Dycasa SA (Argentina) Market Value
| DYCA Stock | ARS 993.00 24.00 2.48% |
| Symbol | Dycasa |
Dycasa SA '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 Dycasa SA'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 Dycasa SA.
| 12/05/2022 |
| 11/24/2024 |
If you would invest 0.00 in Dycasa SA on December 5, 2022 and sell it all today you would earn a total of 0.00 from holding Dycasa SA or generate 0.0% return on investment in Dycasa SA over 720 days. Dycasa SA is related to or competes with Polledo SA, Pampa Energia, American Express, United States, Pfizer, and Distribuidora. DYCASA Sociedad Annima engages in public and private sector construction activities in Argentina and internationally More
Dycasa SA 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 Dycasa SA'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 Dycasa SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.41 | |||
| Information Ratio | 0.225 | |||
| Maximum Drawdown | 36.28 | |||
| Value At Risk | (4.93) | |||
| Potential Upside | 12.75 |
Dycasa SA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dycasa SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dycasa SA's standard deviation. In reality, there are many statistical measures that can use Dycasa SA historical prices to predict the future Dycasa SA's volatility.| Risk Adjusted Performance | 0.1971 | |||
| Jensen Alpha | 1.73 | |||
| Total Risk Alpha | 0.5522 | |||
| Sortino Ratio | 0.4216 | |||
| Treynor Ratio | (1.10) |
Dycasa SA Backtested Returns
Dycasa SA is very steady given 3 months investment horizon. Dycasa SA secures Sharpe Ratio (or Efficiency) of 0.24, which denotes the company had a 0.24% return per unit of standard 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 1.57% are justified by taking the suggested risk. Use Dycasa SA Mean Deviation of 4.44, semi deviation of 2.71, and Downside Deviation of 3.41 to evaluate company specific risk that cannot be diversified away. Dycasa SA holds a performance score of 19 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -1.41, which means a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Dycasa SA are expected to decrease by larger amounts. On the other hand, during market turmoil, Dycasa SA is expected to outperform it. Use Dycasa SA mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation , to analyze future returns on Dycasa SA.
Auto-correlation | 0.44 |
Average predictability
Dycasa SA has average predictability. Overlapping area represents the amount of predictability between Dycasa SA time series from 5th of December 2022 to 30th of November 2023 and 30th of November 2023 to 24th 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 Dycasa SA price movement. The serial correlation of 0.44 indicates that just about 44.0% of current Dycasa SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.44 | |
| Spearman Rank Test | 0.32 | |
| Residual Average | 0.0 | |
| Price Variance | 21.7 K |
Dycasa SA lagged returns against current returns
Autocorrelation, which is Dycasa SA 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 Dycasa SA's stock expected returns. We can calculate the autocorrelation of Dycasa SA returns to help us make a trade decision. For example, suppose you find that Dycasa SA 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 |
Dycasa SA 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 Dycasa SA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dycasa SA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dycasa SA stock over time.
Current vs Lagged Prices |
| Timeline |
Dycasa SA Lagged Returns
When evaluating Dycasa SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dycasa SA stock have on its future price. Dycasa SA 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, Dycasa SA autocorrelation shows the relationship between Dycasa SA stock current value and its past values and can show if there is a momentum factor associated with investing in Dycasa SA.
Regressed Prices |
| Timeline |
Also Currently Popular
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 Dycasa Stock
Dycasa SA financial ratios help investors to determine whether Dycasa 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 Dycasa with respect to the benefits of owning Dycasa SA security.