Deutsche Lufthansa Ag Stock Market Value
| DLAKY Stock | USD 6.67 0.19 2.93% |
| Symbol | Deutsche |
Deutsche Lufthansa '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 Deutsche Lufthansa's otc 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 Deutsche Lufthansa.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in Deutsche Lufthansa on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding Deutsche Lufthansa AG or generate 0.0% return on investment in Deutsche Lufthansa over 540 days. Deutsche Lufthansa is related to or competes with International Consolidated, Air France-KLM, Singapore Airlines, International Consolidated, Air France, Finnair Oyj, and AirAsia Group. Deutsche Lufthansa AG operates as an aviation company in Germany and internationally More
Deutsche Lufthansa 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 Deutsche Lufthansa's otc 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 Deutsche Lufthansa AG upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 8.9 | |||
| Value At Risk | (2.77) | |||
| Potential Upside | 2.97 |
Deutsche Lufthansa Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Deutsche Lufthansa's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Deutsche Lufthansa's standard deviation. In reality, there are many statistical measures that can use Deutsche Lufthansa historical prices to predict the future Deutsche Lufthansa's volatility.| Risk Adjusted Performance | 0.006 | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.30) | |||
| Treynor Ratio | (0.03) |
Deutsche Lufthansa Backtested Returns
At this stage we consider Deutsche OTC Stock to be somewhat reliable. Deutsche Lufthansa secures Sharpe Ratio (or Efficiency) of 0.0184, which denotes the company had a 0.0184% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Deutsche Lufthansa AG, which you can use to evaluate the volatility of the firm. Please confirm Deutsche Lufthansa's Standard Deviation of 1.94, mean deviation of 1.47, and Variance of 3.77 to check if the risk estimate we provide is consistent with the expected return of 0.036%. Deutsche Lufthansa has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.38, which means possible diversification benefits within a given portfolio. As returns on the market increase, Deutsche Lufthansa's returns are expected to increase less than the market. However, during the bear market, the loss of holding Deutsche Lufthansa is expected to be smaller as well. Deutsche Lufthansa right now shows a risk of 1.95%. Please confirm Deutsche Lufthansa total risk alpha, accumulation distribution, as well as the relationship between the Accumulation Distribution and period momentum indicator , to decide if Deutsche Lufthansa will be following its price patterns.
Auto-correlation | 0.60 |
Good predictability
Deutsche Lufthansa AG has good predictability. Overlapping area represents the amount of predictability between Deutsche Lufthansa time series from 8th of June 2023 to 4th of March 2024 and 4th of March 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 Deutsche Lufthansa price movement. The serial correlation of 0.6 indicates that roughly 60.0% of current Deutsche Lufthansa price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.6 | |
| Spearman Rank Test | 0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 0.16 |
Deutsche Lufthansa lagged returns against current returns
Autocorrelation, which is Deutsche Lufthansa otc 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 Deutsche Lufthansa's otc stock expected returns. We can calculate the autocorrelation of Deutsche Lufthansa returns to help us make a trade decision. For example, suppose you find that Deutsche Lufthansa has exhibited high autocorrelation historically, and you observe that the otc 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 |
Deutsche Lufthansa 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 Deutsche Lufthansa otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Deutsche Lufthansa otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Deutsche Lufthansa otc stock over time.
Current vs Lagged Prices |
| Timeline |
Deutsche Lufthansa Lagged Returns
When evaluating Deutsche Lufthansa's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Deutsche Lufthansa otc stock have on its future price. Deutsche Lufthansa 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, Deutsche Lufthansa autocorrelation shows the relationship between Deutsche Lufthansa otc stock current value and its past values and can show if there is a momentum factor associated with investing in Deutsche Lufthansa AG.
Regressed Prices |
| Timeline |
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When running Deutsche Lufthansa's price analysis, check to measure Deutsche Lufthansa'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 Deutsche Lufthansa is operating at the current time. Most of Deutsche Lufthansa's value examination focuses on studying past and present price action to predict the probability of Deutsche Lufthansa's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Deutsche Lufthansa's price. Additionally, you may evaluate how the addition of Deutsche Lufthansa to your portfolios can decrease your overall portfolio volatility.