Derwent London (UK) Market Value
| DLN Stock | 2,110 50.00 2.43% |
| Symbol | Derwent |
Derwent London '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 Derwent London'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 Derwent London.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Derwent London on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Derwent London PLC or generate 0.0% return on investment in Derwent London over 30 days. Derwent London is related to or competes with Arrow Electronics, STMicroelectronics, Datagroup, Ashtead Technology, Auto Trader, Spotify Technology, and Public Storage. Derwent London is entity of United Kingdom More
Derwent London 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 Derwent London'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 Derwent London PLC upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.22) | |||
| Maximum Drawdown | 7.03 | |||
| Value At Risk | (2.38) | |||
| Potential Upside | 1.8 |
Derwent London Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Derwent London's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Derwent London's standard deviation. In reality, there are many statistical measures that can use Derwent London historical prices to predict the future Derwent London's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.40) | |||
| Treynor Ratio | (4.80) |
Derwent London PLC Backtested Returns
Derwent London PLC secures Sharpe Ratio (or Efficiency) of -0.13, which denotes the company had a -0.13% return per unit of risk over the last 3 months. Derwent London PLC exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Derwent London's Variance of 1.84, mean deviation of 1.04, and Standard Deviation of 1.36 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.0379, which means not very significant fluctuations relative to the market. As returns on the market increase, Derwent London's returns are expected to increase less than the market. However, during the bear market, the loss of holding Derwent London is expected to be smaller as well. At this point, Derwent London PLC has a negative expected return of -0.18%. Please make sure to confirm Derwent London's maximum drawdown, kurtosis, day median price, as well as the relationship between the potential upside and daily balance of power , to decide if Derwent London PLC performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.55 |
Modest predictability
Derwent London PLC has modest predictability. Overlapping area represents the amount of predictability between Derwent London 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 Derwent London PLC price movement. The serial correlation of 0.55 indicates that about 55.0% of current Derwent London price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.55 | |
| Spearman Rank Test | 0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 786.25 |
Derwent London PLC lagged returns against current returns
Autocorrelation, which is Derwent London 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 Derwent London's stock expected returns. We can calculate the autocorrelation of Derwent London returns to help us make a trade decision. For example, suppose you find that Derwent London 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 |
Derwent London 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 Derwent London stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Derwent London stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Derwent London stock over time.
Current vs Lagged Prices |
| Timeline |
Derwent London Lagged Returns
When evaluating Derwent London's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Derwent London stock have on its future price. Derwent London 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, Derwent London autocorrelation shows the relationship between Derwent London stock current value and its past values and can show if there is a momentum factor associated with investing in Derwent London PLC.
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 Derwent Stock
Derwent London financial ratios help investors to determine whether Derwent 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 Derwent with respect to the benefits of owning Derwent London security.