Desenio Group (Sweden) Market Value

DSNO Stock  SEK 0.32  0.01  3.23%   
Desenio Group's market value is the price at which a share of Desenio Group trades on a public exchange. It measures the collective expectations of Desenio Group AB investors about its performance. Desenio Group is selling for under 0.32 as of the 5th of December 2024; that is 3.23 percent increase since the beginning of the trading day. The stock's last reported lowest price was 0.31.
With this module, you can estimate the performance of a buy and hold strategy of Desenio Group AB and determine expected loss or profit from investing in Desenio Group over a given investment horizon. Check out Desenio Group Correlation, Desenio Group Volatility and Desenio Group Alpha and Beta module to complement your research on Desenio Group.
Symbol

Please note, there is a significant difference between Desenio Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Desenio Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Desenio Group's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Desenio 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 Desenio 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 Desenio Group.
0.00
12/16/2022
No Change 0.00  0.0 
In 1 year 11 months and 22 days
12/05/2024
0.00
If you would invest  0.00  in Desenio Group on December 16, 2022 and sell it all today you would earn a total of 0.00 from holding Desenio Group AB or generate 0.0% return on investment in Desenio Group over 720 days. Desenio Group is related to or competes with Rugvista Group, Cint Group, BHG Group, Lyko Group, and Boozt AB. Desenio Group AB , an online-based direct-to-consumer company, provides affordable wall art in Europe More

Desenio 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 Desenio 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 Desenio Group AB upside and downside potential and time the market with a certain degree of confidence.

Desenio Group Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Desenio Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Desenio Group's standard deviation. In reality, there are many statistical measures that can use Desenio Group historical prices to predict the future Desenio Group's volatility.
Hype
Prediction
LowEstimatedHigh
0.020.3215.41
Details
Intrinsic
Valuation
LowRealHigh
0.010.2815.37
Details
Naive
Forecast
LowNextHigh
0.010.3515.44
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.290.310.33
Details

Desenio Group AB Backtested Returns

Desenio Group is out of control given 3 months investment horizon. Desenio Group AB secures Sharpe Ratio (or Efficiency) of 0.0951, which denotes the company had a 0.0951% return per unit of risk over the last 3 months. We were able to interpolate and analyze data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.42% are justified by taking the suggested risk. Use Desenio Group Coefficient Of Variation of 1226.78, mean deviation of 8.21, and Downside Deviation of 8.52 to evaluate company specific risk that cannot be diversified away. Desenio Group holds a performance score of 7 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 7.18, 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, Desenio Group will likely underperform. Use Desenio Group treynor ratio, value at risk, and the relationship between the sortino ratio and maximum drawdown , to analyze future returns on Desenio Group.

Auto-correlation

    
  0.62  

Good predictability

Desenio Group AB has good predictability. Overlapping area represents the amount of predictability between Desenio Group time series from 16th of December 2022 to 11th of December 2023 and 11th of December 2023 to 5th 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 Desenio Group AB price movement. The serial correlation of 0.62 indicates that roughly 62.0% of current Desenio Group price fluctuation can be explain by its past prices.
Correlation Coefficient0.62
Spearman Rank Test0.52
Residual Average0.0
Price Variance0.01

Desenio Group AB lagged returns against current returns

Autocorrelation, which is Desenio 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 Desenio Group's stock expected returns. We can calculate the autocorrelation of Desenio Group returns to help us make a trade decision. For example, suppose you find that Desenio 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  

Desenio 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 Desenio Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Desenio Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Desenio Group stock over time.
   Current vs Lagged Prices   
       Timeline  

Desenio Group Lagged Returns

When evaluating Desenio Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Desenio Group stock have on its future price. Desenio 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, Desenio Group autocorrelation shows the relationship between Desenio Group stock current value and its past values and can show if there is a momentum factor associated with investing in Desenio Group AB.
   Regressed Prices   
       Timeline  

Thematic Opportunities

Explore Investment Opportunities

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Additional Tools for Desenio Stock Analysis

When running Desenio Group's price analysis, check to measure Desenio Group'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 Desenio Group is operating at the current time. Most of Desenio Group's value examination focuses on studying past and present price action to predict the probability of Desenio Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Desenio Group's price. Additionally, you may evaluate how the addition of Desenio Group to your portfolios can decrease your overall portfolio volatility.