Dunedin Enterprise (UK) Market Value
| DNE Stock | 497.50 7.50 1.49% |
| Symbol | Dunedin |
Dunedin Enterprise '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 Dunedin Enterprise'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 Dunedin Enterprise.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in Dunedin Enterprise on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding Dunedin Enterprise Investment or generate 0.0% return on investment in Dunedin Enterprise over 720 days. Dunedin Enterprise is related to or competes with Pets At, CAP LEASE, Ecclesiastical Insurance, Wizz Air, Delta Air, and Futura Medical. Dunedin Enterprise is entity of United Kingdom More
Dunedin Enterprise 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 Dunedin Enterprise'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 Dunedin Enterprise Investment upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.09 | |||
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 5.58 | |||
| Value At Risk | (1.49) | |||
| Potential Upside | 1.93 |
Dunedin Enterprise Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dunedin Enterprise's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dunedin Enterprise's standard deviation. In reality, there are many statistical measures that can use Dunedin Enterprise historical prices to predict the future Dunedin Enterprise's volatility.| Risk Adjusted Performance | 0.0074 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | (0.12) | |||
| Treynor Ratio | (0.03) |
Dunedin Enterprise Backtested Returns
Dunedin Enterprise secures Sharpe Ratio (or Efficiency) of -0.0153, which denotes the company had a -0.0153% return per unit of risk over the last 3 months. Dunedin Enterprise Investment exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dunedin Enterprise's Downside Deviation of 1.09, coefficient of variation of 16661.2, and Mean Deviation of 0.7451 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.14, which means not very significant fluctuations relative to the market. As returns on the market increase, Dunedin Enterprise's returns are expected to increase less than the market. However, during the bear market, the loss of holding Dunedin Enterprise is expected to be smaller as well. At this point, Dunedin Enterprise has a negative expected return of -0.0159%. Please make sure to confirm Dunedin Enterprise's maximum drawdown, semi variance, and the relationship between the sortino ratio and potential upside , to decide if Dunedin Enterprise performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.05 |
Very weak reverse predictability
Dunedin Enterprise Investment has very weak reverse predictability. Overlapping area represents the amount of predictability between Dunedin Enterprise time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 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 Dunedin Enterprise price movement. The serial correlation of -0.05 indicates that only as little as 5.0% of current Dunedin Enterprise price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.05 | |
| Spearman Rank Test | 0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 150.71 |
Dunedin Enterprise lagged returns against current returns
Autocorrelation, which is Dunedin Enterprise 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 Dunedin Enterprise's stock expected returns. We can calculate the autocorrelation of Dunedin Enterprise returns to help us make a trade decision. For example, suppose you find that Dunedin Enterprise 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 |
Dunedin Enterprise 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 Dunedin Enterprise stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dunedin Enterprise stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dunedin Enterprise stock over time.
Current vs Lagged Prices |
| Timeline |
Dunedin Enterprise Lagged Returns
When evaluating Dunedin Enterprise's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dunedin Enterprise stock have on its future price. Dunedin Enterprise 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, Dunedin Enterprise autocorrelation shows the relationship between Dunedin Enterprise stock current value and its past values and can show if there is a momentum factor associated with investing in Dunedin Enterprise Investment.
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 Dunedin Stock
Dunedin Enterprise financial ratios help investors to determine whether Dunedin 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 Dunedin with respect to the benefits of owning Dunedin Enterprise security.