DMCC SPECIALITY (India) Market Value
| DMCC Stock | 368.50 9.15 2.42% |
| Symbol | DMCC |
DMCC SPECIALITY '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 DMCC SPECIALITY'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 DMCC SPECIALITY.
| 06/02/2023 |
| 01/22/2025 |
If you would invest 0.00 in DMCC SPECIALITY on June 2, 2023 and sell it all today you would earn a total of 0.00 from holding DMCC SPECIALITY CHEMICALS or generate 0.0% return on investment in DMCC SPECIALITY over 600 days. DMCC SPECIALITY is related to or competes with NMDC, Steel Authority, Embassy Office, Jai Balaji, Gujarat Narmada, Gujarat Alkalies, and Indian Metals. DMCC SPECIALITY is entity of India. It is traded as Stock on NSE exchange. More
DMCC SPECIALITY 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 DMCC SPECIALITY'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 DMCC SPECIALITY CHEMICALS upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.73 | |||
| Information Ratio | 0.1473 | |||
| Maximum Drawdown | 18.66 | |||
| Value At Risk | (4.45) | |||
| Potential Upside | 9.81 |
DMCC SPECIALITY Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for DMCC SPECIALITY's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as DMCC SPECIALITY's standard deviation. In reality, there are many statistical measures that can use DMCC SPECIALITY historical prices to predict the future DMCC SPECIALITY's volatility.| Risk Adjusted Performance | 0.1401 | |||
| Jensen Alpha | 0.5798 | |||
| Total Risk Alpha | 0.4754 | |||
| Sortino Ratio | 0.2093 | |||
| Treynor Ratio | 0.9247 |
DMCC SPECIALITY CHEMICALS Backtested Returns
DMCC SPECIALITY appears to be very steady, given 3 months investment horizon. DMCC SPECIALITY CHEMICALS retains Efficiency (Sharpe Ratio) of 0.17, which denotes the company had a 0.17 % return per unit of risk over the last 3 months. By reviewing DMCC SPECIALITY's technical indicators, you can evaluate if the expected return of 0.68% is justified by implied risk. Please utilize DMCC SPECIALITY's Coefficient Of Variation of 637.89, market risk adjusted performance of 0.9347, and Downside Deviation of 2.73 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, DMCC SPECIALITY holds a performance score of 13. The firm owns a Beta (Systematic Risk) of 0.65, which means possible diversification benefits within a given portfolio. As returns on the market increase, DMCC SPECIALITY's returns are expected to increase less than the market. However, during the bear market, the loss of holding DMCC SPECIALITY is expected to be smaller as well. Please check DMCC SPECIALITY's downside deviation, standard deviation, and the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether DMCC SPECIALITY's current price history will revert.
Auto-correlation | -0.04 |
Very weak reverse predictability
DMCC SPECIALITY CHEMICALS has very weak reverse predictability. Overlapping area represents the amount of predictability between DMCC SPECIALITY time series from 2nd of June 2023 to 28th of March 2024 and 28th of March 2024 to 22nd of January 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 DMCC SPECIALITY CHEMICALS price movement. The serial correlation of -0.04 indicates that only as little as 4.0% of current DMCC SPECIALITY price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.04 | |
| Spearman Rank Test | -0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 1227.38 |
DMCC SPECIALITY CHEMICALS lagged returns against current returns
Autocorrelation, which is DMCC SPECIALITY 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 DMCC SPECIALITY's stock expected returns. We can calculate the autocorrelation of DMCC SPECIALITY returns to help us make a trade decision. For example, suppose you find that DMCC SPECIALITY 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 |
DMCC SPECIALITY 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 DMCC SPECIALITY stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if DMCC SPECIALITY stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in DMCC SPECIALITY stock over time.
Current vs Lagged Prices |
| Timeline |
DMCC SPECIALITY Lagged Returns
When evaluating DMCC SPECIALITY's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of DMCC SPECIALITY stock have on its future price. DMCC SPECIALITY 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, DMCC SPECIALITY autocorrelation shows the relationship between DMCC SPECIALITY stock current value and its past values and can show if there is a momentum factor associated with investing in DMCC SPECIALITY CHEMICALS.
Regressed Prices |
| Timeline |
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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 DMCC Stock Analysis
When running DMCC SPECIALITY's price analysis, check to measure DMCC SPECIALITY'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 DMCC SPECIALITY is operating at the current time. Most of DMCC SPECIALITY's value examination focuses on studying past and present price action to predict the probability of DMCC SPECIALITY's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DMCC SPECIALITY's price. Additionally, you may evaluate how the addition of DMCC SPECIALITY to your portfolios can decrease your overall portfolio volatility.