Disco Corp Adr Stock Market Value
| DSCSY Stock | USD 26.95 0.48 1.81% |
| Symbol | Disco |
Disco Corp '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 Disco Corp's pink sheet 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 Disco Corp.
| 12/22/2023 |
| 12/16/2024 |
If you would invest 0.00 in Disco Corp on December 22, 2023 and sell it all today you would earn a total of 0.00 from holding Disco Corp ADR or generate 0.0% return on investment in Disco Corp over 360 days. Disco Corp is related to or competes with Lasertec, and Sumco Corp. Disco Corporation manufactures and sells precision cutting, grinding, and polishing machines in Japan and internationall... More
Disco Corp 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 Disco Corp's pink sheet 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 Disco Corp ADR upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.28 | |||
| Information Ratio | 0.0243 | |||
| Maximum Drawdown | 16.54 | |||
| Value At Risk | (5.53) | |||
| Potential Upside | 5.02 |
Disco Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Disco Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Disco Corp's standard deviation. In reality, there are many statistical measures that can use Disco Corp historical prices to predict the future Disco Corp's volatility.| Risk Adjusted Performance | 0.0466 | |||
| Jensen Alpha | 0.0423 | |||
| Total Risk Alpha | (0.25) | |||
| Sortino Ratio | 0.0256 | |||
| Treynor Ratio | 0.119 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Disco Corp'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.
Disco Corp ADR Backtested Returns
Disco Corp appears to be not too volatile, given 3 months investment horizon. Disco Corp ADR secures Sharpe Ratio (or Efficiency) of 0.0627, which denotes the company had a 0.0627% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Disco Corp ADR, which you can use to evaluate the volatility of the firm. Please utilize Disco Corp's Mean Deviation of 2.58, coefficient of variation of 1871.87, and Downside Deviation of 3.28 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Disco Corp holds a performance score of 4. The firm shows a Beta (market volatility) of 1.46, 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, Disco Corp will likely underperform. Please check Disco Corp's potential upside, as well as the relationship between the accumulation distribution and period momentum indicator , to make a quick decision on whether Disco Corp's price patterns will revert.
Auto-correlation | -0.71 |
Almost perfect reverse predictability
Disco Corp ADR has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Disco Corp time series from 22nd of December 2023 to 19th of June 2024 and 19th of June 2024 to 16th 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 Disco Corp ADR price movement. The serial correlation of -0.71 indicates that around 71.0% of current Disco Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.71 | |
| Spearman Rank Test | -0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 22.57 |
Disco Corp ADR lagged returns against current returns
Autocorrelation, which is Disco Corp pink sheet'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 Disco Corp's pink sheet expected returns. We can calculate the autocorrelation of Disco Corp returns to help us make a trade decision. For example, suppose you find that Disco Corp has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Disco Corp 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 Disco Corp pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Disco Corp pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Disco Corp pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Disco Corp Lagged Returns
When evaluating Disco Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Disco Corp pink sheet have on its future price. Disco Corp 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, Disco Corp autocorrelation shows the relationship between Disco Corp pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Disco Corp ADR.
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 Disco Pink Sheet Analysis
When running Disco Corp's price analysis, check to measure Disco Corp'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 Disco Corp is operating at the current time. Most of Disco Corp's value examination focuses on studying past and present price action to predict the probability of Disco Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Disco Corp's price. Additionally, you may evaluate how the addition of Disco Corp to your portfolios can decrease your overall portfolio volatility.