DCM Financial (India) Market Value
| DCMFINSERV | 8.93 0.21 2.41% |
| Symbol | DCM |
DCM Financial '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 DCM Financial'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 DCM Financial.
| 12/29/2022 |
| 12/18/2024 |
If you would invest 0.00 in DCM Financial on December 29, 2022 and sell it all today you would earn a total of 0.00 from holding DCM Financial Services or generate 0.0% return on investment in DCM Financial over 720 days. DCM Financial is related to or competes with Reliance Industries, HDFC Bank, Kingfa Science, Rico Auto, GACM Technologies, COSMO FIRST, and Delta Manufacturing. DCM Financial is entity of India. It is traded as Stock on NSE exchange. More
DCM Financial 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 DCM Financial'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 DCM Financial Services upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 10.02 | |||
| Value At Risk | (4.41) | |||
| Potential Upside | 4.93 |
DCM Financial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for DCM Financial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as DCM Financial's standard deviation. In reality, there are many statistical measures that can use DCM Financial historical prices to predict the future DCM Financial's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.34) | |||
| Treynor Ratio | 0.0978 |
DCM Financial Services Backtested Returns
Currently, DCM Financial Services is somewhat reliable. DCM Financial Services secures Sharpe Ratio (or Efficiency) of 0.0095, which denotes the company had a 0.0095% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for DCM Financial Services, which you can use to evaluate the volatility of the entity. Please confirm DCM Financial's Standard Deviation of 2.9, mean deviation of 2.38, and Coefficient Of Variation of (2,963) to check if the risk estimate we provide is consistent with the expected return of 0.0282%. The firm shows a Beta (market volatility) of -1.1, which means a somewhat significant risk relative to the market. As the market becomes more bullish, returns on owning DCM Financial are expected to decrease slowly. On the other hand, during market turmoil, DCM Financial is expected to outperform it slightly. DCM Financial Services at this time shows a risk of 2.95%. Please confirm DCM Financial Services treynor ratio, as well as the relationship between the kurtosis and day median price , to decide if DCM Financial Services will be following its price patterns.
Auto-correlation | -0.17 |
Insignificant reverse predictability
DCM Financial Services has insignificant reverse predictability. Overlapping area represents the amount of predictability between DCM Financial time series from 29th of December 2022 to 24th of December 2023 and 24th of December 2023 to 18th of December 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 DCM Financial Services price movement. The serial correlation of -0.17 indicates that over 17.0% of current DCM Financial price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.17 | |
| Spearman Rank Test | -0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 2.51 |
DCM Financial Services lagged returns against current returns
Autocorrelation, which is DCM Financial 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 DCM Financial's stock expected returns. We can calculate the autocorrelation of DCM Financial returns to help us make a trade decision. For example, suppose you find that DCM Financial 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 |
DCM Financial 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 DCM Financial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if DCM Financial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in DCM Financial stock over time.
Current vs Lagged Prices |
| Timeline |
DCM Financial Lagged Returns
When evaluating DCM Financial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of DCM Financial stock have on its future price. DCM Financial 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, DCM Financial autocorrelation shows the relationship between DCM Financial stock current value and its past values and can show if there is a momentum factor associated with investing in DCM Financial Services.
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.Additional Tools for DCM Stock Analysis
When running DCM Financial's price analysis, check to measure DCM Financial'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 DCM Financial is operating at the current time. Most of DCM Financial's value examination focuses on studying past and present price action to predict the probability of DCM Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DCM Financial's price. Additionally, you may evaluate how the addition of DCM Financial to your portfolios can decrease your overall portfolio volatility.