DOD Biotech (Thailand) Market Value
| DOD Stock | 2.10 0.12 5.41% |
| Symbol | DOD |
DOD Biotech '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 DOD Biotech'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 DOD Biotech.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in DOD Biotech on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding DOD Biotech Public or generate 0.0% return on investment in DOD Biotech over 30 days. DOD Biotech is related to or competes with Carabao Group, Jay Mart, Gulf Energy, KCE Electronics, and Mega Lifesciences. More
DOD Biotech 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 DOD Biotech'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 DOD Biotech Public upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.77 | |||
| Information Ratio | 0.0354 | |||
| Maximum Drawdown | 24.63 | |||
| Value At Risk | (4.38) | |||
| Potential Upside | 12.41 |
DOD Biotech Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for DOD Biotech's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as DOD Biotech's standard deviation. In reality, there are many statistical measures that can use DOD Biotech historical prices to predict the future DOD Biotech's volatility.| Risk Adjusted Performance | 0.0573 | |||
| Jensen Alpha | 0.1386 | |||
| Total Risk Alpha | (0.39) | |||
| Sortino Ratio | 0.0559 | |||
| Treynor Ratio | 0.2368 |
DOD Biotech Public Backtested Returns
DOD Biotech is out of control given 3 months investment horizon. DOD Biotech Public secures Sharpe Ratio (or Efficiency) of 0.11, which denotes the company had a 0.11% return per unit of risk over the last 3 months. We were able to break down twenty-nine different technical indicators, which can help you to evaluate if expected returns of 14.69% are justified by taking the suggested risk. Use DOD Biotech Coefficient Of Variation of 1561.94, mean deviation of 2.59, and Downside Deviation of 2.77 to evaluate company specific risk that cannot be diversified away. DOD Biotech holds a performance score of 9 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 1.14, which means a somewhat significant risk relative to the market. DOD Biotech returns are very sensitive to returns on the market. As the market goes up or down, DOD Biotech is expected to follow. Use DOD Biotech mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation , to analyze future returns on DOD Biotech.
Auto-correlation | 0.73 |
Good predictability
DOD Biotech Public has good predictability. Overlapping area represents the amount of predictability between DOD Biotech time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th 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 DOD Biotech Public price movement. The serial correlation of 0.73 indicates that around 73.0% of current DOD Biotech price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.73 | |
| Spearman Rank Test | 0.59 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
DOD Biotech Public lagged returns against current returns
Autocorrelation, which is DOD Biotech 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 DOD Biotech's stock expected returns. We can calculate the autocorrelation of DOD Biotech returns to help us make a trade decision. For example, suppose you find that DOD Biotech 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 |
DOD Biotech 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 DOD Biotech stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if DOD Biotech stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in DOD Biotech stock over time.
Current vs Lagged Prices |
| Timeline |
DOD Biotech Lagged Returns
When evaluating DOD Biotech's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of DOD Biotech stock have on its future price. DOD Biotech 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, DOD Biotech autocorrelation shows the relationship between DOD Biotech stock current value and its past values and can show if there is a momentum factor associated with investing in DOD Biotech Public.
Regressed Prices |
| Timeline |
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DOD Biotech financial ratios help investors to determine whether DOD 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 DOD with respect to the benefits of owning DOD Biotech security.