Distribuidora (Argentina) Market Value

DGCU2 Stock  ARS 2,245  5.00  0.22%   
Distribuidora's market value is the price at which a share of Distribuidora trades on a public exchange. It measures the collective expectations of Distribuidora de Gas investors about its performance. Distribuidora is trading at 2245.00 as of the 15th of December 2024, a 0.22% down since the beginning of the trading day. The stock's open price was 2250.0.
With this module, you can estimate the performance of a buy and hold strategy of Distribuidora de Gas and determine expected loss or profit from investing in Distribuidora over a given investment horizon. Check out Distribuidora Correlation, Distribuidora Volatility and Distribuidora Alpha and Beta module to complement your research on Distribuidora.
Symbol

Please note, there is a significant difference between Distribuidora's value and its price as these two are different measures arrived at by different means. Investors typically determine if Distribuidora is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Distribuidora's 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.

Distribuidora '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 Distribuidora'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 Distribuidora.
0.00
12/21/2023
No Change 0.00  0.0 
In 11 months and 27 days
12/15/2024
0.00
If you would invest  0.00  in Distribuidora on December 21, 2023 and sell it all today you would earn a total of 0.00 from holding Distribuidora de Gas or generate 0.0% return on investment in Distribuidora over 360 days. Distribuidora is related to or competes with Naturgy BAN, Transportadora, Edesa Holding, Longvie SA, American Express, and United States. Distribuidora de Gas Cuyana S.A. engages in distribution of natural gas in Argentina More

Distribuidora 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 Distribuidora'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 Distribuidora de Gas upside and downside potential and time the market with a certain degree of confidence.

Distribuidora Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Distribuidora's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Distribuidora's standard deviation. In reality, there are many statistical measures that can use Distribuidora historical prices to predict the future Distribuidora's volatility.
Hype
Prediction
LowEstimatedHigh
2,2422,2452,248
Details
Intrinsic
Valuation
LowRealHigh
1,6831,6862,470
Details
Naive
Forecast
LowNextHigh
2,3072,3102,313
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
1,5551,9212,286
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Distribuidora. Your research has to be compared to or analyzed against Distribuidora's peers to derive any actionable benefits. When done correctly, Distribuidora's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Distribuidora de Gas.

Distribuidora de Gas Backtested Returns

Distribuidora appears to be very steady, given 3 months investment horizon. Distribuidora de Gas secures Sharpe Ratio (or Efficiency) of 0.27, which denotes the company had a 0.27% return per unit of risk over the last 3 months. By reviewing Distribuidora's technical indicators, you can evaluate if the expected return of 0.79% is justified by implied risk. Please utilize Distribuidora's Coefficient Of Variation of 382.84, downside deviation of 2.37, and Mean Deviation of 2.13 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Distribuidora holds a performance score of 21. The firm shows a Beta (market volatility) of -0.84, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Distribuidora are expected to decrease at a much lower rate. During the bear market, Distribuidora is likely to outperform the market. Please check Distribuidora's treynor ratio, value at risk, and the relationship between the sortino ratio and maximum drawdown , to make a quick decision on whether Distribuidora's price patterns will revert.

Auto-correlation

    
  0.36  

Below average predictability

Distribuidora de Gas has below average predictability. Overlapping area represents the amount of predictability between Distribuidora time series from 21st of December 2023 to 18th of June 2024 and 18th of June 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 Distribuidora de Gas price movement. The serial correlation of 0.36 indicates that just about 36.0% of current Distribuidora price fluctuation can be explain by its past prices.
Correlation Coefficient0.36
Spearman Rank Test0.0
Residual Average0.0
Price Variance53.5 K

Distribuidora de Gas lagged returns against current returns

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

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

Distribuidora Lagged Returns

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

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