DSDVF Backtesting

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DSDVF -- USA Stock  

USD 107.00  12.32  13.01%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of Dsv AS Ord and determine expected loss or profit from investing in Dsv AS over given investment horizon. Continue to Dsv AS Hype Analysis, Dsv AS Correlation, Dsv AS Valuation, Dsv AS Volatility as well as analyze Dsv AS Alpha and Beta and Dsv AS Performance.

Dsv AS 'What if' Analysis

No Change 0.00  0.0 
In 3 months and 1 day
If you would invest  0.00  in Dsv AS on March 4, 2020 and sell it all today you would earn a total of 0.00 from holding Dsv AS Ord or generate 0.0% return on investment in Dsv AS over 90 days. Dsv AS is related to or competes with United Parcel, FedEx, DEUTSCHE POST, ZTO Express, DSV PANALPINA, and KUEHNE NAGEL. DSV Panalpina AS provides transport and logistics services in Europe, the Middle East, Africa, North America, South Amer...

Dsv AS Upside/Downside Indicators

Information Ratio0.0528
Maximum Drawdown21.68
Potential Upside2.67

Dsv AS Market Premium Indicators

Risk Adjusted Performance0.2697
Jensen Alpha0.2361
Total Risk Alpha0.2029
Treynor Ratio1.35

Dsv AS Ord Backtested Returns

We consider Dsv AS very steady. Dsv AS Ord secures Sharpe Ratio (or Efficiency) of 0.0428, which denotes the organization had 0.0428% of return per unit of risk over the last 3 months. Our philosophy towards predicting the volatility of a stock is to use all available market data together with stock specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Dsv AS Ord, which you can use to evaluate future volatility of the firm. Please confirm Dsv AS Ord Mean Deviation of 1.17 and Coefficient Of Variation of 1493.92 to check if the risk estimate we provide is consistent with the expected return of 0.1658%. Dsv AS has performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.1814, which denotes to the fact that as returns on market increase, Dsv AS returns are expected to increase less than the market. However, during bear market, the loss on holding Dsv AS will be expected to be smaller as well. Although it is extremely important to respect Dsv AS Ord historical returns, it is better to be realistic regarding the information on equity current trending patterns. The philosophy towards predicting future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By reviewing Dsv AS Ord technical indicators you can presently evaluate if the expected return of 0.1658% will be sustainable into the future. Dsv AS Ord right now shows a risk of 3.88%. Please confirm Dsv AS Ord Information Ratio, Value At Risk as well as the relationship between Value At Risk and Expected Short fall to decide if Dsv AS Ord will be following its price patterns.
AdviceVolatility TrendExposureCorrelations
15 days auto-correlation(0.33) 
correlation synergy

Poor reverse predictability

Dsv AS Ord has poor reverse predictability. Overlapping area represents the amount of predictability between Dsv AS time series from 4th of March 2020 to 18th of April 2020 and 18th of April 2020 to 2nd of June 2020. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Dsv AS Ord price movement. The serial correlation of -0.33 indicates that nearly 33.0% of current Dsv AS price fluctuation can be explain by its past prices. Given that Dsv AS Ord has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Dsv AS for similar time interval.
Correlation Coefficient-0.33
Spearman Rank Test-0.47
Residual Average0.0
Price Variance17.94

Dsv AS Ord lagged returns against current returns

 Current and Lagged Values 

Dsv AS regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Dsv AS Lagged Returns

 Regressed Prices 

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Dsv AS Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for Dsv AS and United Parcel Service. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return
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DSV Panalpina AS provides transport and logistics services in Europe, the Middle East, Africa, North America, South America, Asia, Australia, and the Pacific. DSV Panalpina AS was founded in 1976 and is headquartered in Hedehusene, Denmark. Dsv AS operates under Integrated Freight Logistics classification in USA and is traded on BATS Exchange. It employs 58788 people.
Continue to Dsv AS Hype Analysis, Dsv AS Correlation, Dsv AS Valuation, Dsv AS Volatility as well as analyze Dsv AS Alpha and Beta and Dsv AS Performance. Please also try Global Correlations module to find global opportunities by holding instruments from different markets.
Macroaxis is not a registered investment advisor or broker/dealer. All investments, including stocks, funds, ETFs, or cryptocurrencies, are speculative and involve substantial risk of loss. We encourage our investors to invest carefully. Much of our information is derived directly from data published by companies or submitted to governmental agencies which we believe are reliable, but are without our independent verification. Therefore, we cannot assure you that the information is accurate or complete. We do not in any way warrant or guarantee the success of any action you take in reliance on our statements or recommendations. Also, note that past performance is not necessarily indicative of future results. All investments carry risk, and all investment decisions of an individual remain the responsibility of that individual. There is no guarantee that systems, indicators, or signals will result in profits or that they will not result in losses. All investors are advised to fully understand all risks associated with any investing they choose to do. Hypothetical or simulated performance is not indicative of future results. We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown because hypothetical or simulated performance is not necessarily indicative of future results. For more information please visit our terms and condition page