Dynasty Ceramic (Thailand) Market Value
| DCC Stock | THB 1.85 0.02 1.07% |
| Symbol | Dynasty |
Dynasty Ceramic '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 Dynasty Ceramic'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 Dynasty Ceramic.
| 11/04/2024 |
| 12/04/2024 |
If you would invest 0.00 in Dynasty Ceramic on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding Dynasty Ceramic Public or generate 0.0% return on investment in Dynasty Ceramic over 30 days. Dynasty Ceramic is related to or competes with Asia Aviation, Bangkok Dusit, Bangkok Expressway, Airports, and BTS Group. Dynasty Ceramic Public Company Limited manufactures, sells, and distributes ceramic wall and floor tiles in Thailand and... More
Dynasty Ceramic 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 Dynasty Ceramic'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 Dynasty Ceramic Public upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 5.79 | |||
| Value At Risk | (2.09) | |||
| Potential Upside | 2.22 |
Dynasty Ceramic Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dynasty Ceramic's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dynasty Ceramic's standard deviation. In reality, there are many statistical measures that can use Dynasty Ceramic historical prices to predict the future Dynasty Ceramic's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.10) | |||
| Total Risk Alpha | (0.27) | |||
| Treynor Ratio | (0.55) |
Dynasty Ceramic Public Backtested Returns
Dynasty Ceramic Public secures Sharpe Ratio (or Efficiency) of -0.0071, which denotes the company had a -0.0071% return per unit of risk over the last 3 months. Dynasty Ceramic Public exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dynasty Ceramic's Standard Deviation of 1.36, variance of 1.84, and Mean Deviation of 1.07 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.16, which means not very significant fluctuations relative to the market. As returns on the market increase, Dynasty Ceramic's returns are expected to increase less than the market. However, during the bear market, the loss of holding Dynasty Ceramic is expected to be smaller as well. At this point, Dynasty Ceramic Public has a negative expected return of -0.0092%. Please make sure to confirm Dynasty Ceramic's maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to decide if Dynasty Ceramic Public performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.33 |
Poor reverse predictability
Dynasty Ceramic Public has poor reverse predictability. Overlapping area represents the amount of predictability between Dynasty Ceramic time series from 4th of November 2024 to 19th of November 2024 and 19th of November 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 Dynasty Ceramic Public price movement. The serial correlation of -0.33 indicates that nearly 33.0% of current Dynasty Ceramic price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.33 | |
| Spearman Rank Test | -0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Dynasty Ceramic Public lagged returns against current returns
Autocorrelation, which is Dynasty Ceramic 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 Dynasty Ceramic's stock expected returns. We can calculate the autocorrelation of Dynasty Ceramic returns to help us make a trade decision. For example, suppose you find that Dynasty Ceramic 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 |
Dynasty Ceramic 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 Dynasty Ceramic stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dynasty Ceramic stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dynasty Ceramic stock over time.
Current vs Lagged Prices |
| Timeline |
Dynasty Ceramic Lagged Returns
When evaluating Dynasty Ceramic's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dynasty Ceramic stock have on its future price. Dynasty Ceramic 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, Dynasty Ceramic autocorrelation shows the relationship between Dynasty Ceramic stock current value and its past values and can show if there is a momentum factor associated with investing in Dynasty Ceramic Public.
Regressed Prices |
| Timeline |
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Dynasty Ceramic financial ratios help investors to determine whether Dynasty 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 Dynasty with respect to the benefits of owning Dynasty Ceramic security.