Davis Commodities Limited Stock Market Value
| DTCK Stock | 1.14 0.05 4.59% |
| Symbol | Davis |
Davis Commodities Price To Book Ratio
Is Consumer Staples Distribution & Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Davis Commodities. If investors know Davis will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Davis Commodities listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.38) | Earnings Share 0.02 | Revenue Per Share 6.361 | Quarterly Revenue Growth (0.32) | Return On Assets 0.0017 |
The market value of Davis Commodities is measured differently than its book value, which is the value of Davis that is recorded on the company's balance sheet. Investors also form their own opinion of Davis Commodities' value that differs from its market value or its book value, called intrinsic value, which is Davis Commodities' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Davis Commodities' market value can be influenced by many factors that don't directly affect Davis Commodities' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Davis Commodities' value and its price as these two are different measures arrived at by different means. Investors typically determine if Davis Commodities is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Davis Commodities' 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.
Davis Commodities '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 Davis Commodities' 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 Davis Commodities.
| 11/12/2024 |
| 12/12/2024 |
If you would invest 0.00 in Davis Commodities on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding Davis Commodities Limited or generate 0.0% return on investment in Davis Commodities over 30 days. Davis Commodities is related to or competes with Boston Properties, Chiba Bank, MI Homes, Artisan Partners, Bassett Furniture, Hooker Furniture, and Smith Douglas. Davis Commodities is entity of United States More
Davis Commodities 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 Davis Commodities' 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 Davis Commodities Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 13.0 | |||
| Value At Risk | (5.26) | |||
| Potential Upside | 4.59 |
Davis Commodities Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Davis Commodities' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Davis Commodities' standard deviation. In reality, there are many statistical measures that can use Davis Commodities historical prices to predict the future Davis Commodities' volatility.| Risk Adjusted Performance | 0.0059 | |||
| Jensen Alpha | 0.0241 | |||
| Total Risk Alpha | (0.62) | |||
| Treynor Ratio | 0.0534 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Davis Commodities' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Davis Commodities Backtested Returns
As of now, Davis Stock is extremely dangerous. Davis Commodities secures Sharpe Ratio (or Efficiency) of 0.0105, which denotes the company had a 0.0105% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Davis Commodities Limited, which you can use to evaluate the volatility of the firm. Please confirm Davis Commodities' Mean Deviation of 2.56, variance of 14.04, and Standard Deviation of 3.75 to check if the risk estimate we provide is consistent with the expected return of 0.0395%. The firm shows a Beta (market volatility) of -0.39, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Davis Commodities are expected to decrease at a much lower rate. During the bear market, Davis Commodities is likely to outperform the market. Davis Commodities right now shows a risk of 3.76%. Please confirm Davis Commodities treynor ratio, kurtosis, as well as the relationship between the Kurtosis and day median price , to decide if Davis Commodities will be following its price patterns.
Auto-correlation | -0.65 |
Very good reverse predictability
Davis Commodities Limited has very good reverse predictability. Overlapping area represents the amount of predictability between Davis Commodities 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 Davis Commodities price movement. The serial correlation of -0.65 indicates that roughly 65.0% of current Davis Commodities price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.65 | |
| Spearman Rank Test | -0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Davis Commodities lagged returns against current returns
Autocorrelation, which is Davis Commodities 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 Davis Commodities' stock expected returns. We can calculate the autocorrelation of Davis Commodities returns to help us make a trade decision. For example, suppose you find that Davis Commodities 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 |
Davis Commodities 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 Davis Commodities stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Davis Commodities stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Davis Commodities stock over time.
Current vs Lagged Prices |
| Timeline |
Davis Commodities Lagged Returns
When evaluating Davis Commodities' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Davis Commodities stock have on its future price. Davis Commodities 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, Davis Commodities autocorrelation shows the relationship between Davis Commodities stock current value and its past values and can show if there is a momentum factor associated with investing in Davis Commodities Limited.
Regressed Prices |
| Timeline |
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Davis Commodities technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.