Drone Volt (France) Market Value
| ALDRV Stock | EUR 0.33 0.05 13.16% |
| Symbol | Drone |
Drone Volt '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 Drone Volt'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 Drone Volt.
| 12/14/2022 |
| 12/03/2024 |
If you would invest 0.00 in Drone Volt on December 14, 2022 and sell it all today you would earn a total of 0.00 from holding Drone Volt SA or generate 0.0% return on investment in Drone Volt over 720 days. Drone Volt is related to or competes with Gaussin, and Biophytis. Drone Volt SA designs, assembles, and markets remote controlled terrestrial and aerial drones More
Drone Volt 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 Drone Volt'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 Drone Volt SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 14.52 | |||
| Value At Risk | (5.13) | |||
| Potential Upside | 2.86 |
Drone Volt Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Drone Volt's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Drone Volt's standard deviation. In reality, there are many statistical measures that can use Drone Volt historical prices to predict the future Drone Volt's volatility.| Risk Adjusted Performance | (0.1) | |||
| Jensen Alpha | (0.42) | |||
| Total Risk Alpha | (0.95) | |||
| Treynor Ratio | 1.37 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Drone Volt'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.
Drone Volt SA Backtested Returns
Drone Volt SA secures Sharpe Ratio (or Efficiency) of -0.12, which denotes the company had a -0.12% return per unit of risk over the last 3 months. Drone Volt SA exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Drone Volt's Mean Deviation of 2.49, variance of 10.65, and Standard Deviation of 3.26 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.33, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Drone Volt are expected to decrease at a much lower rate. During the bear market, Drone Volt is likely to outperform the market. At this point, Drone Volt SA has a negative expected return of -0.39%. Please make sure to confirm Drone Volt's jensen alpha, skewness, as well as the relationship between the Skewness and day typical price , to decide if Drone Volt SA performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.25 |
Poor predictability
Drone Volt SA has poor predictability. Overlapping area represents the amount of predictability between Drone Volt time series from 14th of December 2022 to 9th of December 2023 and 9th of December 2023 to 3rd 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 Drone Volt SA price movement. The serial correlation of 0.25 indicates that over 25.0% of current Drone Volt price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.25 | |
| Spearman Rank Test | 0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
Drone Volt SA lagged returns against current returns
Autocorrelation, which is Drone Volt 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 Drone Volt's stock expected returns. We can calculate the autocorrelation of Drone Volt returns to help us make a trade decision. For example, suppose you find that Drone Volt 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 |
Drone Volt 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 Drone Volt stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Drone Volt stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Drone Volt stock over time.
Current vs Lagged Prices |
| Timeline |
Drone Volt Lagged Returns
When evaluating Drone Volt's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Drone Volt stock have on its future price. Drone Volt 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, Drone Volt autocorrelation shows the relationship between Drone Volt stock current value and its past values and can show if there is a momentum factor associated with investing in Drone Volt SA.
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 Drone Stock Analysis
When running Drone Volt's price analysis, check to measure Drone Volt'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 Drone Volt is operating at the current time. Most of Drone Volt's value examination focuses on studying past and present price action to predict the probability of Drone Volt's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Drone Volt's price. Additionally, you may evaluate how the addition of Drone Volt to your portfolios can decrease your overall portfolio volatility.