Phat Dat (Vietnam) Market Value
| PDR Stock | 20,950 200.00 0.96% |
| Symbol | Phat |
Please note, there is a significant difference between Phat Dat's value and its price as these two are different measures arrived at by different means. Investors typically determine if Phat Dat is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Phat Dat's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Phat Dat '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 Phat Dat'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 Phat Dat.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Phat Dat on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Phat Dat Real or generate 0.0% return on investment in Phat Dat over 30 days. Phat Dat is related to or competes with TDG Global, TDT Investment, PV2 Investment, HUD1 Investment, Tien Giang, and Danang Education. More
Phat Dat 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 Phat Dat'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 Phat Dat Real upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.12 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 10.64 | |||
| Value At Risk | (2.84) | |||
| Potential Upside | 3.94 |
Phat Dat Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Phat Dat's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Phat Dat's standard deviation. In reality, there are many statistical measures that can use Phat Dat historical prices to predict the future Phat Dat's volatility.| Risk Adjusted Performance | 0.0081 | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.35) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | (0.02) |
Phat Dat Real Backtested Returns
Phat Dat Real maintains Sharpe Ratio (i.e., Efficiency) of -0.0164, which implies the firm had a -0.0164% return per unit of risk over the last 3 months. Phat Dat Real exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Phat Dat's Semi Deviation of 1.94, risk adjusted performance of 0.0081, and Coefficient Of Variation of 45643.32 to confirm the risk estimate we provide. The company holds a Beta of 0.33, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Phat Dat's returns are expected to increase less than the market. However, during the bear market, the loss of holding Phat Dat is expected to be smaller as well. At this point, Phat Dat Real has a negative expected return of -0.036%. Please make sure to check Phat Dat's potential upside, rate of daily change, and the relationship between the sortino ratio and skewness , to decide if Phat Dat Real performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.55 |
Modest predictability
Phat Dat Real has modest predictability. Overlapping area represents the amount of predictability between Phat Dat time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 Phat Dat Real price movement. The serial correlation of 0.55 indicates that about 55.0% of current Phat Dat price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.55 | |
| Spearman Rank Test | 0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 140.2 K |
Phat Dat Real lagged returns against current returns
Autocorrelation, which is Phat Dat 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 Phat Dat's stock expected returns. We can calculate the autocorrelation of Phat Dat returns to help us make a trade decision. For example, suppose you find that Phat Dat 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 |
Phat Dat 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 Phat Dat stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Phat Dat stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Phat Dat stock over time.
Current vs Lagged Prices |
| Timeline |
Phat Dat Lagged Returns
When evaluating Phat Dat's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Phat Dat stock have on its future price. Phat Dat 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, Phat Dat autocorrelation shows the relationship between Phat Dat stock current value and its past values and can show if there is a momentum factor associated with investing in Phat Dat Real.
Regressed Prices |
| Timeline |
Pair Trading with Phat Dat
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 Phat Dat 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 Phat Dat will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Phat Dat could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Phat Dat 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 Phat Dat - 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 Phat Dat Real to buy it.
The correlation of Phat Dat 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 Phat Dat moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Phat Dat Real 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 Phat Dat 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 Phat Stock
Phat Dat financial ratios help investors to determine whether Phat 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 Phat with respect to the benefits of owning Phat Dat security.