Dl Industries Adr Stock Market Value
| DLNDY Stock | USD 2.74 0.32 13.22% |
| Symbol | DLNDY |
DL Industries '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 DL Industries' pink sheet 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 DL Industries.
| 06/05/2024 |
| 12/02/2024 |
If you would invest 0.00 in DL Industries on June 5, 2024 and sell it all today you would earn a total of 0.00 from holding DL Industries ADR or generate 0.0% return on investment in DL Industries over 180 days. DL Industries is related to or competes with Albemarle Corp, Linde Plc, Air Products, and Dupont De. DL Industries, Inc. provides products for food ingredients, oleochemicals for personal and home care use, raw materials ... More
DL Industries 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 DL Industries' pink sheet 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 DL Industries ADR upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.88 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 37.59 | |||
| Value At Risk | (9.26) | |||
| Potential Upside | 10.18 |
DL Industries Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for DL Industries' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as DL Industries' standard deviation. In reality, there are many statistical measures that can use DL Industries historical prices to predict the future DL Industries' volatility.| Risk Adjusted Performance | 0.0234 | |||
| Jensen Alpha | 0.0851 | |||
| Total Risk Alpha | (0.93) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.5775 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of DL Industries' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
DL Industries ADR Backtested Returns
At this stage we consider DLNDY Pink Sheet to be dangerous. DL Industries ADR retains Efficiency (Sharpe Ratio) of 0.0195, which denotes the company had a 0.0195% return per unit of price deviation over the last 3 months. We have found twenty-eight technical indicators for DL Industries, which you can use to evaluate the volatility of the firm. Please confirm DL Industries' Market Risk Adjusted Performance of 0.5875, standard deviation of 6.22, and Downside Deviation of 7.88 to check if the risk estimate we provide is consistent with the expected return of 0.12%. DL Industries has a performance score of 1 on a scale of 0 to 100. The firm owns a Beta (Systematic Risk) of 0.19, which means not very significant fluctuations relative to the market. As returns on the market increase, DL Industries' returns are expected to increase less than the market. However, during the bear market, the loss of holding DL Industries is expected to be smaller as well. DL Industries ADR today owns a risk of 6.32%. Please confirm DL Industries ADR value at risk, and the relationship between the information ratio and kurtosis , to decide if DL Industries ADR will be following its current price history.
Auto-correlation | -0.56 |
Good reverse predictability
DL Industries ADR has good reverse predictability. Overlapping area represents the amount of predictability between DL Industries time series from 5th of June 2024 to 3rd of September 2024 and 3rd of September 2024 to 2nd of December 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 DL Industries ADR price movement. The serial correlation of -0.56 indicates that roughly 56.0% of current DL Industries price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.56 | |
| Spearman Rank Test | -0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
DL Industries ADR lagged returns against current returns
Autocorrelation, which is DL Industries pink sheet'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 DL Industries' pink sheet expected returns. We can calculate the autocorrelation of DL Industries returns to help us make a trade decision. For example, suppose you find that DL Industries has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
DL Industries 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 DL Industries pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if DL Industries pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in DL Industries pink sheet over time.
Current vs Lagged Prices |
| Timeline |
DL Industries Lagged Returns
When evaluating DL Industries' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of DL Industries pink sheet have on its future price. DL Industries 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, DL Industries autocorrelation shows the relationship between DL Industries pink sheet current value and its past values and can show if there is a momentum factor associated with investing in DL Industries ADR.
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.Additional Tools for DLNDY Pink Sheet Analysis
When running DL Industries' price analysis, check to measure DL Industries' 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 DL Industries is operating at the current time. Most of DL Industries' value examination focuses on studying past and present price action to predict the probability of DL Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DL Industries' price. Additionally, you may evaluate how the addition of DL Industries to your portfolios can decrease your overall portfolio volatility.