Dook Media (China) Market Value
| 301025 Stock | 9.74 0.17 1.72% |
| Symbol | Dook |
Dook Media '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 Dook Media'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 Dook Media.
| 11/02/2024 |
| 01/31/2025 |
If you would invest 0.00 in Dook Media on November 2, 2024 and sell it all today you would earn a total of 0.00 from holding Dook Media Group or generate 0.0% return on investment in Dook Media over 90 days. Dook Media is related to or competes with Jiangsu Broadcasting, XiAn Dagang, Shanghai Broadband, Guizhou Chanhen, Liuzhou Chemical, and Hubeiyichang Transportation. More
Dook Media 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 Dook Media'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 Dook Media Group upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 16.08 | |||
| Value At Risk | (5.94) | |||
| Potential Upside | 4.57 |
Dook Media Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dook Media's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dook Media's standard deviation. In reality, there are many statistical measures that can use Dook Media historical prices to predict the future Dook Media's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.46) | |||
| Treynor Ratio | (0.55) |
Dook Media Group Backtested Returns
Dook Media Group secures Sharpe Ratio (or Efficiency) of -0.0333, which denotes the company had a -0.0333 % return per unit of risk over the last 3 months. Dook Media Group exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dook Media's Mean Deviation of 2.27, standard deviation of 3.21, and Variance of 10.31 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.21, which means not very significant fluctuations relative to the market. As returns on the market increase, Dook Media's returns are expected to increase less than the market. However, during the bear market, the loss of holding Dook Media is expected to be smaller as well. At this point, Dook Media Group has a negative expected return of -0.11%. Please make sure to confirm Dook Media's total risk alpha, maximum drawdown, and the relationship between the jensen alpha and treynor ratio , to decide if Dook Media Group performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.1 |
Very weak reverse predictability
Dook Media Group has very weak reverse predictability. Overlapping area represents the amount of predictability between Dook Media time series from 2nd of November 2024 to 17th of December 2024 and 17th of December 2024 to 31st of January 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 Dook Media Group price movement. The serial correlation of -0.1 indicates that less than 10.0% of current Dook Media price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.1 | |
| Spearman Rank Test | -0.75 | |
| Residual Average | 0.0 | |
| Price Variance | 0.8 |
Dook Media Group lagged returns against current returns
Autocorrelation, which is Dook Media 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 Dook Media's stock expected returns. We can calculate the autocorrelation of Dook Media returns to help us make a trade decision. For example, suppose you find that Dook Media 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 |
Dook Media 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 Dook Media stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dook Media stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dook Media stock over time.
Current vs Lagged Prices |
| Timeline |
Dook Media Lagged Returns
When evaluating Dook Media's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dook Media stock have on its future price. Dook Media 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, Dook Media autocorrelation shows the relationship between Dook Media stock current value and its past values and can show if there is a momentum factor associated with investing in Dook Media Group.
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 Dook Stock
Dook Media financial ratios help investors to determine whether Dook 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 Dook with respect to the benefits of owning Dook Media security.