DC HEALTHCARE's market value is the price at which a share of DC HEALTHCARE trades on a public exchange. It measures the collective expectations of DC HEALTHCARE HOLDINGS investors about its performance. DC HEALTHCARE is selling for 0.17 as of the 14th of December 2024. This is a 5.56 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.17. With this module, you can estimate the performance of a buy and hold strategy of DC HEALTHCARE HOLDINGS and determine expected loss or profit from investing in DC HEALTHCARE over a given investment horizon. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Symbol
0283
DC HEALTHCARE '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 DC HEALTHCARE'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 DC HEALTHCARE.
0.00
06/17/2024
No Change 0.00
0.0
In 5 months and 29 days
12/14/2024
0.00
If you would invest 0.00 in DC HEALTHCARE on June 17, 2024 and sell it all today you would earn a total of 0.00 from holding DC HEALTHCARE HOLDINGS or generate 0.0% return on investment in DC HEALTHCARE over 180 days.
DC HEALTHCARE 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 DC HEALTHCARE'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 DC HEALTHCARE HOLDINGS upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for DC HEALTHCARE's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as DC HEALTHCARE's standard deviation. In reality, there are many statistical measures that can use DC HEALTHCARE historical prices to predict the future DC HEALTHCARE's volatility.
As of now, 0283 Stock is out of control. DC HEALTHCARE HOLDINGS retains Efficiency (Sharpe Ratio) of 0.018, which denotes the company had a 0.018% return per unit of price deviation over the last 3 months. We have found twenty-eight technical indicators for DC HEALTHCARE, which you can use to evaluate the volatility of the entity. Please confirm DC HEALTHCARE's Market Risk Adjusted Performance of 0.4363, standard deviation of 3.57, and Downside Deviation of 5.95 to check if the risk estimate we provide is consistent with the expected return of 0.0656%. DC HEALTHCARE has a performance score of 1 on a scale of 0 to 100. The firm owns a Beta (Systematic Risk) of 0.12, which means not very significant fluctuations relative to the market. As returns on the market increase, DC HEALTHCARE's returns are expected to increase less than the market. However, during the bear market, the loss of holding DC HEALTHCARE is expected to be smaller as well. DC HEALTHCARE HOLDINGS today owns a risk of 3.65%. Please confirm DC HEALTHCARE HOLDINGS market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to decide if DC HEALTHCARE HOLDINGS will be following its current price history.
Auto-correlation
0.55
Modest predictability
DC HEALTHCARE HOLDINGS has modest predictability. Overlapping area represents the amount of predictability between DC HEALTHCARE time series from 17th of June 2024 to 15th of September 2024 and 15th of September 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 DC HEALTHCARE HOLDINGS price movement. The serial correlation of 0.55 indicates that about 55.0% of current DC HEALTHCARE price fluctuation can be explain by its past prices.
Correlation Coefficient
0.55
Spearman Rank Test
0.15
Residual Average
0.0
Price Variance
0.0
DC HEALTHCARE HOLDINGS lagged returns against current returns
Autocorrelation, which is DC HEALTHCARE 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 DC HEALTHCARE's stock expected returns. We can calculate the autocorrelation of DC HEALTHCARE returns to help us make a trade decision. For example, suppose you find that DC HEALTHCARE 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
DC HEALTHCARE 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 DC HEALTHCARE stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if DC HEALTHCARE stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in DC HEALTHCARE stock over time.
Current vs Lagged Prices
Timeline
DC HEALTHCARE Lagged Returns
When evaluating DC HEALTHCARE's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of DC HEALTHCARE stock have on its future price. DC HEALTHCARE 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, DC HEALTHCARE autocorrelation shows the relationship between DC HEALTHCARE stock current value and its past values and can show if there is a momentum factor associated with investing in DC HEALTHCARE HOLDINGS.
Regressed Prices
Timeline
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