DoubleDragon Properties' market value is the price at which a share of DoubleDragon Properties trades on a public exchange. It measures the collective expectations of DoubleDragon Properties Corp investors about its performance. DoubleDragon Properties is trading at 10.12 as of the 18th of January 2025, a 1.20% increase since the beginning of the trading day. The stock's lowest day price was 10.0. With this module, you can estimate the performance of a buy and hold strategy of DoubleDragon Properties Corp and determine expected loss or profit from investing in DoubleDragon Properties over a given investment horizon. Check out DoubleDragon Properties Correlation, DoubleDragon Properties Volatility and DoubleDragon Properties Alpha and Beta module to complement your research on DoubleDragon Properties.
Please note, there is a significant difference between DoubleDragon Properties' value and its price as these two are different measures arrived at by different means. Investors typically determine if DoubleDragon Properties is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DoubleDragon Properties' 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.
DoubleDragon Properties '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 DoubleDragon Properties' 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 DoubleDragon Properties.
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 DoubleDragon Properties on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding DoubleDragon Properties Corp or generate 0.0% return on investment in DoubleDragon Properties over 30 days. DoubleDragon Properties is related to or competes with Transpacific Broadband, House Of, Philippine Savings, Metro Retail, Alliance Select, Jollibee Foods, and Crown Asia. More
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure DoubleDragon Properties' 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 DoubleDragon Properties Corp 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 DoubleDragon Properties' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as DoubleDragon Properties' standard deviation. In reality, there are many statistical measures that can use DoubleDragon Properties historical prices to predict the future DoubleDragon Properties' volatility.
DoubleDragon Properties secures Sharpe Ratio (or Efficiency) of -0.0303, which denotes the company had a -0.0303% return per unit of risk over the last 3 months. DoubleDragon Properties Corp exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm DoubleDragon Properties' Mean Deviation of 1.4, downside deviation of 1.8, and Coefficient Of Variation of 30127.77 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.21, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning DoubleDragon Properties are expected to decrease at a much lower rate. During the bear market, DoubleDragon Properties is likely to outperform the market. At this point, DoubleDragon Properties has a negative expected return of -0.0548%. Please make sure to confirm DoubleDragon Properties' value at risk, as well as the relationship between the skewness and day median price , to decide if DoubleDragon Properties performance from the past will be repeated at some point in the near future.
Auto-correlation
0.35
Below average predictability
DoubleDragon Properties Corp has below average predictability. Overlapping area represents the amount of predictability between DoubleDragon Properties 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 DoubleDragon Properties price movement. The serial correlation of 0.35 indicates that nearly 35.0% of current DoubleDragon Properties price fluctuation can be explain by its past prices.
Correlation Coefficient
0.35
Spearman Rank Test
0.61
Residual Average
0.0
Price Variance
0.01
DoubleDragon Properties lagged returns against current returns
Autocorrelation, which is DoubleDragon Properties 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 DoubleDragon Properties' stock expected returns. We can calculate the autocorrelation of DoubleDragon Properties returns to help us make a trade decision. For example, suppose you find that DoubleDragon Properties 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
DoubleDragon Properties 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 DoubleDragon Properties stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if DoubleDragon Properties stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in DoubleDragon Properties stock over time.
Current vs Lagged Prices
Timeline
DoubleDragon Properties Lagged Returns
When evaluating DoubleDragon Properties' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of DoubleDragon Properties stock have on its future price. DoubleDragon Properties 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, DoubleDragon Properties autocorrelation shows the relationship between DoubleDragon Properties stock current value and its past values and can show if there is a momentum factor associated with investing in DoubleDragon Properties Corp.
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 DoubleDragon Stock
DoubleDragon Properties financial ratios help investors to determine whether DoubleDragon 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 DoubleDragon with respect to the benefits of owning DoubleDragon Properties security.