Dih Holding Us, Stock Market Value
| DHAIW Stock | 0.05 0.01 24.50% |
| Symbol | DIH |
DIH Holding US, Price To Book Ratio
Is Medical Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of DIH Holding. If investors know DIH will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about DIH Holding listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of DIH Holding US, is measured differently than its book value, which is the value of DIH that is recorded on the company's balance sheet. Investors also form their own opinion of DIH Holding's value that differs from its market value or its book value, called intrinsic value, which is DIH Holding's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because DIH Holding's market value can be influenced by many factors that don't directly affect DIH Holding's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between DIH Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if DIH Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DIH Holding's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
DIH Holding '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 DIH Holding'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 DIH Holding.
| 11/03/2024 |
| 12/03/2024 |
If you would invest 0.00 in DIH Holding on November 3, 2024 and sell it all today you would earn a total of 0.00 from holding DIH Holding US, or generate 0.0% return on investment in DIH Holding over 30 days. DIH Holding is related to or competes with Mind Medicine, ASE Industrial, Chimerix, Abcellera Biologics, Advanced Micro, Tower Semiconductor, and Spyre Therapeutics. DIH Holding is entity of United States. It is traded as Stock on NASDAQ exchange. More
DIH Holding 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 DIH Holding'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 DIH Holding US, upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 17.07 | |||
| Information Ratio | 0.109 | |||
| Maximum Drawdown | 116.57 | |||
| Value At Risk | (25.00) | |||
| Potential Upside | 51.72 |
DIH Holding Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for DIH Holding's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as DIH Holding's standard deviation. In reality, there are many statistical measures that can use DIH Holding historical prices to predict the future DIH Holding's volatility.| Risk Adjusted Performance | 0.0969 | |||
| Jensen Alpha | 2.56 | |||
| Total Risk Alpha | (0.86) | |||
| Sortino Ratio | 0.1535 | |||
| Treynor Ratio | 1.84 |
DIH Holding US, Backtested Returns
DIH Holding is out of control given 3 months investment horizon. DIH Holding US, secures Sharpe Ratio (or Efficiency) of 0.14, which denotes the company had a 0.14% return per unit of return volatility over the last 3 months. We were able to collect and analyze data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 3.26% are justified by taking the suggested risk. Use DIH Holding downside deviation of 17.07, and Mean Deviation of 16.39 to evaluate company specific risk that cannot be diversified away. DIH Holding holds a performance score of 10 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 1.49, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, DIH Holding will likely underperform. Use DIH Holding total risk alpha and the relationship between the potential upside and day typical price , to analyze future returns on DIH Holding.
Auto-correlation | 0.27 |
Poor predictability
DIH Holding US, has poor predictability. Overlapping area represents the amount of predictability between DIH Holding time series from 3rd of November 2024 to 18th of November 2024 and 18th of November 2024 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 DIH Holding US, price movement. The serial correlation of 0.27 indicates that nearly 27.0% of current DIH Holding price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.27 | |
| Spearman Rank Test | -0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
DIH Holding US, lagged returns against current returns
Autocorrelation, which is DIH Holding 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 DIH Holding's stock expected returns. We can calculate the autocorrelation of DIH Holding returns to help us make a trade decision. For example, suppose you find that DIH Holding 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 |
DIH Holding 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 DIH Holding stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if DIH Holding stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in DIH Holding stock over time.
Current vs Lagged Prices |
| Timeline |
DIH Holding Lagged Returns
When evaluating DIH Holding's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of DIH Holding stock have on its future price. DIH Holding 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, DIH Holding autocorrelation shows the relationship between DIH Holding stock current value and its past values and can show if there is a momentum factor associated with investing in DIH Holding US,.
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.Additional Tools for DIH Stock Analysis
When running DIH Holding's price analysis, check to measure DIH Holding'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 DIH Holding is operating at the current time. Most of DIH Holding's value examination focuses on studying past and present price action to predict the probability of DIH Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DIH Holding's price. Additionally, you may evaluate how the addition of DIH Holding to your portfolios can decrease your overall portfolio volatility.