Dimand SA (Greece) Market Value
| DIMAND Stock | 9.66 0.16 1.68% |
| Symbol | Dimand |
Dimand SA '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 Dimand SA's 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 Dimand SA.
| 04/24/2025 |
| 07/23/2025 |
If you would invest 0.00 in Dimand SA on April 24, 2025 and sell it all today you would earn a total of 0.00 from holding Dimand SA or generate 0.0% return on investment in Dimand SA over 90 days. Dimand SA is related to or competes with Hellenic Petroleum, Mueller Industries, Motor Oil, and Mytilineos. More
Dimand SA 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 Dimand SA's 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 Dimand SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.34 | |||
| Information Ratio | 0.0357 | |||
| Maximum Drawdown | 7.46 | |||
| Value At Risk | (2.04) | |||
| Potential Upside | 2.89 |
Dimand SA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dimand SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dimand SA's standard deviation. In reality, there are many statistical measures that can use Dimand SA historical prices to predict the future Dimand SA's volatility.| Risk Adjusted Performance | 0.1491 | |||
| Jensen Alpha | 0.2227 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | 0.038 | |||
| Treynor Ratio | (10.19) |
Dimand SA Backtested Returns
Dimand SA appears to be not too volatile, given 3 months investment horizon. Dimand SA secures Sharpe Ratio (or Efficiency) of 0.16, which denotes the company had a 0.16 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Dimand SA, which you can use to evaluate the volatility of the firm. Please utilize Dimand SA's Mean Deviation of 0.9748, coefficient of variation of 620.42, and Downside Deviation of 1.34 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Dimand SA holds a performance score of 12. The firm shows a Beta (market volatility) of -0.0215, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Dimand SA are expected to decrease at a much lower rate. During the bear market, Dimand SA is likely to outperform the market. Please check Dimand SA's total risk alpha, expected short fall, price action indicator, as well as the relationship between the value at risk and daily balance of power , to make a quick decision on whether Dimand SA's price patterns will revert.
Auto-correlation | -0.02 |
Very weak reverse predictability
Dimand SA has very weak reverse predictability. Overlapping area represents the amount of predictability between Dimand SA time series from 24th of April 2025 to 8th of June 2025 and 8th of June 2025 to 23rd of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Dimand SA price movement. The serial correlation of -0.02 indicates that only 2.0% of current Dimand SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.02 | |
| Spearman Rank Test | -0.32 | |
| Residual Average | 0.0 | |
| Price Variance | 0.18 |
Dimand SA lagged returns against current returns
Autocorrelation, which is Dimand SA 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 Dimand SA's stock expected returns. We can calculate the autocorrelation of Dimand SA returns to help us make a trade decision. For example, suppose you find that Dimand SA 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 price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Dimand SA 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 Dimand SA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dimand SA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dimand SA stock over time.
Current vs Lagged Prices |
| Timeline |
Dimand SA Lagged Returns
When evaluating Dimand SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dimand SA stock have on its future price. Dimand SA 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, Dimand SA autocorrelation shows the relationship between Dimand SA stock current value and its past values and can show if there is a momentum factor associated with investing in Dimand SA.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Dimand Stock
Dimand SA financial ratios help investors to determine whether Dimand Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Dimand with respect to the benefits of owning Dimand SA security.