Direct Capital (Israel) Market Value
| DCI Stock | 950.00 118.00 11.05% |
| Symbol | Direct |
Direct Capital '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 Direct Capital'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 Direct Capital.
| 10/13/2024 |
| 12/12/2024 |
If you would invest 0.00 in Direct Capital on October 13, 2024 and sell it all today you would earn a total of 0.00 from holding Direct Capital Investments or generate 0.0% return on investment in Direct Capital over 60 days. Direct Capital is related to or competes with Nice, Gold Bond, Bank Leumi, ICL Israel, Mizrahi Tefahot, Azrieli, and Elbit Systems. Direct Capital Investment Ltd. does not have significant operations. More
Direct Capital 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 Direct Capital'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 Direct Capital Investments upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 53.61 | |||
| Value At Risk | (18.03) | |||
| Potential Upside | 12.5 |
Direct Capital Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Direct Capital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Direct Capital's standard deviation. In reality, there are many statistical measures that can use Direct Capital historical prices to predict the future Direct Capital's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.58) | |||
| Total Risk Alpha | (1.96) | |||
| Treynor Ratio | (137.57) |
Direct Capital Inves Backtested Returns
Direct Capital Inves secures Sharpe Ratio (or Efficiency) of -0.0792, which denotes the company had a -0.0792% return per unit of risk over the last 3 months. Direct Capital Investments exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Direct Capital's Mean Deviation of 4.6, variance of 76.32, and Standard Deviation of 8.74 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.0042, which means not very significant fluctuations relative to the market. As returns on the market increase, Direct Capital's returns are expected to increase less than the market. However, during the bear market, the loss of holding Direct Capital is expected to be smaller as well. At this point, Direct Capital Inves has a negative expected return of -0.72%. Please make sure to confirm Direct Capital's kurtosis, and the relationship between the value at risk and rate of daily change , to decide if Direct Capital Inves performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.22 |
Weak predictability
Direct Capital Investments has weak predictability. Overlapping area represents the amount of predictability between Direct Capital time series from 13th of October 2024 to 12th of November 2024 and 12th of November 2024 to 12th 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 Direct Capital Inves price movement. The serial correlation of 0.22 indicates that over 22.0% of current Direct Capital price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.22 | |
| Spearman Rank Test | -0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 2681.35 |
Direct Capital Inves lagged returns against current returns
Autocorrelation, which is Direct Capital 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 Direct Capital's stock expected returns. We can calculate the autocorrelation of Direct Capital returns to help us make a trade decision. For example, suppose you find that Direct Capital 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 |
Direct Capital 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 Direct Capital stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Direct Capital stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Direct Capital stock over time.
Current vs Lagged Prices |
| Timeline |
Direct Capital Lagged Returns
When evaluating Direct Capital's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Direct Capital stock have on its future price. Direct Capital 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, Direct Capital autocorrelation shows the relationship between Direct Capital stock current value and its past values and can show if there is a momentum factor associated with investing in Direct Capital Investments.
Regressed Prices |
| Timeline |
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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 Direct Stock
Direct Capital financial ratios help investors to determine whether Direct 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 Direct with respect to the benefits of owning Direct Capital security.