Daetwyl I (Switzerland) Market Value
| DAE Stock | CHF 138.40 0.60 0.43% |
| Symbol | Daetwyl |
Daetwyl I '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 Daetwyl I'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 Daetwyl I.
| 05/31/2024 |
| 11/27/2024 |
If you would invest 0.00 in Daetwyl I on May 31, 2024 and sell it all today you would earn a total of 0.00 from holding Daetwyl I or generate 0.0% return on investment in Daetwyl I over 180 days. Daetwyl I is related to or competes with Bucher Industries, Comet Holding, VAT Group, Bachem Holding, and Belimo Holding. Dtwyler Holding AG manufactures and sells elastomer components for health care, mobility, oil and gas, and food and beve... More
Daetwyl I 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 Daetwyl I'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 Daetwyl I upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.33) | |||
| Maximum Drawdown | 7.72 | |||
| Value At Risk | (2.33) | |||
| Potential Upside | 2.51 |
Daetwyl I Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Daetwyl I's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Daetwyl I's standard deviation. In reality, there are many statistical measures that can use Daetwyl I historical prices to predict the future Daetwyl I's volatility.| Risk Adjusted Performance | (0.17) | |||
| Jensen Alpha | (0.38) | |||
| Total Risk Alpha | (0.54) | |||
| Treynor Ratio | (0.72) |
Daetwyl I Backtested Returns
Daetwyl I secures Sharpe Ratio (or Efficiency) of -0.28, which denotes the company had a -0.28% return per unit of standard deviation over the last 3 months. Daetwyl I exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Daetwyl I's Coefficient Of Variation of (427.82), standard deviation of 1.36, and Mean Deviation of 1.01 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.46, which means possible diversification benefits within a given portfolio. As returns on the market increase, Daetwyl I's returns are expected to increase less than the market. However, during the bear market, the loss of holding Daetwyl I is expected to be smaller as well. At this point, Daetwyl I has a negative expected return of -0.37%. Please make sure to confirm Daetwyl I's potential upside, day median price, and the relationship between the treynor ratio and accumulation distribution , to decide if Daetwyl I performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.47 |
Average predictability
Daetwyl I has average predictability. Overlapping area represents the amount of predictability between Daetwyl I time series from 31st of May 2024 to 29th of August 2024 and 29th of August 2024 to 27th 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 Daetwyl I price movement. The serial correlation of 0.47 indicates that about 47.0% of current Daetwyl I price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.47 | |
| Spearman Rank Test | 0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 203.7 |
Daetwyl I lagged returns against current returns
Autocorrelation, which is Daetwyl I 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 Daetwyl I's stock expected returns. We can calculate the autocorrelation of Daetwyl I returns to help us make a trade decision. For example, suppose you find that Daetwyl I 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 |
Daetwyl I 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 Daetwyl I stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Daetwyl I stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Daetwyl I stock over time.
Current vs Lagged Prices |
| Timeline |
Daetwyl I Lagged Returns
When evaluating Daetwyl I's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Daetwyl I stock have on its future price. Daetwyl I 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, Daetwyl I autocorrelation shows the relationship between Daetwyl I stock current value and its past values and can show if there is a momentum factor associated with investing in Daetwyl I.
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 Daetwyl Stock Analysis
When running Daetwyl I's price analysis, check to measure Daetwyl I'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 Daetwyl I is operating at the current time. Most of Daetwyl I's value examination focuses on studying past and present price action to predict the probability of Daetwyl I's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Daetwyl I's price. Additionally, you may evaluate how the addition of Daetwyl I to your portfolios can decrease your overall portfolio volatility.