DCB Bank (India) Market Value
| DCBBANK Stock | 123.04 3.10 2.58% |
| Symbol | DCB |
DCB Bank '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 DCB Bank'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 DCB Bank.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in DCB Bank on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding DCB Bank Limited or generate 0.0% return on investment in DCB Bank over 30 days. DCB Bank is related to or competes with Kaushalya Infrastructure, MMTC, Kingfa Science, Rico Auto, GACM Technologies, COSMO FIRST, and Delta Manufacturing. DCB Bank is entity of India. It is traded as Stock on NSE exchange. More
DCB Bank 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 DCB Bank'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 DCB Bank Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.34 | |||
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 9.77 | |||
| Value At Risk | (2.03) | |||
| Potential Upside | 2.24 |
DCB Bank Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for DCB Bank's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as DCB Bank's standard deviation. In reality, there are many statistical measures that can use DCB Bank historical prices to predict the future DCB Bank's volatility.| Risk Adjusted Performance | 0.01 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.23) | |||
| Sortino Ratio | (0.09) | |||
| Treynor Ratio | 1.0E-4 |
DCB Bank Limited Backtested Returns
As of now, DCB Stock is very steady. DCB Bank Limited retains Efficiency (Sharpe Ratio) of 0.0083, which denotes the company had a 0.0083% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for DCB Bank, which you can use to evaluate the volatility of the entity. Please confirm DCB Bank's Coefficient Of Variation of 14964.2, market risk adjusted performance of 0.0101, and Downside Deviation of 1.34 to check if the risk estimate we provide is consistent with the expected return of 0.0126%. The firm owns a Beta (Systematic Risk) of 0.15, which means not very significant fluctuations relative to the market. As returns on the market increase, DCB Bank's returns are expected to increase less than the market. However, during the bear market, the loss of holding DCB Bank is expected to be smaller as well. DCB Bank Limited at this moment owns a risk of 1.53%. Please confirm DCB Bank Limited mean deviation, standard deviation, treynor ratio, as well as the relationship between the downside deviation and total risk alpha , to decide if DCB Bank Limited will be following its current price history.
Auto-correlation | -0.28 |
Weak reverse predictability
DCB Bank Limited has weak reverse predictability. Overlapping area represents the amount of predictability between DCB Bank time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th 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 DCB Bank Limited price movement. The serial correlation of -0.28 indicates that nearly 28.0% of current DCB Bank price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.28 | |
| Spearman Rank Test | -0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 12.18 |
DCB Bank Limited lagged returns against current returns
Autocorrelation, which is DCB Bank 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 DCB Bank's stock expected returns. We can calculate the autocorrelation of DCB Bank returns to help us make a trade decision. For example, suppose you find that DCB Bank 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 |
DCB Bank 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 DCB Bank stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if DCB Bank stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in DCB Bank stock over time.
Current vs Lagged Prices |
| Timeline |
DCB Bank Lagged Returns
When evaluating DCB Bank's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of DCB Bank stock have on its future price. DCB Bank 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, DCB Bank autocorrelation shows the relationship between DCB Bank stock current value and its past values and can show if there is a momentum factor associated with investing in DCB Bank Limited.
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.Other Information on Investing in DCB Stock
DCB Bank financial ratios help investors to determine whether DCB 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 DCB with respect to the benefits of owning DCB Bank security.