Delta Construction (Egypt) Market Value
| DCRC Stock | 23.05 0.00 0.00% |
| Symbol | Delta |
Delta Construction '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 Delta Construction'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 Delta Construction.
| 09/16/2024 |
| 12/15/2024 |
If you would invest 0.00 in Delta Construction on September 16, 2024 and sell it all today you would earn a total of 0.00 from holding Delta Construction Rebuilding or generate 0.0% return on investment in Delta Construction over 90 days.
Delta Construction 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 Delta Construction'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 Delta Construction Rebuilding upside and downside potential and time the market with a certain degree of confidence.
Delta Construction Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Delta Construction's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Delta Construction's standard deviation. In reality, there are many statistical measures that can use Delta Construction historical prices to predict the future Delta Construction's volatility.Delta Construction Backtested Returns
We have found three technical indicators for Delta Construction Rebuilding, which you can use to evaluate the volatility of the firm. The firm shows a Beta (market volatility) of 0.0, which means not very significant fluctuations relative to the market. the returns on MARKET and Delta Construction are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Delta Construction Rebuilding has no correlation between past and present. Overlapping area represents the amount of predictability between Delta Construction time series from 16th of September 2024 to 31st of October 2024 and 31st of October 2024 to 15th 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 Delta Construction price movement. The serial correlation of 0.0 indicates that just 0.0% of current Delta Construction price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Delta Construction lagged returns against current returns
Autocorrelation, which is Delta Construction 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 Delta Construction's stock expected returns. We can calculate the autocorrelation of Delta Construction returns to help us make a trade decision. For example, suppose you find that Delta Construction 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 |
Delta Construction 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 Delta Construction stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Delta Construction stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Delta Construction stock over time.
Current vs Lagged Prices |
| Timeline |
Delta Construction Lagged Returns
When evaluating Delta Construction's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Delta Construction stock have on its future price. Delta Construction 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, Delta Construction autocorrelation shows the relationship between Delta Construction stock current value and its past values and can show if there is a momentum factor associated with investing in Delta Construction Rebuilding.
Regressed Prices |
| Timeline |