DIeteren Group (Germany) Market Value
| DJDA Stock | EUR 162.40 2.50 1.56% |
| Symbol | DIeteren |
DIeteren 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 DIeteren 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 DIeteren Group.
| 01/02/2023 |
| 12/22/2024 |
If you would invest 0.00 in DIeteren Group on January 2, 2023 and sell it all today you would earn a total of 0.00 from holding DIeteren Group SA or generate 0.0% return on investment in DIeteren Group over 720 days. DIeteren Group is related to or competes with Copart, Zhongsheng Group, CarMax, Penske Automotive, Lithia Motors, and AutoNation. DIeteren SA, together with its subsidiaries, provides various services to the motorists worldwide More
DIeteren 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 DIeteren 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 DIeteren Group SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.54 | |||
| Information Ratio | 0.1453 | |||
| Maximum Drawdown | 21.9 | |||
| Value At Risk | (2.44) | |||
| Potential Upside | 3.3 |
DIeteren Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for DIeteren Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as DIeteren Group's standard deviation. In reality, there are many statistical measures that can use DIeteren Group historical prices to predict the future DIeteren Group's volatility.| Risk Adjusted Performance | 0.1311 | |||
| Jensen Alpha | 0.4492 | |||
| Total Risk Alpha | 0.3661 | |||
| Sortino Ratio | 0.2772 | |||
| Treynor Ratio | (9.83) |
DIeteren Group SA Backtested Returns
DIeteren Group appears to be very steady, given 3 months investment horizon. DIeteren Group SA secures Sharpe Ratio (or Efficiency) of 0.16, which denotes the company had a 0.16% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for DIeteren Group SA, which you can use to evaluate the volatility of the firm. Please utilize DIeteren Group's Semi Deviation of 1.23, downside deviation of 1.54, and Mean Deviation of 1.67 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, DIeteren Group holds a performance score of 12. The firm shows a Beta (market volatility) of -0.0456, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning DIeteren Group are expected to decrease at a much lower rate. During the bear market, DIeteren Group is likely to outperform the market. Please check DIeteren Group's mean deviation, downside deviation, information ratio, as well as the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether DIeteren Group's price patterns will revert.
Auto-correlation | -0.31 |
Poor reverse predictability
DIeteren Group SA has poor reverse predictability. Overlapping area represents the amount of predictability between DIeteren Group time series from 2nd of January 2023 to 28th of December 2023 and 28th of December 2023 to 22nd 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 DIeteren Group SA price movement. The serial correlation of -0.31 indicates that nearly 31.0% of current DIeteren Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.31 | |
| Spearman Rank Test | -0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 120.1 |
DIeteren Group SA lagged returns against current returns
Autocorrelation, which is DIeteren 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 DIeteren Group's stock expected returns. We can calculate the autocorrelation of DIeteren Group returns to help us make a trade decision. For example, suppose you find that DIeteren 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 |
DIeteren 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 DIeteren Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if DIeteren Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in DIeteren Group stock over time.
Current vs Lagged Prices |
| Timeline |
DIeteren Group Lagged Returns
When evaluating DIeteren Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of DIeteren Group stock have on its future price. DIeteren 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, DIeteren Group autocorrelation shows the relationship between DIeteren Group stock current value and its past values and can show if there is a momentum factor associated with investing in DIeteren Group SA.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in DIeteren Stock
DIeteren Group financial ratios help investors to determine whether DIeteren 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 DIeteren with respect to the benefits of owning DIeteren Group security.