Dohome Public (Thailand) Market Value
| DOHOME Stock | THB 9.85 0.10 1.03% |
| Symbol | Dohome |
Dohome Public '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 Dohome Public'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 Dohome Public.
| 11/12/2024 |
| 12/12/2024 |
If you would invest 0.00 in Dohome Public on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding Dohome Public or generate 0.0% return on investment in Dohome Public over 30 days. Dohome Public is related to or competes with Com7 PCL, Central Retail, Siam Global, Home Product, and Carabao Group. Dohome Public Company Limited retails and wholesales construction materials, office equipment, and household products More
Dohome Public 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 Dohome Public'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 Dohome Public upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 10.18 | |||
| Value At Risk | (2.86) | |||
| Potential Upside | 3.67 |
Dohome Public Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dohome Public's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dohome Public's standard deviation. In reality, there are many statistical measures that can use Dohome Public historical prices to predict the future Dohome Public's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | (0.50) | |||
| Treynor Ratio | (0.48) |
Dohome Public Backtested Returns
Dohome Public secures Sharpe Ratio (or Efficiency) of -0.0395, which denotes the company had a -0.0395% return per unit of risk over the last 3 months. Dohome Public exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dohome Public's Mean Deviation of 1.53, standard deviation of 2.1, and Variance of 4.42 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.35, which means possible diversification benefits within a given portfolio. As returns on the market increase, Dohome Public's returns are expected to increase less than the market. However, during the bear market, the loss of holding Dohome Public is expected to be smaller as well. At this point, Dohome Public has a negative expected return of -0.0843%. Please make sure to confirm Dohome Public's maximum drawdown, as well as the relationship between the accumulation distribution and price action indicator , to decide if Dohome Public performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.68 |
Good predictability
Dohome Public has good predictability. Overlapping area represents the amount of predictability between Dohome Public time series from 12th of November 2024 to 27th of November 2024 and 27th 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 Dohome Public price movement. The serial correlation of 0.68 indicates that around 68.0% of current Dohome Public price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.68 | |
| Spearman Rank Test | -0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Dohome Public lagged returns against current returns
Autocorrelation, which is Dohome Public 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 Dohome Public's stock expected returns. We can calculate the autocorrelation of Dohome Public returns to help us make a trade decision. For example, suppose you find that Dohome Public 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 |
Dohome Public 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 Dohome Public stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dohome Public stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dohome Public stock over time.
Current vs Lagged Prices |
| Timeline |
Dohome Public Lagged Returns
When evaluating Dohome Public's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dohome Public stock have on its future price. Dohome Public 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, Dohome Public autocorrelation shows the relationship between Dohome Public stock current value and its past values and can show if there is a momentum factor associated with investing in Dohome Public.
Regressed Prices |
| Timeline |
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Dohome Public financial ratios help investors to determine whether Dohome 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 Dohome with respect to the benefits of owning Dohome Public security.