Distribuidora Internacional (Spain) Market Value
| DIA Stock | EUR 0.01 0.0002 1.63% |
| Symbol | Distribuidora |
Distribuidora Internacional '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 Distribuidora Internacional'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 Distribuidora Internacional.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Distribuidora Internacional on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Distribuidora Internacional de or generate 0.0% return on investment in Distribuidora Internacional over 30 days. Distribuidora Internacional is related to or competes with Ebro Foods, Atrys Health, Plasticos Compuestos, and Elaia Investment. Distribuidora Internacional de Alimentacin, S.A More
Distribuidora Internacional 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 Distribuidora Internacional'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 Distribuidora Internacional de upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 3.79 | |||
| Value At Risk | (1.56) | |||
| Potential Upside | 0.8197 |
Distribuidora Internacional Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Distribuidora Internacional's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Distribuidora Internacional's standard deviation. In reality, there are many statistical measures that can use Distribuidora Internacional historical prices to predict the future Distribuidora Internacional's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.18) | |||
| Treynor Ratio | 0.2726 |
Distribuidora Internacional Backtested Returns
Distribuidora Internacional secures Sharpe Ratio (or Efficiency) of -0.066, which denotes the company had a -0.066% return per unit of risk over the last 3 months. Distribuidora Internacional de exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Distribuidora Internacional's Standard Deviation of 0.8394, mean deviation of 0.6499, and Variance of 0.7046 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.25, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Distribuidora Internacional are expected to decrease at a much lower rate. During the bear market, Distribuidora Internacional is likely to outperform the market. At this point, Distribuidora Internacional has a negative expected return of -0.0567%. Please make sure to confirm Distribuidora Internacional's accumulation distribution, day typical price, and the relationship between the skewness and rate of daily change , to decide if Distribuidora Internacional performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.01 |
Virtually no predictability
Distribuidora Internacional de has virtually no predictability. Overlapping area represents the amount of predictability between Distribuidora Internacional time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 Distribuidora Internacional price movement. The serial correlation of 0.01 indicates that just 1.0% of current Distribuidora Internacional price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.01 | |
| Spearman Rank Test | 0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Distribuidora Internacional lagged returns against current returns
Autocorrelation, which is Distribuidora Internacional 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 Distribuidora Internacional's stock expected returns. We can calculate the autocorrelation of Distribuidora Internacional returns to help us make a trade decision. For example, suppose you find that Distribuidora Internacional 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 |
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Distribuidora Internacional 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 Distribuidora Internacional stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Distribuidora Internacional stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Distribuidora Internacional stock over time.
Current vs Lagged Prices |
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Distribuidora Internacional Lagged Returns
When evaluating Distribuidora Internacional's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Distribuidora Internacional stock have on its future price. Distribuidora Internacional 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, Distribuidora Internacional autocorrelation shows the relationship between Distribuidora Internacional stock current value and its past values and can show if there is a momentum factor associated with investing in Distribuidora Internacional de.
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.Other Information on Investing in Distribuidora Stock
Distribuidora Internacional financial ratios help investors to determine whether Distribuidora 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 Distribuidora with respect to the benefits of owning Distribuidora Internacional security.