Duke Energy (Brazil) Market Value
| DUKB34 Stock | BRL 706.49 8.31 1.19% |
| Symbol | Duke |
Duke Energy '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 Duke Energy'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 Duke Energy.
| 06/03/2024 |
| 11/30/2024 |
If you would invest 0.00 in Duke Energy on June 3, 2024 and sell it all today you would earn a total of 0.00 from holding Duke Energy or generate 0.0% return on investment in Duke Energy over 180 days. Duke Energy is related to or competes with Verizon Communications, Beyond Meat, Bemobi Mobile, Apartment Investment, Salesforce, Warner Music, and United Rentals. Duke Energy Corporation, together with its subsidiaries, operates as an energy company in the United States More
Duke Energy 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 Duke Energy'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 Duke Energy upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.1 | |||
| Information Ratio | 0.0552 | |||
| Maximum Drawdown | 10.65 | |||
| Value At Risk | (2.43) | |||
| Potential Upside | 2.47 |
Duke Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Duke Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Duke Energy's standard deviation. In reality, there are many statistical measures that can use Duke Energy historical prices to predict the future Duke Energy's volatility.| Risk Adjusted Performance | 0.1051 | |||
| Jensen Alpha | 0.211 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | 0.0485 | |||
| Treynor Ratio | 1.59 |
Duke Energy Backtested Returns
At this point, Duke Energy is very steady. Duke Energy secures Sharpe Ratio (or Efficiency) of 0.1, which denotes the company had a 0.1% return per unit of risk over the last 3 months. We have found thirty technical indicators for Duke Energy, which you can use to evaluate the volatility of the firm. Please confirm Duke Energy's Downside Deviation of 2.1, mean deviation of 1.2, and Coefficient Of Variation of 770.51 to check if the risk estimate we provide is consistent with the expected return of 0.19%. Duke Energy has a performance score of 8 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.14, which means not very significant fluctuations relative to the market. As returns on the market increase, Duke Energy's returns are expected to increase less than the market. However, during the bear market, the loss of holding Duke Energy is expected to be smaller as well. Duke Energy right now shows a risk of 1.89%. Please confirm Duke Energy coefficient of variation, jensen alpha, sortino ratio, as well as the relationship between the standard deviation and total risk alpha , to decide if Duke Energy will be following its price patterns.
Auto-correlation | 0.47 |
Average predictability
Duke Energy has average predictability. Overlapping area represents the amount of predictability between Duke Energy time series from 3rd of June 2024 to 1st of September 2024 and 1st of September 2024 to 30th 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 Duke Energy price movement. The serial correlation of 0.47 indicates that about 47.0% of current Duke Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.47 | |
| Spearman Rank Test | 0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 578.47 |
Duke Energy lagged returns against current returns
Autocorrelation, which is Duke Energy 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 Duke Energy's stock expected returns. We can calculate the autocorrelation of Duke Energy returns to help us make a trade decision. For example, suppose you find that Duke Energy 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 |
Duke Energy 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 Duke Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Duke Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Duke Energy stock over time.
Current vs Lagged Prices |
| Timeline |
Duke Energy Lagged Returns
When evaluating Duke Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Duke Energy stock have on its future price. Duke Energy 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, Duke Energy autocorrelation shows the relationship between Duke Energy stock current value and its past values and can show if there is a momentum factor associated with investing in Duke Energy.
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.Additional Information and Resources on Investing in Duke Stock
When determining whether Duke Energy is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Duke Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Duke Energy Stock. Highlighted below are key reports to facilitate an investment decision about Duke Energy Stock:Check out Duke Energy Correlation, Duke Energy Volatility and Duke Energy Alpha and Beta module to complement your research on Duke Energy. For information on how to trade Duke Stock refer to our How to Trade Duke Stock guide.You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Duke Energy technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.