Doppler SA (Greece) Market Value
| DOPPLER Stock | EUR 0.58 0.02 3.57% |
| Symbol | Doppler |
Doppler SA '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 Doppler SA'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 Doppler SA.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Doppler SA on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Doppler SA or generate 0.0% return on investment in Doppler SA over 30 days. Doppler SA is related to or competes with Flexopack Socit, Papoutsanis, Avax SA, Thessaloniki Port, and Karelia Tobacco. Doppler S.A. designs, sells, installs, maintains, and services lifts and lift components worldwide More
Doppler SA 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 Doppler SA'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 Doppler SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 14.86 | |||
| Value At Risk | (8.70) | |||
| Potential Upside | 3.64 |
Doppler SA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Doppler SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Doppler SA's standard deviation. In reality, there are many statistical measures that can use Doppler SA historical prices to predict the future Doppler SA's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.31) | |||
| Total Risk Alpha | (0.83) | |||
| Treynor Ratio | 1.3 |
Doppler SA Backtested Returns
Doppler SA secures Sharpe Ratio (or Efficiency) of -0.0658, which denotes the company had a -0.0658% return per unit of risk over the last 3 months. Doppler SA exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Doppler SA's Variance of 9.57, mean deviation of 1.77, and Standard Deviation of 3.09 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.26, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Doppler SA are expected to decrease at a much lower rate. During the bear market, Doppler SA is likely to outperform the market. At this point, Doppler SA has a negative expected return of -0.2%. Please make sure to confirm Doppler SA's jensen alpha, skewness, as well as the relationship between the Skewness and day median price , to decide if Doppler SA performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.61 |
Good predictability
Doppler SA has good predictability. Overlapping area represents the amount of predictability between Doppler SA time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 Doppler SA price movement. The serial correlation of 0.61 indicates that roughly 61.0% of current Doppler SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.61 | |
| Spearman Rank Test | 0.65 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Doppler SA lagged returns against current returns
Autocorrelation, which is Doppler SA 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 Doppler SA's stock expected returns. We can calculate the autocorrelation of Doppler SA returns to help us make a trade decision. For example, suppose you find that Doppler SA 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 |
Doppler SA 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 Doppler SA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Doppler SA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Doppler SA stock over time.
Current vs Lagged Prices |
| Timeline |
Doppler SA Lagged Returns
When evaluating Doppler SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Doppler SA stock have on its future price. Doppler SA 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, Doppler SA autocorrelation shows the relationship between Doppler SA stock current value and its past values and can show if there is a momentum factor associated with investing in Doppler SA.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Doppler Stock Analysis
When running Doppler SA's price analysis, check to measure Doppler SA's 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 Doppler SA is operating at the current time. Most of Doppler SA's value examination focuses on studying past and present price action to predict the probability of Doppler SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Doppler SA's price. Additionally, you may evaluate how the addition of Doppler SA to your portfolios can decrease your overall portfolio volatility.