DNB BANK (Germany) Market Value
| D1NC Stock | 20.77 1.41 7.28% |
| Symbol | DNB |
DNB BANK '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 DNB BANK'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 DNB BANK.
| 12/09/2022 |
| 11/28/2024 |
If you would invest 0.00 in DNB BANK on December 9, 2022 and sell it all today you would earn a total of 0.00 from holding DNB BANK ASA or generate 0.0% return on investment in DNB BANK over 720 days. DNB BANK is related to or competes with Nufarm, HK Electric, WisdomTree Investments, New Residential, EAT WELL, and Gladstone Investment. More
DNB BANK 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 DNB BANK'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 DNB BANK ASA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.51 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 10.32 | |||
| Value At Risk | (1.89) | |||
| Potential Upside | 2.48 |
DNB BANK Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for DNB BANK's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as DNB BANK's standard deviation. In reality, there are many statistical measures that can use DNB BANK historical prices to predict the future DNB BANK's volatility.| Risk Adjusted Performance | 0.0322 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.19) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.0815 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of DNB BANK'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.
DNB BANK ASA Backtested Returns
At this point, DNB BANK is very steady. DNB BANK ASA retains Efficiency (Sharpe Ratio) of 0.093, which denotes the company had a 0.093% return per unit of risk over the last 3 months. We have found thirty technical indicators for DNB BANK, which you can use to evaluate the volatility of the firm. Please confirm DNB BANK's Coefficient Of Variation of 2794.51, downside deviation of 1.51, and Market Risk Adjusted Performance of 0.0915 to check if the risk estimate we provide is consistent with the expected return of 0.16%. DNB BANK has a performance score of 7 on a scale of 0 to 100. The firm owns a Beta (Systematic Risk) of 0.52, which means possible diversification benefits within a given portfolio. As returns on the market increase, DNB BANK's returns are expected to increase less than the market. However, during the bear market, the loss of holding DNB BANK is expected to be smaller as well. DNB BANK ASA at this time owns a risk of 1.73%. Please confirm DNB BANK ASA market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to decide if DNB BANK ASA will be following its current price history.
Auto-correlation | 0.27 |
Poor predictability
DNB BANK ASA has poor predictability. Overlapping area represents the amount of predictability between DNB BANK time series from 9th of December 2022 to 4th of December 2023 and 4th of December 2023 to 28th 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 DNB BANK ASA price movement. The serial correlation of 0.27 indicates that nearly 27.0% of current DNB BANK price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.27 | |
| Spearman Rank Test | 0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 3.63 |
DNB BANK ASA lagged returns against current returns
Autocorrelation, which is DNB BANK 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 DNB BANK's stock expected returns. We can calculate the autocorrelation of DNB BANK returns to help us make a trade decision. For example, suppose you find that DNB BANK 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 |
DNB BANK 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 DNB BANK stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if DNB BANK stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in DNB BANK stock over time.
Current vs Lagged Prices |
| Timeline |
DNB BANK Lagged Returns
When evaluating DNB BANK's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of DNB BANK stock have on its future price. DNB BANK 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, DNB BANK autocorrelation shows the relationship between DNB BANK stock current value and its past values and can show if there is a momentum factor associated with investing in DNB BANK ASA.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in DNB Stock
DNB BANK financial ratios help investors to determine whether DNB 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 DNB with respect to the benefits of owning DNB BANK security.