DGB Group (Netherlands) Market Value
| DGB Stock | EUR 0.88 0.02 2.22% |
| Symbol | DGB |
DGB Group '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 DGB Group'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 DGB Group.
| 11/19/2024 |
| 12/19/2024 |
If you would invest 0.00 in DGB Group on November 19, 2024 and sell it all today you would earn a total of 0.00 from holding DGB Group NV or generate 0.0% return on investment in DGB Group over 30 days. DGB Group is related to or competes with Ease2pay, Alumexx NV, and Ctac NV. DGB Group N.V. operates as an environmental services company in the Netherlands More
DGB Group 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 DGB Group'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 DGB Group NV upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.41 | |||
| Information Ratio | 0.1342 | |||
| Maximum Drawdown | 17.6 | |||
| Value At Risk | (5.13) | |||
| Potential Upside | 5.71 |
DGB Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for DGB Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as DGB Group's standard deviation. In reality, there are many statistical measures that can use DGB Group historical prices to predict the future DGB Group's volatility.| Risk Adjusted Performance | 0.1214 | |||
| Jensen Alpha | 0.4533 | |||
| Total Risk Alpha | 0.3774 | |||
| Sortino Ratio | 0.1279 | |||
| Treynor Ratio | 3.74 |
DGB Group NV Backtested Returns
DGB Group appears to be dangerous, given 3 months investment horizon. DGB Group NV retains Efficiency (Sharpe Ratio) of 0.1, which denotes the company had a 0.1% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for DGB Group, which you can use to evaluate the volatility of the firm. Please utilize DGB Group's Downside Deviation of 3.41, market risk adjusted performance of 3.75, and Coefficient Of Variation of 698.43 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, DGB Group holds a performance score of 7. The firm owns a Beta (Systematic Risk) of 0.12, which means not very significant fluctuations relative to the market. As returns on the market increase, DGB Group's returns are expected to increase less than the market. However, during the bear market, the loss of holding DGB Group is expected to be smaller as well. Please check DGB Group's market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to make a quick decision on whether DGB Group's current price history will revert.
Auto-correlation | 0.08 |
Virtually no predictability
DGB Group NV has virtually no predictability. Overlapping area represents the amount of predictability between DGB Group time series from 19th of November 2024 to 4th of December 2024 and 4th of December 2024 to 19th 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 DGB Group NV price movement. The serial correlation of 0.08 indicates that barely 8.0% of current DGB Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.08 | |
| Spearman Rank Test | 0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
DGB Group NV lagged returns against current returns
Autocorrelation, which is DGB Group 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 DGB Group's stock expected returns. We can calculate the autocorrelation of DGB Group returns to help us make a trade decision. For example, suppose you find that DGB Group 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 |
DGB Group 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 DGB Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if DGB Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in DGB Group stock over time.
Current vs Lagged Prices |
| Timeline |
DGB Group Lagged Returns
When evaluating DGB Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of DGB Group stock have on its future price. DGB Group 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, DGB Group autocorrelation shows the relationship between DGB Group stock current value and its past values and can show if there is a momentum factor associated with investing in DGB Group NV.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for DGB Stock Analysis
When running DGB Group's price analysis, check to measure DGB Group'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 DGB Group is operating at the current time. Most of DGB Group's value examination focuses on studying past and present price action to predict the probability of DGB Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DGB Group's price. Additionally, you may evaluate how the addition of DGB Group to your portfolios can decrease your overall portfolio volatility.