DO Aktiengesellscha (Austria) Market Value
| DOC Stock | EUR 164.00 4.80 3.02% |
| Symbol | DOC |
DO Aktiengesellscha '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 DO Aktiengesellscha'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 DO Aktiengesellscha.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in DO Aktiengesellscha on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding DO Aktiengesellschaft or generate 0.0% return on investment in DO Aktiengesellscha over 30 days. DO Aktiengesellscha is related to or competes with Lenzing Aktiengesellscha, Schoeller Bleckmann, Andritz AG, Voestalpine, and IMMOFINANZ. More
DO Aktiengesellscha 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 DO Aktiengesellscha'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 DO Aktiengesellschaft upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.02 | |||
| Information Ratio | 0.0166 | |||
| Maximum Drawdown | 19.83 | |||
| Value At Risk | (3.07) | |||
| Potential Upside | 3.77 |
DO Aktiengesellscha Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for DO Aktiengesellscha's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as DO Aktiengesellscha's standard deviation. In reality, there are many statistical measures that can use DO Aktiengesellscha historical prices to predict the future DO Aktiengesellscha's volatility.| Risk Adjusted Performance | 0.0548 | |||
| Jensen Alpha | 0.1414 | |||
| Total Risk Alpha | (0.25) | |||
| Sortino Ratio | 0.0226 | |||
| Treynor Ratio | 0.9474 |
DO Aktiengesellschaft Backtested Returns
DO Aktiengesellscha is very steady at the moment. DO Aktiengesellschaft retains Efficiency (Sharpe Ratio) of 0.0582, which denotes the company had a 0.0582% return per unit of price deviation over the last 3 months. We have found twenty-nine technical indicators for DO Aktiengesellscha, which you can use to evaluate the volatility of the firm. Please confirm DO Aktiengesellscha's Standard Deviation of 2.75, market risk adjusted performance of 0.9574, and Downside Deviation of 2.02 to check if the risk estimate we provide is consistent with the expected return of 0.16%. DO Aktiengesellscha has a performance score of 4 on a scale of 0 to 100. The firm owns a Beta (Systematic Risk) of 0.17, which means not very significant fluctuations relative to the market. As returns on the market increase, DO Aktiengesellscha's returns are expected to increase less than the market. However, during the bear market, the loss of holding DO Aktiengesellscha is expected to be smaller as well. DO Aktiengesellschaft today owns a risk of 2.77%. Please confirm DO Aktiengesellschaft value at risk, daily balance of power, and the relationship between the total risk alpha and expected short fall , to decide if DO Aktiengesellschaft will be following its current price history.
Auto-correlation | -0.44 |
Modest reverse predictability
DO Aktiengesellschaft has modest reverse predictability. Overlapping area represents the amount of predictability between DO Aktiengesellscha time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th 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 DO Aktiengesellschaft price movement. The serial correlation of -0.44 indicates that just about 44.0% of current DO Aktiengesellscha price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.44 | |
| Spearman Rank Test | 0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 41.35 |
DO Aktiengesellschaft lagged returns against current returns
Autocorrelation, which is DO Aktiengesellscha 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 DO Aktiengesellscha's stock expected returns. We can calculate the autocorrelation of DO Aktiengesellscha returns to help us make a trade decision. For example, suppose you find that DO Aktiengesellscha 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 |
DO Aktiengesellscha 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 DO Aktiengesellscha stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if DO Aktiengesellscha stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in DO Aktiengesellscha stock over time.
Current vs Lagged Prices |
| Timeline |
DO Aktiengesellscha Lagged Returns
When evaluating DO Aktiengesellscha's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of DO Aktiengesellscha stock have on its future price. DO Aktiengesellscha 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, DO Aktiengesellscha autocorrelation shows the relationship between DO Aktiengesellscha stock current value and its past values and can show if there is a momentum factor associated with investing in DO Aktiengesellschaft.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in DOC Stock
DO Aktiengesellscha financial ratios help investors to determine whether DOC 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 DOC with respect to the benefits of owning DO Aktiengesellscha security.