Dcc Plc Adr Stock Market Value
| DCCPY Stock | USD 22.55 0.00 0.00% |
| 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 pink sheet 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.
| 12/14/2022 |
| 12/03/2024 |
If you would invest 0.00 in DCC PLC on December 14, 2022 and sell it all today you would earn a total of 0.00 from holding DCC PLC ADR or generate 0.0% return on investment in DCC PLC over 720 days. DCC PLC is related to or competes with Ultrapar Participacoes, Sunoco LP, HF Sinclair, Delek Energy, PBF Energy, Delek Logistics, and Valero Energy. DCC plc provides sales, marketing, and support services worldwide 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 pink sheet 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 ADR upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.41) | |||
| Maximum Drawdown | 1.9 |
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 | 0.0713 | |||
| Jensen Alpha | 0.0139 | |||
| Total Risk Alpha | (0.02) | |||
| Treynor Ratio | 0.4424 |
DCC PLC ADR Backtested Returns
At this stage we consider DCC Pink Sheet to be very steady. DCC PLC ADR retains Efficiency (Sharpe Ratio) of 0.13, which denotes the company had a 0.13% return per unit of risk over the last 3 months. We have found sixteen technical indicators for DCC PLC, which you can use to evaluate the volatility of the entity. Please confirm DCC PLC's Market Risk Adjusted Performance of 0.4524, variance of 0.0546, and Standard Deviation of 0.2336 to check if the risk estimate we provide is consistent with the expected return of 0.0297%. DCC PLC has a performance score of 9 on a scale of 0 to 100. The firm owns a Beta (Systematic Risk) of 0.0424, which means not very significant fluctuations relative to the market. 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. DCC PLC ADR at this moment owns a risk of 0.24%. Please confirm DCC PLC ADR market risk adjusted performance, treynor ratio, as well as the relationship between the Treynor Ratio and day typical price , to decide if DCC PLC ADR will be following its current price history.
Auto-correlation | 0.05 |
Virtually no predictability
DCC PLC ADR has virtually no predictability. Overlapping area represents the amount of predictability between DCC PLC time series from 14th of December 2022 to 9th of December 2023 and 9th of December 2023 to 3rd of December 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 DCC PLC ADR price movement. The serial correlation of 0.05 indicates that only as little as 5.0% of current DCC PLC price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.05 | |
| Spearman Rank Test | 0.88 | |
| Residual Average | 0.0 | |
| Price Variance | 0.19 |
DCC PLC ADR lagged returns against current returns
Autocorrelation, which is DCC PLC pink sheet'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 pink sheet 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 pink sheet 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 pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if DCC PLC pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in DCC PLC pink sheet 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 pink sheet 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 pink sheet current value and its past values and can show if there is a momentum factor associated with investing in DCC PLC ADR.
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 DCC Pink Sheet Analysis
When running DCC PLC's price analysis, check to measure DCC PLC'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 DCC PLC is operating at the current time. Most of DCC PLC's value examination focuses on studying past and present price action to predict the probability of DCC PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DCC PLC's price. Additionally, you may evaluate how the addition of DCC PLC to your portfolios can decrease your overall portfolio volatility.