Diversified United (Australia) Market Value
| DUI Stock | 5.31 0.01 0.19% |
| Symbol | Diversified |
Diversified United '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 Diversified United'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 Diversified United.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Diversified United on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Diversified United Investment or generate 0.0% return on investment in Diversified United over 30 days. Diversified United is related to or competes with Australian Foundation, GQG Partners, Metrics Master, L1 Long, Wam Leaders, and Australian United. Diversified United is entity of Australia More
Diversified United 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 Diversified United'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 Diversified United Investment upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7166 | |||
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 3.06 | |||
| Value At Risk | (0.96) | |||
| Potential Upside | 0.9579 |
Diversified United Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Diversified United's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Diversified United's standard deviation. In reality, there are many statistical measures that can use Diversified United historical prices to predict the future Diversified United's volatility.| Risk Adjusted Performance | 0.0178 | |||
| Jensen Alpha | 0.0018 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | (0.16) | |||
| Treynor Ratio | 0.1681 |
Diversified United Backtested Returns
Currently, Diversified United Investment is not too volatile. Diversified United secures Sharpe Ratio (or Efficiency) of 0.0628, which denotes the company had a 0.0628% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Diversified United Investment, which you can use to evaluate the volatility of the firm. Please confirm Diversified United's Coefficient Of Variation of 3729.31, downside deviation of 0.7166, and Mean Deviation of 0.4581 to check if the risk estimate we provide is consistent with the expected return of 0.0375%. Diversified United has a performance score of 4 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.0366, which means not very significant fluctuations relative to the market. As returns on the market increase, Diversified United's returns are expected to increase less than the market. However, during the bear market, the loss of holding Diversified United is expected to be smaller as well. Diversified United right now shows a risk of 0.6%. Please confirm Diversified United sortino ratio, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to decide if Diversified United will be following its price patterns.
Auto-correlation | 0.06 |
Virtually no predictability
Diversified United Investment has virtually no predictability. Overlapping area represents the amount of predictability between Diversified United time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th 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 Diversified United price movement. The serial correlation of 0.06 indicates that barely 6.0% of current Diversified United price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.06 | |
| Spearman Rank Test | -0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Diversified United lagged returns against current returns
Autocorrelation, which is Diversified United 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 Diversified United's stock expected returns. We can calculate the autocorrelation of Diversified United returns to help us make a trade decision. For example, suppose you find that Diversified United 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 |
Diversified United 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 Diversified United stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Diversified United stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Diversified United stock over time.
Current vs Lagged Prices |
| Timeline |
Diversified United Lagged Returns
When evaluating Diversified United's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Diversified United stock have on its future price. Diversified United 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, Diversified United autocorrelation shows the relationship between Diversified United stock current value and its past values and can show if there is a momentum factor associated with investing in Diversified United Investment.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Diversified Stock Analysis
When running Diversified United's price analysis, check to measure Diversified United's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Diversified United is operating at the current time. Most of Diversified United's value examination focuses on studying past and present price action to predict the probability of Diversified United's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Diversified United's price. Additionally, you may evaluate how the addition of Diversified United to your portfolios can decrease your overall portfolio volatility.