Dustin Group (Sweden) Market Value
| DUST Stock | SEK 4.40 0.09 2.00% |
| Symbol | Dustin |
Dustin 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 Dustin 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 Dustin Group.
| 11/11/2024 |
| 12/11/2024 |
If you would invest 0.00 in Dustin Group on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding Dustin Group AB or generate 0.0% return on investment in Dustin Group over 30 days. Dustin Group is related to or competes with Clas Ohlson, Byggmax Group, Inwido AB, Dometic Group, and Cloetta AB. Dustin Group AB offers online IT products and services in Sweden, Denmark, Finland, Norway, and the Netherlands More
Dustin 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 Dustin 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 Dustin Group AB upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.37) | |||
| Maximum Drawdown | 25.09 | |||
| Value At Risk | (5.57) | |||
| Potential Upside | 2.07 |
Dustin Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dustin Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dustin Group's standard deviation. In reality, there are many statistical measures that can use Dustin Group historical prices to predict the future Dustin Group's volatility.| Risk Adjusted Performance | (0.24) | |||
| Jensen Alpha | (1.14) | |||
| Total Risk Alpha | (1.79) | |||
| Treynor Ratio | 1.65 |
Dustin Group AB Backtested Returns
Dustin Group AB secures Sharpe Ratio (or Efficiency) of -0.35, which denotes the company had a -0.35% return per unit of risk over the last 3 months. Dustin Group AB exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dustin Group's Standard Deviation of 3.59, mean deviation of 2.03, and Variance of 12.92 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.74, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Dustin Group are expected to decrease at a much lower rate. During the bear market, Dustin Group is likely to outperform the market. At this point, Dustin Group AB has a negative expected return of -1.27%. Please make sure to confirm Dustin Group's potential upside, kurtosis, and the relationship between the maximum drawdown and skewness , to decide if Dustin Group AB performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.62 |
Good predictability
Dustin Group AB has good predictability. Overlapping area represents the amount of predictability between Dustin Group time series from 11th of November 2024 to 26th of November 2024 and 26th of November 2024 to 11th 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 Dustin Group AB price movement. The serial correlation of 0.62 indicates that roughly 62.0% of current Dustin Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.62 | |
| Spearman Rank Test | 0.77 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Dustin Group AB lagged returns against current returns
Autocorrelation, which is Dustin 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 Dustin Group's stock expected returns. We can calculate the autocorrelation of Dustin Group returns to help us make a trade decision. For example, suppose you find that Dustin 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 |
Dustin 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 Dustin Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dustin Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dustin Group stock over time.
Current vs Lagged Prices |
| Timeline |
Dustin Group Lagged Returns
When evaluating Dustin Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dustin Group stock have on its future price. Dustin 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, Dustin Group autocorrelation shows the relationship between Dustin Group stock current value and its past values and can show if there is a momentum factor associated with investing in Dustin Group AB.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Dustin Stock Analysis
When running Dustin Group's price analysis, check to measure Dustin 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 Dustin Group is operating at the current time. Most of Dustin Group's value examination focuses on studying past and present price action to predict the probability of Dustin 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 Dustin Group's price. Additionally, you may evaluate how the addition of Dustin Group to your portfolios can decrease your overall portfolio volatility.