Dipula Income (South Africa) Market Value
| DIB Stock | 529.00 5.00 0.95% |
| Symbol | Dipula |
Dipula Income '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 Dipula Income'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 Dipula Income.
| 09/12/2024 |
| 12/11/2024 |
If you would invest 0.00 in Dipula Income on September 12, 2024 and sell it all today you would earn a total of 0.00 from holding Dipula Income or generate 0.0% return on investment in Dipula Income over 90 days. Dipula Income is related to or competes with Harmony Gold, HomeChoice Investments, EMedia Holdings, Frontier Transport, Reinet Investments, and E Media. More
Dipula Income 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 Dipula Income'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 Dipula Income upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.8 | |||
| Information Ratio | 0.0454 | |||
| Maximum Drawdown | 9.11 | |||
| Value At Risk | (2.50) | |||
| Potential Upside | 3.59 |
Dipula Income Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dipula Income's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dipula Income's standard deviation. In reality, there are many statistical measures that can use Dipula Income historical prices to predict the future Dipula Income's volatility.| Risk Adjusted Performance | 0.0908 | |||
| Jensen Alpha | 0.1546 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | 0.0434 | |||
| Treynor Ratio | 0.5785 |
Dipula Income Backtested Returns
Dipula Income appears to be very steady, given 3 months investment horizon. Dipula Income secures Sharpe Ratio (or Efficiency) of 0.12, which denotes the company had a 0.12% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Dipula Income, which you can use to evaluate the volatility of the firm. Please utilize Dipula Income's Downside Deviation of 1.8, mean deviation of 1.25, and Coefficient Of Variation of 849.99 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Dipula Income holds a performance score of 9. The firm shows a Beta (market volatility) of 0.33, which means possible diversification benefits within a given portfolio. As returns on the market increase, Dipula Income's returns are expected to increase less than the market. However, during the bear market, the loss of holding Dipula Income is expected to be smaller as well. Please check Dipula Income's value at risk, expected short fall, and the relationship between the treynor ratio and downside variance , to make a quick decision on whether Dipula Income's price patterns will revert.
Auto-correlation | -0.21 |
Weak reverse predictability
Dipula Income has weak reverse predictability. Overlapping area represents the amount of predictability between Dipula Income time series from 12th of September 2024 to 27th of October 2024 and 27th of October 2024 to 11th 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 Dipula Income price movement. The serial correlation of -0.21 indicates that over 21.0% of current Dipula Income price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.21 | |
| Spearman Rank Test | 0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 324.04 |
Dipula Income lagged returns against current returns
Autocorrelation, which is Dipula Income 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 Dipula Income's stock expected returns. We can calculate the autocorrelation of Dipula Income returns to help us make a trade decision. For example, suppose you find that Dipula Income 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 |
Dipula Income 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 Dipula Income stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dipula Income stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dipula Income stock over time.
Current vs Lagged Prices |
| Timeline |
Dipula Income Lagged Returns
When evaluating Dipula Income's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dipula Income stock have on its future price. Dipula Income 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, Dipula Income autocorrelation shows the relationship between Dipula Income stock current value and its past values and can show if there is a momentum factor associated with investing in Dipula Income.
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 Dipula Stock
Dipula Income financial ratios help investors to determine whether Dipula 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 Dipula with respect to the benefits of owning Dipula Income security.