DiaSorin SpA's market value is the price at which a share of DiaSorin SpA trades on a public exchange. It measures the collective expectations of DiaSorin SpA investors about its performance. DiaSorin SpA is trading at 102.64 as of the 1st of February 2025. This is a 3.94% down since the beginning of the trading day. The stock's lowest day price was 102.64. With this module, you can estimate the performance of a buy and hold strategy of DiaSorin SpA and determine expected loss or profit from investing in DiaSorin SpA over a given investment horizon. Check out DiaSorin SpA Correlation, DiaSorin SpA Volatility and DiaSorin SpA Alpha and Beta module to complement your research on DiaSorin SpA.
Please note, there is a significant difference between DiaSorin SpA's value and its price as these two are different measures arrived at by different means. Investors typically determine if DiaSorin SpA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DiaSorin SpA's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
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.
0.00
08/05/2024
No Change 0.00
0.0
In 5 months and 30 days
02/01/2025
0.00
If you would invest 0.00 in DiaSorin SpA on August 5, 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 180 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.
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.
DiaSorin SpA secures Sharpe Ratio (or Efficiency) of -0.14, which denotes the company had a -0.14 % return per unit of standard deviation over the last 3 months. DiaSorin SpA exposes twenty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm DiaSorin SpA's Coefficient Of Variation of 2367.29, standard deviation of 1.13, and Mean Deviation of 0.266 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.0578, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning DiaSorin SpA are expected to decrease at a much lower rate. During the bear market, DiaSorin SpA is likely to outperform the market. At this point, DiaSorin SpA has a negative expected return of -0.0763%. Please make sure to confirm DiaSorin SpA's total risk alpha, and the relationship between the standard deviation and daily balance of power , to decide if DiaSorin SpA performance from the past will be repeated at some point in the near future.
Auto-correlation
-0.29
Weak reverse predictability
DiaSorin SpA has weak reverse predictability. Overlapping area represents the amount of predictability between DiaSorin SpA time series from 5th of August 2024 to 3rd of November 2024 and 3rd of November 2024 to 1st of February 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 DiaSorin SpA price movement. The serial correlation of -0.29 indicates that nearly 29.0% of current DiaSorin SpA price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.29
Spearman Rank Test
-0.69
Residual Average
0.0
Price Variance
3.14
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.
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.