Da Cin's market value is the price at which a share of Da Cin trades on a public exchange. It measures the collective expectations of Da Cin Construction Co investors about its performance. Da Cin is selling for under 54.00 as of the 18th of January 2025; that is 1.31 percent increase since the beginning of the trading day. The stock's lowest day price was 53.3. With this module, you can estimate the performance of a buy and hold strategy of Da Cin Construction Co and determine expected loss or profit from investing in Da Cin over a given investment horizon. Check out Da Cin Correlation, Da Cin Volatility and Da Cin Alpha and Beta module to complement your research on Da Cin.
Please note, there is a significant difference between Da Cin's value and its price as these two are different measures arrived at by different means. Investors typically determine if Da Cin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Da Cin'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.
Da Cin '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 Da Cin'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 Da Cin.
0.00
12/19/2024
No Change 0.00
0.0
In 31 days
01/18/2025
0.00
If you would invest 0.00 in Da Cin on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding Da Cin Construction Co or generate 0.0% return on investment in Da Cin over 30 days. Da Cin is related to or competes with Huaku Development, Highwealth Construction, Kindom Construction, Kedge Construction, and Goldsun Building. ,Ltd. operates as a construction company in Taiwan and internationally More
Da Cin 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 Da Cin'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 Da Cin Construction Co 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 Da Cin's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Da Cin's standard deviation. In reality, there are many statistical measures that can use Da Cin historical prices to predict the future Da Cin's volatility.
At this stage we consider 2535 Stock to be very steady. Da Cin Construction retains Efficiency (Sharpe Ratio) of 0.12, which denotes the company had a 0.12% return per unit of price deviation over the last 3 months. We have found twenty-nine technical indicators for Da Cin, which you can use to evaluate the volatility of the firm. Please confirm Da Cin's Downside Deviation of 0.7473, market risk adjusted performance of (4.00), and Standard Deviation of 0.9561 to check if the risk estimate we provide is consistent with the expected return of 0.12%. Da Cin has a performance score of 9 on a scale of 0 to 100. The firm owns a Beta (Systematic Risk) of -0.0304, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Da Cin are expected to decrease at a much lower rate. During the bear market, Da Cin is likely to outperform the market. Da Cin Construction at this moment owns a risk of 0.96%. Please confirm Da Cin Construction Co semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to decide if Da Cin Construction Co will be following its current price history.
Auto-correlation
-0.2
Insignificant reverse predictability
Da Cin Construction Co has insignificant reverse predictability. Overlapping area represents the amount of predictability between Da Cin time series from 19th of December 2024 to 3rd of January 2025 and 3rd of January 2025 to 18th of January 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 Da Cin Construction price movement. The serial correlation of -0.2 indicates that over 20.0% of current Da Cin price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.2
Spearman Rank Test
-0.57
Residual Average
0.0
Price Variance
0.18
Da Cin Construction lagged returns against current returns
Autocorrelation, which is Da Cin 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 Da Cin's stock expected returns. We can calculate the autocorrelation of Da Cin returns to help us make a trade decision. For example, suppose you find that Da Cin 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
Da Cin 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 Da Cin stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Da Cin stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Da Cin stock over time.
Current vs Lagged Prices
Timeline
Da Cin Lagged Returns
When evaluating Da Cin's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Da Cin stock have on its future price. Da Cin 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, Da Cin autocorrelation shows the relationship between Da Cin stock current value and its past values and can show if there is a momentum factor associated with investing in Da Cin Construction Co.
Regressed Prices
Timeline
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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.
When running Da Cin's price analysis, check to measure Da Cin's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Da Cin is operating at the current time. Most of Da Cin's value examination focuses on studying past and present price action to predict the probability of Da Cin's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Da Cin's price. Additionally, you may evaluate how the addition of Da Cin to your portfolios can decrease your overall portfolio volatility.