Danya Cebus (Israel) Market Value
| DNYA Stock | 11,960 30.00 0.25% |
| Symbol | Danya |
Danya Cebus '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 Danya Cebus' 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 Danya Cebus.
| 11/26/2024 |
| 12/26/2024 |
If you would invest 0.00 in Danya Cebus on November 26, 2024 and sell it all today you would earn a total of 0.00 from holding Danya Cebus or generate 0.0% return on investment in Danya Cebus over 30 days. Danya Cebus is related to or competes with Shapir Engineering, Electra, Shikun Binui, Levinstein Eng, Oron Group, and Electreon Wireless. Danya Cebus Ltd. engages in the construction business in Israel and internationally. More
Danya Cebus 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 Danya Cebus' 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 Danya Cebus upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.63 | |||
| Information Ratio | 0.2863 | |||
| Maximum Drawdown | 8.45 | |||
| Value At Risk | (2.72) | |||
| Potential Upside | 4.35 |
Danya Cebus Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Danya Cebus' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Danya Cebus' standard deviation. In reality, there are many statistical measures that can use Danya Cebus historical prices to predict the future Danya Cebus' volatility.| Risk Adjusted Performance | 0.2536 | |||
| Jensen Alpha | 0.664 | |||
| Total Risk Alpha | 0.5335 | |||
| Sortino Ratio | 0.3715 | |||
| Treynor Ratio | (1.83) |
Danya Cebus Backtested Returns
Danya Cebus appears to be very steady, given 3 months investment horizon. Danya Cebus secures Sharpe Ratio (or Efficiency) of 0.37, which denotes the company had a 0.37% return per unit of risk over the last 3 months. By reviewing Danya Cebus' technical indicators, you can evaluate if the expected return of 0.78% is justified by implied risk. Please utilize Danya Cebus' Downside Deviation of 1.63, coefficient of variation of 320.98, and Mean Deviation of 1.66 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Danya Cebus holds a performance score of 29. The firm shows a Beta (market volatility) of -0.36, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Danya Cebus are expected to decrease at a much lower rate. During the bear market, Danya Cebus is likely to outperform the market. Please check Danya Cebus' standard deviation, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to make a quick decision on whether Danya Cebus' price patterns will revert.
Auto-correlation | -0.34 |
Poor reverse predictability
Danya Cebus has poor reverse predictability. Overlapping area represents the amount of predictability between Danya Cebus time series from 26th of November 2024 to 11th of December 2024 and 11th of December 2024 to 26th 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 Danya Cebus price movement. The serial correlation of -0.34 indicates that nearly 34.0% of current Danya Cebus price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.34 | |
| Spearman Rank Test | -0.68 | |
| Residual Average | 0.0 | |
| Price Variance | 12.7 K |
Danya Cebus lagged returns against current returns
Autocorrelation, which is Danya Cebus 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 Danya Cebus' stock expected returns. We can calculate the autocorrelation of Danya Cebus returns to help us make a trade decision. For example, suppose you find that Danya Cebus 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 |
Danya Cebus 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 Danya Cebus stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Danya Cebus stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Danya Cebus stock over time.
Current vs Lagged Prices |
| Timeline |
Danya Cebus Lagged Returns
When evaluating Danya Cebus' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Danya Cebus stock have on its future price. Danya Cebus 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, Danya Cebus autocorrelation shows the relationship between Danya Cebus stock current value and its past values and can show if there is a momentum factor associated with investing in Danya Cebus.
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.Other Information on Investing in Danya Stock
Danya Cebus financial ratios help investors to determine whether Danya 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 Danya with respect to the benefits of owning Danya Cebus security.