Diageo OTC Stock Market Value

DGEAF
 Stock
  

USD 46.00  1.86  4.21%   

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


Please note, there is a significant difference between Diageo Plc's value and its price as these two are different measures arrived at by different means. Investors typically determine Diageo Plc value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Diageo Plc'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.

Diageo Plc '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 Diageo Plc'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 Diageo Plc.
0.00
10/27/2022
No Change 0.00  0.0 
In 31 days
11/26/2022
0.00
If you would invest  0.00  in Diageo Plc on October 27, 2022 and sell it all today you would earn a total of 0.00 from holding Diageo Plc New or generate 0.0% return on investment in Diageo Plc over 30 days. Diageo Plc is related to or competes with Brown Forman, Constellation Brands, and Canterbury Park. Diageo plc, together with its subsidiaries, produces, markets, and sells alcoholic beverages More

Diageo Plc 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 Diageo Plc'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 Diageo Plc New upside and downside potential and time the market with a certain degree of confidence.

Diageo Plc Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Diageo Plc's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Diageo Plc's standard deviation. In reality, there are many statistical measures that can use Diageo Plc historical prices to predict the future Diageo Plc's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Diageo Plc'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 Diageo Plc in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
43.0246.0048.98
Details
Intrinsic
Valuation
LowReal ValueHigh
36.4839.4650.60
Details
Naive
Forecast
LowNext ValueHigh
44.1547.1350.11
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
41.1143.3345.62
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Diageo Plc. Your research has to be compared to or analyzed against Diageo Plc's peers to derive any actionable benefits. When done correctly, Diageo Plc'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 Diageo Plc New.

Diageo Plc New Backtested Returns

We consider Diageo Plc very steady. Diageo Plc New secures Sharpe Ratio (or Efficiency) of 0.0042, which denotes the company had 0.0042% of return per unit of standard deviation over the last 3 months. Our philosophy in 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-one technical indicators for Diageo Plc New, which you can use to evaluate the future volatility of the firm. Please confirm Diageo Plc New Mean Deviation of 2.17, downside deviation of 3.0, and Semi Deviation of 2.49 to check if the risk estimate we provide is consistent with the expected return of 0.0124%.
The firm shows a Beta (market volatility) of 0.1715, which means not very significant fluctuations relative to the market. Let's try to break down what Diageo's beta means in this case. As returns on the market increase, Diageo Plc returns are expected to increase less than the market. However, during the bear market, the loss on holding Diageo Plc will be expected to be smaller as well. Although it is important to respect Diageo Plc New historical returns, it is better to be realistic regarding the information on the equity's current trending patterns. The philosophy in 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 reviewing Diageo Plc New technical indicators, you can presently evaluate if the expected return of 0.0124% will be sustainable into the future. Diageo Plc New right now shows a risk of 2.98%. Please confirm Diageo Plc New mean deviation, standard deviation, treynor ratio, as well as the relationship between the downside deviation and information ratio to decide if Diageo Plc New will be following its price patterns.

Auto-correlation

    
  0.31  

Below average predictability

Diageo Plc New has below average predictability. Overlapping area represents the amount of predictability between Diageo Plc time series from 27th of October 2022 to 11th of November 2022 and 11th of November 2022 to 26th 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 Diageo Plc New price movement. The serial correlation of 0.31 indicates that nearly 31.0% of current Diageo Plc price fluctuation can be explain by its past prices.
Correlation Coefficient0.31
Spearman Rank Test0.18
Residual Average0.0
Price Variance2.09

Diageo Plc New lagged returns against current returns

Autocorrelation, which is Diageo Plc 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 Diageo Plc's otc stock expected returns. We can calculate the autocorrelation of Diageo Plc returns to help us make a trade decision. For example, suppose you find that Diageo Plc 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  

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

Diageo Plc Lagged Returns

When evaluating Diageo Plc's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Diageo Plc otc stock have on its future price. Diageo Plc 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, Diageo Plc autocorrelation shows the relationship between Diageo Plc otc stock current value and its past values and can show if there is a momentum factor associated with investing in Diageo Plc New.
   Regressed Prices   
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       Timeline  

Be your own money manager

Our tools can tell you how much better you can do entering a position in Diageo Plc without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Pair Trading with Diageo Plc

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 Diageo Plc 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 Diageo Plc will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Diageo Plc could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Diageo Plc 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 Diageo Plc - 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 Diageo Plc New to buy it.
The correlation of Diageo Plc 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 Diageo Plc moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Diageo Plc New 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 Diageo Plc 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 Diageo Plc Correlation, Diageo Plc Volatility and Diageo Plc Alpha and Beta module to complement your research on Diageo Plc. Note that the Diageo Plc New information on this page should be used as a complementary analysis to other Diageo Plc'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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

Complementary Tools for Diageo OTC Stock analysis

When running Diageo Plc New price analysis, check to measure Diageo Plc'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 Diageo Plc is operating at the current time. Most of Diageo Plc's value examination focuses on studying past and present price action to predict the probability of Diageo Plc's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Diageo Plc's price. Additionally, you may evaluate how the addition of Diageo Plc to your portfolios can decrease your overall portfolio volatility.
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Diageo Plc 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 Diageo Plc technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Diageo Plc 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...