Digital China (Germany) Market Value
| DIN Stock | EUR 0.35 0.02 5.41% |
| Symbol | Digital |
Digital China '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 Digital China'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 Digital China.
| 12/13/2024 |
| 03/13/2025 |
If you would invest 0.00 in Digital China on December 13, 2024 and sell it all today you would earn a total of 0.00 from holding Digital China Holdings or generate 0.0% return on investment in Digital China over 90 days. Digital China is related to or competes with FLOW TRADERS, Retail Estates, CarsalesCom, Singapore Airlines, Indutrade, and Southwest Airlines. Digital China Holdings Limited, an investment holding company, provides information technology services primarily in Mai... More
Digital China 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 Digital China'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 Digital China Holdings upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 22.54 | |||
| Value At Risk | (5.26) | |||
| Potential Upside | 7.14 |
Digital China Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Digital China's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Digital China's standard deviation. In reality, there are many statistical measures that can use Digital China historical prices to predict the future Digital China's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | 0.3272 | |||
| Treynor Ratio | (0.48) |
Digital China Holdings Backtested Returns
Digital China Holdings secures Sharpe Ratio (or Efficiency) of -0.0717, which denotes the company had a -0.0717 % return per unit of risk over the last 3 months. Digital China Holdings exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Digital China's Mean Deviation of 2.61, variance of 14.4, and Standard Deviation of 3.79 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.53, which means possible diversification benefits within a given portfolio. As returns on the market increase, Digital China's returns are expected to increase less than the market. However, during the bear market, the loss of holding Digital China is expected to be smaller as well. At this point, Digital China Holdings has a negative expected return of -0.28%. Please make sure to confirm Digital China's total risk alpha, kurtosis, and the relationship between the information ratio and potential upside , to decide if Digital China Holdings performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.42 |
Modest reverse predictability
Digital China Holdings has modest reverse predictability. Overlapping area represents the amount of predictability between Digital China time series from 13th of December 2024 to 27th of January 2025 and 27th of January 2025 to 13th 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 Digital China Holdings price movement. The serial correlation of -0.42 indicates that just about 42.0% of current Digital China price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.42 | |
| Spearman Rank Test | -0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Digital China Holdings lagged returns against current returns
Autocorrelation, which is Digital China 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 Digital China's stock expected returns. We can calculate the autocorrelation of Digital China returns to help us make a trade decision. For example, suppose you find that Digital China 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 |
Digital China 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 Digital China stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Digital China stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Digital China stock over time.
Current vs Lagged Prices |
| Timeline |
Digital China Lagged Returns
When evaluating Digital China's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Digital China stock have on its future price. Digital China 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, Digital China autocorrelation shows the relationship between Digital China stock current value and its past values and can show if there is a momentum factor associated with investing in Digital China Holdings.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Digital Stock
Digital China financial ratios help investors to determine whether Digital 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 Digital with respect to the benefits of owning Digital China security.