DTC Industries (Thailand) Market Value
| DTCI Stock | THB 33.75 4.25 14.41% |
| Symbol | DTC |
DTC 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 DTC 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 DTC Industries.
| 08/06/2024 |
| 12/04/2024 |
If you would invest 0.00 in DTC Industries on August 6, 2024 and sell it all today you would earn a total of 0.00 from holding DTC Industries Public or generate 0.0% return on investment in DTC Industries over 120 days. DTC Industries is related to or competes with City Sports, Rich Sport, LH Financial, Charan Insurance, and TISCO Financial. Industries Public Company Limited produces and distributes pens and related products in Thailand and internationally More
DTC 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 DTC 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 DTC Industries Public upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.18 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 20.97 | |||
| Value At Risk | (6.34) | |||
| Potential Upside | 6.2 |
DTC Industries Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for DTC Industries' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as DTC Industries' standard deviation. In reality, there are many statistical measures that can use DTC Industries historical prices to predict the future DTC Industries' volatility.| Risk Adjusted Performance | 0.0089 | |||
| Jensen Alpha | 0.0768 | |||
| Total Risk Alpha | (0.52) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0067 |
DTC Industries Public Backtested Returns
As of now, DTC Stock is not too volatile. DTC Industries Public retains Efficiency (Sharpe Ratio) of 0.0013, which denotes the company had a 0.0013% return per unit of risk over the last 3 months. We have found thirty technical indicators for DTC Industries, which you can use to evaluate the volatility of the firm. Please confirm DTC Industries' Coefficient Of Variation of 81249.17, downside deviation of 6.18, and Market Risk Adjusted Performance of 0.0167 to check if the risk estimate we provide is consistent with the expected return of 0.0049%. The firm owns a Beta (Systematic Risk) of -0.79, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning DTC Industries are expected to decrease at a much lower rate. During the bear market, DTC Industries is likely to outperform the market. DTC Industries Public now owns a risk of 3.9%. Please confirm DTC Industries Public downside deviation, standard deviation, and the relationship between the semi deviation and coefficient of variation , to decide if DTC Industries Public will be following its current price history.
Auto-correlation | -0.22 |
Weak reverse predictability
DTC Industries Public has weak reverse predictability. Overlapping area represents the amount of predictability between DTC Industries time series from 6th of August 2024 to 5th of October 2024 and 5th of October 2024 to 4th 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 DTC Industries Public price movement. The serial correlation of -0.22 indicates that over 22.0% of current DTC Industries price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.22 | |
| Spearman Rank Test | -0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 3.62 |
DTC Industries Public lagged returns against current returns
Autocorrelation, which is DTC 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 DTC Industries' stock expected returns. We can calculate the autocorrelation of DTC Industries returns to help us make a trade decision. For example, suppose you find that DTC 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 |
DTC 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 DTC Industries stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if DTC Industries stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in DTC Industries stock over time.
Current vs Lagged Prices |
| Timeline |
DTC Industries Lagged Returns
When evaluating DTC Industries' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of DTC Industries stock have on its future price. DTC 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, DTC Industries autocorrelation shows the relationship between DTC Industries stock current value and its past values and can show if there is a momentum factor associated with investing in DTC Industries Public.
Regressed Prices |
| Timeline |
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DTC Industries financial ratios help investors to determine whether DTC 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 DTC with respect to the benefits of owning DTC Industries security.