DMS CoLtd (Korea) Market Value
068790 Stock | KRW 6,260 60.00 0.95% |
Symbol | DMS |
DMS CoLtd '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 DMS CoLtd'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 DMS CoLtd.
04/05/2024 |
| 05/05/2024 |
If you would invest 0.00 in DMS CoLtd on April 5, 2024 and sell it all today you would earn a total of 0.00 from holding DMS CoLtd or generate 0.0% return on investment in DMS CoLtd over 30 days. DMS CoLtd is related to or competes with GAMEVIL, DhSteel, Samhyun Steel, SK Chemicals, Keum Kang, Hankuk Steel, and Nature. ,Ltd. produces and supplies FPD and renewable energy equipment in South Korea and internationally More
DMS CoLtd 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 DMS CoLtd'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 DMS CoLtd upside and downside potential and time the market with a certain degree of confidence.
Information Ratio | (0.04) | |||
Maximum Drawdown | 10.54 | |||
Value At Risk | (3.84) | |||
Potential Upside | 3.93 |
DMS CoLtd Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for DMS CoLtd's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as DMS CoLtd's standard deviation. In reality, there are many statistical measures that can use DMS CoLtd historical prices to predict the future DMS CoLtd's volatility.Risk Adjusted Performance | 0.0043 | |||
Jensen Alpha | (0.05) | |||
Total Risk Alpha | (0.25) | |||
Treynor Ratio | (0.04) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of DMS CoLtd's 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.
DMS CoLtd Backtested Returns
DMS CoLtd secures Sharpe Ratio (or Efficiency) of -0.0042, which denotes the company had a -0.0042% return per unit of volatility over the last 3 months. DMS CoLtd exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm DMS CoLtd's Market Risk Adjusted Performance of (0.03), mean deviation of 1.52, and Standard Deviation of 2.12 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.47, which means possible diversification benefits within a given portfolio. As returns on the market increase, DMS CoLtd's returns are expected to increase less than the market. However, during the bear market, the loss of holding DMS CoLtd is expected to be smaller as well. DMS CoLtd has an expected return of -0.009%. Please make sure to confirm DMS CoLtd treynor ratio, value at risk, and the relationship between the total risk alpha and maximum drawdown , to decide if DMS CoLtd performance from the past will be repeated at future time.
Auto-correlation | -0.86 |
Excellent reverse predictability
DMS CoLtd has excellent reverse predictability. Overlapping area represents the amount of predictability between DMS CoLtd time series from 5th of April 2024 to 20th of April 2024 and 20th of April 2024 to 5th of May 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 DMS CoLtd price movement. The serial correlation of -0.86 indicates that approximately 86.0% of current DMS CoLtd price fluctuation can be explain by its past prices.
Correlation Coefficient | -0.86 | |
Spearman Rank Test | -0.71 | |
Residual Average | 0.0 | |
Price Variance | 26.9 K |
DMS CoLtd lagged returns against current returns
Autocorrelation, which is DMS CoLtd 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 DMS CoLtd's stock expected returns. We can calculate the autocorrelation of DMS CoLtd returns to help us make a trade decision. For example, suppose you find that DMS CoLtd 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 |
DMS CoLtd 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 DMS CoLtd stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if DMS CoLtd stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in DMS CoLtd stock over time.
Current vs Lagged Prices |
Timeline |
DMS CoLtd Lagged Returns
When evaluating DMS CoLtd's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of DMS CoLtd stock have on its future price. DMS CoLtd 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, DMS CoLtd autocorrelation shows the relationship between DMS CoLtd stock current value and its past values and can show if there is a momentum factor associated with investing in DMS CoLtd.
Regressed Prices |
Timeline |
Thematic Opportunities
Explore Investment Opportunities
Check out DMS CoLtd Correlation, DMS CoLtd Volatility and DMS CoLtd Alpha and Beta module to complement your research on DMS CoLtd. Note that the DMS CoLtd information on this page should be used as a complementary analysis to other DMS CoLtd's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Complementary Tools for DMS Stock analysis
When running DMS CoLtd's price analysis, check to measure DMS CoLtd'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 DMS CoLtd is operating at the current time. Most of DMS CoLtd's value examination focuses on studying past and present price action to predict the probability of DMS CoLtd's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DMS CoLtd's price. Additionally, you may evaluate how the addition of DMS CoLtd to your portfolios can decrease your overall portfolio volatility.
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DMS CoLtd 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.