Domiki Kritis (Greece) Market Value
| DOMIK Stock | EUR 2.87 0.07 2.50% |
| Symbol | Domiki |
Domiki Kritis '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 Domiki Kritis' 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 Domiki Kritis.
| 09/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Domiki Kritis on September 29, 2024 and sell it all today you would earn a total of 0.00 from holding Domiki Kritis SA or generate 0.0% return on investment in Domiki Kritis over 60 days. Domiki Kritis is related to or competes with Intracom Holdings, Intralot, Intracom Constructions, Ekter SA, and Avax SA. Domiki Kritis S.A. engages in the construction of public and private infrastructure projects in Greece More
Domiki Kritis 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 Domiki Kritis' 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 Domiki Kritis SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 13.35 | |||
| Value At Risk | (4.43) | |||
| Potential Upside | 5.13 |
Domiki Kritis Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Domiki Kritis' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Domiki Kritis' standard deviation. In reality, there are many statistical measures that can use Domiki Kritis historical prices to predict the future Domiki Kritis' volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.30) | |||
| Total Risk Alpha | (0.71) | |||
| Treynor Ratio | 2.48 |
Domiki Kritis SA Backtested Returns
Domiki Kritis SA secures Sharpe Ratio (or Efficiency) of -0.14, which denotes the company had a -0.14% return per unit of risk over the last 3 months. Domiki Kritis SA exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Domiki Kritis' Mean Deviation of 1.92, variance of 6.76, and Standard Deviation of 2.6 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.13, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Domiki Kritis are expected to decrease at a much lower rate. During the bear market, Domiki Kritis is likely to outperform the market. At this point, Domiki Kritis SA has a negative expected return of -0.35%. Please make sure to confirm Domiki Kritis' treynor ratio, as well as the relationship between the kurtosis and day median price , to decide if Domiki Kritis SA performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.43 |
Modest reverse predictability
Domiki Kritis SA has modest reverse predictability. Overlapping area represents the amount of predictability between Domiki Kritis time series from 29th of September 2024 to 29th of October 2024 and 29th of October 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 Domiki Kritis SA price movement. The serial correlation of -0.43 indicates that just about 43.0% of current Domiki Kritis price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.43 | |
| Spearman Rank Test | -0.59 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Domiki Kritis SA lagged returns against current returns
Autocorrelation, which is Domiki Kritis 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 Domiki Kritis' stock expected returns. We can calculate the autocorrelation of Domiki Kritis returns to help us make a trade decision. For example, suppose you find that Domiki Kritis 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 |
Domiki Kritis 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 Domiki Kritis stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Domiki Kritis stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Domiki Kritis stock over time.
Current vs Lagged Prices |
| Timeline |
Domiki Kritis Lagged Returns
When evaluating Domiki Kritis' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Domiki Kritis stock have on its future price. Domiki Kritis 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, Domiki Kritis autocorrelation shows the relationship between Domiki Kritis stock current value and its past values and can show if there is a momentum factor associated with investing in Domiki Kritis SA.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Domiki Stock
Domiki Kritis financial ratios help investors to determine whether Domiki 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 Domiki with respect to the benefits of owning Domiki Kritis security.