DV8 Public (Thailand) Market Value
| DV8 Stock | THB 0.53 0.02 3.64% |
| Symbol | DV8 |
DV8 Public '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 DV8 Public'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 DV8 Public.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in DV8 Public on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding DV8 Public or generate 0.0% return on investment in DV8 Public over 540 days. DV8 Public is related to or competes with E For, ARIP Public, Getabec Public, Home Pottery, and Eastern Technical. DV8 Public Company Limited, together with its subsidiaries, engages in the production andor joint production of televisi... More
DV8 Public 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 DV8 Public'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 DV8 Public upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.56 | |||
| Information Ratio | 0.0779 | |||
| Maximum Drawdown | 50.91 | |||
| Value At Risk | (7.14) | |||
| Potential Upside | 16.28 |
DV8 Public Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for DV8 Public's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as DV8 Public's standard deviation. In reality, there are many statistical measures that can use DV8 Public historical prices to predict the future DV8 Public's volatility.| Risk Adjusted Performance | 0.0811 | |||
| Jensen Alpha | 0.8015 | |||
| Total Risk Alpha | (0.45) | |||
| Sortino Ratio | 0.0921 | |||
| Treynor Ratio | (1.01) |
DV8 Public Backtested Returns
DV8 Public is out of control given 3 months investment horizon. DV8 Public retains Efficiency (Sharpe Ratio) of 0.12, which denotes the company had a 0.12% return per unit of price deviation over the last 3 months. We were able to analyze twenty-nine different technical indicators, which can help you to evaluate if expected returns of 15.07% are justified by taking the suggested risk. Use DV8 Public Market Risk Adjusted Performance of (1.00), downside deviation of 6.56, and Standard Deviation of 7.75 to evaluate company specific risk that cannot be diversified away. DV8 Public holds a performance score of 9 on a scale of zero to a hundred. The firm owns a Beta (Systematic Risk) of -0.71, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning DV8 Public are expected to decrease at a much lower rate. During the bear market, DV8 Public is likely to outperform the market. Use DV8 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 DV8 Public.
Auto-correlation | -0.31 |
Poor reverse predictability
DV8 Public has poor reverse predictability. Overlapping area represents the amount of predictability between DV8 Public time series from 8th of June 2023 to 4th of March 2024 and 4th of March 2024 to 29th 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 DV8 Public price movement. The serial correlation of -0.31 indicates that nearly 31.0% of current DV8 Public price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.31 | |
| Spearman Rank Test | -0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
DV8 Public lagged returns against current returns
Autocorrelation, which is DV8 Public 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 DV8 Public's stock expected returns. We can calculate the autocorrelation of DV8 Public returns to help us make a trade decision. For example, suppose you find that DV8 Public 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 |
DV8 Public 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 DV8 Public stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if DV8 Public stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in DV8 Public stock over time.
Current vs Lagged Prices |
| Timeline |
DV8 Public Lagged Returns
When evaluating DV8 Public's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of DV8 Public stock have on its future price. DV8 Public 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, DV8 Public autocorrelation shows the relationship between DV8 Public stock current value and its past values and can show if there is a momentum factor associated with investing in DV8 Public.
Regressed Prices |
| Timeline |
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DV8 Public financial ratios help investors to determine whether DV8 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 DV8 with respect to the benefits of owning DV8 Public security.