Dupont De (Germany) Market Value
| 6D81 Stock | EUR 79.11 0.08 0.10% |
| Symbol | Dupont |
Dupont De '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 Dupont De'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 Dupont De.
| 11/04/2024 |
| 12/04/2024 |
If you would invest 0.00 in Dupont De on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding Dupont De Nemours or generate 0.0% return on investment in Dupont De over 30 days. Dupont De is related to or competes with Ares Management, Major Drilling, MAVEN WIRELESS, and OFFICE DEPOT. DuPont de Nemours, Inc. provides technology-based materials, ingredients, and solutions in the United States, Canada, th... More
Dupont De 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 Dupont De'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 Dupont De Nemours upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.31 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 12.9 | |||
| Value At Risk | (2.29) | |||
| Potential Upside | 2.45 |
Dupont De Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dupont De's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dupont De's standard deviation. In reality, there are many statistical measures that can use Dupont De historical prices to predict the future Dupont De's volatility.| Risk Adjusted Performance | 0.0434 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0834 |
Dupont De Nemours Backtested Returns
At this point, Dupont De is very steady. Dupont De Nemours secures Sharpe Ratio (or Efficiency) of 0.0824, which denotes the company had a 0.0824% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Dupont De Nemours, which you can use to evaluate the volatility of the firm. Please confirm Dupont De's Coefficient Of Variation of 2006.56, mean deviation of 1.08, and Downside Deviation of 1.31 to check if the risk estimate we provide is consistent with the expected return of 0.14%. Dupont De has a performance score of 6 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.88, which means possible diversification benefits within a given portfolio. Dupont De returns are very sensitive to returns on the market. As the market goes up or down, Dupont De is expected to follow. Dupont De Nemours right now shows a risk of 1.65%. Please confirm Dupont De Nemours coefficient of variation, jensen alpha, sortino ratio, as well as the relationship between the information ratio and total risk alpha , to decide if Dupont De Nemours will be following its price patterns.
Auto-correlation | 0.21 |
Weak predictability
Dupont De Nemours has weak predictability. Overlapping area represents the amount of predictability between Dupont De time series from 4th of November 2024 to 19th of November 2024 and 19th of November 2024 to 4th 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 Dupont De Nemours price movement. The serial correlation of 0.21 indicates that over 21.0% of current Dupont De price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.21 | |
| Spearman Rank Test | 0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 1.16 |
Dupont De Nemours lagged returns against current returns
Autocorrelation, which is Dupont De 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 Dupont De's stock expected returns. We can calculate the autocorrelation of Dupont De returns to help us make a trade decision. For example, suppose you find that Dupont De 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 |
Dupont De 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 Dupont De stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dupont De stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dupont De stock over time.
Current vs Lagged Prices |
| Timeline |
Dupont De Lagged Returns
When evaluating Dupont De's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dupont De stock have on its future price. Dupont De 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, Dupont De autocorrelation shows the relationship between Dupont De stock current value and its past values and can show if there is a momentum factor associated with investing in Dupont De Nemours.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Dupont Stock
When determining whether Dupont De Nemours is a strong investment it is important to analyze Dupont De's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Dupont De's future performance. For an informed investment choice regarding Dupont Stock, refer to the following important reports:Check out Dupont De Correlation, Dupont De Volatility and Dupont De Alpha and Beta module to complement your research on Dupont De. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Dupont De technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.