DL Industries (Philippines) Market Value
| DNL Stock | 6.00 0.01 0.17% |
| Symbol | DNL |
DL Industries '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 DL Industries' 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 DL Industries.
| 12/20/2023 |
| 12/14/2024 |
If you would invest 0.00 in DL Industries on December 20, 2023 and sell it all today you would earn a total of 0.00 from holding DL Industries or generate 0.0% return on investment in DL Industries over 360 days. DL Industries is related to or competes with Crown Asia, Dizon Copper, Allhome Corp, Altus Property, Monde Nissin, and Benguet Corp. More
DL Industries 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 DL Industries' 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 DL Industries upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 10.97 | |||
| Value At Risk | (3.10) | |||
| Potential Upside | 2.17 |
DL Industries Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for DL Industries' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as DL Industries' standard deviation. In reality, there are many statistical measures that can use DL Industries historical prices to predict the future DL Industries' volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.24) | |||
| Treynor Ratio | 0.1522 |
DL Industries Backtested Returns
DL Industries retains Efficiency (Sharpe Ratio) of -0.0499, which denotes the company had a -0.0499% return per unit of price deviation over the last 3 months. DL Industries exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm DL Industries' Information Ratio of (0.08), market risk adjusted performance of 0.1622, and Standard Deviation of 1.65 to check the risk estimate we provide. The firm owns a Beta (Systematic Risk) of -0.24, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning DL Industries are expected to decrease at a much lower rate. During the bear market, DL Industries is likely to outperform the market. At this point, DL Industries has a negative expected return of -0.0825%. Please make sure to confirm DL Industries' value at risk, rate of daily change, and the relationship between the total risk alpha and kurtosis , to decide if DL Industries performance from the past will be repeated sooner or later.
Auto-correlation | -0.6 |
Good reverse predictability
DL Industries has good reverse predictability. Overlapping area represents the amount of predictability between DL Industries time series from 20th of December 2023 to 17th of June 2024 and 17th of June 2024 to 14th 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 DL Industries price movement. The serial correlation of -0.6 indicates that roughly 60.0% of current DL Industries price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.6 | |
| Spearman Rank Test | -0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 0.08 |
DL Industries lagged returns against current returns
Autocorrelation, which is DL Industries 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 DL Industries' stock expected returns. We can calculate the autocorrelation of DL Industries returns to help us make a trade decision. For example, suppose you find that DL Industries 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 |
DL Industries 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 DL Industries stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if DL Industries stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in DL Industries stock over time.
Current vs Lagged Prices |
| Timeline |
DL Industries Lagged Returns
When evaluating DL Industries' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of DL Industries stock have on its future price. DL Industries 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, DL Industries autocorrelation shows the relationship between DL Industries stock current value and its past values and can show if there is a momentum factor associated with investing in DL Industries.
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.Other Information on Investing in DNL Stock
DL Industries financial ratios help investors to determine whether DNL 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 DNL with respect to the benefits of owning DL Industries security.