Downing Strategic (UK) Market Value
| DSM Etf | 4.61 0.06 1.32% |
| Symbol | Downing |
Downing Strategic '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 Downing Strategic's etf 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 Downing Strategic.
| 10/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in Downing Strategic on October 24, 2024 and sell it all today you would earn a total of 0.00 from holding Downing Strategic Micro Cap or generate 0.0% return on investment in Downing Strategic over 30 days. Downing Strategic is related to or competes with Scottish Mortgage, Baillie Gifford, CT Private, Blackrock Energy, and . Downing Strategic is entity of United Kingdom More
Downing Strategic 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 Downing Strategic's etf 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 Downing Strategic Micro Cap upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.04 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 30.46 | |||
| Value At Risk | (7.02) | |||
| Potential Upside | 7.24 |
Downing Strategic Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Downing Strategic's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Downing Strategic's standard deviation. In reality, there are many statistical measures that can use Downing Strategic historical prices to predict the future Downing Strategic's volatility.| Risk Adjusted Performance | 0.0145 | |||
| Jensen Alpha | 0.0359 | |||
| Total Risk Alpha | (0.68) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | (0.33) |
Downing Strategic Micro Backtested Returns
At this point, Downing Strategic is unstable. Downing Strategic Micro secures Sharpe Ratio (or Efficiency) of 0.0081, which denotes the etf had a 0.0081% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Downing Strategic Micro Cap, which you can use to evaluate the volatility of the entity. Please confirm Downing Strategic's Coefficient Of Variation of 12362.42, mean deviation of 2.68, and Downside Deviation of 6.04 to check if the risk estimate we provide is consistent with the expected return of 0.0364%. The etf shows a Beta (market volatility) of -0.0788, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Downing Strategic are expected to decrease at a much lower rate. During the bear market, Downing Strategic is likely to outperform the market.
Auto-correlation | 0.24 |
Weak predictability
Downing Strategic Micro Cap has weak predictability. Overlapping area represents the amount of predictability between Downing Strategic time series from 24th of October 2024 to 8th of November 2024 and 8th of November 2024 to 23rd 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 Downing Strategic Micro price movement. The serial correlation of 0.24 indicates that over 24.0% of current Downing Strategic price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.24 | |
| Spearman Rank Test | -0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Downing Strategic Micro lagged returns against current returns
Autocorrelation, which is Downing Strategic etf'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 Downing Strategic's etf expected returns. We can calculate the autocorrelation of Downing Strategic returns to help us make a trade decision. For example, suppose you find that Downing Strategic has exhibited high autocorrelation historically, and you observe that the etf 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 |
Downing Strategic 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 Downing Strategic etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Downing Strategic etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Downing Strategic etf over time.
Current vs Lagged Prices |
| Timeline |
Downing Strategic Lagged Returns
When evaluating Downing Strategic's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Downing Strategic etf have on its future price. Downing Strategic 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, Downing Strategic autocorrelation shows the relationship between Downing Strategic etf current value and its past values and can show if there is a momentum factor associated with investing in Downing Strategic Micro Cap.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Downing Etf
Downing Strategic financial ratios help investors to determine whether Downing Etf 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 Downing with respect to the benefits of owning Downing Strategic security.