DR (China) Market Value
| 301177 Stock | 25.93 0.08 0.31% |
| Symbol | DR |
DR '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 DR'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 DR.
| 11/16/2024 |
| 12/16/2024 |
If you would invest 0.00 in DR on November 16, 2024 and sell it all today you would earn a total of 0.00 from holding DR Limited or generate 0.0% return on investment in DR over 30 days. DR is related to or competes with Industrial, Agricultural Bank, China Construction, Bank of China, Postal Savings, Bank of Communications, and Ping An. DR is entity of China. It is traded as Stock on SHE exchange. More
DR 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 DR'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 DR Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.75 | |||
| Information Ratio | 0.1307 | |||
| Maximum Drawdown | 23.31 | |||
| Value At Risk | (3.64) | |||
| Potential Upside | 6.17 |
DR Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for DR's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as DR's standard deviation. In reality, there are many statistical measures that can use DR historical prices to predict the future DR's volatility.| Risk Adjusted Performance | 0.1235 | |||
| Jensen Alpha | 0.5367 | |||
| Total Risk Alpha | 0.1124 | |||
| Sortino Ratio | 0.1653 | |||
| Treynor Ratio | 6.06 |
DR Limited Backtested Returns
DR appears to be not too volatile, given 3 months investment horizon. DR Limited retains Efficiency (Sharpe Ratio) of 0.2, which denotes the company had a 0.2% return per unit of price deviation over the last 3 months. By examining DR's technical indicators, you can evaluate if the expected return of 0.73% is justified by implied risk. Please utilize DR's Market Risk Adjusted Performance of 6.07, standard deviation of 3.48, and Downside Deviation of 2.75 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, DR holds a performance score of 15. The firm owns a Beta (Systematic Risk) of 0.0899, which means not very significant fluctuations relative to the market. As returns on the market increase, DR's returns are expected to increase less than the market. However, during the bear market, the loss of holding DR is expected to be smaller as well. Please check DR's semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to make a quick decision on whether DR's current price history will revert.
Auto-correlation | 0.19 |
Very weak predictability
DR Limited has very weak predictability. Overlapping area represents the amount of predictability between DR time series from 16th of November 2024 to 1st of December 2024 and 1st of December 2024 to 16th 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 DR Limited price movement. The serial correlation of 0.19 indicates that over 19.0% of current DR price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.19 | |
| Spearman Rank Test | 0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 0.29 |
DR Limited lagged returns against current returns
Autocorrelation, which is DR 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 DR's stock expected returns. We can calculate the autocorrelation of DR returns to help us make a trade decision. For example, suppose you find that DR 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 |
DR 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 DR stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if DR stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in DR stock over time.
Current vs Lagged Prices |
| Timeline |
DR Lagged Returns
When evaluating DR's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of DR stock have on its future price. DR 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, DR autocorrelation shows the relationship between DR stock current value and its past values and can show if there is a momentum factor associated with investing in DR Limited.
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.Other Information on Investing in DR Stock
DR financial ratios help investors to determine whether DR 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 DR with respect to the benefits of owning DR security.