DEVRY EDUCATION (Germany) Market Value
| DVY Stock | EUR 85.50 1.50 1.79% |
| Symbol | DEVRY |
DEVRY EDUCATION '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 DEVRY EDUCATION'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 DEVRY EDUCATION.
| 10/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in DEVRY EDUCATION on October 24, 2024 and sell it all today you would earn a total of 0.00 from holding DEVRY EDUCATION GRP or generate 0.0% return on investment in DEVRY EDUCATION over 30 days. DEVRY EDUCATION is related to or competes with Insteel Industries, GFL ENVIRONM, VARIOUS EATERIES, British American, Japan Tobacco, and Nippon Steel. More
DEVRY EDUCATION 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 DEVRY EDUCATION'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 DEVRY EDUCATION GRP upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.15 | |||
| Information Ratio | 0.115 | |||
| Maximum Drawdown | 18.44 | |||
| Value At Risk | (2.33) | |||
| Potential Upside | 3.7 |
DEVRY EDUCATION Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for DEVRY EDUCATION's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as DEVRY EDUCATION's standard deviation. In reality, there are many statistical measures that can use DEVRY EDUCATION historical prices to predict the future DEVRY EDUCATION's volatility.| Risk Adjusted Performance | 0.1267 | |||
| Jensen Alpha | 0.261 | |||
| Total Risk Alpha | 0.0591 | |||
| Sortino Ratio | 0.1401 | |||
| Treynor Ratio | 0.2862 |
DEVRY EDUCATION GRP Backtested Returns
DEVRY EDUCATION appears to be very steady, given 3 months investment horizon. DEVRY EDUCATION GRP secures Sharpe Ratio (or Efficiency) of 0.15, which denotes the company had a 0.15% return per unit of volatility over the last 3 months. We have found thirty technical indicators for DEVRY EDUCATION GRP, which you can use to evaluate the volatility of the firm. Please utilize DEVRY EDUCATION's Mean Deviation of 1.63, market risk adjusted performance of 0.2962, and Downside Deviation of 2.15 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, DEVRY EDUCATION holds a performance score of 11. The firm shows a Beta (market volatility) of 1.4, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, DEVRY EDUCATION will likely underperform. Please check DEVRY EDUCATION'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 DEVRY EDUCATION's price patterns will revert.
Auto-correlation | -0.17 |
Insignificant reverse predictability
DEVRY EDUCATION GRP has insignificant reverse predictability. Overlapping area represents the amount of predictability between DEVRY EDUCATION time series from 24th of October 2024 to 8th of November 2024 and 8th of November 2024 to 23rd 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 DEVRY EDUCATION GRP price movement. The serial correlation of -0.17 indicates that over 17.0% of current DEVRY EDUCATION price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.17 | |
| Spearman Rank Test | 0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 2.17 |
DEVRY EDUCATION GRP lagged returns against current returns
Autocorrelation, which is DEVRY EDUCATION 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 DEVRY EDUCATION's stock expected returns. We can calculate the autocorrelation of DEVRY EDUCATION returns to help us make a trade decision. For example, suppose you find that DEVRY EDUCATION 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 |
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DEVRY EDUCATION 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 DEVRY EDUCATION stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if DEVRY EDUCATION stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in DEVRY EDUCATION stock over time.
Current vs Lagged Prices |
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DEVRY EDUCATION Lagged Returns
When evaluating DEVRY EDUCATION's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of DEVRY EDUCATION stock have on its future price. DEVRY EDUCATION 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, DEVRY EDUCATION autocorrelation shows the relationship between DEVRY EDUCATION stock current value and its past values and can show if there is a momentum factor associated with investing in DEVRY EDUCATION GRP.
Regressed Prices |
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Thematic Opportunities
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Additional Tools for DEVRY Stock Analysis
When running DEVRY EDUCATION's price analysis, check to measure DEVRY EDUCATION'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 DEVRY EDUCATION is operating at the current time. Most of DEVRY EDUCATION's value examination focuses on studying past and present price action to predict the probability of DEVRY EDUCATION's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DEVRY EDUCATION's price. Additionally, you may evaluate how the addition of DEVRY EDUCATION to your portfolios can decrease your overall portfolio volatility.