DFS Furniture (Germany) Market Value
| DF0 Stock | 1.61 0.01 0.62% |
| Symbol | DFS |
DFS Furniture '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 DFS Furniture'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 DFS Furniture.
| 11/03/2024 |
| 12/03/2024 |
If you would invest 0.00 in DFS Furniture on November 3, 2024 and sell it all today you would earn a total of 0.00 from holding DFS Furniture PLC or generate 0.0% return on investment in DFS Furniture over 30 days. DFS Furniture is related to or competes with Apple, Apple, Apple, Apple, Apple, Apple, and Microsoft. More
DFS Furniture 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 DFS Furniture'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 DFS Furniture PLC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.61 | |||
| Information Ratio | 0.0561 | |||
| Maximum Drawdown | 13.59 | |||
| Value At Risk | (3.62) | |||
| Potential Upside | 3.25 |
DFS Furniture Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for DFS Furniture's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as DFS Furniture's standard deviation. In reality, there are many statistical measures that can use DFS Furniture historical prices to predict the future DFS Furniture's volatility.| Risk Adjusted Performance | 0.0932 | |||
| Jensen Alpha | 0.2155 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | 0.0466 | |||
| Treynor Ratio | 1.33 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of DFS Furniture'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.
DFS Furniture PLC Backtested Returns
DFS Furniture appears to be risky, given 3 months investment horizon. DFS Furniture PLC secures Sharpe Ratio (or Efficiency) of 0.13, which denotes the company had a 0.13% return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for DFS Furniture PLC, which you can use to evaluate the volatility of the firm. Please utilize DFS Furniture's Market Risk Adjusted Performance of 1.34, mean deviation of 1.47, and Downside Deviation of 2.61 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, DFS Furniture holds a performance score of 9. The firm shows a Beta (market volatility) of 0.18, which means not very significant fluctuations relative to the market. As returns on the market increase, DFS Furniture's returns are expected to increase less than the market. However, during the bear market, the loss of holding DFS Furniture is expected to be smaller as well. Please check DFS Furniture's sortino ratio, potential upside, skewness, as well as the relationship between the maximum drawdown and semi variance , to make a quick decision on whether DFS Furniture's price patterns will revert.
Auto-correlation | -0.84 |
Excellent reverse predictability
DFS Furniture PLC has excellent reverse predictability. Overlapping area represents the amount of predictability between DFS Furniture time series from 3rd of November 2024 to 18th of November 2024 and 18th of November 2024 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 DFS Furniture PLC price movement. The serial correlation of -0.84 indicates that around 84.0% of current DFS Furniture price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.84 | |
| Spearman Rank Test | -0.44 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
DFS Furniture PLC lagged returns against current returns
Autocorrelation, which is DFS Furniture 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 DFS Furniture's stock expected returns. We can calculate the autocorrelation of DFS Furniture returns to help us make a trade decision. For example, suppose you find that DFS Furniture 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 |
DFS Furniture 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 DFS Furniture stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if DFS Furniture stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in DFS Furniture stock over time.
Current vs Lagged Prices |
| Timeline |
DFS Furniture Lagged Returns
When evaluating DFS Furniture's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of DFS Furniture stock have on its future price. DFS Furniture 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, DFS Furniture autocorrelation shows the relationship between DFS Furniture stock current value and its past values and can show if there is a momentum factor associated with investing in DFS Furniture PLC.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for DFS Stock Analysis
When running DFS Furniture's price analysis, check to measure DFS Furniture'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 DFS Furniture is operating at the current time. Most of DFS Furniture's value examination focuses on studying past and present price action to predict the probability of DFS Furniture's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DFS Furniture's price. Additionally, you may evaluate how the addition of DFS Furniture to your portfolios can decrease your overall portfolio volatility.