Dinhvu Port (Vietnam) Market Value
| DVP Stock | 77,000 100.00 0.13% |
| Symbol | Dinhvu |
Dinhvu Port '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 Dinhvu Port'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 Dinhvu Port.
| 07/05/2023 |
| 11/26/2024 |
If you would invest 0.00 in Dinhvu Port on July 5, 2023 and sell it all today you would earn a total of 0.00 from holding Dinhvu Port Investment or generate 0.0% return on investment in Dinhvu Port over 510 days. Dinhvu Port is related to or competes with FIT INVEST, Damsan JSC, An Phat, APG Securities, Binhthuan Agriculture, Mekong Fisheries, and Bentre Aquaproduct. More
Dinhvu Port 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 Dinhvu Port'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 Dinhvu Port Investment upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9246 | |||
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 4.32 | |||
| Value At Risk | (1.15) | |||
| Potential Upside | 1.08 |
Dinhvu Port Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dinhvu Port's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dinhvu Port's standard deviation. In reality, there are many statistical measures that can use Dinhvu Port historical prices to predict the future Dinhvu Port's volatility.| Risk Adjusted Performance | 0.0387 | |||
| Jensen Alpha | 0.034 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | (0.1) | |||
| Treynor Ratio | (0.65) |
Dinhvu Port Investment Backtested Returns
As of now, Dinhvu Stock is very steady. Dinhvu Port Investment secures Sharpe Ratio (or Efficiency) of 0.061, which denotes the company had a 0.061% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Dinhvu Port Investment, which you can use to evaluate the volatility of the firm. Please confirm Dinhvu Port's Downside Deviation of 0.9246, mean deviation of 0.5248, and Coefficient Of Variation of 1974.4 to check if the risk estimate we provide is consistent with the expected return of 0.0468%. Dinhvu Port has a performance score of 4 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.0441, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Dinhvu Port are expected to decrease at a much lower rate. During the bear market, Dinhvu Port is likely to outperform the market. Dinhvu Port Investment right now shows a risk of 0.77%. Please confirm Dinhvu Port Investment sortino ratio, skewness, price action indicator, as well as the relationship between the potential upside and rate of daily change , to decide if Dinhvu Port Investment will be following its price patterns.
Auto-correlation | 0.51 |
Modest predictability
Dinhvu Port Investment has modest predictability. Overlapping area represents the amount of predictability between Dinhvu Port time series from 5th of July 2023 to 16th of March 2024 and 16th of March 2024 to 26th 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 Dinhvu Port Investment price movement. The serial correlation of 0.51 indicates that about 51.0% of current Dinhvu Port price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.51 | |
| Spearman Rank Test | 0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 7.4 M |
Dinhvu Port Investment lagged returns against current returns
Autocorrelation, which is Dinhvu Port 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 Dinhvu Port's stock expected returns. We can calculate the autocorrelation of Dinhvu Port returns to help us make a trade decision. For example, suppose you find that Dinhvu Port 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 |
Dinhvu Port 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 Dinhvu Port stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dinhvu Port stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dinhvu Port stock over time.
Current vs Lagged Prices |
| Timeline |
Dinhvu Port Lagged Returns
When evaluating Dinhvu Port's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dinhvu Port stock have on its future price. Dinhvu Port 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, Dinhvu Port autocorrelation shows the relationship between Dinhvu Port stock current value and its past values and can show if there is a momentum factor associated with investing in Dinhvu Port Investment.
Regressed Prices |
| Timeline |
Pair Trading with Dinhvu Port
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 Dinhvu Port 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 Dinhvu Port will appreciate offsetting losses from the drop in the long position's value.Moving against Dinhvu Stock
| 0.82 | AAA | An Phat Plastic | PairCorr |
| 0.79 | ADS | Damsan JSC | PairCorr |
| 0.77 | ABS | Binhthuan Agriculture | PairCorr |
| 0.73 | AME | Alphanam ME | PairCorr |
| 0.61 | AAM | Mekong Fisheries JSC | PairCorr |
The ability to find closely correlated positions to Dinhvu Port could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dinhvu Port 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 Dinhvu Port - 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 Dinhvu Port Investment to buy it.
The correlation of Dinhvu Port 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 Dinhvu Port moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dinhvu Port Investment 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 Dinhvu Port 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.Other Information on Investing in Dinhvu Stock
Dinhvu Port financial ratios help investors to determine whether Dinhvu 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 Dinhvu with respect to the benefits of owning Dinhvu Port security.