Dassault Systemes (France) Market Value
| DSY Stock | EUR 32.99 0.63 1.95% |
| Symbol | Dassault |
Dassault Systemes '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 Dassault Systemes' 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 Dassault Systemes.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Dassault Systemes on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Dassault Systemes SE or generate 0.0% return on investment in Dassault Systemes over 30 days. Dassault Systemes is related to or competes with Thales SA, Safran SA, Air Liquide, Capgemini, and Pernod Ricard. Dassault Systmes SE provides software solutions and services worldwide More
Dassault Systemes 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 Dassault Systemes' 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 Dassault Systemes SE upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 7.02 | |||
| Value At Risk | (2.76) | |||
| Potential Upside | 2.46 |
Dassault Systemes Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dassault Systemes' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dassault Systemes' standard deviation. In reality, there are many statistical measures that can use Dassault Systemes historical prices to predict the future Dassault Systemes' volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.30) | |||
| Treynor Ratio | (0.08) |
Dassault Systemes Backtested Returns
Dassault Systemes secures Sharpe Ratio (or Efficiency) of -0.0299, which denotes the company had a -0.0299% return per unit of risk over the last 3 months. Dassault Systemes SE exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dassault Systemes' Standard Deviation of 1.59, mean deviation of 1.24, and Variance of 2.54 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.69, which means possible diversification benefits within a given portfolio. As returns on the market increase, Dassault Systemes' returns are expected to increase less than the market. However, during the bear market, the loss of holding Dassault Systemes is expected to be smaller as well. At this point, Dassault Systemes has a negative expected return of -0.0481%. Please make sure to confirm Dassault Systemes' skewness, as well as the relationship between the rate of daily change and price action indicator , to decide if Dassault Systemes performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.39 |
Below average predictability
Dassault Systemes SE has below average predictability. Overlapping area represents the amount of predictability between Dassault Systemes time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 Dassault Systemes price movement. The serial correlation of 0.39 indicates that just about 39.0% of current Dassault Systemes price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.39 | |
| Spearman Rank Test | -0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 0.2 |
Dassault Systemes lagged returns against current returns
Autocorrelation, which is Dassault Systemes 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 Dassault Systemes' stock expected returns. We can calculate the autocorrelation of Dassault Systemes returns to help us make a trade decision. For example, suppose you find that Dassault Systemes 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 |
Dassault Systemes 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 Dassault Systemes stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dassault Systemes stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dassault Systemes stock over time.
Current vs Lagged Prices |
| Timeline |
Dassault Systemes Lagged Returns
When evaluating Dassault Systemes' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dassault Systemes stock have on its future price. Dassault Systemes 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, Dassault Systemes autocorrelation shows the relationship between Dassault Systemes stock current value and its past values and can show if there is a momentum factor associated with investing in Dassault Systemes SE.
Regressed Prices |
| Timeline |
Also Currently Popular
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 Dassault Stock
Dassault Systemes financial ratios help investors to determine whether Dassault 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 Dassault with respect to the benefits of owning Dassault Systemes security.