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DSV Panalpina Backtesting

<div class='circular--portrait' style='background:#0D8ECF;color: white;font-size:3em;padding-top: 40px;;'>DSV</div>
DSV -- Denmark Stock  

DKK 588.60  1.60  0.27%

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

DSV Panalpina 'What if' Analysis

0.00
12/30/2019
No Change 0.00  0.0 
In 2 months and 31 days
03/29/2020
0.00
If you would invest  0.00  in DSV Panalpina on December 30, 2019 and sell it all today you would earn a total of 0.00 from holding DSV Panalpina AS or generate 0.0% return on investment in DSV Panalpina over 90 days. DSV Panalpina is related to or competes with DFDS AS. DSV Panalpina AS provides transport and logistics services in Europe, the Middle East, Africa, North America, South Amer...

DSV Panalpina Upside/Downside Indicators

Information Ratio0.0209
Maximum Drawdown22.25
Value At Risk(6.72)
Potential Upside5.34

DSV Panalpina Market Premium Indicators

Risk Adjusted Performance(0.24)
Jensen Alpha(0.07)
Total Risk Alpha0.1167
Treynor Ratio(0.48)

DSV Panalpina AS Backtested Returns

Macroaxis considers DSV Panalpina to be very steady. DSV Panalpina AS secures Sharpe Ratio (or Efficiency) of -0.0914, which denotes the organization had -0.0914% of return per unit of volatility over the last 3 months. Macroaxis approach towards predicting risk of any stock is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. DSV Panalpina AS exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm DSV Panalpina AS Market Risk Adjusted Performance of (0.47) and Mean Deviation of 2.48 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.566, which denotes to the fact that as returns on market increase, DSV Panalpina returns are expected to increase less than the market. However, during bear market, the loss on holding DSV Panalpina will be expected to be smaller as well. Even though it is essential to pay attention to DSV Panalpina AS historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis approach towards predicting future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. DSV Panalpina AS exposes twenty-one different technical indicators, which can help you to evaluate its performance. DSV Panalpina AS has an expected return of -0.4211%. Please be advised to confirm DSV Panalpina AS Treynor Ratio, Downside Variance, Kurtosis, as well as the relationship between Value At Risk and Expected Short fall to decide if DSV Panalpina AS stock performance from the past will be repeated at future time.
AdviceVolatility TrendExposureCorrelations
15 days auto-correlation 0.25 
correlation synergy

Poor predictability

DSV Panalpina AS has poor predictability. Overlapping area represents the amount of predictability between DSV Panalpina time series from December 30, 2019 to February 13, 2020 and February 13, 2020 to March 29, 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 Panalpina AS price movement. The serial correlation of 0.25 indicates that over 25.0% of current DSV Panalpina price fluctuation can be explain by its past prices.
Correlation Coefficient0.25
Spearman Rank Test0.27
Residual Average0.0
Price Variance11201.31

DSV Panalpina AS lagged returns against current returns

 Current and Lagged Values 
    
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DSV Panalpina regressed lagged prices vs. current prices

 Current vs Lagged Prices 
    
  Timeline 

DSV Panalpina Lagged Returns

 Regressed Prices 
    
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Current Sentiment - DSV

DSV Panalpina AS Investor Sentiment

Most of Macroaxis users are currently bullish on DSV Panalpina AS. What is your opinion about investing in DSV Panalpina AS? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish
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DSV Panalpina Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for DSV Panalpina and DFDS AS. 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
Run Pair Correlation  
Continue to DSV Panalpina Hype Analysis, DSV Panalpina Correlation, DSV Panalpina Valuation, DSV Panalpina Volatility as well as analyze DSV Panalpina Alpha and Beta and DSV Panalpina Performance. Please also try Companies Directory module to evaluate performance of over 100,000 stocks, funds, and etfs against different fundamentals.
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