Delta Manufacturing's market value is the price at which a share of Delta Manufacturing trades on a public exchange. It measures the collective expectations of Delta Manufacturing Limited investors about its performance. Delta Manufacturing is trading at 82.06 as of the 19th of August 2025, a 0.79 percent increase since the beginning of the trading day. The stock's open price was 81.42. With this module, you can estimate the performance of a buy and hold strategy of Delta Manufacturing Limited and determine expected loss or profit from investing in Delta Manufacturing over a given investment horizon. Check out Delta Manufacturing Correlation, Delta Manufacturing Volatility and Delta Manufacturing Alpha and Beta module to complement your research on Delta Manufacturing.
Please note, there is a significant difference between Delta Manufacturing's value and its price as these two are different measures arrived at by different means. Investors typically determine if Delta Manufacturing is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Delta Manufacturing'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.
Delta Manufacturing '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 Delta Manufacturing'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 Delta Manufacturing.
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Delta Manufacturing'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 Delta Manufacturing Limited upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Delta Manufacturing's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Delta Manufacturing's standard deviation. In reality, there are many statistical measures that can use Delta Manufacturing historical prices to predict the future Delta Manufacturing's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Delta Manufacturing. Your research has to be compared to or analyzed against Delta Manufacturing's peers to derive any actionable benefits. When done correctly, Delta Manufacturing's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Delta Manufacturing.
Delta Manufacturing Backtested Returns
Delta Manufacturing appears to be very steady, given 3 months investment horizon. Delta Manufacturing secures Sharpe Ratio (or Efficiency) of 0.0994, which denotes the company had a 0.0994 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Delta Manufacturing Limited, which you can use to evaluate the volatility of the firm. Please utilize Delta Manufacturing's Mean Deviation of 2.88, coefficient of variation of 1003.45, and Downside Deviation of 3.27 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Delta Manufacturing holds a performance score of 7. The firm shows a Beta (market volatility) of -0.57, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Delta Manufacturing are expected to decrease at a much lower rate. During the bear market, Delta Manufacturing is likely to outperform the market. Please check Delta Manufacturing's jensen alpha, potential upside, accumulation distribution, as well as the relationship between the treynor ratio and expected short fall , to make a quick decision on whether Delta Manufacturing's price patterns will revert.
Auto-correlation
-0.3
Weak reverse predictability
Delta Manufacturing Limited has weak reverse predictability. Overlapping area represents the amount of predictability between Delta Manufacturing time series from 21st of May 2025 to 5th of July 2025 and 5th of July 2025 to 19th of August 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 Delta Manufacturing price movement. The serial correlation of -0.3 indicates that nearly 30.0% of current Delta Manufacturing price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.3
Spearman Rank Test
-0.18
Residual Average
0.0
Price Variance
15.39
Delta Manufacturing lagged returns against current returns
Autocorrelation, which is Delta Manufacturing 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 Delta Manufacturing's stock expected returns. We can calculate the autocorrelation of Delta Manufacturing returns to help us make a trade decision. For example, suppose you find that Delta Manufacturing 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
Delta Manufacturing 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 Delta Manufacturing stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Delta Manufacturing stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Delta Manufacturing stock over time.
Current vs Lagged Prices
Timeline
Delta Manufacturing Lagged Returns
When evaluating Delta Manufacturing's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Delta Manufacturing stock have on its future price. Delta Manufacturing 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, Delta Manufacturing autocorrelation shows the relationship between Delta Manufacturing stock current value and its past values and can show if there is a momentum factor associated with investing in Delta Manufacturing Limited.
Regressed Prices
Timeline
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Delta Manufacturing financial ratios help investors to determine whether Delta Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Delta with respect to the benefits of owning Delta Manufacturing security.