Droneshield (Australia) Market Value
| DRO Stock | 3.43 0.08 2.28% |
| Symbol | Droneshield |
Droneshield '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 Droneshield'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 Droneshield.
| 04/21/2025 |
| 07/20/2025 |
If you would invest 0.00 in Droneshield on April 21, 2025 and sell it all today you would earn a total of 0.00 from holding Droneshield or generate 0.0% return on investment in Droneshield over 90 days. Droneshield is related to or competes with Ainsworth Game, Retail Food, Dexus Convenience, Emvision Medical, Clean Seas, Collins Foods, and Pinnacle Investment. Droneshield is entity of Australia. It is traded as Stock on AU exchange. More
Droneshield 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 Droneshield'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 Droneshield upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.74 | |||
| Information Ratio | 0.3193 | |||
| Maximum Drawdown | 28.62 | |||
| Value At Risk | (4.91) | |||
| Potential Upside | 12.86 |
Droneshield Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Droneshield's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Droneshield's standard deviation. In reality, there are many statistical measures that can use Droneshield historical prices to predict the future Droneshield's volatility.| Risk Adjusted Performance | 0.3292 | |||
| Jensen Alpha | 2.05 | |||
| Total Risk Alpha | 1.17 | |||
| Sortino Ratio | 0.4963 | |||
| Treynor Ratio | (4.45) |
Droneshield Backtested Returns
Droneshield is dangerous given 3 months investment horizon. Droneshield secures Sharpe Ratio (or Efficiency) of 0.32, which denotes the company had a 0.32 % return per unit of risk over the last 3 months. We were able to break down and interpolate data for thirty different technical indicators, which can help you to evaluate if expected returns of 1.84% are justified by taking the suggested risk. Use Droneshield Downside Deviation of 3.74, coefficient of variation of 291.09, and Mean Deviation of 4.58 to evaluate company specific risk that cannot be diversified away. Droneshield holds a performance score of 24 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -0.45, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Droneshield are expected to decrease at a much lower rate. During the bear market, Droneshield is likely to outperform the market. Use Droneshield total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to analyze future returns on Droneshield.
Auto-correlation | 0.37 |
Below average predictability
Droneshield has below average predictability. Overlapping area represents the amount of predictability between Droneshield time series from 21st of April 2025 to 5th of June 2025 and 5th of June 2025 to 20th 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 Droneshield price movement. The serial correlation of 0.37 indicates that just about 37.0% of current Droneshield price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.37 | |
| Spearman Rank Test | 0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 0.44 |
Droneshield lagged returns against current returns
Autocorrelation, which is Droneshield 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 Droneshield's stock expected returns. We can calculate the autocorrelation of Droneshield returns to help us make a trade decision. For example, suppose you find that Droneshield 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 |
Droneshield 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 Droneshield stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Droneshield stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Droneshield stock over time.
Current vs Lagged Prices |
| Timeline |
Droneshield Lagged Returns
When evaluating Droneshield's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Droneshield stock have on its future price. Droneshield 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, Droneshield autocorrelation shows the relationship between Droneshield stock current value and its past values and can show if there is a momentum factor associated with investing in Droneshield.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Droneshield Stock Analysis
When running Droneshield's price analysis, check to measure Droneshield'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 Droneshield is operating at the current time. Most of Droneshield's value examination focuses on studying past and present price action to predict the probability of Droneshield's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Droneshield's price. Additionally, you may evaluate how the addition of Droneshield to your portfolios can decrease your overall portfolio volatility.