shows the relationship between DETALION GAMES stock current value and its past values and can show if there is a momentum factor associated with investing in DETALION GAMES SA.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in DETALION Stock
DETALION GAMES financial ratios help investors to determine whether DETALION 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 DETALION with respect to the benefits of owning DETALION GAMES security.