Digital Telecommunicatio (Thailand) Market Value
| DIF Stock | THB 8.85 0.05 0.56% |
| Symbol | Digital |
Digital Telecommunicatio '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 Digital Telecommunicatio'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 Digital Telecommunicatio.
| 11/28/2023 |
| 11/22/2024 |
If you would invest 0.00 in Digital Telecommunicatio on November 28, 2023 and sell it all today you would earn a total of 0.00 from holding Digital Telecommunications Infrastructure or generate 0.0% return on investment in Digital Telecommunicatio over 360 days. Digital Telecommunicatio is related to or competes with Intouch Holdings, Advanced Info, TISCO Financial, and Land. Digital Telecommunications Infrastructure Fund specializes in infrastructure investments in the digital telecommunicatio... More
Digital Telecommunicatio 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 Digital Telecommunicatio'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 Digital Telecommunications Infrastructure upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.32 | |||
| Information Ratio | 0.074 | |||
| Maximum Drawdown | 9.5 | |||
| Value At Risk | (2.05) | |||
| Potential Upside | 2.61 |
Digital Telecommunicatio Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Digital Telecommunicatio's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Digital Telecommunicatio's standard deviation. In reality, there are many statistical measures that can use Digital Telecommunicatio historical prices to predict the future Digital Telecommunicatio's volatility.| Risk Adjusted Performance | 0.1172 | |||
| Jensen Alpha | 0.2081 | |||
| Total Risk Alpha | 0.0152 | |||
| Sortino Ratio | 0.0835 | |||
| Treynor Ratio | 10.99 |
Digital Telecommunicatio Backtested Returns
Digital Telecommunicatio appears to be not too volatile, given 3 months investment horizon. Digital Telecommunicatio secures Sharpe Ratio (or Efficiency) of 0.17, which denotes the company had a 0.17% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Digital Telecommunications Infrastructure, which you can use to evaluate the volatility of the firm. Please utilize Digital Telecommunicatio's Coefficient Of Variation of 679.03, downside deviation of 1.32, and Mean Deviation of 0.9921 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Digital Telecommunicatio holds a performance score of 13. The firm shows a Beta (market volatility) of 0.0191, which means not very significant fluctuations relative to the market. As returns on the market increase, Digital Telecommunicatio's returns are expected to increase less than the market. However, during the bear market, the loss of holding Digital Telecommunicatio is expected to be smaller as well. Please check Digital Telecommunicatio's coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to make a quick decision on whether Digital Telecommunicatio's price patterns will revert.
Auto-correlation | -0.04 |
Very weak reverse predictability
Digital Telecommunications Infrastructure has very weak reverse predictability. Overlapping area represents the amount of predictability between Digital Telecommunicatio time series from 28th of November 2023 to 26th of May 2024 and 26th of May 2024 to 22nd 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 Digital Telecommunicatio price movement. The serial correlation of -0.04 indicates that only as little as 4.0% of current Digital Telecommunicatio price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.04 | |
| Spearman Rank Test | -0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 0.65 |
Digital Telecommunicatio lagged returns against current returns
Autocorrelation, which is Digital Telecommunicatio 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 Digital Telecommunicatio's stock expected returns. We can calculate the autocorrelation of Digital Telecommunicatio returns to help us make a trade decision. For example, suppose you find that Digital Telecommunicatio 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 |
Digital Telecommunicatio 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 Digital Telecommunicatio stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Digital Telecommunicatio stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Digital Telecommunicatio stock over time.
Current vs Lagged Prices |
| Timeline |
Digital Telecommunicatio Lagged Returns
When evaluating Digital Telecommunicatio's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Digital Telecommunicatio stock have on its future price. Digital Telecommunicatio 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, Digital Telecommunicatio autocorrelation shows the relationship between Digital Telecommunicatio stock current value and its past values and can show if there is a momentum factor associated with investing in Digital Telecommunications Infrastructure.
Regressed Prices |
| Timeline |
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Digital Telecommunicatio financial ratios help investors to determine whether Digital 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 Digital with respect to the benefits of owning Digital Telecommunicatio security.