Dgb Financial (Korea) Market Value
| 139130 Stock | 8,480 10.00 0.12% |
| Symbol | Dgb |
Dgb 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 Dgb 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 Dgb Financial.
| 10/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in Dgb Financial on October 24, 2024 and sell it all today you would earn a total of 0.00 from holding Dgb Financial or generate 0.0% return on investment in Dgb Financial over 30 days. Dgb Financial is related to or competes with SH Energy, DB Financial, Stic Investments, SV Investment, Lotte Fine, DSC Investment, and Hanwha InvestmentSecuri. More
Dgb 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 Dgb 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 Dgb Financial upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.25 | |||
| Information Ratio | 0.0013 | |||
| Maximum Drawdown | 6.25 | |||
| Value At Risk | (1.59) | |||
| Potential Upside | 1.71 |
Dgb Financial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dgb Financial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dgb Financial's standard deviation. In reality, there are many statistical measures that can use Dgb Financial historical prices to predict the future Dgb Financial's volatility.| Risk Adjusted Performance | 0.0826 | |||
| Jensen Alpha | 0.0908 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.0011 | |||
| Treynor Ratio | 0.995 |
Dgb Financial Backtested Returns
At this point, Dgb Financial is very steady. Dgb Financial secures Sharpe Ratio (or Efficiency) of 0.0109, which denotes the company had a 0.0109% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Dgb Financial, which you can use to evaluate the volatility of the firm. Please confirm Dgb Financial's Downside Deviation of 1.25, mean deviation of 0.7787, and Semi Deviation of 1.05 to check if the risk estimate we provide is consistent with the expected return of 0.0112%. The firm shows a Beta (market volatility) of 0.1, which means not very significant fluctuations relative to the market. As returns on the market increase, Dgb Financial's returns are expected to increase less than the market. However, during the bear market, the loss of holding Dgb Financial is expected to be smaller as well. Dgb Financial right now shows a risk of 1.03%. Please confirm Dgb Financial semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to decide if Dgb Financial will be following its price patterns.
Auto-correlation | 0.70 |
Good predictability
Dgb Financial has good predictability. Overlapping area represents the amount of predictability between Dgb Financial time series from 24th of October 2024 to 8th of November 2024 and 8th of November 2024 to 23rd of November 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 Dgb Financial price movement. The serial correlation of 0.7 indicates that around 70.0% of current Dgb Financial price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.7 | |
| Spearman Rank Test | 0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 13.2 K |
Dgb Financial lagged returns against current returns
Autocorrelation, which is Dgb 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 Dgb Financial's stock expected returns. We can calculate the autocorrelation of Dgb Financial returns to help us make a trade decision. For example, suppose you find that Dgb 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 |
Dgb 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 Dgb Financial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dgb Financial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dgb Financial stock over time.
Current vs Lagged Prices |
| Timeline |
Dgb Financial Lagged Returns
When evaluating Dgb Financial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dgb Financial stock have on its future price. Dgb 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, Dgb Financial autocorrelation shows the relationship between Dgb Financial stock current value and its past values and can show if there is a momentum factor associated with investing in Dgb Financial.
Regressed Prices |
| Timeline |
Pair Trading with Dgb 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 Dgb 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 Dgb Financial will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Dgb 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 Dgb 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 Dgb 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 Dgb Financial to buy it.
The correlation of Dgb 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 Dgb Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dgb 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 Dgb 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 Dgb Stock
Dgb Financial financial ratios help investors to determine whether Dgb 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 Dgb with respect to the benefits of owning Dgb Financial security.