Dassault Systemes Sa Stock Market Value
DASTY Stock | USD 41.65 0.55 1.34% |
Symbol | Dassault |
Dassault Systemes '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 Dassault Systemes' 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 Dassault Systemes.
05/01/2023 |
| 04/25/2024 |
If you would invest 0.00 in Dassault Systemes on May 1, 2023 and sell it all today you would earn a total of 0.00 from holding Dassault Systemes SA or generate 0.0% return on investment in Dassault Systemes over 360 days. Dassault Systemes is related to or competes with NCino, Thinkific Labs, Dassault Systemes, Snowflake, Zoom Video, and Shopify. Dassault Systmes SE provides software solutions and services worldwide More
Dassault Systemes 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 Dassault Systemes' 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 Dassault Systemes SA upside and downside potential and time the market with a certain degree of confidence.
Information Ratio | (0.23) | |||
Maximum Drawdown | 10.69 | |||
Value At Risk | (3.05) | |||
Potential Upside | 1.63 |
Dassault Systemes Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dassault Systemes' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dassault Systemes' standard deviation. In reality, there are many statistical measures that can use Dassault Systemes historical prices to predict the future Dassault Systemes' volatility.Risk Adjusted Performance | (0.10) | |||
Jensen Alpha | (0.36) | |||
Total Risk Alpha | (0.54) | |||
Treynor Ratio | (0.55) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Dassault Systemes' 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.
Dassault Systemes Backtested Returns
Dassault Systemes secures Sharpe Ratio (or Efficiency) of -0.19, which denotes the company had a -0.19% return per unit of risk over the last 3 months. Dassault Systemes SA exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dassault Systemes' Standard Deviation of 1.7, mean deviation of 1.11, and Variance of 2.9 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.56, which means possible diversification benefits within a given portfolio. As returns on the market increase, Dassault Systemes' returns are expected to increase less than the market. However, during the bear market, the loss of holding Dassault Systemes is expected to be smaller as well. Dassault Systemes has an expected return of -0.34%. Please make sure to confirm Dassault Systemes treynor ratio, accumulation distribution, as well as the relationship between the Accumulation Distribution and period momentum indicator , to decide if Dassault Systemes performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.71 |
Good predictability
Dassault Systemes SA has good predictability. Overlapping area represents the amount of predictability between Dassault Systemes time series from 1st of May 2023 to 28th of October 2023 and 28th of October 2023 to 25th 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 Dassault Systemes price movement. The serial correlation of 0.71 indicates that around 71.0% of current Dassault Systemes price fluctuation can be explain by its past prices.
Correlation Coefficient | 0.71 | |
Spearman Rank Test | 0.21 | |
Residual Average | 0.0 | |
Price Variance | 7.9 |
Dassault Systemes lagged returns against current returns
Autocorrelation, which is Dassault Systemes 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 Dassault Systemes' pink sheet expected returns. We can calculate the autocorrelation of Dassault Systemes returns to help us make a trade decision. For example, suppose you find that Dassault Systemes 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 |
Dassault Systemes 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 Dassault Systemes pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dassault Systemes pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dassault Systemes pink sheet over time.
Current vs Lagged Prices |
Timeline |
Dassault Systemes Lagged Returns
When evaluating Dassault Systemes' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dassault Systemes pink sheet have on its future price. Dassault Systemes 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, Dassault Systemes autocorrelation shows the relationship between Dassault Systemes pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Dassault Systemes SA.
Regressed Prices |
Timeline |
Pair Trading with Dassault Systemes
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 Dassault Systemes 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 Dassault Systemes will appreciate offsetting losses from the drop in the long position's value.Moving against Dassault Pink Sheet
0.87 | GE | GE Aerospace Financial Report 23rd of July 2024 | PairCorr |
0.86 | CAT | Caterpillar Earnings Call Today | PairCorr |
0.83 | CVX | Chevron Corp Earnings Call Tomorrow | PairCorr |
0.77 | MCHB | Mechanics Bank | PairCorr |
0.77 | AXP | American Express Financial Report 19th of July 2024 | PairCorr |
The ability to find closely correlated positions to Dassault Systemes could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dassault Systemes 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 Dassault Systemes - 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 Dassault Systemes SA to buy it.
The correlation of Dassault Systemes 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 Dassault Systemes moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dassault Systemes 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 Dassault Systemes 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 Dassault Systemes Correlation, Dassault Systemes Volatility and Dassault Systemes Alpha and Beta module to complement your research on Dassault Systemes. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Complementary Tools for Dassault Pink Sheet analysis
When running Dassault Systemes' price analysis, check to measure Dassault Systemes' 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 Dassault Systemes is operating at the current time. Most of Dassault Systemes' value examination focuses on studying past and present price action to predict the probability of Dassault Systemes' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dassault Systemes' price. Additionally, you may evaluate how the addition of Dassault Systemes to your portfolios can decrease your overall portfolio volatility.
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Dassault Systemes 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.