DEAP CAPITAL (Nigeria) Market Value
| DEAPCAP Stock | 1.14 0.05 4.59% |
| Symbol | DEAP |
DEAP CAPITAL '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 DEAP CAPITAL'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 DEAP CAPITAL.
| 12/18/2023 |
| 12/12/2024 |
If you would invest 0.00 in DEAP CAPITAL on December 18, 2023 and sell it all today you would earn a total of 0.00 from holding DEAP CAPITAL MANAGEMENT or generate 0.0% return on investment in DEAP CAPITAL over 360 days.
DEAP CAPITAL 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 DEAP CAPITAL'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 DEAP CAPITAL MANAGEMENT upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.72 | |||
| Information Ratio | 0.0342 | |||
| Maximum Drawdown | 19.84 | |||
| Value At Risk | (9.60) | |||
| Potential Upside | 9.85 |
DEAP CAPITAL Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for DEAP CAPITAL's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as DEAP CAPITAL's standard deviation. In reality, there are many statistical measures that can use DEAP CAPITAL historical prices to predict the future DEAP CAPITAL's volatility.| Risk Adjusted Performance | 0.0486 | |||
| Jensen Alpha | 0.3455 | |||
| Total Risk Alpha | (0.62) | |||
| Sortino Ratio | 0.0303 | |||
| Treynor Ratio | (1.31) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of DEAP CAPITAL'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.
DEAP CAPITAL MANAGEMENT Backtested Returns
DEAP CAPITAL appears to be abnormally volatile, given 3 months investment horizon. DEAP CAPITAL MANAGEMENT retains Efficiency (Sharpe Ratio) of 0.0844, which denotes the company had a 0.0844% return per unit of risk over the last 3 months. By analyzing DEAP CAPITAL's technical indicators, you can evaluate if the expected return of 0.5% is justified by implied risk. Please utilize DEAP CAPITAL's Coefficient Of Variation of 1813.25, downside deviation of 6.72, and Market Risk Adjusted Performance of (1.30) to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, DEAP CAPITAL holds a performance score of 6. The firm owns a Beta (Systematic Risk) of -0.24, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning DEAP CAPITAL are expected to decrease at a much lower rate. During the bear market, DEAP CAPITAL is likely to outperform the market. Please check DEAP CAPITAL's sortino ratio, semi variance, and the relationship between the information ratio and value at risk , to make a quick decision on whether DEAP CAPITAL's current price history will revert.
Auto-correlation | -0.53 |
Good reverse predictability
DEAP CAPITAL MANAGEMENT has good reverse predictability. Overlapping area represents the amount of predictability between DEAP CAPITAL time series from 18th of December 2023 to 15th of June 2024 and 15th of June 2024 to 12th 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 DEAP CAPITAL MANAGEMENT price movement. The serial correlation of -0.53 indicates that about 53.0% of current DEAP CAPITAL price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.53 | |
| Spearman Rank Test | -0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 0.12 |
DEAP CAPITAL MANAGEMENT lagged returns against current returns
Autocorrelation, which is DEAP CAPITAL 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 DEAP CAPITAL's stock expected returns. We can calculate the autocorrelation of DEAP CAPITAL returns to help us make a trade decision. For example, suppose you find that DEAP CAPITAL 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 |
DEAP CAPITAL 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 DEAP CAPITAL stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if DEAP CAPITAL stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in DEAP CAPITAL stock over time.
Current vs Lagged Prices |
| Timeline |
DEAP CAPITAL Lagged Returns
When evaluating DEAP CAPITAL's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of DEAP CAPITAL stock have on its future price. DEAP CAPITAL 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, DEAP CAPITAL autocorrelation shows the relationship between DEAP CAPITAL stock current value and its past values and can show if there is a momentum factor associated with investing in DEAP CAPITAL MANAGEMENT.
Regressed Prices |
| Timeline |
Also Currently Popular
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 DEAP Stock Analysis
When running DEAP CAPITAL's price analysis, check to measure DEAP CAPITAL'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 DEAP CAPITAL is operating at the current time. Most of DEAP CAPITAL's value examination focuses on studying past and present price action to predict the probability of DEAP CAPITAL's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DEAP CAPITAL's price. Additionally, you may evaluate how the addition of DEAP CAPITAL to your portfolios can decrease your overall portfolio volatility.