DONTNOD Entertainment (France) Market Value
| ALDNE Stock | EUR 0.99 0.01 1.00% |
| Symbol | DONTNOD |
DONTNOD Entertainment '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 DONTNOD Entertainment'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 DONTNOD Entertainment.
| 08/01/2023 |
| 11/23/2024 |
If you would invest 0.00 in DONTNOD Entertainment on August 1, 2023 and sell it all today you would earn a total of 0.00 from holding DONTNOD Entertainment SA or generate 0.0% return on investment in DONTNOD Entertainment over 480 days. DONTNOD Entertainment is related to or competes with Ubisoft Entertainment, Manitou BF, Ossiam Minimum, Ekinops SA, Orapi SA, and Memscap Regpt. Dont Nod Entertainment S.A. develops and sells video games worldwide More
DONTNOD Entertainment 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 DONTNOD Entertainment'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 DONTNOD Entertainment SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.24) | |||
| Maximum Drawdown | 25.1 | |||
| Value At Risk | (6.00) | |||
| Potential Upside | 4.17 |
DONTNOD Entertainment Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for DONTNOD Entertainment's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as DONTNOD Entertainment's standard deviation. In reality, there are many statistical measures that can use DONTNOD Entertainment historical prices to predict the future DONTNOD Entertainment's volatility.| Risk Adjusted Performance | (0.16) | |||
| Jensen Alpha | (0.87) | |||
| Total Risk Alpha | (1.47) | |||
| Treynor Ratio | 1.9 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of DONTNOD Entertainment's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
DONTNOD Entertainment Backtested Returns
DONTNOD Entertainment secures Sharpe Ratio (or Efficiency) of -0.22, which denotes the company had a -0.22% return per unit of risk over the last 3 months. DONTNOD Entertainment SA exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm DONTNOD Entertainment's Standard Deviation of 4.24, mean deviation of 2.83, and Coefficient Of Variation of (465.90) to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.48, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning DONTNOD Entertainment are expected to decrease at a much lower rate. During the bear market, DONTNOD Entertainment is likely to outperform the market. At this point, DONTNOD Entertainment has a negative expected return of -0.92%. Please make sure to confirm DONTNOD Entertainment's treynor ratio, accumulation distribution, period momentum indicator, as well as the relationship between the potential upside and day median price , to decide if DONTNOD Entertainment performance from the past will be repeated at future time.
Auto-correlation | 0.85 |
Very good predictability
DONTNOD Entertainment SA has very good predictability. Overlapping area represents the amount of predictability between DONTNOD Entertainment time series from 1st of August 2023 to 28th of March 2024 and 28th of March 2024 to 23rd 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 DONTNOD Entertainment price movement. The serial correlation of 0.85 indicates that around 85.0% of current DONTNOD Entertainment price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.85 | |
| Spearman Rank Test | 0.88 | |
| Residual Average | 0.0 | |
| Price Variance | 0.42 |
DONTNOD Entertainment lagged returns against current returns
Autocorrelation, which is DONTNOD Entertainment 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 DONTNOD Entertainment's stock expected returns. We can calculate the autocorrelation of DONTNOD Entertainment returns to help us make a trade decision. For example, suppose you find that DONTNOD Entertainment 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 |
DONTNOD Entertainment 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 DONTNOD Entertainment stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if DONTNOD Entertainment stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in DONTNOD Entertainment stock over time.
Current vs Lagged Prices |
| Timeline |
DONTNOD Entertainment Lagged Returns
When evaluating DONTNOD Entertainment's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of DONTNOD Entertainment stock have on its future price. DONTNOD Entertainment 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, DONTNOD Entertainment autocorrelation shows the relationship between DONTNOD Entertainment stock current value and its past values and can show if there is a momentum factor associated with investing in DONTNOD Entertainment SA.
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.Additional Tools for DONTNOD Stock Analysis
When running DONTNOD Entertainment's price analysis, check to measure DONTNOD Entertainment's 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 DONTNOD Entertainment is operating at the current time. Most of DONTNOD Entertainment's value examination focuses on studying past and present price action to predict the probability of DONTNOD Entertainment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DONTNOD Entertainment's price. Additionally, you may evaluate how the addition of DONTNOD Entertainment to your portfolios can decrease your overall portfolio volatility.