Dhc Software (China) Market Value
| 002065 Stock | 7.72 0.24 3.02% |
| Symbol | Dhc |
Dhc Software '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 Dhc Software'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 Dhc Software.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Dhc Software on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Dhc Software Co or generate 0.0% return on investment in Dhc Software over 30 days. Dhc Software is related to or competes with Wuhan Yangtze, Guangzhou Haige, Sunwave Communications, Silkroad Visual, Hubeiyichang Transportation, Sichuan Fulin, and Zhongshan Broad-Ocean. Dhc Software is entity of China. It is traded as Stock on SHE exchange. More
Dhc Software 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 Dhc Software'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 Dhc Software Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.55 | |||
| Information Ratio | 0.2008 | |||
| Maximum Drawdown | 19.97 | |||
| Value At Risk | (4.46) | |||
| Potential Upside | 9.97 |
Dhc Software Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dhc Software's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dhc Software's standard deviation. In reality, there are many statistical measures that can use Dhc Software historical prices to predict the future Dhc Software's volatility.| Risk Adjusted Performance | 0.1863 | |||
| Jensen Alpha | 0.9001 | |||
| Total Risk Alpha | 0.3136 | |||
| Sortino Ratio | 0.2228 | |||
| Treynor Ratio | 14.75 |
Dhc Software Backtested Returns
Dhc Software is slightly risky given 3 months investment horizon. Dhc Software secures Sharpe Ratio (or Efficiency) of 0.25, which denotes the company had a 0.25% return per unit of standard deviation over the last 3 months. We were able to interpolate twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.05% are justified by taking the suggested risk. Use Dhc Software Mean Deviation of 2.75, downside deviation of 3.55, and Semi Deviation of 3.0 to evaluate company specific risk that cannot be diversified away. Dhc Software holds a performance score of 19 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 0.0615, which means not very significant fluctuations relative to the market. As returns on the market increase, Dhc Software's returns are expected to increase less than the market. However, during the bear market, the loss of holding Dhc Software is expected to be smaller as well. Use Dhc Software mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation , to analyze future returns on Dhc Software.
Auto-correlation | -0.66 |
Very good reverse predictability
Dhc Software Co has very good reverse predictability. Overlapping area represents the amount of predictability between Dhc Software time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th of November 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 Dhc Software price movement. The serial correlation of -0.66 indicates that around 66.0% of current Dhc Software price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.66 | |
| Spearman Rank Test | -0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Dhc Software lagged returns against current returns
Autocorrelation, which is Dhc Software 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 Dhc Software's stock expected returns. We can calculate the autocorrelation of Dhc Software returns to help us make a trade decision. For example, suppose you find that Dhc Software 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 |
Dhc Software 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 Dhc Software stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dhc Software stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dhc Software stock over time.
Current vs Lagged Prices |
| Timeline |
Dhc Software Lagged Returns
When evaluating Dhc Software's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dhc Software stock have on its future price. Dhc Software 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, Dhc Software autocorrelation shows the relationship between Dhc Software stock current value and its past values and can show if there is a momentum factor associated with investing in Dhc Software Co.
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 Dhc Stock
Dhc Software financial ratios help investors to determine whether Dhc 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 Dhc with respect to the benefits of owning Dhc Software security.