IDJ FINANCIAL (Vietnam) Market Value
| IDJ Stock | 6,200 300.00 5.08% |
| Symbol | IDJ |
IDJ FINANCIAL '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 IDJ FINANCIAL'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 IDJ FINANCIAL.
| 04/20/2025 |
| 07/19/2025 |
If you would invest 0.00 in IDJ FINANCIAL on April 20, 2025 and sell it all today you would earn a total of 0.00 from holding IDJ FINANCIAL or generate 0.0% return on investment in IDJ FINANCIAL over 90 days. IDJ FINANCIAL is related to or competes with Din Capital, Nam Long, Hanoi Beer, Development Investment, Danang Education, Tng Investment, and Song Hong. More
IDJ FINANCIAL 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 IDJ FINANCIAL'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 IDJ FINANCIAL upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.92 | |||
| Information Ratio | 0.1405 | |||
| Maximum Drawdown | 15.88 | |||
| Value At Risk | (3.85) | |||
| Potential Upside | 8.89 |
IDJ FINANCIAL Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for IDJ FINANCIAL's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IDJ FINANCIAL's standard deviation. In reality, there are many statistical measures that can use IDJ FINANCIAL historical prices to predict the future IDJ FINANCIAL's volatility.| Risk Adjusted Performance | 0.1778 | |||
| Jensen Alpha | 0.5907 | |||
| Total Risk Alpha | 0.1323 | |||
| Sortino Ratio | 0.1605 | |||
| Treynor Ratio | 9.16 |
IDJ FINANCIAL Backtested Returns
IDJ FINANCIAL appears to be very steady, given 3 months investment horizon. IDJ FINANCIAL holds Efficiency (Sharpe) Ratio of 0.21, which attests that the entity had a 0.21 % return per unit of risk over the last 3 months. By inspecting IDJ FINANCIAL's technical indicators, you can evaluate if the expected return of 0.72% is justified by implied risk. Please utilize IDJ FINANCIAL's Semi Deviation of 1.75, risk adjusted performance of 0.1778, and Market Risk Adjusted Performance of 9.17 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, IDJ FINANCIAL holds a performance score of 16. The company retains a Market Volatility (i.e., Beta) of 0.0654, which attests to not very significant fluctuations relative to the market. As returns on the market increase, IDJ FINANCIAL's returns are expected to increase less than the market. However, during the bear market, the loss of holding IDJ FINANCIAL is expected to be smaller as well. Please check IDJ FINANCIAL's total risk alpha, expected short fall, market facilitation index, as well as the relationship between the value at risk and daily balance of power , to make a quick decision on whether IDJ FINANCIAL's current trending patterns will revert.
Auto-correlation | 0.24 |
Weak predictability
IDJ FINANCIAL has weak predictability. Overlapping area represents the amount of predictability between IDJ FINANCIAL time series from 20th of April 2025 to 4th of June 2025 and 4th of June 2025 to 19th of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of IDJ FINANCIAL price movement. The serial correlation of 0.24 indicates that over 24.0% of current IDJ FINANCIAL price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.24 | |
| Spearman Rank Test | 0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 77.4 K |
IDJ FINANCIAL lagged returns against current returns
Autocorrelation, which is IDJ FINANCIAL 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 IDJ FINANCIAL's stock expected returns. We can calculate the autocorrelation of IDJ FINANCIAL returns to help us make a trade decision. For example, suppose you find that IDJ FINANCIAL 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 |
IDJ FINANCIAL 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 IDJ FINANCIAL stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IDJ FINANCIAL stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IDJ FINANCIAL stock over time.
Current vs Lagged Prices |
| Timeline |
IDJ FINANCIAL Lagged Returns
When evaluating IDJ FINANCIAL's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IDJ FINANCIAL stock have on its future price. IDJ FINANCIAL 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, IDJ FINANCIAL autocorrelation shows the relationship between IDJ FINANCIAL stock current value and its past values and can show if there is a momentum factor associated with investing in IDJ FINANCIAL.
Regressed Prices |
| Timeline |
Pair Trading with IDJ FINANCIAL
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if IDJ FINANCIAL position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in IDJ FINANCIAL will appreciate offsetting losses from the drop in the long position's value.Moving together with IDJ Stock
The ability to find closely correlated positions to IDJ FINANCIAL could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace IDJ FINANCIAL when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back IDJ FINANCIAL - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling IDJ FINANCIAL to buy it.
The correlation of IDJ FINANCIAL is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as IDJ FINANCIAL moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if IDJ FINANCIAL moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for IDJ FINANCIAL can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in IDJ Stock
IDJ FINANCIAL financial ratios help investors to determine whether IDJ 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 IDJ with respect to the benefits of owning IDJ FINANCIAL security.