Digiwin Software (China) Market Value
| 300378 Stock | 38.36 0.02 0.05% |
| Symbol | Digiwin |
Digiwin 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 Digiwin 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 Digiwin Software.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Digiwin Software on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Digiwin Software Co or generate 0.0% return on investment in Digiwin Software over 90 days. Digiwin Software is related to or competes with Tibet Huayu, State Grid, Zhengzhou Coal, JCHX Mining, Runjian Communication, FSPG Hi-Tech, and Aerospace. Digiwin Software is entity of China. It is traded as Stock on SHE exchange. More
Digiwin 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 Digiwin 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 Digiwin Software Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.02 | |||
| Information Ratio | 0.1355 | |||
| Maximum Drawdown | 27.71 | |||
| Value At Risk | (6.85) | |||
| Potential Upside | 8.3 |
Digiwin Software Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Digiwin Software's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Digiwin Software's standard deviation. In reality, there are many statistical measures that can use Digiwin Software historical prices to predict the future Digiwin Software's volatility.| Risk Adjusted Performance | 0.1101 | |||
| Jensen Alpha | 0.6124 | |||
| Total Risk Alpha | 1.28 | |||
| Sortino Ratio | 0.1795 | |||
| Treynor Ratio | 152.99 |
Digiwin Software Backtested Returns
Digiwin Software appears to be not too volatile, given 3 months investment horizon. Digiwin Software secures Sharpe Ratio (or Efficiency) of 0.12, which denotes the company had a 0.12 % return per unit of risk over the last 3 months. By reviewing Digiwin Software's technical indicators, you can evaluate if the expected return of 0.68% is justified by implied risk. Please utilize Digiwin Software's Mean Deviation of 3.61, downside deviation of 4.02, and Coefficient Of Variation of 855.38 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Digiwin Software holds a performance score of 9. The firm shows a Beta (market volatility) of 0.004, which means not very significant fluctuations relative to the market. As returns on the market increase, Digiwin Software's returns are expected to increase less than the market. However, during the bear market, the loss of holding Digiwin Software is expected to be smaller as well. Please check Digiwin Software's market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to make a quick decision on whether Digiwin Software's price patterns will revert.
Auto-correlation | -0.08 |
Very weak reverse predictability
Digiwin Software Co has very weak reverse predictability. Overlapping area represents the amount of predictability between Digiwin Software 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 Digiwin Software price movement. The serial correlation of -0.08 indicates that barely 8.0% of current Digiwin Software price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.08 | |
| Spearman Rank Test | 0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 7.45 |
Digiwin Software lagged returns against current returns
Autocorrelation, which is Digiwin 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 Digiwin Software's stock expected returns. We can calculate the autocorrelation of Digiwin Software returns to help us make a trade decision. For example, suppose you find that Digiwin 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 |
Digiwin 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 Digiwin Software stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Digiwin Software stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Digiwin Software stock over time.
Current vs Lagged Prices |
| Timeline |
Digiwin Software Lagged Returns
When evaluating Digiwin Software's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Digiwin Software stock have on its future price. Digiwin 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, Digiwin Software autocorrelation shows the relationship between Digiwin Software stock current value and its past values and can show if there is a momentum factor associated with investing in Digiwin 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 Digiwin Stock
Digiwin Software financial ratios help investors to determine whether Digiwin 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 Digiwin with respect to the benefits of owning Digiwin Software security.