Dcon Products (Thailand) Market Value
| DCON Stock | THB 0.28 0.01 3.45% |
| Symbol | Dcon |
Dcon Products '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 Dcon Products' 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 Dcon Products.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Dcon Products on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Dcon Products Public or generate 0.0% return on investment in Dcon Products over 90 days. Dcon Products is related to or competes with Dynasty Ceramic, Chonburi Concrete, Eastern Star, and Better World. Dcon Products Public Company Limited, together with its subsidiaries, manufactures and sells construction supplies in Th... More
Dcon Products 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 Dcon Products' 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 Dcon Products Public upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 7.02 | |||
| Value At Risk | (3.33) | |||
| Potential Upside | 3.45 |
Dcon Products Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dcon Products' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dcon Products' standard deviation. In reality, there are many statistical measures that can use Dcon Products historical prices to predict the future Dcon Products' volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | 0.0894 | |||
| Treynor Ratio | (2.66) |
Dcon Products Public Backtested Returns
Dcon Products Public secures Sharpe Ratio (or Efficiency) of -0.0389, which denotes the company had a -0.0389 % return per unit of risk over the last 3 months. Dcon Products Public exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dcon Products' Standard Deviation of 2.21, mean deviation of 1.53, and Variance of 4.9 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.0706, which means not very significant fluctuations relative to the market. As returns on the market increase, Dcon Products' returns are expected to increase less than the market. However, during the bear market, the loss of holding Dcon Products is expected to be smaller as well. At this point, Dcon Products Public has a negative expected return of -0.0856%. Please make sure to confirm Dcon Products' maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to decide if Dcon Products Public performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.07 |
Virtually no predictability
Dcon Products Public has virtually no predictability. Overlapping area represents the amount of predictability between Dcon Products time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th 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 Dcon Products Public price movement. The serial correlation of 0.07 indicates that barely 7.0% of current Dcon Products price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.07 | |
| Spearman Rank Test | -0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Dcon Products Public lagged returns against current returns
Autocorrelation, which is Dcon Products 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 Dcon Products' stock expected returns. We can calculate the autocorrelation of Dcon Products returns to help us make a trade decision. For example, suppose you find that Dcon Products 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 |
Dcon Products 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 Dcon Products stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dcon Products stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dcon Products stock over time.
Current vs Lagged Prices |
| Timeline |
Dcon Products Lagged Returns
When evaluating Dcon Products' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dcon Products stock have on its future price. Dcon Products 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, Dcon Products autocorrelation shows the relationship between Dcon Products stock current value and its past values and can show if there is a momentum factor associated with investing in Dcon Products Public.
Regressed Prices |
| Timeline |
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Dcon Products financial ratios help investors to determine whether Dcon 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 Dcon with respect to the benefits of owning Dcon Products security.