DC HEALTHCARE's market value is the price at which a share of DC HEALTHCARE trades on a public exchange. It measures the collective expectations of DC HEALTHCARE HOLDINGS investors about its performance. DC HEALTHCARE is selling for 0.14 as of the 17th of March 2025. This is a 6.67 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.14. With this module, you can estimate the performance of a buy and hold strategy of DC HEALTHCARE HOLDINGS and determine expected loss or profit from investing in DC HEALTHCARE over a given investment horizon. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Symbol
0283
DC HEALTHCARE '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 DC HEALTHCARE'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 DC HEALTHCARE.
0.00
12/17/2024
No Change 0.00
0.0
In 2 months and 31 days
03/17/2025
0.00
If you would invest 0.00 in DC HEALTHCARE on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding DC HEALTHCARE HOLDINGS or generate 0.0% return on investment in DC HEALTHCARE over 90 days.
DC HEALTHCARE 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 DC HEALTHCARE'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 DC HEALTHCARE HOLDINGS 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 DC HEALTHCARE's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as DC HEALTHCARE's standard deviation. In reality, there are many statistical measures that can use DC HEALTHCARE historical prices to predict the future DC HEALTHCARE's volatility.
DC HEALTHCARE HOLDINGS retains Efficiency (Sharpe Ratio) of -0.0882, which denotes the company had a -0.0882 % return per unit of price deviation over the last 3 months. DC HEALTHCARE exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm DC HEALTHCARE's Information Ratio of (0.04), market risk adjusted performance of (17.98), and Standard Deviation of 3.3 to check the risk estimate we provide. The firm owns a Beta (Systematic Risk) of 0.0139, which means not very significant fluctuations relative to the market. As returns on the market increase, DC HEALTHCARE's returns are expected to increase less than the market. However, during the bear market, the loss of holding DC HEALTHCARE is expected to be smaller as well. At this point, DC HEALTHCARE HOLDINGS has a negative expected return of -0.28%. Please make sure to confirm DC HEALTHCARE's market risk adjusted performance, coefficient of variation, information ratio, as well as the relationship between the mean deviation and standard deviation , to decide if DC HEALTHCARE HOLDINGS performance from the past will be repeated sooner or later.
Auto-correlation
0.27
Poor predictability
DC HEALTHCARE HOLDINGS has poor predictability. Overlapping area represents the amount of predictability between DC HEALTHCARE time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 DC HEALTHCARE HOLDINGS price movement. The serial correlation of 0.27 indicates that nearly 27.0% of current DC HEALTHCARE price fluctuation can be explain by its past prices.
Correlation Coefficient
0.27
Spearman Rank Test
0.34
Residual Average
0.0
Price Variance
0.0
DC HEALTHCARE HOLDINGS lagged returns against current returns
Autocorrelation, which is DC HEALTHCARE 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 DC HEALTHCARE's stock expected returns. We can calculate the autocorrelation of DC HEALTHCARE returns to help us make a trade decision. For example, suppose you find that DC HEALTHCARE 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
DC HEALTHCARE 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 DC HEALTHCARE stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if DC HEALTHCARE stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in DC HEALTHCARE stock over time.
Current vs Lagged Prices
Timeline
DC HEALTHCARE Lagged Returns
When evaluating DC HEALTHCARE's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of DC HEALTHCARE stock have on its future price. DC HEALTHCARE 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, DC HEALTHCARE autocorrelation shows the relationship between DC HEALTHCARE stock current value and its past values and can show if there is a momentum factor associated with investing in DC HEALTHCARE HOLDINGS.
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.