Diebold Nixdorf Incorporated Stock Market Value
DBD Stock | USD 32.93 0.41 1.26% |
Symbol | Diebold |
Diebold Nixdorf '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 Diebold Nixdorf's 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 Diebold Nixdorf.
03/26/2024 |
| 04/25/2024 |
If you would invest 0.00 in Diebold Nixdorf on March 26, 2024 and sell it all today you would earn a total of 0.00 from holding Diebold Nixdorf Incorporated or generate 0.0% return on investment in Diebold Nixdorf over 30 days. Diebold Nixdorf is related to or competes with American Software, Alkami Technology, Blackbaud, Enfusion, Clearwater Analytics, Expensify, and Model N. Diebold Nixdorf, Incorporated provides connected commerce solutions to financial institutions and retailers in Western E... More
Diebold Nixdorf 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 Diebold Nixdorf's 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 Diebold Nixdorf Incorporated upside and downside potential and time the market with a certain degree of confidence.
Downside Deviation | 1.66 | |||
Information Ratio | (0.0006) | |||
Maximum Drawdown | 10.35 | |||
Value At Risk | (2.42) | |||
Potential Upside | 3.7 |
Diebold Nixdorf Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Diebold Nixdorf's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Diebold Nixdorf's standard deviation. In reality, there are many statistical measures that can use Diebold Nixdorf historical prices to predict the future Diebold Nixdorf's volatility.Risk Adjusted Performance | 0.0383 | |||
Jensen Alpha | (0) | |||
Total Risk Alpha | (0.17) | |||
Sortino Ratio | (0.0006) | |||
Treynor Ratio | 0.0835 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Diebold Nixdorf'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.
Diebold Nixdorf rporated Backtested Returns
We consider Diebold Nixdorf very steady. Diebold Nixdorf rporated secures Sharpe Ratio (or Efficiency) of 0.0578, which denotes the company had a 0.0578% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Diebold Nixdorf Incorporated, which you can use to evaluate the volatility of the firm. Please confirm Diebold Nixdorf's Mean Deviation of 1.33, semi deviation of 1.53, and Downside Deviation of 1.66 to check if the risk estimate we provide is consistent with the expected return of 0.11%. Diebold Nixdorf has a performance score of 4 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 1.01, which means a somewhat significant risk relative to the market. Diebold Nixdorf returns are very sensitive to returns on the market. As the market goes up or down, Diebold Nixdorf is expected to follow. Diebold Nixdorf rporated right now shows a risk of 1.92%. Please confirm Diebold Nixdorf rporated jensen alpha, maximum drawdown, and the relationship between the coefficient of variation and sortino ratio , to decide if Diebold Nixdorf rporated will be following its price patterns.
Auto-correlation | 0.07 |
Virtually no predictability
Diebold Nixdorf Incorporated has virtually no predictability. Overlapping area represents the amount of predictability between Diebold Nixdorf time series from 26th of March 2024 to 10th of April 2024 and 10th of April 2024 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 Diebold Nixdorf rporated price movement. The serial correlation of 0.07 indicates that barely 7.0% of current Diebold Nixdorf price fluctuation can be explain by its past prices.
Correlation Coefficient | 0.07 | |
Spearman Rank Test | 0.02 | |
Residual Average | 0.0 | |
Price Variance | 0.37 |
Diebold Nixdorf rporated lagged returns against current returns
Autocorrelation, which is Diebold Nixdorf 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 Diebold Nixdorf's pink sheet expected returns. We can calculate the autocorrelation of Diebold Nixdorf returns to help us make a trade decision. For example, suppose you find that Diebold Nixdorf 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 |
Diebold Nixdorf 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 Diebold Nixdorf pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Diebold Nixdorf pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Diebold Nixdorf pink sheet over time.
Current vs Lagged Prices |
Timeline |
Diebold Nixdorf Lagged Returns
When evaluating Diebold Nixdorf's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Diebold Nixdorf pink sheet have on its future price. Diebold Nixdorf 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, Diebold Nixdorf autocorrelation shows the relationship between Diebold Nixdorf pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Diebold Nixdorf Incorporated.
Regressed Prices |
Timeline |
Pair Trading with Diebold Nixdorf
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 Diebold Nixdorf 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 Diebold Nixdorf will appreciate offsetting losses from the drop in the long position's value.Moving against Diebold Pink Sheet
0.77 | DT | Dynatrace Holdings LLC Financial Report 15th of May 2024 | PairCorr |
0.7 | NOGWQ | Nogin Inc | PairCorr |
0.63 | DMAN | Innovativ Media Group | PairCorr |
0.53 | WK | Workiva Earnings Call This Week | PairCorr |
0.48 | EB | Eventbrite Class A Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Diebold Nixdorf could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Diebold Nixdorf 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 Diebold Nixdorf - 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 Diebold Nixdorf Incorporated to buy it.
The correlation of Diebold Nixdorf 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 Diebold Nixdorf moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Diebold Nixdorf rporated 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 Diebold Nixdorf 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 Diebold Nixdorf Correlation, Diebold Nixdorf Volatility and Diebold Nixdorf Alpha and Beta module to complement your research on Diebold Nixdorf. Note that the Diebold Nixdorf rporated information on this page should be used as a complementary analysis to other Diebold Nixdorf'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 the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Complementary Tools for Diebold Pink Sheet analysis
When running Diebold Nixdorf's price analysis, check to measure Diebold Nixdorf'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 Diebold Nixdorf is operating at the current time. Most of Diebold Nixdorf's value examination focuses on studying past and present price action to predict the probability of Diebold Nixdorf's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Diebold Nixdorf's price. Additionally, you may evaluate how the addition of Diebold Nixdorf to your portfolios can decrease your overall portfolio volatility.
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Diebold Nixdorf 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.