Demant As Adr Stock Market Value
| WILYY Stock | USD 16.39 0.07 0.43% |
| Symbol | Demant |
Demant AS '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 Demant AS's pink sheet 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 Demant AS.
| 01/11/2025 |
| 01/06/2026 |
If you would invest 0.00 in Demant AS on January 11, 2025 and sell it all today you would earn a total of 0.00 from holding Demant AS ADR or generate 0.0% return on investment in Demant AS over 360 days. Demant AS is related to or competes with Sysmex, SINOPHARM GROUP, Getinge Industrier, Matsumotokiyoshi, Eisai, Eisai, and Sysmex Corp. Demant AS, a hearing healthcare and audio technology company, develops, manufactures, and sells products and equipment t... More
Demant AS 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 Demant AS's pink sheet 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 Demant AS ADR upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 12.45 | |||
| Value At Risk | (0.43) | |||
| Potential Upside | 1.17 |
Demant AS Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Demant AS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Demant AS's standard deviation. In reality, there are many statistical measures that can use Demant AS historical prices to predict the future Demant AS's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.33) | |||
| Treynor Ratio | (0.44) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Demant AS's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Demant AS ADR Backtested Returns
Demant AS ADR secures Sharpe Ratio (or Efficiency) of -0.0777, which denotes the company had a -0.0777 % return per unit of risk over the last 3 months. Demant AS ADR exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Demant AS's Mean Deviation of 0.5732, variance of 2.66, and Standard Deviation of 1.63 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.31, which means possible diversification benefits within a given portfolio. As returns on the market increase, Demant AS's returns are expected to increase less than the market. However, during the bear market, the loss of holding Demant AS is expected to be smaller as well. At this point, Demant AS ADR has a negative expected return of -0.13%. Please make sure to confirm Demant AS's potential upside, as well as the relationship between the daily balance of power and day typical price , to decide if Demant AS ADR performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.4 |
Poor reverse predictability
Demant AS ADR has poor reverse predictability. Overlapping area represents the amount of predictability between Demant AS time series from 11th of January 2025 to 10th of July 2025 and 10th of July 2025 to 6th 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 Demant AS ADR price movement. The serial correlation of -0.4 indicates that just about 40.0% of current Demant AS price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.4 | |
| Spearman Rank Test | -0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 2.0 |
Demant AS ADR lagged returns against current returns
Autocorrelation, which is Demant AS pink sheet'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 Demant AS's pink sheet expected returns. We can calculate the autocorrelation of Demant AS returns to help us make a trade decision. For example, suppose you find that Demant AS has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Demant AS 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 Demant AS pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Demant AS pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Demant AS pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Demant AS Lagged Returns
When evaluating Demant AS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Demant AS pink sheet have on its future price. Demant AS 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, Demant AS autocorrelation shows the relationship between Demant AS pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Demant AS ADR.
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.| JBL | Jabil Circuit | |
| MRK | Merck Company | |
| AMGN | Amgen Inc |
Additional Tools for Demant Pink Sheet Analysis
When running Demant AS's price analysis, check to measure Demant AS'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 Demant AS is operating at the current time. Most of Demant AS's value examination focuses on studying past and present price action to predict the probability of Demant AS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Demant AS's price. Additionally, you may evaluate how the addition of Demant AS to your portfolios can decrease your overall portfolio volatility.