Devyser Diagnostics (Sweden) Market Value
| DVYSR Stock | 133.60 0.40 0.30% |
| Symbol | Devyser |
Devyser Diagnostics '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 Devyser Diagnostics' 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 Devyser Diagnostics.
| 04/22/2025 |
| 07/21/2025 |
If you would invest 0.00 in Devyser Diagnostics on April 22, 2025 and sell it all today you would earn a total of 0.00 from holding Devyser Diagnostics AB or generate 0.0% return on investment in Devyser Diagnostics over 90 days. Devyser Diagnostics is related to or competes with Vitrolife, Beijer Ref, Biotage AB, CellaVision, and Addtech AB. More
Devyser Diagnostics 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 Devyser Diagnostics' 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 Devyser Diagnostics AB upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.22 | |||
| Information Ratio | 0.1894 | |||
| Maximum Drawdown | 15.54 | |||
| Value At Risk | (3.48) | |||
| Potential Upside | 4.96 |
Devyser Diagnostics Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Devyser Diagnostics' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Devyser Diagnostics' standard deviation. In reality, there are many statistical measures that can use Devyser Diagnostics historical prices to predict the future Devyser Diagnostics' volatility.| Risk Adjusted Performance | 0.2312 | |||
| Jensen Alpha | 0.6427 | |||
| Total Risk Alpha | 0.2668 | |||
| Sortino Ratio | 0.2346 | |||
| Treynor Ratio | 8.7 |
Devyser Diagnostics Backtested Returns
Devyser Diagnostics appears to be very steady, given 3 months investment horizon. Devyser Diagnostics secures Sharpe Ratio (or Efficiency) of 0.21, which denotes the company had a 0.21 % return per unit of risk over the last 3 months. By reviewing Devyser Diagnostics' technical indicators, you can evaluate if the expected return of 0.5% is justified by implied risk. Please utilize Devyser Diagnostics' Coefficient Of Variation of 415.78, downside deviation of 2.22, and Mean Deviation of 2.0 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Devyser Diagnostics holds a performance score of 16. The firm shows a Beta (market volatility) of 0.075, which means not very significant fluctuations relative to the market. As returns on the market increase, Devyser Diagnostics' returns are expected to increase less than the market. However, during the bear market, the loss of holding Devyser Diagnostics is expected to be smaller as well. Please check Devyser Diagnostics' downside variance, as well as the relationship between the daily balance of power and period momentum indicator , to make a quick decision on whether Devyser Diagnostics' price patterns will revert.
Auto-correlation | 0.27 |
Poor predictability
Devyser Diagnostics AB has poor predictability. Overlapping area represents the amount of predictability between Devyser Diagnostics time series from 22nd of April 2025 to 6th of June 2025 and 6th of June 2025 to 21st 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 Devyser Diagnostics price movement. The serial correlation of 0.27 indicates that nearly 27.0% of current Devyser Diagnostics price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.27 | |
| Spearman Rank Test | 0.34 | |
| Residual Average | 0.0 | |
| Price Variance | 66.94 |
Devyser Diagnostics lagged returns against current returns
Autocorrelation, which is Devyser Diagnostics 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 Devyser Diagnostics' stock expected returns. We can calculate the autocorrelation of Devyser Diagnostics returns to help us make a trade decision. For example, suppose you find that Devyser Diagnostics 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 |
Devyser Diagnostics 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 Devyser Diagnostics stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Devyser Diagnostics stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Devyser Diagnostics stock over time.
Current vs Lagged Prices |
| Timeline |
Devyser Diagnostics Lagged Returns
When evaluating Devyser Diagnostics' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Devyser Diagnostics stock have on its future price. Devyser Diagnostics 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, Devyser Diagnostics autocorrelation shows the relationship between Devyser Diagnostics stock current value and its past values and can show if there is a momentum factor associated with investing in Devyser Diagnostics AB.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Devyser Stock Analysis
When running Devyser Diagnostics' price analysis, check to measure Devyser Diagnostics' 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 Devyser Diagnostics is operating at the current time. Most of Devyser Diagnostics' value examination focuses on studying past and present price action to predict the probability of Devyser Diagnostics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Devyser Diagnostics' price. Additionally, you may evaluate how the addition of Devyser Diagnostics to your portfolios can decrease your overall portfolio volatility.