Delta Insurance (Egypt) Market Value
| DEIN Stock | 14.23 0.00 0.00% |
| Symbol | Delta |
Delta Insurance '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 Delta Insurance'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 Delta Insurance.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Delta Insurance on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Delta Insurance or generate 0.0% return on investment in Delta Insurance over 30 days.
Delta Insurance 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 Delta Insurance'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 Delta Insurance upside and downside potential and time the market with a certain degree of confidence.
Delta Insurance Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Delta Insurance's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Delta Insurance's standard deviation. In reality, there are many statistical measures that can use Delta Insurance historical prices to predict the future Delta Insurance's volatility.Delta Insurance Backtested Returns
We have found three technical indicators for Delta Insurance, which you can use to evaluate the volatility of the firm. The firm shows a Beta (market volatility) of 0.0, which means not very significant fluctuations relative to the market. the returns on MARKET and Delta Insurance are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Delta Insurance has no correlation between past and present. Overlapping area represents the amount of predictability between Delta Insurance time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 Delta Insurance price movement. The serial correlation of 0.0 indicates that just 0.0% of current Delta Insurance price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Delta Insurance lagged returns against current returns
Autocorrelation, which is Delta Insurance 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 Delta Insurance's stock expected returns. We can calculate the autocorrelation of Delta Insurance returns to help us make a trade decision. For example, suppose you find that Delta Insurance 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 |
Delta Insurance 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 Delta Insurance stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Delta Insurance stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Delta Insurance stock over time.
Current vs Lagged Prices |
| Timeline |
Delta Insurance Lagged Returns
When evaluating Delta Insurance's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Delta Insurance stock have on its future price. Delta Insurance 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, Delta Insurance autocorrelation shows the relationship between Delta Insurance stock current value and its past values and can show if there is a momentum factor associated with investing in Delta Insurance.
Regressed Prices |
| Timeline |