DSV Panalpina Backtesting

<div class='circular--portrait' style='background:#3b5998;color: #F0F8FF;font-size:4em;padding-top: 25px;;'>DP</div>
DSV -- Denmark Stock  

DKK 831.00  7.40  0.90%

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.

DSV Panalpina 'What if' Analysis

No Change 0.00  0.0 
In 2 months and 31 days
If you would invest  0.00  in DSV Panalpina on April 6, 2020 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

Downside Deviation1.89
Information Ratio0.2372
Maximum Drawdown14.05
Value At Risk(2.13)
Potential Upside5.28

DSV Panalpina Market Premium Indicators

Risk Adjusted Performance0.7339
Jensen Alpha0.9125
Total Risk Alpha0.5577
Sortino Ratio0.3236
Treynor Ratio(5.80)

DSV Panalpina AS Backtested Returns

DSV Panalpina appears to be very steady, given 3 months investment horizon. DSV Panalpina AS secures Sharpe Ratio (or Efficiency) of 0.26, which denotes the company had 0.26% of return per unit of volatility over the last 3 months. Our approach 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. By evaluating DSV Panalpina AS technical indicators you can now evaluate if the expected return of 0.56% is justified by implied risk. Please utilize DSV Panalpina AS market risk adjusted performance of (5.79), mean deviation of 1.99, and downside deviation of 1.89 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, DSV Panalpina holds a performance score of 17. The firm shows a Beta (market volatility) of -0.1505, which means not very significant volatility relative to the market. Let's try to break down what DSV Panalpina's beta means in this case. As returns on the market increase, returns on owning DSV Panalpina are expected to decrease at a much lower rate. During the bear market, DSV Panalpina is likely to outperform the market. Although it is vital to follow to DSV Panalpina AS historical returns, it is good to be conservative about what you can do with the information regarding equity current trending patterns. The approach 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. We have found twenty-one technical indicators for DSV Panalpina AS, which you can use to evaluate the performance of the firm. Please utilizes DSV Panalpina AS treynor ratio, downside variance, kurtosis, as well as the relationship between the value at risk and expected short fall to make a quick decision on whether DSV Panalpina price patterns will revert.
AdviceVolatility TrendExposureCorrelations
15 days auto-correlation 0.84 
correlation synergy

Very good predictability

DSV Panalpina AS has very good predictability. Overlapping area represents the amount of predictability between DSV Panalpina time series from 6th of April 2020 to 21st of May 2020 and 21st of May 2020 to 5th of July 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 0.84 indicates that around 84.0% of current DSV Panalpina price fluctuation can be explain by its past prices.
Correlation Coefficient0.84
Spearman Rank Test0.89
Residual Average0.0
Price Variance1388.91

DSV Panalpina AS lagged returns against current returns

 Current and Lagged Values 

DSV Panalpina regressed lagged prices vs. current prices

 Current vs Lagged Prices 

DSV Panalpina Lagged Returns

 Regressed Prices 

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?
98% Bullish
2% Bearish

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 Premium Stories module to follow macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
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