DKSH Holding (Switzerland) Market Value
| DKSH Stock | CHF 65.50 0.50 0.77% |
| Symbol | DKSH |
DKSH Holding '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 DKSH Holding'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 DKSH Holding.
| 06/05/2024 |
| 12/02/2024 |
If you would invest 0.00 in DKSH Holding on June 5, 2024 and sell it all today you would earn a total of 0.00 from holding DKSH Holding AG or generate 0.0% return on investment in DKSH Holding over 180 days. DKSH Holding is related to or competes with Bachem Holding, Comet Holding, Interroll Holding, Siegfried Holding, and Daetwyl I. DKSH Holding Ltd. provides various market expansion services in Thailand, Greater China, Malaysia, Singapore, rest of As... More
DKSH Holding 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 DKSH Holding'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 DKSH Holding AG upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 5.22 | |||
| Value At Risk | (1.36) | |||
| Potential Upside | 1.3 |
DKSH Holding Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for DKSH Holding's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as DKSH Holding's standard deviation. In reality, there are many statistical measures that can use DKSH Holding historical prices to predict the future DKSH Holding's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.1) | |||
| Total Risk Alpha | (0.24) | |||
| Treynor Ratio | (0.20) |
DKSH Holding AG Backtested Returns
DKSH Holding AG secures Sharpe Ratio (or Efficiency) of -0.0504, which denotes the company had a -0.0504% return per unit of volatility over the last 3 months. DKSH Holding AG exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm DKSH Holding's Standard Deviation of 1.08, mean deviation of 0.8219, and Market Risk Adjusted Performance of (0.19) to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.3, which means possible diversification benefits within a given portfolio. As returns on the market increase, DKSH Holding's returns are expected to increase less than the market. However, during the bear market, the loss of holding DKSH Holding is expected to be smaller as well. At this point, DKSH Holding AG has a negative expected return of -0.0541%. Please make sure to confirm DKSH Holding's maximum drawdown, potential upside, kurtosis, as well as the relationship between the value at risk and skewness , to decide if DKSH Holding AG performance from the past will be repeated at future time.
Auto-correlation | -0.58 |
Good reverse predictability
DKSH Holding AG has good reverse predictability. Overlapping area represents the amount of predictability between DKSH Holding time series from 5th of June 2024 to 3rd of September 2024 and 3rd of September 2024 to 2nd 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 DKSH Holding AG price movement. The serial correlation of -0.58 indicates that roughly 58.0% of current DKSH Holding price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.58 | |
| Spearman Rank Test | -0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 1.93 |
DKSH Holding AG lagged returns against current returns
Autocorrelation, which is DKSH Holding 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 DKSH Holding's stock expected returns. We can calculate the autocorrelation of DKSH Holding returns to help us make a trade decision. For example, suppose you find that DKSH Holding 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 |
DKSH Holding 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 DKSH Holding stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if DKSH Holding stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in DKSH Holding stock over time.
Current vs Lagged Prices |
| Timeline |
DKSH Holding Lagged Returns
When evaluating DKSH Holding's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of DKSH Holding stock have on its future price. DKSH Holding 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, DKSH Holding autocorrelation shows the relationship between DKSH Holding stock current value and its past values and can show if there is a momentum factor associated with investing in DKSH Holding AG.
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.Additional Tools for DKSH Stock Analysis
When running DKSH Holding's price analysis, check to measure DKSH Holding's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy DKSH Holding is operating at the current time. Most of DKSH Holding's value examination focuses on studying past and present price action to predict the probability of DKSH Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DKSH Holding's price. Additionally, you may evaluate how the addition of DKSH Holding to your portfolios can decrease your overall portfolio volatility.