DCC Plc (UK) Market Value
| DCC Stock | 5,600 70.00 1.27% |
| Symbol | DCC |
DCC Plc '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 DCC Plc'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 DCC Plc.
| 08/05/2024 |
| 02/01/2025 |
If you would invest 0.00 in DCC Plc on August 5, 2024 and sell it all today you would earn a total of 0.00 from holding DCC plc or generate 0.0% return on investment in DCC Plc over 180 days. DCC Plc is related to or competes with Gaming Realms, GreenX Metals, Air Products, Cornish Metals, Evolution Gaming, Various Eateries, and First. DCC Plc is entity of United Kingdom. It is traded as Stock on LSE exchange. More
DCC Plc 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 DCC Plc'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 DCC plc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.26 | |||
| Information Ratio | 0.0248 | |||
| Maximum Drawdown | 17.97 | |||
| Value At Risk | (1.80) | |||
| Potential Upside | 2.55 |
DCC Plc Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for DCC Plc's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as DCC Plc's standard deviation. In reality, there are many statistical measures that can use DCC Plc historical prices to predict the future DCC Plc's volatility.| Risk Adjusted Performance | 0.0654 | |||
| Jensen Alpha | 0.1145 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | 0.0427 | |||
| Treynor Ratio | 0.4449 |
DCC plc Backtested Returns
DCC Plc appears to be very steady, given 3 months investment horizon. DCC plc retains Efficiency (Sharpe Ratio) of 0.12, which denotes the company had a 0.12 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for DCC Plc, which you can use to evaluate the volatility of the entity. Please utilize DCC Plc's Market Risk Adjusted Performance of 0.4549, coefficient of variation of 1408.36, and Downside Deviation of 1.26 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, DCC Plc holds a performance score of 9. The firm owns a Beta (Systematic Risk) of 0.32, which means possible diversification benefits within a given portfolio. As returns on the market increase, DCC Plc's returns are expected to increase less than the market. However, during the bear market, the loss of holding DCC Plc is expected to be smaller as well. Please check DCC Plc's jensen alpha, maximum drawdown, and the relationship between the coefficient of variation and sortino ratio , to make a quick decision on whether DCC Plc's current price history will revert.
Auto-correlation | 0.46 |
Average predictability
DCC plc has average predictability. Overlapping area represents the amount of predictability between DCC Plc time series from 5th of August 2024 to 3rd of November 2024 and 3rd of November 2024 to 1st of February 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 DCC plc price movement. The serial correlation of 0.46 indicates that about 46.0% of current DCC Plc price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.46 | |
| Spearman Rank Test | 0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 61 K |
DCC plc lagged returns against current returns
Autocorrelation, which is DCC Plc 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 DCC Plc's stock expected returns. We can calculate the autocorrelation of DCC Plc returns to help us make a trade decision. For example, suppose you find that DCC Plc 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 |
DCC Plc 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 DCC Plc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if DCC Plc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in DCC Plc stock over time.
Current vs Lagged Prices |
| Timeline |
DCC Plc Lagged Returns
When evaluating DCC Plc's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of DCC Plc stock have on its future price. DCC Plc 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, DCC Plc autocorrelation shows the relationship between DCC Plc stock current value and its past values and can show if there is a momentum factor associated with investing in DCC plc.
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 DCC Stock
DCC Plc financial ratios help investors to determine whether DCC 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 DCC with respect to the benefits of owning DCC Plc security.