Dito CME (Philippines) Market Value
| DITO Stock | 1.25 0.10 7.41% |
| Symbol | Dito |
Dito CME '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 Dito CME'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 Dito CME.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Dito CME on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Dito CME Holdings or generate 0.0% return on investment in Dito CME over 30 days. Dito CME is related to or competes with Atlas Consolidated, Converge Information, BDO Unibank, Robinsons Retail, Alliance Select, Philippine Business, and Crown Asia. More
Dito CME 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 Dito CME'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 Dito CME Holdings upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.21) | |||
| Maximum Drawdown | 21.21 | |||
| Value At Risk | (7.34) | |||
| Potential Upside | 4.81 |
Dito CME Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dito CME's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dito CME's standard deviation. In reality, there are many statistical measures that can use Dito CME historical prices to predict the future Dito CME's volatility.| Risk Adjusted Performance | (0.13) | |||
| Jensen Alpha | (0.73) | |||
| Total Risk Alpha | (1.18) | |||
| Treynor Ratio | (0.75) |
Dito CME Holdings Backtested Returns
Dito CME Holdings 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. Dito CME Holdings exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dito CME's Standard Deviation of 3.53, mean deviation of 2.31, and Variance of 12.43 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.84, which means possible diversification benefits within a given portfolio. As returns on the market increase, Dito CME's returns are expected to increase less than the market. However, during the bear market, the loss of holding Dito CME is expected to be smaller as well. At this point, Dito CME Holdings has a negative expected return of -0.64%. Please make sure to confirm Dito CME's potential upside, kurtosis, and the relationship between the value at risk and skewness , to decide if Dito CME Holdings performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.84 |
Excellent reverse predictability
Dito CME Holdings has excellent reverse predictability. Overlapping area represents the amount of predictability between Dito CME time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th 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 Dito CME Holdings price movement. The serial correlation of -0.84 indicates that around 84.0% of current Dito CME price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.84 | |
| Spearman Rank Test | -0.68 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
Dito CME Holdings lagged returns against current returns
Autocorrelation, which is Dito CME 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 Dito CME's stock expected returns. We can calculate the autocorrelation of Dito CME returns to help us make a trade decision. For example, suppose you find that Dito CME 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 |
Dito CME 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 Dito CME stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dito CME stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dito CME stock over time.
Current vs Lagged Prices |
| Timeline |
Dito CME Lagged Returns
When evaluating Dito CME's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dito CME stock have on its future price. Dito CME 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, Dito CME autocorrelation shows the relationship between Dito CME stock current value and its past values and can show if there is a momentum factor associated with investing in Dito CME Holdings.
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 Dito Stock Analysis
When running Dito CME's price analysis, check to measure Dito CME'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 Dito CME is operating at the current time. Most of Dito CME's value examination focuses on studying past and present price action to predict the probability of Dito CME's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dito CME's price. Additionally, you may evaluate how the addition of Dito CME to your portfolios can decrease your overall portfolio volatility.