Dhampur Bio (India) Market Value
| DBOL Stock | 121.79 0.07 0.06% |
| Symbol | Dhampur |
Dhampur Bio '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 Dhampur Bio'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 Dhampur Bio.
| 10/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in Dhampur Bio on October 24, 2024 and sell it all today you would earn a total of 0.00 from holding Dhampur Bio Organics or generate 0.0% return on investment in Dhampur Bio over 30 days. Dhampur Bio is related to or competes with MRF, JSW Holdings, Maharashtra Scooters, Nalwa Sons, Kalyani Investment, Pilani Investment, and Vardhman Holdings. Dhampur Bio is entity of India. It is traded as Stock on NSE exchange. More
Dhampur Bio 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 Dhampur Bio'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 Dhampur Bio Organics upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 18.81 | |||
| Value At Risk | (4.97) | |||
| Potential Upside | 4.18 |
Dhampur Bio Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dhampur Bio's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dhampur Bio's standard deviation. In reality, there are many statistical measures that can use Dhampur Bio historical prices to predict the future Dhampur Bio's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.55) | |||
| Treynor Ratio | 0.1651 |
Dhampur Bio Organics Backtested Returns
Dhampur Bio Organics secures Sharpe Ratio (or Efficiency) of -0.0315, which denotes the company had a -0.0315% return per unit of standard deviation over the last 3 months. Dhampur Bio Organics exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dhampur Bio's Standard Deviation of 2.89, mean deviation of 1.98, and Coefficient Of Variation of (3,260) to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.6, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Dhampur Bio are expected to decrease at a much lower rate. During the bear market, Dhampur Bio is likely to outperform the market. At this point, Dhampur Bio Organics has a negative expected return of -0.0923%. Please make sure to confirm Dhampur Bio's market risk adjusted performance, coefficient of variation, jensen alpha, as well as the relationship between the mean deviation and standard deviation , to decide if Dhampur Bio Organics performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.84 |
Excellent reverse predictability
Dhampur Bio Organics has excellent reverse predictability. Overlapping area represents the amount of predictability between Dhampur Bio 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 Dhampur Bio Organics price movement. The serial correlation of -0.84 indicates that around 84.0% of current Dhampur Bio price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.84 | |
| Spearman Rank Test | -0.67 | |
| Residual Average | 0.0 | |
| Price Variance | 24.83 |
Dhampur Bio Organics lagged returns against current returns
Autocorrelation, which is Dhampur Bio 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 Dhampur Bio's stock expected returns. We can calculate the autocorrelation of Dhampur Bio returns to help us make a trade decision. For example, suppose you find that Dhampur Bio 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 |
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Dhampur Bio 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 Dhampur Bio stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dhampur Bio stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dhampur Bio stock over time.
Current vs Lagged Prices |
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Dhampur Bio Lagged Returns
When evaluating Dhampur Bio's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dhampur Bio stock have on its future price. Dhampur Bio 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, Dhampur Bio autocorrelation shows the relationship between Dhampur Bio stock current value and its past values and can show if there is a momentum factor associated with investing in Dhampur Bio Organics.
Regressed Prices |
| Timeline |
Also Currently Popular
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.Additional Tools for Dhampur Stock Analysis
When running Dhampur Bio's price analysis, check to measure Dhampur Bio's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Dhampur Bio is operating at the current time. Most of Dhampur Bio's value examination focuses on studying past and present price action to predict the probability of Dhampur Bio's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dhampur Bio's price. Additionally, you may evaluate how the addition of Dhampur Bio to your portfolios can decrease your overall portfolio volatility.