DORO AB (Sweden) Market Value
| DORO Stock | SEK 32.80 0.10 0.31% |
| Symbol | DORO |
DORO AB '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 DORO AB'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 DORO AB.
| 09/02/2024 |
| 12/01/2024 |
If you would invest 0.00 in DORO AB on September 2, 2024 and sell it all today you would earn a total of 0.00 from holding DORO AB or generate 0.0% return on investment in DORO AB over 90 days. DORO AB is related to or competes with Novotek AB, Addnode Group, Softronic, and CTT Systems. Doro AB develops telecom products and services for seniors More
DORO AB 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 DORO AB'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 DORO AB upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.38 | |||
| Information Ratio | 0.0719 | |||
| Maximum Drawdown | 38.56 | |||
| Value At Risk | (2.38) | |||
| Potential Upside | 4.12 |
DORO AB Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for DORO AB's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as DORO AB's standard deviation. In reality, there are many statistical measures that can use DORO AB historical prices to predict the future DORO AB's volatility.| Risk Adjusted Performance | 0.0853 | |||
| Jensen Alpha | 0.4372 | |||
| Total Risk Alpha | (0.33) | |||
| Sortino Ratio | 0.1453 | |||
| Treynor Ratio | 1.65 |
DORO AB Backtested Returns
DORO AB appears to be not too volatile, given 3 months investment horizon. DORO AB secures Sharpe Ratio (or Efficiency) of 0.085, which denotes the company had a 0.085% return per unit of volatility over the last 3 months. We have found thirty technical indicators for DORO AB, which you can use to evaluate the volatility of the firm. Please utilize DORO AB's Market Risk Adjusted Performance of 1.66, downside deviation of 2.38, and Mean Deviation of 1.71 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, DORO AB holds a performance score of 6. The firm shows a Beta (market volatility) of 0.29, which means not very significant fluctuations relative to the market. As returns on the market increase, DORO AB's returns are expected to increase less than the market. However, during the bear market, the loss of holding DORO AB is expected to be smaller as well. Please check DORO AB's jensen alpha, sortino ratio, maximum drawdown, as well as the relationship between the total risk alpha and treynor ratio , to make a quick decision on whether DORO AB's price patterns will revert.
Auto-correlation | -0.75 |
Almost perfect reverse predictability
DORO AB has almost perfect reverse predictability. Overlapping area represents the amount of predictability between DORO AB time series from 2nd of September 2024 to 17th of October 2024 and 17th of October 2024 to 1st 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 DORO AB price movement. The serial correlation of -0.75 indicates that around 75.0% of current DORO AB price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.75 | |
| Spearman Rank Test | -0.48 | |
| Residual Average | 0.0 | |
| Price Variance | 0.23 |
DORO AB lagged returns against current returns
Autocorrelation, which is DORO AB 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 DORO AB's stock expected returns. We can calculate the autocorrelation of DORO AB returns to help us make a trade decision. For example, suppose you find that DORO AB 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 |
DORO AB 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 DORO AB stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if DORO AB stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in DORO AB stock over time.
Current vs Lagged Prices |
| Timeline |
DORO AB Lagged Returns
When evaluating DORO AB's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of DORO AB stock have on its future price. DORO AB 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, DORO AB autocorrelation shows the relationship between DORO AB stock current value and its past values and can show if there is a momentum factor associated with investing in DORO AB.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for DORO Stock Analysis
When running DORO AB's price analysis, check to measure DORO AB'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 DORO AB is operating at the current time. Most of DORO AB's value examination focuses on studying past and present price action to predict the probability of DORO AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DORO AB's price. Additionally, you may evaluate how the addition of DORO AB to your portfolios can decrease your overall portfolio volatility.