Dhcni Stock Market Value
| DHCNI Stock | USD 14.86 0.22 1.46% |
| Symbol | DHCNI |
DHCNI Price To Book Ratio
Is Oil & Gas Exploration & Production 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 DHCNI. If investors know DHCNI 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 DHCNI 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 DHCNI is measured differently than its book value, which is the value of DHCNI that is recorded on the company's balance sheet. Investors also form their own opinion of DHCNI's value that differs from its market value or its book value, called intrinsic value, which is DHCNI'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 DHCNI's market value can be influenced by many factors that don't directly affect DHCNI'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 DHCNI's value and its price as these two are different measures arrived at by different means. Investors typically determine if DHCNI is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DHCNI'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.
DHCNI '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 DHCNI'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 DHCNI.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in DHCNI on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding DHCNI or generate 0.0% return on investment in DHCNI over 30 days. DHCNI is related to or competes with Diversified Healthcare, Brighthouse Financial, Office Properties, QVCC, and QVC 6375. DHCNI is entity of United States. It is traded as Stock on NASDAQ exchange. More
DHCNI 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 DHCNI'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 DHCNI upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.59 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 9.84 | |||
| Value At Risk | (2.36) | |||
| Potential Upside | 2.7 |
DHCNI Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for DHCNI's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as DHCNI's standard deviation. In reality, there are many statistical measures that can use DHCNI historical prices to predict the future DHCNI's volatility.| Risk Adjusted Performance | 0.0417 | |||
| Jensen Alpha | 0.061 | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 1.08 |
DHCNI Backtested Returns
DHCNI is not too volatile at the moment. DHCNI retains Efficiency (Sharpe Ratio) of 0.058, which denotes the company had a 0.058% return per unit of risk over the last 3 months. We have found thirty technical indicators for DHCNI, which you can use to evaluate the volatility of the firm. Please confirm DHCNI's Market Risk Adjusted Performance of 1.09, downside deviation of 1.59, and Coefficient Of Variation of 2104.47 to check if the risk estimate we provide is consistent with the expected return of 0.0967%. DHCNI has a performance score of 4 on a scale of 0 to 100. The firm owns a Beta (Systematic Risk) of 0.0643, which means not very significant fluctuations relative to the market. As returns on the market increase, DHCNI's returns are expected to increase less than the market. However, during the bear market, the loss of holding DHCNI is expected to be smaller as well. DHCNI at this time owns a risk of 1.67%. Please confirm DHCNI potential upside, rate of daily change, and the relationship between the sortino ratio and skewness , to decide if DHCNI will be following its current price history.
Auto-correlation | -0.28 |
Weak reverse predictability
DHCNI has weak reverse predictability. Overlapping area represents the amount of predictability between DHCNI time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st 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 DHCNI price movement. The serial correlation of -0.28 indicates that nearly 28.0% of current DHCNI price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.28 | |
| Spearman Rank Test | 0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
DHCNI lagged returns against current returns
Autocorrelation, which is DHCNI 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 DHCNI's stock expected returns. We can calculate the autocorrelation of DHCNI returns to help us make a trade decision. For example, suppose you find that DHCNI 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 |
DHCNI 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 DHCNI stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if DHCNI stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in DHCNI stock over time.
Current vs Lagged Prices |
| Timeline |
DHCNI Lagged Returns
When evaluating DHCNI's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of DHCNI stock have on its future price. DHCNI 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, DHCNI autocorrelation shows the relationship between DHCNI stock current value and its past values and can show if there is a momentum factor associated with investing in DHCNI.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether DHCNI offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of DHCNI's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Dhcni Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Dhcni Stock:Check out DHCNI Correlation, DHCNI Volatility and DHCNI Alpha and Beta module to complement your research on DHCNI. For more detail on how to invest in DHCNI Stock please use our How to Invest in DHCNI guide.You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
DHCNI technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.