Davide Campari (Germany) Market Value
| 58H Stock | EUR 5.97 0.02 0.34% |
| Symbol | Davide |
Davide Campari '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 Davide Campari'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 Davide Campari.
| 11/24/2024 |
| 12/24/2024 |
If you would invest 0.00 in Davide Campari on November 24, 2024 and sell it all today you would earn a total of 0.00 from holding Davide Campari Milano or generate 0.0% return on investment in Davide Campari over 30 days. Davide Campari is related to or competes with Diageo Plc, Brown Forman, Altia Oyj, LANSON BCC, MASI AGRICOLA, and AMBRA SA. Davide Campari-Milano N.V., together with its subsidiaries, markets and distributes alcoholic and non-alcoholic beverage... More
Davide Campari 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 Davide Campari'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 Davide Campari Milano upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 19.97 | |||
| Value At Risk | (4.66) | |||
| Potential Upside | 4.35 |
Davide Campari Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Davide Campari's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Davide Campari's standard deviation. In reality, there are many statistical measures that can use Davide Campari historical prices to predict the future Davide Campari's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.29) | |||
| Total Risk Alpha | (0.37) | |||
| Treynor Ratio | (0.55) |
Davide Campari Milano Backtested Returns
Davide Campari Milano secures Sharpe Ratio (or Efficiency) of -0.0707, which denotes the company had a -0.0707% return per unit of risk over the last 3 months. Davide Campari Milano exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Davide Campari's Variance of 10.63, mean deviation of 2.16, and Standard Deviation of 3.26 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.5, which means possible diversification benefits within a given portfolio. As returns on the market increase, Davide Campari's returns are expected to increase less than the market. However, during the bear market, the loss of holding Davide Campari is expected to be smaller as well. At this point, Davide Campari Milano has a negative expected return of -0.23%. Please make sure to confirm Davide Campari's value at risk, skewness, and the relationship between the maximum drawdown and potential upside , to decide if Davide Campari Milano performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.51 |
Good reverse predictability
Davide Campari Milano has good reverse predictability. Overlapping area represents the amount of predictability between Davide Campari time series from 24th of November 2024 to 9th of December 2024 and 9th of December 2024 to 24th of December 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 Davide Campari Milano price movement. The serial correlation of -0.51 indicates that about 51.0% of current Davide Campari price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.51 | |
| Spearman Rank Test | -0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Davide Campari Milano lagged returns against current returns
Autocorrelation, which is Davide Campari 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 Davide Campari's stock expected returns. We can calculate the autocorrelation of Davide Campari returns to help us make a trade decision. For example, suppose you find that Davide Campari 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 |
Davide Campari 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 Davide Campari stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Davide Campari stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Davide Campari stock over time.
Current vs Lagged Prices |
| Timeline |
Davide Campari Lagged Returns
When evaluating Davide Campari's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Davide Campari stock have on its future price. Davide Campari 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, Davide Campari autocorrelation shows the relationship between Davide Campari stock current value and its past values and can show if there is a momentum factor associated with investing in Davide Campari Milano.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Davide Stock
Davide Campari financial ratios help investors to determine whether Davide 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 Davide with respect to the benefits of owning Davide Campari security.