Do-Fluoride Chemicals (China) Market Value
| 002407 Stock | 12.35 0.21 1.73% |
| Symbol | Do-Fluoride |
Do-Fluoride 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 Do-Fluoride 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 Do-Fluoride Chemicals.
| 01/28/2025 |
| 02/27/2025 |
If you would invest 0.00 in Do-Fluoride Chemicals on January 28, 2025 and sell it all today you would earn a total of 0.00 from holding Do Fluoride Chemicals Co or generate 0.0% return on investment in Do-Fluoride Chemicals over 30 days. Do-Fluoride Chemicals is related to or competes with Ziel Home, CICT Mobile, Guangxi Wuzhou, Shandong Homey, Jason Furniture(Hangzh, Kuang Chi, and Qumei Furniture. Do-Fluoride Chemicals is entity of China More
Do-Fluoride 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 Do-Fluoride 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 Do Fluoride Chemicals Co upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 11.21 | |||
| Value At Risk | (3.33) | |||
| Potential Upside | 3.2 |
Do-Fluoride Chemicals Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Do-Fluoride Chemicals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Do-Fluoride Chemicals' standard deviation. In reality, there are many statistical measures that can use Do-Fluoride Chemicals historical prices to predict the future Do-Fluoride Chemicals' volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.04) | |||
| Treynor Ratio | (0.1) |
Do Fluoride Chemicals Backtested Returns
Do Fluoride Chemicals retains Efficiency (Sharpe Ratio) of -0.0629, which denotes the company had a -0.0629 % return per unit of price deviation over the last 3 months. Do-Fluoride Chemicals exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Do-Fluoride Chemicals' Standard Deviation of 2.05, information ratio of (0.03), and Market Risk Adjusted Performance of (0.09) to check the risk estimate we provide. The firm owns a Beta (Systematic Risk) of 0.6, which means possible diversification benefits within a given portfolio. As returns on the market increase, Do-Fluoride Chemicals' returns are expected to increase less than the market. However, during the bear market, the loss of holding Do-Fluoride Chemicals is expected to be smaller as well. At this point, Do Fluoride Chemicals has a negative expected return of -0.11%. Please make sure to confirm Do-Fluoride Chemicals' coefficient of variation, jensen alpha, and the relationship between the mean deviation and standard deviation , to decide if Do Fluoride Chemicals performance from the past will be repeated in the future.
Auto-correlation | 0.66 |
Good predictability
Do Fluoride Chemicals Co has good predictability. Overlapping area represents the amount of predictability between Do-Fluoride Chemicals time series from 28th of January 2025 to 12th of February 2025 and 12th of February 2025 to 27th of February 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 Do Fluoride Chemicals price movement. The serial correlation of 0.66 indicates that around 66.0% of current Do-Fluoride Chemicals price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.66 | |
| Spearman Rank Test | 0.6 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Do Fluoride Chemicals lagged returns against current returns
Autocorrelation, which is Do-Fluoride 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 Do-Fluoride Chemicals' stock expected returns. We can calculate the autocorrelation of Do-Fluoride Chemicals returns to help us make a trade decision. For example, suppose you find that Do-Fluoride 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 |
Do-Fluoride 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 Do-Fluoride Chemicals stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Do-Fluoride Chemicals stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Do-Fluoride Chemicals stock over time.
Current vs Lagged Prices |
| Timeline |
Do-Fluoride Chemicals Lagged Returns
When evaluating Do-Fluoride Chemicals' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Do-Fluoride Chemicals stock have on its future price. Do-Fluoride 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, Do-Fluoride Chemicals autocorrelation shows the relationship between Do-Fluoride Chemicals stock current value and its past values and can show if there is a momentum factor associated with investing in Do Fluoride Chemicals 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 Do-Fluoride Stock
Do-Fluoride Chemicals financial ratios help investors to determine whether Do-Fluoride 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 Do-Fluoride with respect to the benefits of owning Do-Fluoride Chemicals security.