Diasorin Spa Stock Market Value
| DSRLF Stock | USD 106.85 0.32 0.30% |
| Symbol | DiaSorin |
DiaSorin SpA '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 DiaSorin SpA's pink sheet 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 DiaSorin SpA.
| 11/18/2024 |
| 12/18/2024 |
If you would invest 0.00 in DiaSorin SpA on November 18, 2024 and sell it all today you would earn a total of 0.00 from holding DiaSorin SpA or generate 0.0% return on investment in DiaSorin SpA over 30 days. DiaSorin SpA is related to or competes with Mettler Toledo, Waters, Sotera Health, Charles River, ICON PLC, IDEXX Laboratories, and IQVIA Holdings. DiaSorin S.p.A. develops, manufactures, and distributes immunodiagnostics and molecular diagnostics testing kits in Euro... More
DiaSorin SpA 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 DiaSorin SpA's pink sheet 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 DiaSorin SpA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0392 | |||
| Maximum Drawdown | 9.48 |
DiaSorin SpA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for DiaSorin SpA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as DiaSorin SpA's standard deviation. In reality, there are many statistical measures that can use DiaSorin SpA historical prices to predict the future DiaSorin SpA's volatility.| Risk Adjusted Performance | 0.0797 | |||
| Jensen Alpha | 0.0884 | |||
| Total Risk Alpha | 0.0167 | |||
| Treynor Ratio | 0.623 |
DiaSorin SpA Backtested Returns
At this point, DiaSorin SpA is very steady. DiaSorin SpA secures Sharpe Ratio (or Efficiency) of 0.11, which denotes the company had a 0.11% return per unit of standard deviation over the last 3 months. We have found nineteen technical indicators for DiaSorin SpA, which you can use to evaluate the volatility of the firm. Please confirm DiaSorin SpA's Standard Deviation of 1.01, coefficient of variation of 943.11, and Mean Deviation of 0.2624 to check if the risk estimate we provide is consistent with the expected return of 0.11%. DiaSorin SpA has a performance score of 8 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.16, which means not very significant fluctuations relative to the market. As returns on the market increase, DiaSorin SpA's returns are expected to increase less than the market. However, during the bear market, the loss of holding DiaSorin SpA is expected to be smaller as well. DiaSorin SpA right now shows a risk of 1.03%. Please confirm DiaSorin SpA total risk alpha, and the relationship between the standard deviation and rate of daily change , to decide if DiaSorin SpA will be following its price patterns.
Auto-correlation | 0.00 |
No correlation between past and present
DiaSorin SpA has no correlation between past and present. Overlapping area represents the amount of predictability between DiaSorin SpA time series from 18th of November 2024 to 3rd of December 2024 and 3rd of December 2024 to 18th 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 DiaSorin SpA price movement. The serial correlation of 0.0 indicates that just 0.0% of current DiaSorin SpA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | -0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 0.53 |
DiaSorin SpA lagged returns against current returns
Autocorrelation, which is DiaSorin SpA pink sheet'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 DiaSorin SpA's pink sheet expected returns. We can calculate the autocorrelation of DiaSorin SpA returns to help us make a trade decision. For example, suppose you find that DiaSorin SpA has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
DiaSorin SpA 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 DiaSorin SpA pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if DiaSorin SpA pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in DiaSorin SpA pink sheet over time.
Current vs Lagged Prices |
| Timeline |
DiaSorin SpA Lagged Returns
When evaluating DiaSorin SpA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of DiaSorin SpA pink sheet have on its future price. DiaSorin SpA 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, DiaSorin SpA autocorrelation shows the relationship between DiaSorin SpA pink sheet current value and its past values and can show if there is a momentum factor associated with investing in DiaSorin SpA.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in DiaSorin Pink Sheet
DiaSorin SpA financial ratios help investors to determine whether DiaSorin Pink Sheet 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 DiaSorin with respect to the benefits of owning DiaSorin SpA security.