Dampskibsselskabet Norden As Stock Market Value
| DPBSF Stock | USD 40.00 0.00 0.00% |
| Symbol | Dampskibsselskabet |
Dampskibsselskabet '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 Dampskibsselskabet's otc 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 Dampskibsselskabet.
| 07/01/2025 |
| 12/28/2025 |
If you would invest 0.00 in Dampskibsselskabet on July 1, 2025 and sell it all today you would earn a total of 0.00 from holding Dampskibsselskabet Norden AS or generate 0.0% return on investment in Dampskibsselskabet over 180 days. Dampskibsselskabet is related to or competes with Irish Continental, Westshore Terminals, COSCO SHIPPING, MPC Container, Nisshinbo Holdings, Alliance Global, and Tianjin Capital. Dampskibsselskabet NORDEN AS, a shipping company, owns and operates dry cargo and tanker vessels worldwide More
Dampskibsselskabet 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 Dampskibsselskabet's otc 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 Dampskibsselskabet Norden AS upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0961 | |||
| Maximum Drawdown | 7.75 |
Dampskibsselskabet Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dampskibsselskabet's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dampskibsselskabet's standard deviation. In reality, there are many statistical measures that can use Dampskibsselskabet historical prices to predict the future Dampskibsselskabet's volatility.| Risk Adjusted Performance | 0.1247 | |||
| Jensen Alpha | 0.1883 | |||
| Total Risk Alpha | 0.0628 | |||
| Treynor Ratio | (2.39) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Dampskibsselskabet's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Dampskibsselskabet Backtested Returns
At this point, Dampskibsselskabet is very steady. Dampskibsselskabet secures Sharpe Ratio (or Efficiency) of 0.17, which denotes the company had a 0.17 % return per unit of risk over the last 3 months. We have found seventeen technical indicators for Dampskibsselskabet Norden AS, which you can use to evaluate the volatility of the firm. Please confirm Dampskibsselskabet's Mean Deviation of 0.373, variance of 1.25, and Standard Deviation of 1.12 to check if the risk estimate we provide is consistent with the expected return of 0.19%. Dampskibsselskabet has a performance score of 13 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.0764, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Dampskibsselskabet are expected to decrease at a much lower rate. During the bear market, Dampskibsselskabet is likely to outperform the market. Dampskibsselskabet right now shows a risk of 1.12%. Please confirm Dampskibsselskabet standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and day median price , to decide if Dampskibsselskabet will be following its price patterns.
Auto-correlation | 0.62 |
Good predictability
Dampskibsselskabet Norden AS has good predictability. Overlapping area represents the amount of predictability between Dampskibsselskabet time series from 1st of July 2025 to 29th of September 2025 and 29th of September 2025 to 28th of December 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Dampskibsselskabet price movement. The serial correlation of 0.62 indicates that roughly 62.0% of current Dampskibsselskabet price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.62 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 2.06 |
Dampskibsselskabet lagged returns against current returns
Autocorrelation, which is Dampskibsselskabet otc 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 Dampskibsselskabet's otc stock expected returns. We can calculate the autocorrelation of Dampskibsselskabet returns to help us make a trade decision. For example, suppose you find that Dampskibsselskabet has exhibited high autocorrelation historically, and you observe that the otc 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 |
Dampskibsselskabet 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 Dampskibsselskabet otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dampskibsselskabet otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dampskibsselskabet otc stock over time.
Current vs Lagged Prices |
| Timeline |
Dampskibsselskabet Lagged Returns
When evaluating Dampskibsselskabet's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dampskibsselskabet otc stock have on its future price. Dampskibsselskabet 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, Dampskibsselskabet autocorrelation shows the relationship between Dampskibsselskabet otc stock current value and its past values and can show if there is a momentum factor associated with investing in Dampskibsselskabet Norden AS.
Regressed Prices |
| Timeline |
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Other Information on Investing in Dampskibsselskabet OTC Stock
Dampskibsselskabet financial ratios help investors to determine whether Dampskibsselskabet OTC 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 Dampskibsselskabet with respect to the benefits of owning Dampskibsselskabet security.