DOHOME (Thailand) Market Value
| DOHOME-R | THB 9.80 0.05 0.51% |
| Symbol | DOHOME |
DOHOME '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 DOHOME'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 DOHOME.
| 05/04/2023 |
| 11/24/2024 |
If you would invest 0.00 in DOHOME on May 4, 2023 and sell it all today you would earn a total of 0.00 from holding DOHOME or generate 0.0% return on investment in DOHOME over 570 days. DOHOME is related to or competes with Bumrungrad Hospital, Thai Rubber, NSL Foods, Bhiraj Office, JD Food, and Internet Thailand. Dohome Public Company Limited retails and wholesales construction materials, office equipment, and household products More
DOHOME 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 DOHOME'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 DOHOME upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 10.83 | |||
| Value At Risk | (3.40) | |||
| Potential Upside | 4.52 |
DOHOME Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for DOHOME's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as DOHOME's standard deviation. In reality, there are many statistical measures that can use DOHOME historical prices to predict the future DOHOME's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.51) | |||
| Treynor Ratio | 5.16 |
DOHOME Backtested Returns
DOHOME secures Sharpe Ratio (or Efficiency) of -0.12, which denotes the company had a -0.12% return per unit of return volatility over the last 3 months. DOHOME exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm DOHOME's mean deviation of 1.65, and Standard Deviation of 2.3 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.0282, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning DOHOME are expected to decrease at a much lower rate. During the bear market, DOHOME is likely to outperform the market. At this point, DOHOME has a negative expected return of -0.25%. Please make sure to confirm DOHOME's maximum drawdown, as well as the relationship between the accumulation distribution and market facilitation index , to decide if DOHOME performance from the past will be repeated in the future.
Auto-correlation | 0.45 |
Average predictability
DOHOME has average predictability. Overlapping area represents the amount of predictability between DOHOME time series from 4th of May 2023 to 13th of February 2024 and 13th of February 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 DOHOME price movement. The serial correlation of 0.45 indicates that just about 45.0% of current DOHOME price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.45 | |
| Spearman Rank Test | 0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 0.53 |
DOHOME lagged returns against current returns
Autocorrelation, which is DOHOME 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 DOHOME's stock expected returns. We can calculate the autocorrelation of DOHOME returns to help us make a trade decision. For example, suppose you find that DOHOME 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 |
DOHOME 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 DOHOME stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if DOHOME stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in DOHOME stock over time.
Current vs Lagged Prices |
| Timeline |
DOHOME Lagged Returns
When evaluating DOHOME's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of DOHOME stock have on its future price. DOHOME 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, DOHOME autocorrelation shows the relationship between DOHOME stock current value and its past values and can show if there is a momentum factor associated with investing in DOHOME.
Regressed Prices |
| Timeline |
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DOHOME financial ratios help investors to determine whether DOHOME 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 DOHOME with respect to the benefits of owning DOHOME security.