Dataprep Holdings (Malaysia) Market Value
| 8338 Stock | 0.14 0.00 0.00% |
| Symbol | Dataprep |
Dataprep Holdings '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 Dataprep Holdings' 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 Dataprep Holdings.
| 01/09/2023 |
| 11/29/2024 |
If you would invest 0.00 in Dataprep Holdings on January 9, 2023 and sell it all today you would earn a total of 0.00 from holding Dataprep Holdings Bhd or generate 0.0% return on investment in Dataprep Holdings over 690 days. Dataprep Holdings is related to or competes with Datasonic Group, Awanbiru Technology, Systech Bhd, Diversified Gateway, and Privasia Technology. More
Dataprep Holdings 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 Dataprep Holdings' 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 Dataprep Holdings Bhd upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.1) | |||
| Maximum Drawdown | 33.19 | |||
| Value At Risk | (6.67) | |||
| Potential Upside | 6.25 |
Dataprep Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dataprep Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dataprep Holdings' standard deviation. In reality, there are many statistical measures that can use Dataprep Holdings historical prices to predict the future Dataprep Holdings' volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.41) | |||
| Total Risk Alpha | (0.94) | |||
| Treynor Ratio | (0.33) |
Dataprep Holdings Bhd Backtested Returns
Dataprep Holdings Bhd secures Sharpe Ratio (or Efficiency) of -0.0514, which denotes the company had a -0.0514% return per unit of risk over the last 3 months. Dataprep Holdings Bhd exposes twenty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dataprep Holdings' Standard Deviation of 4.24, mean deviation of 2.1, and Variance of 17.98 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.94, which means possible diversification benefits within a given portfolio. Dataprep Holdings returns are very sensitive to returns on the market. As the market goes up or down, Dataprep Holdings is expected to follow. At this point, Dataprep Holdings Bhd has a negative expected return of -0.22%. Please make sure to confirm Dataprep Holdings' jensen alpha, value at risk, skewness, as well as the relationship between the total risk alpha and potential upside , to decide if Dataprep Holdings Bhd performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.18 |
Insignificant reverse predictability
Dataprep Holdings Bhd has insignificant reverse predictability. Overlapping area represents the amount of predictability between Dataprep Holdings time series from 9th of January 2023 to 20th of December 2023 and 20th of December 2023 to 29th 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 Dataprep Holdings Bhd price movement. The serial correlation of -0.18 indicates that over 18.0% of current Dataprep Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.18 | |
| Spearman Rank Test | -0.47 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Dataprep Holdings Bhd lagged returns against current returns
Autocorrelation, which is Dataprep Holdings 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 Dataprep Holdings' stock expected returns. We can calculate the autocorrelation of Dataprep Holdings returns to help us make a trade decision. For example, suppose you find that Dataprep Holdings 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 |
Dataprep Holdings 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 Dataprep Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dataprep Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dataprep Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
Dataprep Holdings Lagged Returns
When evaluating Dataprep Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dataprep Holdings stock have on its future price. Dataprep Holdings 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, Dataprep Holdings autocorrelation shows the relationship between Dataprep Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in Dataprep Holdings Bhd.
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 Dataprep Stock
Dataprep Holdings financial ratios help investors to determine whether Dataprep 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 Dataprep with respect to the benefits of owning Dataprep Holdings security.