Danone SA (Germany) Market Value
| BSN Stock | EUR 64.50 0.32 0.49% |
| Symbol | Danone |
Danone SA '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 Danone SA'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 Danone SA.
| 12/07/2023 |
| 12/01/2024 |
If you would invest 0.00 in Danone SA on December 7, 2023 and sell it all today you would earn a total of 0.00 from holding Danone SA or generate 0.0% return on investment in Danone SA over 360 days. Danone SA is related to or competes with Superior Plus, NMI Holdings, Origin Agritech, SIVERS SEMICONDUCTORS, NorAm Drilling, and Identiv. Danone S.A. operates in the food and beverage industry in Europe, Noram, Latin America, the Asia Pacific, Africa, and th... More
Danone SA 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 Danone SA'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 Danone SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7487 | |||
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 5.21 | |||
| Value At Risk | (1.11) | |||
| Potential Upside | 1.56 |
Danone SA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Danone SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Danone SA's standard deviation. In reality, there are many statistical measures that can use Danone SA historical prices to predict the future Danone SA's volatility.| Risk Adjusted Performance | 0.0531 | |||
| Jensen Alpha | 0.057 | |||
| Total Risk Alpha | (0.1) | |||
| Sortino Ratio | (0.10) | |||
| Treynor Ratio | (0.89) |
Danone SA Backtested Returns
At this point, Danone SA is very steady. Danone SA secures Sharpe Ratio (or Efficiency) of 0.049, which denotes the company had a 0.049% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Danone SA, which you can use to evaluate the volatility of the firm. Please confirm Danone SA's Downside Deviation of 0.7487, mean deviation of 0.6645, and Coefficient Of Variation of 1476.16 to check if the risk estimate we provide is consistent with the expected return of 0.0428%. Danone SA has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.056, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Danone SA are expected to decrease at a much lower rate. During the bear market, Danone SA is likely to outperform the market. Danone SA right now shows a risk of 0.87%. Please confirm Danone SA maximum drawdown, semi variance, and the relationship between the sortino ratio and potential upside , to decide if Danone SA will be following its price patterns.
Auto-correlation | -0.17 |
Insignificant reverse predictability
Danone SA has insignificant reverse predictability. Overlapping area represents the amount of predictability between Danone SA time series from 7th of December 2023 to 4th of June 2024 and 4th of June 2024 to 1st 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 Danone SA price movement. The serial correlation of -0.17 indicates that over 17.0% of current Danone SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.17 | |
| Spearman Rank Test | 0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 9.08 |
Danone SA lagged returns against current returns
Autocorrelation, which is Danone SA 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 Danone SA's stock expected returns. We can calculate the autocorrelation of Danone SA returns to help us make a trade decision. For example, suppose you find that Danone SA 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 |
Danone SA 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 Danone SA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Danone SA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Danone SA stock over time.
Current vs Lagged Prices |
| Timeline |
Danone SA Lagged Returns
When evaluating Danone SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Danone SA stock have on its future price. Danone SA 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, Danone SA autocorrelation shows the relationship between Danone SA stock current value and its past values and can show if there is a momentum factor associated with investing in Danone SA.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Danone Stock
Danone SA financial ratios help investors to determine whether Danone 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 Danone with respect to the benefits of owning Danone SA security.