DARLING INGREDIENTS INC Market Value
| 237266AH4 | 96.67 2.21 2.24% |
| Symbol | DARLING |
DARLING '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 DARLING's bond 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 DARLING.
| 12/07/2022 |
| 11/26/2024 |
If you would invest 0.00 in DARLING on December 7, 2022 and sell it all today you would earn a total of 0.00 from holding DARLING INGREDIENTS INC or generate 0.0% return on investment in DARLING over 720 days. DARLING is related to or competes with Coca Cola, JPMorgan Chase, Dupont De, Alcoa Corp, Boeing, Microsoft, and Procter Gamble. More
DARLING 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 DARLING's bond 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 DARLING INGREDIENTS INC upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.31) | |||
| Maximum Drawdown | 3.77 | |||
| Value At Risk | (0.85) | |||
| Potential Upside | 0.5051 |
DARLING Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for DARLING's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as DARLING's standard deviation. In reality, there are many statistical measures that can use DARLING historical prices to predict the future DARLING's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.12) | |||
| Treynor Ratio | 12.47 |
DARLING INGREDIENTS INC Backtested Returns
DARLING INGREDIENTS INC secures Sharpe Ratio (or Efficiency) of -0.15, which denotes the bond had a -0.15% return per unit of volatility over the last 3 months. DARLING INGREDIENTS INC exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm DARLING's Standard Deviation of 0.5121, mean deviation of 0.321, and Market Risk Adjusted Performance of 12.48 to check the risk estimate we provide. The entity shows a Beta (market volatility) of -0.0031, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning DARLING are expected to decrease at a much lower rate. During the bear market, DARLING is likely to outperform the market.
Auto-correlation | -0.12 |
Insignificant reverse predictability
DARLING INGREDIENTS INC has insignificant reverse predictability. Overlapping area represents the amount of predictability between DARLING time series from 7th of December 2022 to 2nd of December 2023 and 2nd of December 2023 to 26th 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 DARLING INGREDIENTS INC price movement. The serial correlation of -0.12 indicates that less than 12.0% of current DARLING price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.12 | |
| Spearman Rank Test | -0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 0.6 |
DARLING INGREDIENTS INC lagged returns against current returns
Autocorrelation, which is DARLING bond'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 DARLING's bond expected returns. We can calculate the autocorrelation of DARLING returns to help us make a trade decision. For example, suppose you find that DARLING has exhibited high autocorrelation historically, and you observe that the bond 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 |
DARLING 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 DARLING bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if DARLING bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in DARLING bond over time.
Current vs Lagged Prices |
| Timeline |
DARLING Lagged Returns
When evaluating DARLING's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of DARLING bond have on its future price. DARLING 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, DARLING autocorrelation shows the relationship between DARLING bond current value and its past values and can show if there is a momentum factor associated with investing in DARLING INGREDIENTS INC.
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.Other Information on Investing in DARLING Bond
DARLING financial ratios help investors to determine whether DARLING Bond 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 DARLING with respect to the benefits of owning DARLING security.