DoubleDragon Properties (Philippines) Market Value
| DDPR Stock | 95.80 1.25 1.32% |
| Symbol | DoubleDragon |
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.
| 11/19/2023 |
| 12/13/2024 |
If you would invest 0.00 in DoubleDragon Properties on November 19, 2023 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 390 days. DoubleDragon Properties is related to or competes with Robinsons Land, Filinvest Development, DoubleDragon Properties, 8990 Holdings, Vista Land, and AyalaLand Logistics. More
DoubleDragon Properties 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 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.
| Downside Deviation | 1.02 | |||
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 4.21 | |||
| Value At Risk | (1.59) | |||
| Potential Upside | 1.43 |
DoubleDragon Properties Market Risk Indicators
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.| Risk Adjusted Performance | 0.0353 | |||
| Jensen Alpha | 0.0398 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | (0.31) |
DoubleDragon Properties Backtested Returns
Currently, DoubleDragon Properties Corp is very steady. DoubleDragon Properties secures Sharpe Ratio (or Efficiency) of 0.0463, which denotes the company had a 0.0463% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for DoubleDragon Properties Corp, which you can use to evaluate the volatility of the firm. Please confirm DoubleDragon Properties' Mean Deviation of 0.6067, coefficient of variation of 2156.78, and Downside Deviation of 1.02 to check if the risk estimate we provide is consistent with the expected return of 0.0404%. DoubleDragon Properties has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.0961, 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. DoubleDragon Properties right now shows a risk of 0.87%. Please confirm DoubleDragon Properties total risk alpha, treynor ratio, value at risk, as well as the relationship between the sortino ratio and maximum drawdown , to decide if DoubleDragon Properties will be following its price patterns.
Auto-correlation | 0.85 |
Very good predictability
DoubleDragon Properties Corp has very good predictability. Overlapping area represents the amount of predictability between DoubleDragon Properties time series from 19th of November 2023 to 1st of June 2024 and 1st of June 2024 to 13th 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 DoubleDragon Properties price movement. The serial correlation of 0.85 indicates that around 85.0% of current DoubleDragon Properties price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.85 | |
| Spearman Rank Test | 0.61 | |
| Residual Average | 0.0 | |
| Price Variance | 1.81 |
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.Additional Tools for DoubleDragon Stock Analysis
When running DoubleDragon Properties' price analysis, check to measure DoubleDragon Properties' 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 DoubleDragon Properties is operating at the current time. Most of DoubleDragon Properties' value examination focuses on studying past and present price action to predict the probability of DoubleDragon Properties' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DoubleDragon Properties' price. Additionally, you may evaluate how the addition of DoubleDragon Properties to your portfolios can decrease your overall portfolio volatility.