Deutsche Wohnen (Germany) Market Value
| DWNI Stock | EUR 24.25 1.45 6.36% |
| Symbol | Deutsche |
Deutsche Wohnen '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 Deutsche Wohnen'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 Deutsche Wohnen.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Deutsche Wohnen on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Deutsche Wohnen SE or generate 0.0% return on investment in Deutsche Wohnen over 30 days. Deutsche Wohnen is related to or competes with Park Hotels, Evolution Mining, MCEWEN MINING, Darden Restaurants, SWISS WATER, and Host Hotels. Deutsche Wohnen SE, a residential property company, develops and manages residential properties in Germany and Europe More
Deutsche Wohnen 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 Deutsche Wohnen'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 Deutsche Wohnen SE upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.45 | |||
| Information Ratio | 0.0281 | |||
| Maximum Drawdown | 23.14 | |||
| Value At Risk | (2.23) | |||
| Potential Upside | 2.4 |
Deutsche Wohnen Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Deutsche Wohnen's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Deutsche Wohnen's standard deviation. In reality, there are many statistical measures that can use Deutsche Wohnen historical prices to predict the future Deutsche Wohnen's volatility.| Risk Adjusted Performance | 0.0626 | |||
| Jensen Alpha | 0.2045 | |||
| Total Risk Alpha | (0.25) | |||
| Sortino Ratio | 0.0562 | |||
| Treynor Ratio | (5.79) |
Deutsche Wohnen SE Backtested Returns
Deutsche Wohnen appears to be not too volatile, given 3 months investment horizon. Deutsche Wohnen SE secures Sharpe Ratio (or Efficiency) of 0.0748, which denotes the company had a 0.0748% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Deutsche Wohnen SE, which you can use to evaluate the volatility of the firm. Please utilize Deutsche Wohnen's Downside Deviation of 1.45, coefficient of variation of 1382.83, and Mean Deviation of 1.52 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Deutsche Wohnen holds a performance score of 5. The firm shows a Beta (market volatility) of -0.0346, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Deutsche Wohnen are expected to decrease at a much lower rate. During the bear market, Deutsche Wohnen is likely to outperform the market. Please check Deutsche Wohnen's total risk alpha, treynor ratio, value at risk, as well as the relationship between the sortino ratio and maximum drawdown , to make a quick decision on whether Deutsche Wohnen's price patterns will revert.
Auto-correlation | 0.66 |
Good predictability
Deutsche Wohnen SE has good predictability. Overlapping area represents the amount of predictability between Deutsche Wohnen 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 Deutsche Wohnen SE price movement. The serial correlation of 0.66 indicates that around 66.0% of current Deutsche Wohnen price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.66 | |
| Spearman Rank Test | -0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.24 |
Deutsche Wohnen SE lagged returns against current returns
Autocorrelation, which is Deutsche Wohnen 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 Deutsche Wohnen's stock expected returns. We can calculate the autocorrelation of Deutsche Wohnen returns to help us make a trade decision. For example, suppose you find that Deutsche Wohnen 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 |
Deutsche Wohnen 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 Deutsche Wohnen stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Deutsche Wohnen stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Deutsche Wohnen stock over time.
Current vs Lagged Prices |
| Timeline |
Deutsche Wohnen Lagged Returns
When evaluating Deutsche Wohnen's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Deutsche Wohnen stock have on its future price. Deutsche Wohnen 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, Deutsche Wohnen autocorrelation shows the relationship between Deutsche Wohnen stock current value and its past values and can show if there is a momentum factor associated with investing in Deutsche Wohnen SE.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Deutsche Stock
Deutsche Wohnen financial ratios help investors to determine whether Deutsche 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 Deutsche with respect to the benefits of owning Deutsche Wohnen security.