Dear Cashmere Holding Stock Market Value
| DRCR Stock | USD 0.19 0.02 9.52% |
| Symbol | Dear |
Dear Cashmere '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 Dear Cashmere's pink sheet 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 Dear Cashmere.
| 12/03/2022 |
| 11/22/2024 |
If you would invest 0.00 in Dear Cashmere on December 3, 2022 and sell it all today you would earn a total of 0.00 from holding Dear Cashmere Holding or generate 0.0% return on investment in Dear Cashmere over 720 days. Dear Cashmere Holding Company designs, manufactures, and sells ready to wear luxury cashmere apparel More
Dear Cashmere 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 Dear Cashmere's pink sheet 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 Dear Cashmere Holding upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 15.21 | |||
| Information Ratio | 0.0712 | |||
| Maximum Drawdown | 85.0 | |||
| Value At Risk | (24.75) | |||
| Potential Upside | 27.11 |
Dear Cashmere Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dear Cashmere's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dear Cashmere's standard deviation. In reality, there are many statistical measures that can use Dear Cashmere historical prices to predict the future Dear Cashmere's volatility.| Risk Adjusted Performance | 0.0696 | |||
| Jensen Alpha | 0.8733 | |||
| Total Risk Alpha | (0.75) | |||
| Sortino Ratio | 0.0669 | |||
| Treynor Ratio | 0.4564 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Dear Cashmere's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Dear Cashmere Holding Backtested Returns
Dear Cashmere is out of control given 3 months investment horizon. Dear Cashmere Holding secures Sharpe Ratio (or Efficiency) of 0.0789, which denotes the company had a 0.0789% return per unit of standard deviation over the last 3 months. We were able to break down thirty different technical indicators, which can help you to evaluate if expected returns of 1.13% are justified by taking the suggested risk. Use Dear Cashmere Mean Deviation of 9.79, downside deviation of 15.21, and Semi Deviation of 11.63 to evaluate company specific risk that cannot be diversified away. Dear Cashmere holds a performance score of 6 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 2.45, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Dear Cashmere will likely underperform. Use Dear Cashmere coefficient of variation, semi variance, price action indicator, as well as the relationship between the treynor ratio and daily balance of power , to analyze future returns on Dear Cashmere.
Auto-correlation | -0.1 |
Very weak reverse predictability
Dear Cashmere Holding has very weak reverse predictability. Overlapping area represents the amount of predictability between Dear Cashmere time series from 3rd of December 2022 to 28th of November 2023 and 28th of November 2023 to 22nd 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 Dear Cashmere Holding price movement. The serial correlation of -0.1 indicates that less than 10.0% of current Dear Cashmere price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.1 | |
| Spearman Rank Test | -0.67 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Dear Cashmere Holding lagged returns against current returns
Autocorrelation, which is Dear Cashmere pink sheet'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 Dear Cashmere's pink sheet expected returns. We can calculate the autocorrelation of Dear Cashmere returns to help us make a trade decision. For example, suppose you find that Dear Cashmere has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Dear Cashmere 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 Dear Cashmere pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dear Cashmere pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dear Cashmere pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Dear Cashmere Lagged Returns
When evaluating Dear Cashmere's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dear Cashmere pink sheet have on its future price. Dear Cashmere 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, Dear Cashmere autocorrelation shows the relationship between Dear Cashmere pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Dear Cashmere Holding.
Regressed Prices |
| Timeline |
Pair Trading with Dear Cashmere
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Dear Cashmere position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Dear Cashmere will appreciate offsetting losses from the drop in the long position's value.Moving against Dear Pink Sheet
The ability to find closely correlated positions to Dear Cashmere could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dear Cashmere when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Dear Cashmere - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Dear Cashmere Holding to buy it.
The correlation of Dear Cashmere is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Dear Cashmere moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dear Cashmere Holding moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Dear Cashmere can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Dear Pink Sheet Analysis
When running Dear Cashmere's price analysis, check to measure Dear Cashmere'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 Dear Cashmere is operating at the current time. Most of Dear Cashmere's value examination focuses on studying past and present price action to predict the probability of Dear Cashmere's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dear Cashmere's price. Additionally, you may evaluate how the addition of Dear Cashmere to your portfolios can decrease your overall portfolio volatility.