DLNDY OTC Stock Market Value

DLNDY
 Stock
  

USD 3.21  0.02  0.63%   

D L's market value is the price at which a share of D L stock trades on a public exchange. It measures the collective expectations of D L Industries investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of D L Industries and determine expected loss or profit from investing in D L over a given investment horizon. Continue to D L Correlation, D L Volatility and D L Alpha and Beta module to complement your research on D L.
Symbol


Please note, there is a significant difference between D L's value and its price as these two are different measures arrived at by different means. Investors typically determine D L value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, D L's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

D L '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 D L's otc stock 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 D L.
0.00
12/10/2020
No Change 0.00  0.0 
In 1 year 11 months and 22 days
11/30/2022
0.00
If you would invest  0.00  in D L on December 10, 2020 and sell it all today you would earn a total of 0.00 from holding D L Industries or generate 0.0% return on investment in D L over 720 days. D L is related to or competes with Ecolab, Albemarle Corp, Air Products, and Sherwin Williams. DL Industries, Inc. provides products for food ingredients, oleochemicals for personal and home care use, raw materials ... More

D L 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 D L's otc stock 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 D L Industries upside and downside potential and time the market with a certain degree of confidence.

D L Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for D L's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as D L's standard deviation. In reality, there are many statistical measures that can use D L historical prices to predict the future D L's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of D L'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. Please use the tools below to analyze the current value of D L in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.163.196.73
Details
Intrinsic
Valuation
LowReal ValueHigh
0.132.656.19
Details
Naive
Forecast
LowNext ValueHigh
0.073.326.86
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
2.873.083.30
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as D L. Your research has to be compared to or analyzed against D L's peers to derive any actionable benefits. When done correctly, D L's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in D L Industries.

D L Industries Backtested Returns

We consider D L risky. D L Industries secures Sharpe Ratio (or Efficiency) of 0.0203, which denotes the company had 0.0203% of return per unit of risk over the last 3 months. Our approach into 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-six technical indicators for D L Industries, which you can use to evaluate the future volatility of the entity. Please confirm D L Industries Mean Deviation of 2.46, semi deviation of 3.18, and Downside Deviation of 4.21 to check if the risk estimate we provide is consistent with the expected return of 0.0716%.
D L has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.6723, which means possible diversification benefits within a given portfolio. Let's try to break down what DLNDY's beta means in this case. As returns on the market increase, returns on owning D L are expected to decrease at a much lower rate. During the bear market, D L is likely to outperform the market. Although it is important to respect D L Industries historical returns, it is better to be realistic regarding the information on the equity's current trending patterns. The approach into 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 analyzing D L Industries technical indicators, you can at this moment evaluate if the expected return of 0.0716% will be sustainable into the future. D L Industries today shows a risk of 3.54%. Please confirm D L Industries treynor ratio, as well as the relationship between the expected short fall and day typical price to decide if D L Industries will be following its price patterns.

Auto-correlation

    
  -0.56  

Good reverse predictability

D L Industries has good reverse predictability. Overlapping area represents the amount of predictability between D L time series from 10th of December 2020 to 5th of December 2021 and 5th of December 2021 to 30th of November 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of D L Industries price movement. The serial correlation of -0.56 indicates that roughly 56.0% of current D L price fluctuation can be explain by its past prices.
Correlation Coefficient-0.56
Spearman Rank Test-0.61
Residual Average0.0
Price Variance0.19

D L Industries lagged returns against current returns

Autocorrelation, which is D L otc stock'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 D L's otc stock expected returns. We can calculate the autocorrelation of D L returns to help us make a trade decision. For example, suppose you find that D L otc stock has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
   Current and Lagged Values   
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       Timeline  

D L 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 D L otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if D L otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in D L otc stock over time.
   Current vs Lagged Prices   
Share
       Timeline  

D L Lagged Returns

When evaluating D L's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of D L otc stock have on its future price. D L 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, D L autocorrelation shows the relationship between D L otc stock current value and its past values and can show if there is a momentum factor associated with investing in D L Industries.
   Regressed Prices   
Share
       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 D L 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, D L's short interest history, or implied volatility extrapolated from D L options trading.

Pair Trading with D L

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 D L 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 D L will appreciate offsetting losses from the drop in the long position's value.

Moving together with D L

+0.67ULTAUlta Beauty Earnings Call  TomorrowPairCorr

Moving against D L

-0.66AZPNAspen Technology Sell-off TrendPairCorr
The ability to find closely correlated positions to D L could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace D L 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 D L - 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 D L Industries to buy it.
The correlation of D L is a statistical measure of how it moves in relation to other equities. 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 D L moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if D L Industries 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 D L 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.
Pair CorrelationCorrelation Matching
Continue to D L Correlation, D L Volatility and D L Alpha and Beta module to complement your research on D L. Note that the D L Industries information on this page should be used as a complementary analysis to other D L's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Analyst Recommendations module to analyst recommendations and target price estimates broken down by several categories.

Complementary Tools for DLNDY OTC Stock analysis

When running D L Industries price analysis, check to measure D L'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 D L is operating at the current time. Most of D L's value examination focuses on studying past and present price action to predict the probability of D L's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move D L's price. Additionally, you may evaluate how the addition of D L to your portfolios can decrease your overall portfolio volatility.
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D L technical otc stock 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, otc market cycles, or different charting patterns.
A focus of D L technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of D L trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...