DSV Panalpina (Denmark) Market Value
| DSV Stock | DKK 1,507 18.50 1.24% |
| Symbol | DSV |
DSV Panalpina '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 DSV Panalpina'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 DSV Panalpina.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in DSV Panalpina on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding DSV Panalpina AS or generate 0.0% return on investment in DSV Panalpina over 540 days. DSV Panalpina is related to or competes with NKT AS, GN Store, and ROCKWOOL International. DSV Panalpina AS provides transport and logistics services in Europe, the Middle East, Africa, North America, South Amer... More
DSV Panalpina 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 DSV Panalpina'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 DSV Panalpina AS upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.07 | |||
| Information Ratio | 0.0914 | |||
| Maximum Drawdown | 12.28 | |||
| Value At Risk | (1.43) | |||
| Potential Upside | 2.66 |
DSV Panalpina Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for DSV Panalpina's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as DSV Panalpina's standard deviation. In reality, there are many statistical measures that can use DSV Panalpina historical prices to predict the future DSV Panalpina's volatility.| Risk Adjusted Performance | 0.1276 | |||
| Jensen Alpha | 0.3326 | |||
| Total Risk Alpha | 0.0053 | |||
| Sortino Ratio | 0.1585 | |||
| Treynor Ratio | (0.70) |
DSV Panalpina AS Backtested Returns
DSV Panalpina appears to be very steady, given 3 months investment horizon. DSV Panalpina AS secures Sharpe Ratio (or Efficiency) of 0.18, which denotes the company had a 0.18% return per unit of volatility over the last 3 months. We have found thirty technical indicators for DSV Panalpina AS, which you can use to evaluate the volatility of the firm. Please utilize DSV Panalpina's Market Risk Adjusted Performance of (0.69), downside deviation of 1.07, and Mean Deviation of 1.17 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, DSV Panalpina holds a performance score of 14. The firm shows a Beta (market volatility) of -0.41, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning DSV Panalpina are expected to decrease at a much lower rate. During the bear market, DSV Panalpina is likely to outperform the market. Please check DSV Panalpina's treynor ratio, downside variance, kurtosis, as well as the relationship between the value at risk and expected short fall , to make a quick decision on whether DSV Panalpina's price patterns will revert.
Auto-correlation | -0.52 |
Good reverse predictability
DSV Panalpina AS has good reverse predictability. Overlapping area represents the amount of predictability between DSV Panalpina time series from 8th of June 2023 to 4th of March 2024 and 4th of March 2024 to 29th 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 DSV Panalpina AS price movement. The serial correlation of -0.52 indicates that about 52.0% of current DSV Panalpina price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.52 | |
| Spearman Rank Test | -0.82 | |
| Residual Average | 0.0 | |
| Price Variance | 29.9 K |
DSV Panalpina AS lagged returns against current returns
Autocorrelation, which is DSV Panalpina 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 DSV Panalpina's stock expected returns. We can calculate the autocorrelation of DSV Panalpina returns to help us make a trade decision. For example, suppose you find that DSV Panalpina 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 |
DSV Panalpina 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 DSV Panalpina stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if DSV Panalpina stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in DSV Panalpina stock over time.
Current vs Lagged Prices |
| Timeline |
DSV Panalpina Lagged Returns
When evaluating DSV Panalpina's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of DSV Panalpina stock have on its future price. DSV Panalpina 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, DSV Panalpina autocorrelation shows the relationship between DSV Panalpina stock current value and its past values and can show if there is a momentum factor associated with investing in DSV Panalpina AS.
Regressed Prices |
| Timeline |
Pair Trading with DSV Panalpina
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if DSV Panalpina position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in DSV Panalpina will appreciate offsetting losses from the drop in the long position's value.Moving together with DSV Stock
Moving against DSV Stock
The ability to find closely correlated positions to DSV Panalpina could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DSV Panalpina when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back DSV Panalpina - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling DSV Panalpina AS to buy it.
The correlation of DSV Panalpina is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as DSV Panalpina moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DSV Panalpina AS moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for DSV Panalpina can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in DSV Stock
DSV Panalpina financial ratios help investors to determine whether DSV 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 DSV with respect to the benefits of owning DSV Panalpina security.