Delfingen (France) Market Value
| ALDEL Stock | EUR 12.00 0.55 4.38% |
| Symbol | Delfingen |
Delfingen '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 Delfingen'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 Delfingen.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Delfingen on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Delfingen or generate 0.0% return on investment in Delfingen over 30 days. Delfingen is related to or competes with Vente Unique, Groupe Sfpi, Cegedim SA, SA Catana, and Burelle SA. Delfingen Industry S.A. provides protection systems, fluid transfer tubing products, and associated services to OEMs and... More
Delfingen 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 Delfingen'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 Delfingen upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.54) | |||
| Maximum Drawdown | 12.9 | |||
| Value At Risk | (5.58) | |||
| Potential Upside | 0.9174 |
Delfingen Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Delfingen's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Delfingen's standard deviation. In reality, there are many statistical measures that can use Delfingen historical prices to predict the future Delfingen's volatility.| Risk Adjusted Performance | (0.37) | |||
| Jensen Alpha | (1.28) | |||
| Total Risk Alpha | (1.70) | |||
| Treynor Ratio | 6.91 |
Delfingen Backtested Returns
Delfingen secures Sharpe Ratio (or Efficiency) of -0.5, which denotes the company had a -0.5% return per unit of risk over the last 3 months. Delfingen exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Delfingen's Standard Deviation of 2.63, variance of 6.91, and Mean Deviation of 1.73 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.19, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Delfingen are expected to decrease at a much lower rate. During the bear market, Delfingen is likely to outperform the market. At this point, Delfingen has a negative expected return of -1.33%. Please make sure to confirm Delfingen's kurtosis, and the relationship between the maximum drawdown and day median price , to decide if Delfingen performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.86 |
Very good predictability
Delfingen has very good predictability. Overlapping area represents the amount of predictability between Delfingen time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th 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 Delfingen price movement. The serial correlation of 0.86 indicates that approximately 86.0% of current Delfingen price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.86 | |
| Spearman Rank Test | 0.77 | |
| Residual Average | 0.0 | |
| Price Variance | 0.39 |
Delfingen lagged returns against current returns
Autocorrelation, which is Delfingen 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 Delfingen's stock expected returns. We can calculate the autocorrelation of Delfingen returns to help us make a trade decision. For example, suppose you find that Delfingen 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 |
Delfingen 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 Delfingen stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Delfingen stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Delfingen stock over time.
Current vs Lagged Prices |
| Timeline |
Delfingen Lagged Returns
When evaluating Delfingen's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Delfingen stock have on its future price. Delfingen 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, Delfingen autocorrelation shows the relationship between Delfingen stock current value and its past values and can show if there is a momentum factor associated with investing in Delfingen.
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 Delfingen Stock Analysis
When running Delfingen's price analysis, check to measure Delfingen'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 Delfingen is operating at the current time. Most of Delfingen's value examination focuses on studying past and present price action to predict the probability of Delfingen's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Delfingen's price. Additionally, you may evaluate how the addition of Delfingen to your portfolios can decrease your overall portfolio volatility.