DPSC (India) Market Value
| DPSCLTD Stock | 16.69 0.24 1.42% |
| Symbol | DPSC |
DPSC '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 DPSC'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 DPSC.
| 06/04/2023 |
| 11/25/2024 |
If you would invest 0.00 in DPSC on June 4, 2023 and sell it all today you would earn a total of 0.00 from holding DPSC Limited or generate 0.0% return on investment in DPSC over 540 days. DPSC is related to or competes with Reliance Industries, Life Insurance, Indian Oil, and Oil Natural. DPSC is entity of India. It is traded as Stock on NSE exchange. More
DPSC 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 DPSC'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 DPSC Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 13.87 | |||
| Value At Risk | (3.75) | |||
| Potential Upside | 3.25 |
DPSC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for DPSC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as DPSC's standard deviation. In reality, there are many statistical measures that can use DPSC historical prices to predict the future DPSC's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.35) | |||
| Total Risk Alpha | (0.67) | |||
| Treynor Ratio | (0.66) |
DPSC Limited Backtested Returns
DPSC Limited secures Sharpe Ratio (or Efficiency) of -0.0974, which denotes the company had a -0.0974% return per unit of volatility over the last 3 months. DPSC Limited exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm DPSC's Mean Deviation of 1.69, market risk adjusted performance of (0.65), and Standard Deviation of 2.35 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.45, which means possible diversification benefits within a given portfolio. As returns on the market increase, DPSC's returns are expected to increase less than the market. However, during the bear market, the loss of holding DPSC is expected to be smaller as well. At this point, DPSC Limited has a negative expected return of -0.23%. Please make sure to confirm DPSC's skewness, as well as the relationship between the rate of daily change and price action indicator , to decide if DPSC Limited performance from the past will be repeated at future time.
Auto-correlation | 0.23 |
Weak predictability
DPSC Limited has weak predictability. Overlapping area represents the amount of predictability between DPSC time series from 4th of June 2023 to 29th of February 2024 and 29th of February 2024 to 25th 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 DPSC Limited price movement. The serial correlation of 0.23 indicates that over 23.0% of current DPSC price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.23 | |
| Spearman Rank Test | 0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 2.38 |
DPSC Limited lagged returns against current returns
Autocorrelation, which is DPSC 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 DPSC's stock expected returns. We can calculate the autocorrelation of DPSC returns to help us make a trade decision. For example, suppose you find that DPSC 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 |
DPSC 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 DPSC stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if DPSC stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in DPSC stock over time.
Current vs Lagged Prices |
| Timeline |
DPSC Lagged Returns
When evaluating DPSC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of DPSC stock have on its future price. DPSC 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, DPSC autocorrelation shows the relationship between DPSC stock current value and its past values and can show if there is a momentum factor associated with investing in DPSC Limited.
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.Other Information on Investing in DPSC Stock
DPSC financial ratios help investors to determine whether DPSC 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 DPSC with respect to the benefits of owning DPSC security.