Davide OTC Pink Sheet Market Value

DVDCF
 Stock
  

USD 10.90  0.10  0.91%   

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

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

Davide Campari-Milano '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 Davide Campari-Milano's otc 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 Davide Campari-Milano.
0.00
09/10/2021
No Change 0.00  0.0 
In 1 year 2 months and 26 days
12/04/2022
0.00
If you would invest  0.00  in Davide Campari-Milano on September 10, 2021 and sell it all today you would earn a total of 0.00 from holding Davide Campari-Milano NV or generate 0.0% return on investment in Davide Campari-Milano over 450 days. Davide Campari-Milano is related to or competes with Brown Forman, Eastside Distilling, MGP Ingredients, Constellation Brands, Ambev SA, Albertsons Companies, and Acme United. Davide Campari-Milano N.V., together with its subsidiaries, markets and distributes alcoholic and non-alcoholic beverage... More

Davide Campari-Milano 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 Davide Campari-Milano's otc 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 Davide Campari-Milano NV upside and downside potential and time the market with a certain degree of confidence.

Davide Campari-Milano Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Davide Campari-Milano's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Davide Campari-Milano's standard deviation. In reality, there are many statistical measures that can use Davide Campari-Milano historical prices to predict the future Davide Campari-Milano's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Davide Campari-Milano'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 Davide Campari-Milano in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
7.6910.9014.11
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Intrinsic
Valuation
LowReal ValueHigh
5.478.6811.89
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Please note, it is not enough to conduct a financial or market analysis of a single entity such as Davide Campari-Milano. Your research has to be compared to or analyzed against Davide Campari-Milano's peers to derive any actionable benefits. When done correctly, Davide Campari-Milano'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 Davide Campari-Milano.

Davide Campari-Milano Backtested Returns

Davide Campari-Milano appears to be somewhat reliable, given 3 months investment horizon. Davide Campari-Milano secures Sharpe Ratio (or Efficiency) of 0.0744, which denotes the company had 0.0744% of return per unit of risk over the last 3 months. Our standpoint towards 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 Davide Campari-Milano NV, which you can use to evaluate the future volatility of the firm. Please utilize Davide Campari-Milano's Downside Deviation of 3.58, coefficient of variation of 3054.39, and Mean Deviation of 1.84 to check if our risk estimates are consistent with your expectations.
On a scale of 0 to 100, Davide Campari-Milano holds a performance score of 5. The firm shows a Beta (market volatility) of 0.3895, which means possible diversification benefits within a given portfolio. Let's try to break down what Davide's beta means in this case. As returns on the market increase, Davide Campari-Milano returns are expected to increase less than the market. However, during the bear market, the loss on holding Davide Campari-Milano will be expected to be smaller as well. Although it is important to respect Davide Campari-Milano historical returns, it is better to be realistic regarding the information on the equity's current trending patterns. The philosophy towards 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 Davide Campari-Milano technical indicators, you can presently evaluate if the expected return of 0.24% will be sustainable into the future. Please utilizes Davide Campari-Milano maximum drawdown, as well as the relationship between the downside variance and skewness to make a quick decision on whether Davide Campari-Milano price patterns will revert.

Auto-correlation

    
  0.65  

Good predictability

Davide Campari-Milano NV has good predictability. Overlapping area represents the amount of predictability between Davide Campari-Milano time series from 10th of September 2021 to 23rd of April 2022 and 23rd of April 2022 to 4th of December 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 Davide Campari-Milano price movement. The serial correlation of 0.65 indicates that roughly 65.0% of current Davide Campari-Milano price fluctuation can be explain by its past prices.
Correlation Coefficient0.65
Spearman Rank Test0.44
Residual Average0.0
Price Variance0.72

Davide Campari-Milano lagged returns against current returns

Autocorrelation, which is Davide Campari-Milano otc 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 Davide Campari-Milano's otc pink sheet expected returns. We can calculate the autocorrelation of Davide Campari-Milano returns to help us make a trade decision. For example, suppose you find that Davide Campari-Milano otc pink sheet 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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Davide Campari-Milano 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 Davide Campari-Milano otc pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Davide Campari-Milano otc pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Davide Campari-Milano otc pink sheet over time.
   Current vs Lagged Prices   
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Davide Campari-Milano Lagged Returns

When evaluating Davide Campari-Milano's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Davide Campari-Milano otc pink sheet have on its future price. Davide Campari-Milano 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, Davide Campari-Milano autocorrelation shows the relationship between Davide Campari-Milano otc pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Davide Campari-Milano NV.
   Regressed Prices   
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Be your own money manager

Our tools can tell you how much better you can do entering a position in Davide Campari-Milano 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 Davide Campari-Milano

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 Davide Campari-Milano 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 Davide Campari-Milano will appreciate offsetting losses from the drop in the long position's value.

Moving together with Davide Campari-Milano

+0.72BGBunge Limited Downward RallyPairCorr
The ability to find closely correlated positions to Davide Campari-Milano could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Davide Campari-Milano 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 Davide Campari-Milano - 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 Davide Campari-Milano NV to buy it.
The correlation of Davide Campari-Milano 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 Davide Campari-Milano moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Davide Campari-Milano 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 Davide Campari-Milano 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 Davide Campari-Milano Correlation, Davide Campari-Milano Volatility and Davide Campari-Milano Alpha and Beta module to complement your research on Davide Campari-Milano. Note that the Davide Campari-Milano information on this page should be used as a complementary analysis to other Davide Campari-Milano'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 Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

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