DO AG (Turkey) Market Value
| DOCO Stock | TRY 6,545 190.00 2.99% |
| Symbol | DOCO |
DO AG '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 DO AG'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 DO AG.
| 02/09/2023 |
| 12/30/2024 |
If you would invest 0.00 in DO AG on February 9, 2023 and sell it all today you would earn a total of 0.00 from holding DO AG or generate 0.0% return on investment in DO AG over 690 days. DO AG is related to or competes with Bms Birlesik, Sekerbank TAS, Politeknik Metal, Gentas Genel, and Galatasaray Sportif. DO CO Aktiengesellschaft provides catering services in Austria, Turkey, the United States, Germany, and internationally More
DO AG 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 DO AG'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 DO AG upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.02 | |||
| Information Ratio | 0.1288 | |||
| Maximum Drawdown | 14.19 | |||
| Value At Risk | (2.41) | |||
| Potential Upside | 4.73 |
DO AG Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for DO AG's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as DO AG's standard deviation. In reality, there are many statistical measures that can use DO AG historical prices to predict the future DO AG's volatility.| Risk Adjusted Performance | 0.1198 | |||
| Jensen Alpha | 0.3478 | |||
| Total Risk Alpha | 0.2738 | |||
| Sortino Ratio | 0.1591 | |||
| Treynor Ratio | (1.66) |
DO AG Backtested Returns
DO AG appears to be very steady, given 3 months investment horizon. DO AG retains Efficiency (Sharpe Ratio) of 0.18, which denotes the company had a 0.18% return per unit of price deviation over the last 3 months. We have found twenty-nine technical indicators for DO AG, which you can use to evaluate the volatility of the firm. Please utilize DO AG's Downside Deviation of 2.02, market risk adjusted performance of (1.65), and Standard Deviation of 2.49 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, DO AG holds a performance score of 13. The firm owns a Beta (Systematic Risk) of -0.21, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning DO AG are expected to decrease at a much lower rate. During the bear market, DO AG is likely to outperform the market. Please check DO AG's semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to make a quick decision on whether DO AG's current price history will revert.
Auto-correlation | 0.82 |
Very good predictability
DO AG has very good predictability. Overlapping area represents the amount of predictability between DO AG time series from 9th of February 2023 to 20th of January 2024 and 20th of January 2024 to 30th 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 DO AG price movement. The serial correlation of 0.82 indicates that around 82.0% of current DO AG price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.82 | |
| Spearman Rank Test | 0.74 | |
| Residual Average | 0.0 | |
| Price Variance | 281.7 K |
DO AG lagged returns against current returns
Autocorrelation, which is DO AG 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 DO AG's stock expected returns. We can calculate the autocorrelation of DO AG returns to help us make a trade decision. For example, suppose you find that DO AG 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 |
DO AG 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 DO AG stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if DO AG stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in DO AG stock over time.
Current vs Lagged Prices |
| Timeline |
DO AG Lagged Returns
When evaluating DO AG's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of DO AG stock have on its future price. DO AG 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, DO AG autocorrelation shows the relationship between DO AG stock current value and its past values and can show if there is a momentum factor associated with investing in DO AG.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for DOCO Stock Analysis
When running DO AG's price analysis, check to measure DO AG'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 DO AG is operating at the current time. Most of DO AG's value examination focuses on studying past and present price action to predict the probability of DO AG's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DO AG's price. Additionally, you may evaluate how the addition of DO AG to your portfolios can decrease your overall portfolio volatility.