Del Monte (Philippines) Market Value
| DELM Stock | 3.71 0.25 6.31% |
| Symbol | Del |
Del Monte '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 Del Monte'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 Del Monte.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Del Monte on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Del Monte Pacific or generate 0.0% return on investment in Del Monte over 30 days. Del Monte is related to or competes with SM Investments, Apex Mining, STI Education, Philex Mining, Metro Retail, Atlas Consolidated, and Converge Information. More
Del Monte 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 Del Monte'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 Del Monte Pacific upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 18.69 | |||
| Value At Risk | (6.67) | |||
| Potential Upside | 5.14 |
Del Monte Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Del Monte's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Del Monte's standard deviation. In reality, there are many statistical measures that can use Del Monte historical prices to predict the future Del Monte's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.74) | |||
| Treynor Ratio | 1.18 |
Del Monte Pacific Backtested Returns
Del Monte Pacific secures Sharpe Ratio (or Efficiency) of -0.062, which denotes the company had a -0.062% return per unit of risk over the last 3 months. Del Monte Pacific exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Del Monte's Mean Deviation of 2.6, variance of 12.69, and Standard Deviation of 3.56 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.17, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Del Monte are expected to decrease at a much lower rate. During the bear market, Del Monte is likely to outperform the market. At this point, Del Monte Pacific has a negative expected return of -0.21%. Please make sure to confirm Del Monte's treynor ratio, value at risk, and the relationship between the total risk alpha and maximum drawdown , to decide if Del Monte Pacific performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.25 |
Poor predictability
Del Monte Pacific has poor predictability. Overlapping area represents the amount of predictability between Del Monte time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th 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 Del Monte Pacific price movement. The serial correlation of 0.25 indicates that over 25.0% of current Del Monte price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.25 | |
| Spearman Rank Test | 0.83 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Del Monte Pacific lagged returns against current returns
Autocorrelation, which is Del Monte 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 Del Monte's stock expected returns. We can calculate the autocorrelation of Del Monte returns to help us make a trade decision. For example, suppose you find that Del Monte 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 |
Del Monte 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 Del Monte stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Del Monte stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Del Monte stock over time.
Current vs Lagged Prices |
| Timeline |
Del Monte Lagged Returns
When evaluating Del Monte's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Del Monte stock have on its future price. Del Monte 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, Del Monte autocorrelation shows the relationship between Del Monte stock current value and its past values and can show if there is a momentum factor associated with investing in Del Monte Pacific.
Regressed Prices |
| Timeline |
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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 Del Stock Analysis
When running Del Monte's price analysis, check to measure Del Monte'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 Del Monte is operating at the current time. Most of Del Monte's value examination focuses on studying past and present price action to predict the probability of Del Monte's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Del Monte's price. Additionally, you may evaluate how the addition of Del Monte to your portfolios can decrease your overall portfolio volatility.