Donkeyrepublic Holding (Denmark) Market Value
| DONKEY Stock | 6.30 0.20 3.28% |
| Symbol | Donkeyrepublic |
Donkeyrepublic Holding '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 Donkeyrepublic Holding'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 Donkeyrepublic Holding.
| 11/15/2024 |
| 12/15/2024 |
If you would invest 0.00 in Donkeyrepublic Holding on November 15, 2024 and sell it all today you would earn a total of 0.00 from holding Donkeyrepublic Holding AS or generate 0.0% return on investment in Donkeyrepublic Holding over 30 days.
Donkeyrepublic Holding 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 Donkeyrepublic Holding'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 Donkeyrepublic Holding AS upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 16.97 | |||
| Value At Risk | (7.25) | |||
| Potential Upside | 5.0 |
Donkeyrepublic Holding Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Donkeyrepublic Holding's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Donkeyrepublic Holding's standard deviation. In reality, there are many statistical measures that can use Donkeyrepublic Holding historical prices to predict the future Donkeyrepublic Holding's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.22) | |||
| Total Risk Alpha | (0.52) | |||
| Treynor Ratio | (0.08) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Donkeyrepublic Holding's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Donkeyrepublic Holding Backtested Returns
Donkeyrepublic Holding secures Sharpe Ratio (or Efficiency) of -0.0272, which denotes the company had a -0.0272% return per unit of risk over the last 3 months. Donkeyrepublic Holding AS exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Donkeyrepublic Holding's Variance of 11.41, mean deviation of 2.14, and Standard Deviation of 3.38 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.26, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Donkeyrepublic Holding will likely underperform. At this point, Donkeyrepublic Holding has a negative expected return of -0.092%. Please make sure to confirm Donkeyrepublic Holding's value at risk, as well as the relationship between the accumulation distribution and day typical price , to decide if Donkeyrepublic Holding performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.15 |
Insignificant predictability
Donkeyrepublic Holding AS has insignificant predictability. Overlapping area represents the amount of predictability between Donkeyrepublic Holding time series from 15th of November 2024 to 30th of November 2024 and 30th of November 2024 to 15th 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 Donkeyrepublic Holding price movement. The serial correlation of 0.15 indicates that less than 15.0% of current Donkeyrepublic Holding price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.15 | |
| Spearman Rank Test | -0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Donkeyrepublic Holding lagged returns against current returns
Autocorrelation, which is Donkeyrepublic Holding 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 Donkeyrepublic Holding's stock expected returns. We can calculate the autocorrelation of Donkeyrepublic Holding returns to help us make a trade decision. For example, suppose you find that Donkeyrepublic Holding 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 |
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Donkeyrepublic Holding 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 Donkeyrepublic Holding stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Donkeyrepublic Holding stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Donkeyrepublic Holding stock over time.
Current vs Lagged Prices |
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Donkeyrepublic Holding Lagged Returns
When evaluating Donkeyrepublic Holding's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Donkeyrepublic Holding stock have on its future price. Donkeyrepublic Holding 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, Donkeyrepublic Holding autocorrelation shows the relationship between Donkeyrepublic Holding stock current value and its past values and can show if there is a momentum factor associated with investing in Donkeyrepublic Holding AS.
Regressed Prices |
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