Deutsche Lufthansa Ag Stock Market Value
| DLAKF Stock | USD 7.10 0.20 2.74% |
| Symbol | Deutsche |
Deutsche Lufthansa '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 Deutsche Lufthansa's otc 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 Deutsche Lufthansa.
| 04/03/2024 |
| 05/03/2024 |
If you would invest 0.00 in Deutsche Lufthansa on April 3, 2024 and sell it all today you would earn a total of 0.00 from holding Deutsche Lufthansa AG or generate 0.0% return on investment in Deutsche Lufthansa over 30 days. Deutsche Lufthansa is related to or competes with Copa Holdings, United Airlines, Delta Air, SkyWest, Allegiant Travel, American Airlines, and Southwest Airlines. Deutsche Lufthansa AG operates as an aviation company in Germany and internationally More
Deutsche Lufthansa 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 Deutsche Lufthansa's otc 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 Deutsche Lufthansa AG upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 13.35 | |||
| Value At Risk | (3.24) | |||
| Potential Upside | 2.64 |
Deutsche Lufthansa Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Deutsche Lufthansa's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Deutsche Lufthansa's standard deviation. In reality, there are many statistical measures that can use Deutsche Lufthansa historical prices to predict the future Deutsche Lufthansa's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.24) | |||
| Total Risk Alpha | (0.41) | |||
| Treynor Ratio | 1.4 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Deutsche Lufthansa'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.
Deutsche Lufthansa Backtested Returns
Deutsche Lufthansa secures Sharpe Ratio (or Efficiency) of -0.0889, which denotes the company had a -0.0889% return per unit of risk over the last 3 months. Deutsche Lufthansa AG exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Deutsche Lufthansa's Variance of 5.11, standard deviation of 2.26, and Mean Deviation of 1.39 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.18, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Deutsche Lufthansa are expected to decrease at a much lower rate. During the bear market, Deutsche Lufthansa is likely to outperform the market. Deutsche Lufthansa has an expected return of -0.21%. Please make sure to confirm Deutsche Lufthansa daily balance of power, and the relationship between the potential upside and day typical price , to decide if Deutsche Lufthansa performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.26 |
Weak reverse predictability
Deutsche Lufthansa AG has weak reverse predictability. Overlapping area represents the amount of predictability between Deutsche Lufthansa time series from 3rd of April 2024 to 18th of April 2024 and 18th of April 2024 to 3rd of May 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 Deutsche Lufthansa price movement. The serial correlation of -0.26 indicates that nearly 26.0% of current Deutsche Lufthansa price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.26 | |
| Spearman Rank Test | -0.48 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Deutsche Lufthansa lagged returns against current returns
Autocorrelation, which is Deutsche Lufthansa otc 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 Deutsche Lufthansa's otc stock expected returns. We can calculate the autocorrelation of Deutsche Lufthansa returns to help us make a trade decision. For example, suppose you find that Deutsche Lufthansa has exhibited high autocorrelation historically, and you observe that the otc 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 |
Deutsche Lufthansa 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 Deutsche Lufthansa otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Deutsche Lufthansa otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Deutsche Lufthansa otc stock over time.
Current vs Lagged Prices |
| Timeline |
Deutsche Lufthansa Lagged Returns
When evaluating Deutsche Lufthansa's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Deutsche Lufthansa otc stock have on its future price. Deutsche Lufthansa 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, Deutsche Lufthansa autocorrelation shows the relationship between Deutsche Lufthansa otc stock current value and its past values and can show if there is a momentum factor associated with investing in Deutsche Lufthansa AG.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Deutsche Lufthansa in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Deutsche Lufthansa's short interest history, or implied volatility extrapolated from Deutsche Lufthansa options trading.
Pair Trading with Deutsche Lufthansa
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Deutsche Lufthansa position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Deutsche Lufthansa will appreciate offsetting losses from the drop in the long position's value.Moving together with Deutsche OTC Stock
| 0.62 | AICAF | Air China Limited | PairCorr |
| 0.66 | AIRYY | Air China | PairCorr |
Moving against Deutsche OTC Stock
| 0.84 | MDH | MDH Acquisition Corp | PairCorr |
| 0.79 | DAL | Delta Air Lines Financial Report 11th of July 2024 | PairCorr |
| 0.72 | ZNH | China Southern Airlines | PairCorr |
| 0.69 | ARTE | Artemis Strategic | PairCorr |
| 0.5 | AIV | Apartment Investment and Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Deutsche Lufthansa could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Deutsche Lufthansa when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Deutsche Lufthansa - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Deutsche Lufthansa AG to buy it.
The correlation of Deutsche Lufthansa is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Deutsche Lufthansa moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Deutsche Lufthansa moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Deutsche Lufthansa can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Deutsche Lufthansa Correlation, Deutsche Lufthansa Volatility and Deutsche Lufthansa Alpha and Beta module to complement your research on Deutsche Lufthansa. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Complementary Tools for Deutsche OTC Stock analysis
When running Deutsche Lufthansa's price analysis, check to measure Deutsche Lufthansa'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 Deutsche Lufthansa is operating at the current time. Most of Deutsche Lufthansa's value examination focuses on studying past and present price action to predict the probability of Deutsche Lufthansa's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Deutsche Lufthansa's price. Additionally, you may evaluate how the addition of Deutsche Lufthansa to your portfolios can decrease your overall portfolio volatility.
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities |
Deutsche Lufthansa technical otc stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, otc market cycles, or different charting patterns.