Dymatic Chemicals (China) Market Value
| 002054 Stock | 6.48 0.04 0.62% |
| Symbol | Dymatic |
Dymatic Chemicals '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 Dymatic Chemicals' 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 Dymatic Chemicals.
| 12/19/2024 |
| 03/19/2025 |
If you would invest 0.00 in Dymatic Chemicals on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding Dymatic Chemicals or generate 0.0% return on investment in Dymatic Chemicals over 90 days. Dymatic Chemicals is related to or competes with Shantou Wanshun, Sichuan Newsnet, Focus Media, Caihong Display, Muyuan Foodstuff, Southern PublishingMedia, and Jiangxi Sunshine. Dymatic Chemicals is entity of China. It is traded as Stock on SHE exchange. More
Dymatic Chemicals 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 Dymatic Chemicals' 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 Dymatic Chemicals upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.46 | |||
| Information Ratio | 0.067 | |||
| Maximum Drawdown | 10.87 | |||
| Value At Risk | (3.92) | |||
| Potential Upside | 3.46 |
Dymatic Chemicals Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dymatic Chemicals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dymatic Chemicals' standard deviation. In reality, there are many statistical measures that can use Dymatic Chemicals historical prices to predict the future Dymatic Chemicals' volatility.| Risk Adjusted Performance | 0.0318 | |||
| Jensen Alpha | 0.0564 | |||
| Total Risk Alpha | 0.2766 | |||
| Sortino Ratio | 0.0586 | |||
| Treynor Ratio | 1.63 |
Dymatic Chemicals Backtested Returns
At this point, Dymatic Chemicals is somewhat reliable. Dymatic Chemicals secures Sharpe Ratio (or Efficiency) of 0.0255, which denotes the company had a 0.0255 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Dymatic Chemicals, which you can use to evaluate the volatility of the firm. Please confirm Dymatic Chemicals' Coefficient Of Variation of 3397.14, downside deviation of 2.46, and Mean Deviation of 1.58 to check if the risk estimate we provide is consistent with the expected return of 0.0462%. Dymatic Chemicals has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.0327, which means not very significant fluctuations relative to the market. As returns on the market increase, Dymatic Chemicals' returns are expected to increase less than the market. However, during the bear market, the loss of holding Dymatic Chemicals is expected to be smaller as well. Dymatic Chemicals right now shows a risk of 1.81%. Please confirm Dymatic Chemicals coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to decide if Dymatic Chemicals will be following its price patterns.
Auto-correlation | -0.5 |
Modest reverse predictability
Dymatic Chemicals has modest reverse predictability. Overlapping area represents the amount of predictability between Dymatic Chemicals time series from 19th of December 2024 to 2nd of February 2025 and 2nd of February 2025 to 19th of March 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 Dymatic Chemicals price movement. The serial correlation of -0.5 indicates that about 50.0% of current Dymatic Chemicals price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.5 | |
| Spearman Rank Test | 0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Dymatic Chemicals lagged returns against current returns
Autocorrelation, which is Dymatic Chemicals 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 Dymatic Chemicals' stock expected returns. We can calculate the autocorrelation of Dymatic Chemicals returns to help us make a trade decision. For example, suppose you find that Dymatic Chemicals 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 |
Dymatic Chemicals 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 Dymatic Chemicals stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dymatic Chemicals stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dymatic Chemicals stock over time.
Current vs Lagged Prices |
| Timeline |
Dymatic Chemicals Lagged Returns
When evaluating Dymatic Chemicals' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dymatic Chemicals stock have on its future price. Dymatic Chemicals 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, Dymatic Chemicals autocorrelation shows the relationship between Dymatic Chemicals stock current value and its past values and can show if there is a momentum factor associated with investing in Dymatic Chemicals.
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.Other Information on Investing in Dymatic Stock
Dymatic Chemicals financial ratios help investors to determine whether Dymatic 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 Dymatic with respect to the benefits of owning Dymatic Chemicals security.