Damaris SA (France) Market Value
| MLDAM Stock | EUR 4.00 0.00 0.00% |
| Symbol | Damaris |
Damaris SA '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 Damaris SA'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 Damaris SA.
| 01/23/2024 |
| 01/12/2026 |
If you would invest 0.00 in Damaris SA on January 23, 2024 and sell it all today you would earn a total of 0.00 from holding Damaris SA or generate 0.0% return on investment in Damaris SA over 720 days. Damaris SA is related to or competes with Immersion, VEOM Group, Roctool, ACTEOS SA, GECI International, and Adeunis. Damaris SA designs and publishes software packages for secured document sharing and storage More
Damaris SA 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 Damaris SA'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 Damaris SA upside and downside potential and time the market with a certain degree of confidence.
Damaris SA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Damaris SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Damaris SA's standard deviation. In reality, there are many statistical measures that can use Damaris SA historical prices to predict the future Damaris SA's volatility.Damaris SA Backtested Returns
We have found three technical indicators for Damaris SA, which you can use to evaluate the volatility of the firm. The firm shows a Beta (market volatility) of 0.0, which means not very significant fluctuations relative to the market. the returns on MARKET and Damaris SA are completely uncorrelated.
Auto-correlation | 0.33 |
Below average predictability
Damaris SA has below average predictability. Overlapping area represents the amount of predictability between Damaris SA time series from 23rd of January 2024 to 17th of January 2025 and 17th of January 2025 to 12th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Damaris SA price movement. The serial correlation of 0.33 indicates that nearly 33.0% of current Damaris SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.33 | |
| Spearman Rank Test | -0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 1.45 |
Damaris SA lagged returns against current returns
Autocorrelation, which is Damaris SA 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 Damaris SA's stock expected returns. We can calculate the autocorrelation of Damaris SA returns to help us make a trade decision. For example, suppose you find that Damaris SA 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 |
Damaris SA 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 Damaris SA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Damaris SA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Damaris SA stock over time.
Current vs Lagged Prices |
| Timeline |
Damaris SA Lagged Returns
When evaluating Damaris SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Damaris SA stock have on its future price. Damaris SA 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, Damaris SA autocorrelation shows the relationship between Damaris SA stock current value and its past values and can show if there is a momentum factor associated with investing in Damaris SA.
Regressed Prices |
| Timeline |
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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 Tools for Damaris Stock Analysis
When running Damaris SA's price analysis, check to measure Damaris SA'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 Damaris SA is operating at the current time. Most of Damaris SA's value examination focuses on studying past and present price action to predict the probability of Damaris SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Damaris SA's price. Additionally, you may evaluate how the addition of Damaris SA to your portfolios can decrease your overall portfolio volatility.