Ditto Public (Thailand) Market Value
| DITTO Stock | THB 11.40 1.10 10.68% |
| Symbol | Ditto |
Ditto Public '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 Ditto Public'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 Ditto Public.
| 12/18/2024 |
| 03/18/2025 |
If you would invest 0.00 in Ditto Public on December 18, 2024 and sell it all today you would earn a total of 0.00 from holding Ditto Public or generate 0.0% return on investment in Ditto Public over 90 days. Ditto Public is related to or competes with Dohome Public, Forth Public, Delta Electronics, and KCE Electronics. Ditto Public Company Limited distributes document management solution in Thailand More
Ditto Public 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 Ditto Public'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 Ditto Public upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 28.25 | |||
| Value At Risk | (5.71) | |||
| Potential Upside | 4.53 |
Ditto Public Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ditto Public's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ditto Public's standard deviation. In reality, there are many statistical measures that can use Ditto Public historical prices to predict the future Ditto Public's volatility.| Risk Adjusted Performance | (0.14) | |||
| Jensen Alpha | (0.52) | |||
| Total Risk Alpha | (0.18) | |||
| Treynor Ratio | (0.50) |
Ditto Public Backtested Returns
Ditto Public secures Sharpe Ratio (or Efficiency) of -0.0931, which denotes the company had a -0.0931 % return per unit of risk over the last 3 months. Ditto Public exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Ditto Public's Variance of 15.59, standard deviation of 3.95, and Mean Deviation of 2.83 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.35, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Ditto Public will likely underperform. At this point, Ditto Public has a negative expected return of -0.4%. Please make sure to confirm Ditto Public's treynor ratio, kurtosis, as well as the relationship between the Kurtosis and day typical price , to decide if Ditto Public performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.29 |
Poor predictability
Ditto Public has poor predictability. Overlapping area represents the amount of predictability between Ditto Public time series from 18th of December 2024 to 1st of February 2025 and 1st of February 2025 to 18th 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 Ditto Public price movement. The serial correlation of 0.29 indicates that nearly 29.0% of current Ditto Public price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.29 | |
| Spearman Rank Test | 0.49 | |
| Residual Average | 0.0 | |
| Price Variance | 0.97 |
Ditto Public lagged returns against current returns
Autocorrelation, which is Ditto Public 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 Ditto Public's stock expected returns. We can calculate the autocorrelation of Ditto Public returns to help us make a trade decision. For example, suppose you find that Ditto Public 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 |
Ditto Public 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 Ditto Public stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ditto Public stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ditto Public stock over time.
Current vs Lagged Prices |
| Timeline |
Ditto Public Lagged Returns
When evaluating Ditto Public's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ditto Public stock have on its future price. Ditto Public 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, Ditto Public autocorrelation shows the relationship between Ditto Public stock current value and its past values and can show if there is a momentum factor associated with investing in Ditto Public.
Regressed Prices |
| Timeline |
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Ditto Public financial ratios help investors to determine whether Ditto 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 Ditto with respect to the benefits of owning Ditto Public security.