Delivery Hero Pink Sheet Forecast - Kurtosis
| DELHY Stock | USD 2.93 0.01 0.34% |
Delivery Pink Sheet Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Delivery Hero stock prices and determine the direction of Delivery Hero SE's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Delivery Hero's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Delivery Hero to cross-verify your projections. Delivery |
Most investors in Delivery Hero cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Delivery Hero's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Delivery Hero's price structures and extracts relationships that further increase the generated results' accuracy.
| Previous Kurtosis | Kurtosis | Trend |
| 0 | 0 |
| Check Delivery Hero Volatility | Backtest Delivery Hero | Information Ratio |
Delivery Hero Trading Date Momentum
| On April 23 2024 Delivery Hero SE was traded for 2.93 at the closing time. The highest daily price throughout the period was 2.95 and the lowest price was 2.90 . There was no trading activity during the period 0.0. Lack of trading volume on 04/23/2024 did not affect price variability. The overall trading delta to current closing price is 0.68% . |
| Compare Delivery Hero to competition |
Other Forecasting Options for Delivery Hero
For every potential investor in Delivery, whether a beginner or expert, Delivery Hero's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Delivery Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Delivery. Basic forecasting techniques help filter out the noise by identifying Delivery Hero's price trends.Delivery Hero Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Delivery Hero pink sheet to make a market-neutral strategy. Peer analysis of Delivery Hero could also be used in its relative valuation, which is a method of valuing Delivery Hero by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Delivery Hero SE Technical and Predictive Analytics
The pink sheet market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Delivery Hero's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Delivery Hero's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Delivery Hero Market Strength Events
Market strength indicators help investors to evaluate how Delivery Hero pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Delivery Hero shares will generate the highest return on investment. By undertsting and applying Delivery Hero pink sheet market strength indicators, traders can identify Delivery Hero SE entry and exit signals to maximize returns.
Delivery Hero Risk Indicators
The analysis of Delivery Hero's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Delivery Hero's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting delivery pink sheet prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 3.56 | |||
| Semi Deviation | 4.52 | |||
| Standard Deviation | 5.47 | |||
| Variance | 29.95 | |||
| Downside Variance | 29.85 | |||
| Semi Variance | 20.45 | |||
| Expected Short fall | (4.35) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Pair Trading with Delivery Hero
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 Delivery Hero 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 Delivery Hero will appreciate offsetting losses from the drop in the long position's value.Moving together with Delivery Pink Sheet
| 0.64 | AMZN | Amazon Inc Earnings Call This Week | PairCorr |
| 0.87 | MPNGF | Meituan | PairCorr |
Moving against Delivery Pink Sheet
| 0.76 | MELI | MercadoLibre Financial Report 1st of May 2024 | PairCorr |
| 0.49 | PDD | Pinduoduo Upward Rally | PairCorr |
| 0.41 | INRE | Inland Real Estateome | PairCorr |
The ability to find closely correlated positions to Delivery Hero could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Delivery Hero 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 Delivery Hero - 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 Delivery Hero SE to buy it.
The correlation of Delivery Hero 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 Delivery Hero moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Delivery Hero SE 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 Delivery Hero 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 Historical Fundamental Analysis of Delivery Hero to cross-verify your projections. Note that the Delivery Hero SE information on this page should be used as a complementary analysis to other Delivery Hero's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Delivery Pink Sheet analysis
When running Delivery Hero's price analysis, check to measure Delivery Hero'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 Delivery Hero is operating at the current time. Most of Delivery Hero's value examination focuses on studying past and present price action to predict the probability of Delivery Hero's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Delivery Hero's price. Additionally, you may evaluate how the addition of Delivery Hero to your portfolios can decrease your overall portfolio volatility.
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