DIC Holdings (Vietnam) Market Value

DC4 Stock   13,300  250.00  1.85%   
DIC Holdings' market value is the price at which a share of DIC Holdings trades on a public exchange. It measures the collective expectations of DIC Holdings Construction investors about its performance. DIC Holdings is selling at 13300.00 as of the 15th of December 2024; that is 1.85 percent decrease since the beginning of the trading day. The stock's open price was 13550.0.
With this module, you can estimate the performance of a buy and hold strategy of DIC Holdings Construction and determine expected loss or profit from investing in DIC Holdings over a given investment horizon. Check out DIC Holdings Correlation, DIC Holdings Volatility and DIC Holdings Alpha and Beta module to complement your research on DIC Holdings.
Symbol

Please note, there is a significant difference between DIC Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if DIC Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DIC Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

DIC Holdings '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 DIC Holdings' 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 DIC Holdings.
0.00
11/15/2024
No Change 0.00  0.0 
In 30 days
12/15/2024
0.00
If you would invest  0.00  in DIC Holdings on November 15, 2024 and sell it all today you would earn a total of 0.00 from holding DIC Holdings Construction or generate 0.0% return on investment in DIC Holdings over 30 days. DIC Holdings is related to or competes with Telecoms Informatics, Techno Agricultural, Hai An, POST TELECOMMU, and Post. More

DIC Holdings 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 DIC Holdings' 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 DIC Holdings Construction upside and downside potential and time the market with a certain degree of confidence.

DIC Holdings Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for DIC Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as DIC Holdings' standard deviation. In reality, there are many statistical measures that can use DIC Holdings historical prices to predict the future DIC Holdings' volatility.
Hype
Prediction
LowEstimatedHigh
13,29713,30013,303
Details
Intrinsic
Valuation
LowRealHigh
13,14713,15014,630
Details
Naive
Forecast
LowNextHigh
12,29712,30012,303
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
12,74314,17515,607
Details

DIC Holdings Construction Backtested Returns

DIC Holdings appears to be very steady, given 3 months investment horizon. DIC Holdings Construction retains Efficiency (Sharpe Ratio) of 0.12, which denotes the company had a 0.12% return per unit of risk over the last 3 months. We have found thirty technical indicators for DIC Holdings, which you can use to evaluate the volatility of the firm. Please utilize DIC Holdings' Coefficient Of Variation of 855.29, downside deviation of 2.43, and Market Risk Adjusted Performance of 2.26 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, DIC Holdings holds a performance score of 9. The firm owns a Beta (Systematic Risk) of 0.14, which means not very significant fluctuations relative to the market. As returns on the market increase, DIC Holdings' returns are expected to increase less than the market. However, during the bear market, the loss of holding DIC Holdings is expected to be smaller as well. Please check DIC Holdings' treynor ratio, expected short fall, and the relationship between the jensen alpha and potential upside , to make a quick decision on whether DIC Holdings' current price history will revert.

Auto-correlation

    
  -0.79  

Almost perfect reverse predictability

DIC Holdings Construction has almost perfect reverse predictability. Overlapping area represents the amount of predictability between DIC Holdings time series from 15th of November 2024 to 30th of November 2024 and 30th of November 2024 to 15th 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 DIC Holdings Construction price movement. The serial correlation of -0.79 indicates that around 79.0% of current DIC Holdings price fluctuation can be explain by its past prices.
Correlation Coefficient-0.79
Spearman Rank Test-0.9
Residual Average0.0
Price Variance570.6 K

DIC Holdings Construction lagged returns against current returns

Autocorrelation, which is DIC Holdings 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 DIC Holdings' stock expected returns. We can calculate the autocorrelation of DIC Holdings returns to help us make a trade decision. For example, suppose you find that DIC Holdings 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  

DIC Holdings 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 DIC Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if DIC Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in DIC Holdings stock over time.
   Current vs Lagged Prices   
       Timeline  

DIC Holdings Lagged Returns

When evaluating DIC Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of DIC Holdings stock have on its future price. DIC Holdings 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, DIC Holdings autocorrelation shows the relationship between DIC Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in DIC Holdings Construction.
   Regressed Prices   
       Timeline  

Pair Trading with DIC Holdings

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if DIC Holdings position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in DIC Holdings will appreciate offsetting losses from the drop in the long position's value.

Moving against DIC Stock

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The ability to find closely correlated positions to DIC Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DIC Holdings when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back DIC Holdings - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling DIC Holdings Construction to buy it.
The correlation of DIC Holdings is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as DIC Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DIC Holdings Construction moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for DIC Holdings can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in DIC Stock

DIC Holdings financial ratios help investors to determine whether DIC 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 DIC with respect to the benefits of owning DIC Holdings security.