Din Capital (Vietnam) Market Value
| PDB Stock | 9,700 100.00 1.02% |
| Symbol | Din |
Din Capital '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 Din Capital'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 Din Capital.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Din Capital on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Din Capital Investment or generate 0.0% return on investment in Din Capital over 30 days. Din Capital is related to or competes with FIT INVEST, Damsan JSC, An Phat, APG Securities, Binhthuan Agriculture, Mekong Fisheries, and Bentre Aquaproduct. More
Din Capital 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 Din Capital'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 Din Capital Investment upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 10.98 | |||
| Value At Risk | (3.16) | |||
| Potential Upside | 3.26 |
Din Capital Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Din Capital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Din Capital's standard deviation. In reality, there are many statistical measures that can use Din Capital historical prices to predict the future Din Capital's volatility.| Risk Adjusted Performance | 0.0027 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.35) | |||
| Treynor Ratio | (0.13) |
Din Capital Investment Backtested Returns
As of now, Din Stock is very steady. Din Capital Investment secures Sharpe Ratio (or Efficiency) of 0.0508, which denotes the company had a 0.0508% return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Din Capital Investment, which you can use to evaluate the volatility of the firm. Please confirm Din Capital's Mean Deviation of 1.42, standard deviation of 2.07, and Variance of 4.27 to check if the risk estimate we provide is consistent with the expected return of 0.0954%. Din Capital has a performance score of 4 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.15, which means not very significant fluctuations relative to the market. As returns on the market increase, Din Capital's returns are expected to increase less than the market. However, during the bear market, the loss of holding Din Capital is expected to be smaller as well. Din Capital Investment right now shows a risk of 1.88%. Please confirm Din Capital Investment potential upside, as well as the relationship between the rate of daily change and period momentum indicator , to decide if Din Capital Investment will be following its price patterns.
Auto-correlation | 0.13 |
Insignificant predictability
Din Capital Investment has insignificant predictability. Overlapping area represents the amount of predictability between Din Capital time series from 27th of October 2024 to 11th of November 2024 and 11th of November 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 Din Capital Investment price movement. The serial correlation of 0.13 indicates that less than 13.0% of current Din Capital price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.13 | |
| Spearman Rank Test | 0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 59.7 K |
Din Capital Investment lagged returns against current returns
Autocorrelation, which is Din Capital 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 Din Capital's stock expected returns. We can calculate the autocorrelation of Din Capital returns to help us make a trade decision. For example, suppose you find that Din Capital 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 |
Din Capital 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 Din Capital stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Din Capital stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Din Capital stock over time.
Current vs Lagged Prices |
| Timeline |
Din Capital Lagged Returns
When evaluating Din Capital's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Din Capital stock have on its future price. Din Capital 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, Din Capital autocorrelation shows the relationship between Din Capital stock current value and its past values and can show if there is a momentum factor associated with investing in Din Capital Investment.
Regressed Prices |
| Timeline |
Pair Trading with Din Capital
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 Din Capital 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 Din Capital will appreciate offsetting losses from the drop in the long position's value.Moving against Din Stock
The ability to find closely correlated positions to Din Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Din Capital 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 Din Capital - 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 Din Capital Investment to buy it.
The correlation of Din Capital 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 Din Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Din Capital 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 Din Capital 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 Din Stock
Din Capital financial ratios help investors to determine whether Din 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 Din with respect to the benefits of owning Din Capital security.