Distoken Acquisition Stock Market Value
| DIST Stock | 11.18 0.00 0.00% |
| Symbol | Distoken |
Distoken Acquisition Price To Book Ratio
Is Asset Management & Custody Banks 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 Distoken Acquisition. If investors know Distoken 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 Distoken Acquisition listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.89) | Earnings Share 0.11 | Return On Assets (0.02) | Return On Equity 0.7406 |
The market value of Distoken Acquisition is measured differently than its book value, which is the value of Distoken that is recorded on the company's balance sheet. Investors also form their own opinion of Distoken Acquisition's value that differs from its market value or its book value, called intrinsic value, which is Distoken Acquisition'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 Distoken Acquisition's market value can be influenced by many factors that don't directly affect Distoken Acquisition'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 Distoken Acquisition's value and its price as these two are different measures arrived at by different means. Investors typically determine if Distoken Acquisition is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Distoken Acquisition'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.
Distoken Acquisition '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 Distoken Acquisition'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 Distoken Acquisition.
| 05/26/2024 |
| 11/22/2024 |
If you would invest 0.00 in Distoken Acquisition on May 26, 2024 and sell it all today you would earn a total of 0.00 from holding Distoken Acquisition or generate 0.0% return on investment in Distoken Acquisition over 180 days. Distoken Acquisition is related to or competes with ABIVAX Socit, SCOR PK, HUMANA, Small Cap, Morningstar Unconstrained, Thrivent High, and SPACE. Distoken Acquisition is entity of United States More
Distoken Acquisition 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 Distoken Acquisition'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 Distoken Acquisition upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.4305 | |||
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 2.25 | |||
| Value At Risk | (0.18) | |||
| Potential Upside | 0.37 |
Distoken Acquisition Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Distoken Acquisition's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Distoken Acquisition's standard deviation. In reality, there are many statistical measures that can use Distoken Acquisition historical prices to predict the future Distoken Acquisition's volatility.| Risk Adjusted Performance | 0.1114 | |||
| Jensen Alpha | 0.0348 | |||
| Total Risk Alpha | 0.0063 | |||
| Sortino Ratio | (0.11) | |||
| Treynor Ratio | 0.6468 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Distoken Acquisition's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Distoken Acquisition Backtested Returns
Currently, Distoken Acquisition is very steady. Distoken Acquisition secures Sharpe Ratio (or Efficiency) of 0.18, which denotes the company had a 0.18% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Distoken Acquisition, which you can use to evaluate the volatility of the firm. Please confirm Distoken Acquisition's Mean Deviation of 0.1566, standard deviation of 0.2974, and Coefficient Of Variation of 594.33 to check if the risk estimate we provide is consistent with the expected return of 0.0559%. Distoken Acquisition has a performance score of 14 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.0619, which means not very significant fluctuations relative to the market. As returns on the market increase, Distoken Acquisition's returns are expected to increase less than the market. However, during the bear market, the loss of holding Distoken Acquisition is expected to be smaller as well. Distoken Acquisition right now shows a risk of 0.3%. Please confirm Distoken Acquisition total risk alpha, downside variance, as well as the relationship between the Downside Variance and rate of daily change , to decide if Distoken Acquisition will be following its price patterns.
Auto-correlation | 0.56 |
Modest predictability
Distoken Acquisition has modest predictability. Overlapping area represents the amount of predictability between Distoken Acquisition time series from 26th of May 2024 to 24th of August 2024 and 24th of August 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 Distoken Acquisition price movement. The serial correlation of 0.56 indicates that roughly 56.0% of current Distoken Acquisition price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.56 | |
| Spearman Rank Test | 0.82 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Distoken Acquisition lagged returns against current returns
Autocorrelation, which is Distoken Acquisition 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 Distoken Acquisition's stock expected returns. We can calculate the autocorrelation of Distoken Acquisition returns to help us make a trade decision. For example, suppose you find that Distoken Acquisition 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 |
Distoken Acquisition 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 Distoken Acquisition stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Distoken Acquisition stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Distoken Acquisition stock over time.
Current vs Lagged Prices |
| Timeline |
Distoken Acquisition Lagged Returns
When evaluating Distoken Acquisition's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Distoken Acquisition stock have on its future price. Distoken Acquisition 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, Distoken Acquisition autocorrelation shows the relationship between Distoken Acquisition stock current value and its past values and can show if there is a momentum factor associated with investing in Distoken Acquisition.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Distoken Stock Analysis
When running Distoken Acquisition's price analysis, check to measure Distoken Acquisition'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 Distoken Acquisition is operating at the current time. Most of Distoken Acquisition's value examination focuses on studying past and present price action to predict the probability of Distoken Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Distoken Acquisition's price. Additionally, you may evaluate how the addition of Distoken Acquisition to your portfolios can decrease your overall portfolio volatility.