DTC Industries (Thailand) Market Value
| DTCI Stock | THB 29.50 1.50 4.84% |
| Symbol | DTC |
DTC Industries '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 DTC Industries' 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 DTC Industries.
| 12/07/2023 |
| 12/01/2024 |
If you would invest 0.00 in DTC Industries on December 7, 2023 and sell it all today you would earn a total of 0.00 from holding DTC Industries Public or generate 0.0% return on investment in DTC Industries over 360 days. DTC Industries is related to or competes with Warrix Sport, Bank of Ayudhya, Bhiraj Office, Digital Telecommunicatio, Turnkey Communication, Mena Transport, and 2S Metal. Industries Public Company Limited produces and distributes pens and related products in Thailand and internationally More
DTC Industries 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 DTC Industries' 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 DTC Industries Public upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.43 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 46.04 | |||
| Value At Risk | (8.22) | |||
| Potential Upside | 6.2 |
DTC Industries Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for DTC Industries' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as DTC Industries' standard deviation. In reality, there are many statistical measures that can use DTC Industries historical prices to predict the future DTC Industries' volatility.| Risk Adjusted Performance | 0.0103 | |||
| Jensen Alpha | 0.0633 | |||
| Total Risk Alpha | (0.90) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | (0) |
DTC Industries Public Backtested Returns
DTC Industries is out of control given 3 months investment horizon. DTC Industries Public retains Efficiency (Sharpe Ratio) 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 collect data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 13.84% are justified by taking the suggested risk. Use DTC Industries Public Market Risk Adjusted Performance of 0.0055, downside deviation of 7.43, and Coefficient Of Variation of 44536.33 to evaluate company specific risk that cannot be diversified away. DTC Industries holds a performance score of 8 on a scale of zero to a hundred. The firm owns a Beta (Systematic Risk) of -0.48, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning DTC Industries are expected to decrease at a much lower rate. During the bear market, DTC Industries is likely to outperform the market. Use DTC Industries Public mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation , to analyze future returns on DTC Industries Public.
Auto-correlation | 0.19 |
Very weak predictability
DTC Industries Public has very weak predictability. Overlapping area represents the amount of predictability between DTC Industries time series from 7th of December 2023 to 4th of June 2024 and 4th of June 2024 to 1st of December 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 DTC Industries Public price movement. The serial correlation of 0.19 indicates that over 19.0% of current DTC Industries price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.19 | |
| Spearman Rank Test | 0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 18.83 |
DTC Industries Public lagged returns against current returns
Autocorrelation, which is DTC Industries 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 DTC Industries' stock expected returns. We can calculate the autocorrelation of DTC Industries returns to help us make a trade decision. For example, suppose you find that DTC Industries 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 |
DTC Industries 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 DTC Industries stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if DTC Industries stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in DTC Industries stock over time.
Current vs Lagged Prices |
| Timeline |
DTC Industries Lagged Returns
When evaluating DTC Industries' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of DTC Industries stock have on its future price. DTC Industries 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, DTC Industries autocorrelation shows the relationship between DTC Industries stock current value and its past values and can show if there is a momentum factor associated with investing in DTC Industries Public.
Regressed Prices |
| Timeline |
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Try AI Portfolio ArchitectOther Information on Investing in DTC Stock
DTC Industries financial ratios help investors to determine whether DTC 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 DTC with respect to the benefits of owning DTC Industries security.