Dalekovod (Croatia) Market Value
| DLKV Stock | 3.48 0.04 1.16% |
| Symbol | Dalekovod |
Dalekovod '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 Dalekovod'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 Dalekovod.
| 11/04/2024 |
| 12/04/2024 |
If you would invest 0.00 in Dalekovod on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding Dalekovod dd or generate 0.0% return on investment in Dalekovod over 30 days. Dalekovod is related to or competes with Zagrebacka Banka, Podravka Prehrambena, and Atlantic Grupa. More
Dalekovod 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 Dalekovod'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 Dalekovod dd upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.01 | |||
| Information Ratio | 0.0708 | |||
| Maximum Drawdown | 11.2 | |||
| Value At Risk | (2.94) | |||
| Potential Upside | 3.95 |
Dalekovod Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dalekovod's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dalekovod's standard deviation. In reality, there are many statistical measures that can use Dalekovod historical prices to predict the future Dalekovod's volatility.| Risk Adjusted Performance | 0.1035 | |||
| Jensen Alpha | 0.2391 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.0704 | |||
| Treynor Ratio | 4.46 |
Dalekovod dd Backtested Returns
Currently, Dalekovod dd is slightly risky. Dalekovod dd secures Sharpe Ratio (or Efficiency) of 0.0899, which denotes the company had a 0.0899% return per unit of risk over the last 3 months. We have found thirty technical indicators for Dalekovod dd, which you can use to evaluate the volatility of the firm. Please confirm Dalekovod's Mean Deviation of 1.46, downside deviation of 2.01, and Coefficient Of Variation of 784.28 to check if the risk estimate we provide is consistent with the expected return of 0.17%. Dalekovod has a performance score of 7 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.0549, which means not very significant fluctuations relative to the market. As returns on the market increase, Dalekovod's returns are expected to increase less than the market. However, during the bear market, the loss of holding Dalekovod is expected to be smaller as well. Dalekovod dd right now shows a risk of 1.94%. Please confirm Dalekovod dd coefficient of variation, jensen alpha, sortino ratio, as well as the relationship between the standard deviation and total risk alpha , to decide if Dalekovod dd will be following its price patterns.
Auto-correlation | -0.57 |
Good reverse predictability
Dalekovod dd has good reverse predictability. Overlapping area represents the amount of predictability between Dalekovod time series from 4th of November 2024 to 19th of November 2024 and 19th of November 2024 to 4th 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 Dalekovod dd price movement. The serial correlation of -0.57 indicates that roughly 57.0% of current Dalekovod price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.57 | |
| Spearman Rank Test | -0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Dalekovod dd lagged returns against current returns
Autocorrelation, which is Dalekovod 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 Dalekovod's stock expected returns. We can calculate the autocorrelation of Dalekovod returns to help us make a trade decision. For example, suppose you find that Dalekovod 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 |
Dalekovod 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 Dalekovod stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dalekovod stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dalekovod stock over time.
Current vs Lagged Prices |
| Timeline |
Dalekovod Lagged Returns
When evaluating Dalekovod's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dalekovod stock have on its future price. Dalekovod 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, Dalekovod autocorrelation shows the relationship between Dalekovod stock current value and its past values and can show if there is a momentum factor associated with investing in Dalekovod dd.
Regressed Prices |
| Timeline |
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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 Dalekovod Stock Analysis
When running Dalekovod's price analysis, check to measure Dalekovod'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 Dalekovod is operating at the current time. Most of Dalekovod's value examination focuses on studying past and present price action to predict the probability of Dalekovod's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dalekovod's price. Additionally, you may evaluate how the addition of Dalekovod to your portfolios can decrease your overall portfolio volatility.