Dufu Tech (Malaysia) Market Value
| 7233 Stock | 1.93 0.04 2.12% |
| Symbol | Dufu |
Dufu Tech '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 Dufu Tech'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 Dufu Tech.
| 11/19/2023 |
| 12/13/2024 |
If you would invest 0.00 in Dufu Tech on November 19, 2023 and sell it all today you would earn a total of 0.00 from holding Dufu Tech Corp or generate 0.0% return on investment in Dufu Tech over 390 days. Dufu Tech is related to or competes with PIE Industrial, Kobay Tech, JF Technology, CB Industrial, and MyTech Group. More
Dufu Tech 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 Dufu Tech'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 Dufu Tech Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.63 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 11.09 | |||
| Value At Risk | (2.31) | |||
| Potential Upside | 4.3 |
Dufu Tech Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dufu Tech's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dufu Tech's standard deviation. In reality, there are many statistical measures that can use Dufu Tech historical prices to predict the future Dufu Tech's volatility.| Risk Adjusted Performance | 0.0428 | |||
| Jensen Alpha | 0.0618 | |||
| Total Risk Alpha | (0.20) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.304 |
Dufu Tech Corp Backtested Returns
As of now, Dufu Stock is unstable. Dufu Tech Corp secures Sharpe Ratio (or Efficiency) of 0.0393, which denotes the company had a 0.0393% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Dufu Tech Corp, which you can use to evaluate the volatility of the firm. Please confirm Dufu Tech's Mean Deviation of 1.51, coefficient of variation of 1999.7, and Downside Deviation of 1.63 to check if the risk estimate we provide is consistent with the expected return of 0.0775%. Dufu Tech has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.31, which means possible diversification benefits within a given portfolio. As returns on the market increase, Dufu Tech's returns are expected to increase less than the market. However, during the bear market, the loss of holding Dufu Tech is expected to be smaller as well. Dufu Tech Corp right now shows a risk of 1.97%. Please confirm Dufu Tech Corp market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to decide if Dufu Tech Corp will be following its price patterns.
Auto-correlation | -0.46 |
Modest reverse predictability
Dufu Tech Corp has modest reverse predictability. Overlapping area represents the amount of predictability between Dufu Tech time series from 19th of November 2023 to 1st of June 2024 and 1st of June 2024 to 13th 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 Dufu Tech Corp price movement. The serial correlation of -0.46 indicates that about 46.0% of current Dufu Tech price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.46 | |
| Spearman Rank Test | -0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 0.11 |
Dufu Tech Corp lagged returns against current returns
Autocorrelation, which is Dufu Tech 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 Dufu Tech's stock expected returns. We can calculate the autocorrelation of Dufu Tech returns to help us make a trade decision. For example, suppose you find that Dufu Tech 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 |
Dufu Tech 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 Dufu Tech stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dufu Tech stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dufu Tech stock over time.
Current vs Lagged Prices |
| Timeline |
Dufu Tech Lagged Returns
When evaluating Dufu Tech's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dufu Tech stock have on its future price. Dufu Tech 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, Dufu Tech autocorrelation shows the relationship between Dufu Tech stock current value and its past values and can show if there is a momentum factor associated with investing in Dufu Tech Corp.
Regressed Prices |
| Timeline |
Also Currently Popular
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 Dufu Stock
Dufu Tech financial ratios help investors to determine whether Dufu 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 Dufu with respect to the benefits of owning Dufu Tech security.