Digital China (Germany) Market Value
| DIN Stock | 0.35 0.03 7.89% |
| 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 United States, Séché Environnement, China Communications, Cellnex Telecom, and Nippon Steel. 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 | (0.02) | |||
| Maximum Drawdown | 16.82 | |||
| Value At Risk | (5.00) | |||
| Potential Upside | 5.71 |
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 | (0.03) | |||
| Jensen Alpha | (0.24) | |||
| Total Risk Alpha | 0.3487 | |||
| Treynor Ratio | 0.4207 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Digital China's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Digital China Holdings Backtested Returns
Digital China Holdings secures Sharpe Ratio (or Efficiency) of -0.074, which denotes the company had a -0.074 % 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 2.64, standard deviation of 3.5, and Variance of 12.22 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.44, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Digital China are expected to decrease at a much lower rate. During the bear market, Digital China is likely to outperform the market. At this point, Digital China Holdings has a negative expected return of -0.28%. Please make sure to confirm Digital China's variance, skewness, price action indicator, as well as the relationship between the total risk alpha and rate of daily change , 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 | -0.33 | |
| 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 |
Thematic Opportunities
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Additional Tools for Digital Stock Analysis
When running Digital China's price analysis, check to measure Digital China's 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 Digital China is operating at the current time. Most of Digital China's value examination focuses on studying past and present price action to predict the probability of Digital China's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Digital China's price. Additionally, you may evaluate how the addition of Digital China to your portfolios can decrease your overall portfolio volatility.