Christian Dior Se Stock Market Value
| CHDRF Stock | USD 800.00 0.00 0.00% |
| Symbol | Christian |
Christian Dior '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 Christian Dior's pink sheet 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 Christian Dior.
| 07/27/2023 |
| 04/22/2024 |
If you would invest 0.00 in Christian Dior on July 27, 2023 and sell it all today you would earn a total of 0.00 from holding Christian Dior SE or generate 0.0% return on investment in Christian Dior over 270 days. Christian Dior is related to or competes with Hermes International, Kering SA, Kering SA, Prada SpA, Compagnie Financiere, Swatch Group, and Prada Spa. Christian Dior SE, through its subsidiaries, engages in the production, distribution, and retail of fashion and leather ... More
Christian Dior 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 Christian Dior's pink sheet 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 Christian Dior SE upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.08 | |||
| Information Ratio | 0.08 | |||
| Maximum Drawdown | 14.55 | |||
| Value At Risk | (2.50) | |||
| Potential Upside | 5.14 |
Christian Dior Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Christian Dior's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Christian Dior's standard deviation. In reality, there are many statistical measures that can use Christian Dior historical prices to predict the future Christian Dior's volatility.| Risk Adjusted Performance | 0.0803 | |||
| Jensen Alpha | 0.1959 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.056 | |||
| Treynor Ratio | 0.3587 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Christian Dior'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.
Christian Dior SE Backtested Returns
Christian Dior appears to be very steady, given 3 months investment horizon. Christian Dior SE secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the company had a 0.12% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Christian Dior SE, which you can use to evaluate the volatility of the firm. Please makes use of Christian Dior's Risk Adjusted Performance of 0.0803, mean deviation of 1.15, and Downside Deviation of 3.08 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Christian Dior holds a performance score of 9. The firm shows a Beta (market volatility) of 0.69, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Christian Dior's returns are expected to increase less than the market. However, during the bear market, the loss of holding Christian Dior is expected to be smaller as well. Please check Christian Dior's treynor ratio, as well as the relationship between the downside variance and kurtosis , to make a quick decision on whether Christian Dior's price patterns will revert.
Auto-correlation | -0.64 |
Very good reverse predictability
Christian Dior SE has very good reverse predictability. Overlapping area represents the amount of predictability between Christian Dior time series from 27th of July 2023 to 9th of December 2023 and 9th of December 2023 to 22nd of April 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 Christian Dior SE price movement. The serial correlation of -0.64 indicates that roughly 64.0% of current Christian Dior price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.64 | |
| Spearman Rank Test | -0.44 | |
| Residual Average | 0.0 | |
| Price Variance | 3231.72 |
Christian Dior SE lagged returns against current returns
Autocorrelation, which is Christian Dior pink sheet'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 Christian Dior's pink sheet expected returns. We can calculate the autocorrelation of Christian Dior returns to help us make a trade decision. For example, suppose you find that Christian Dior has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Christian Dior 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 Christian Dior pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Christian Dior pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Christian Dior pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Christian Dior Lagged Returns
When evaluating Christian Dior's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Christian Dior pink sheet have on its future price. Christian Dior 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, Christian Dior autocorrelation shows the relationship between Christian Dior pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Christian Dior SE.
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 Christian Dior 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, Christian Dior's short interest history, or implied volatility extrapolated from Christian Dior options trading.
Pair Trading with Christian Dior
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 Christian Dior 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 Christian Dior will appreciate offsetting losses from the drop in the long position's value.Moving together with Christian Pink Sheet
| 0.9 | LVMHF | LVMH Mot Hennessy | PairCorr |
| 0.87 | HESAY | Hermes International Earnings Call This Week | PairCorr |
| 0.87 | HESAF | Hermes International SCA | PairCorr |
| 0.87 | CHDRY | Christian Dior SE | PairCorr |
Moving against Christian Pink Sheet
| 0.52 | AVAL | Grupo Aval Financial Report 15th of May 2024 | PairCorr |
The ability to find closely correlated positions to Christian Dior could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Christian Dior 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 Christian Dior - 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 Christian Dior SE to buy it.
The correlation of Christian Dior 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 Christian Dior moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Christian Dior 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 Christian Dior 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 Christian Dior Correlation, Christian Dior Volatility and Christian Dior Alpha and Beta module to complement your research on Christian Dior. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Complementary Tools for Christian Pink Sheet analysis
When running Christian Dior's price analysis, check to measure Christian Dior'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 Christian Dior is operating at the current time. Most of Christian Dior's value examination focuses on studying past and present price action to predict the probability of Christian Dior's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Christian Dior's price. Additionally, you may evaluate how the addition of Christian Dior to your portfolios can decrease your overall portfolio volatility.
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Christian Dior technical pink sheet 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, pink sheet market cycles, or different charting patterns.