Dodla Dairy (India) Market Value
| DODLA Stock | 1,220 34.30 2.89% |
| Symbol | Dodla |
Dodla Dairy '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 Dodla Dairy'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 Dodla Dairy.
| 10/25/2024 |
| 11/24/2024 |
If you would invest 0.00 in Dodla Dairy on October 25, 2024 and sell it all today you would earn a total of 0.00 from holding Dodla Dairy Limited or generate 0.0% return on investment in Dodla Dairy over 30 days. Dodla Dairy is related to or competes with MRF, Orissa Minerals, Honeywell Automation, Page Industries, 3M India, Bosch, and Abbott India. Dodla Dairy is entity of India. It is traded as Stock on NSE exchange. More
Dodla Dairy 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 Dodla Dairy'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 Dodla Dairy Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.94 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 14.67 | |||
| Value At Risk | (3.70) | |||
| Potential Upside | 4.67 |
Dodla Dairy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dodla Dairy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dodla Dairy's standard deviation. In reality, there are many statistical measures that can use Dodla Dairy historical prices to predict the future Dodla Dairy's volatility.| Risk Adjusted Performance | 0.0131 | |||
| Jensen Alpha | 0.0253 | |||
| Total Risk Alpha | (0.37) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | (0.08) |
Dodla Dairy Limited Backtested Returns
As of now, Dodla Stock is very steady. Dodla Dairy Limited secures Sharpe Ratio (or Efficiency) of 0.0217, which denotes the company had a 0.0217% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for Dodla Dairy Limited, which you can use to evaluate the volatility of the firm. Please confirm Dodla Dairy's Downside Deviation of 1.94, mean deviation of 1.51, and Semi Deviation of 1.88 to check if the risk estimate we provide is consistent with the expected return of 0.0527%. Dodla Dairy has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.13, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Dodla Dairy are expected to decrease at a much lower rate. During the bear market, Dodla Dairy is likely to outperform the market. Dodla Dairy Limited right now shows a risk of 2.43%. Please confirm Dodla Dairy Limited treynor ratio, expected short fall, and the relationship between the jensen alpha and potential upside , to decide if Dodla Dairy Limited will be following its price patterns.
Auto-correlation | -0.35 |
Poor reverse predictability
Dodla Dairy Limited has poor reverse predictability. Overlapping area represents the amount of predictability between Dodla Dairy time series from 25th of October 2024 to 9th of November 2024 and 9th of November 2024 to 24th 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 Dodla Dairy Limited price movement. The serial correlation of -0.35 indicates that nearly 35.0% of current Dodla Dairy price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.35 | |
| Spearman Rank Test | -0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 437.95 |
Dodla Dairy Limited lagged returns against current returns
Autocorrelation, which is Dodla Dairy 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 Dodla Dairy's stock expected returns. We can calculate the autocorrelation of Dodla Dairy returns to help us make a trade decision. For example, suppose you find that Dodla Dairy 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 |
Dodla Dairy 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 Dodla Dairy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dodla Dairy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dodla Dairy stock over time.
Current vs Lagged Prices |
| Timeline |
Dodla Dairy Lagged Returns
When evaluating Dodla Dairy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dodla Dairy stock have on its future price. Dodla Dairy 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, Dodla Dairy autocorrelation shows the relationship between Dodla Dairy stock current value and its past values and can show if there is a momentum factor associated with investing in Dodla Dairy Limited.
Regressed Prices |
| Timeline |
Also Currently Popular
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.Other Information on Investing in Dodla Stock
Dodla Dairy financial ratios help investors to determine whether Dodla 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 Dodla with respect to the benefits of owning Dodla Dairy security.