Delivery Hero (Germany) Market Value
| DHER Stock | EUR 37.80 0.52 1.36% |
| Symbol | Delivery |
Delivery Hero '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 Delivery Hero'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 Delivery Hero.
| 12/09/2022 |
| 11/28/2024 |
If you would invest 0.00 in Delivery Hero on December 9, 2022 and sell it all today you would earn a total of 0.00 from holding Delivery Hero SE or generate 0.0% return on investment in Delivery Hero over 720 days. Delivery Hero is related to or competes with American Homes, Aedas Homes, Westlake Chemical, Tri Pointe, PTT Global, and China BlueChemical. Delivery Hero SE provides online food ordering and delivery services More
Delivery Hero 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 Delivery Hero'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 Delivery Hero SE upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.83 | |||
| Information Ratio | 0.1966 | |||
| Maximum Drawdown | 17.0 | |||
| Value At Risk | (4.17) | |||
| Potential Upside | 6.41 |
Delivery Hero Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Delivery Hero's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Delivery Hero's standard deviation. In reality, there are many statistical measures that can use Delivery Hero historical prices to predict the future Delivery Hero's volatility.| Risk Adjusted Performance | 0.1893 | |||
| Jensen Alpha | 0.648 | |||
| Total Risk Alpha | 0.2444 | |||
| Sortino Ratio | 0.2205 | |||
| Treynor Ratio | 0.9284 |
Delivery Hero SE Backtested Returns
Delivery Hero appears to be very steady, given 3 months investment horizon. Delivery Hero SE secures Sharpe Ratio (or Efficiency) of 0.18, which denotes the company had a 0.18% return per unit of risk over the last 3 months. By reviewing Delivery Hero's technical indicators, you can evaluate if the expected return of 0.5% is justified by implied risk. Please utilize Delivery Hero's Downside Deviation of 2.83, mean deviation of 2.3, and Coefficient Of Variation of 420.83 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Delivery Hero holds a performance score of 14. The firm shows a Beta (market volatility) of 0.8, which means possible diversification benefits within a given portfolio. As returns on the market increase, Delivery Hero's returns are expected to increase less than the market. However, during the bear market, the loss of holding Delivery Hero is expected to be smaller as well. Please check Delivery Hero's coefficient of variation, jensen alpha, sortino ratio, as well as the relationship between the standard deviation and total risk alpha , to make a quick decision on whether Delivery Hero's price patterns will revert.
Auto-correlation | -0.69 |
Very good reverse predictability
Delivery Hero SE has very good reverse predictability. Overlapping area represents the amount of predictability between Delivery Hero 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 Delivery Hero SE price movement. The serial correlation of -0.69 indicates that around 69.0% of current Delivery Hero price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.69 | |
| Spearman Rank Test | -0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 38.72 |
Delivery Hero SE lagged returns against current returns
Autocorrelation, which is Delivery Hero 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 Delivery Hero's stock expected returns. We can calculate the autocorrelation of Delivery Hero returns to help us make a trade decision. For example, suppose you find that Delivery Hero 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 |
Delivery Hero 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 Delivery Hero stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Delivery Hero stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Delivery Hero stock over time.
Current vs Lagged Prices |
| Timeline |
Delivery Hero Lagged Returns
When evaluating Delivery Hero's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Delivery Hero stock have on its future price. Delivery Hero 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, Delivery Hero autocorrelation shows the relationship between Delivery Hero stock current value and its past values and can show if there is a momentum factor associated with investing in Delivery Hero SE.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Delivery Stock
Delivery Hero financial ratios help investors to determine whether Delivery 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 Delivery with respect to the benefits of owning Delivery Hero security.