Daito Trust Construction Stock Market Value
| DIFTY Stock | USD 26.88 0.02 0.07% |
| Symbol | Daito |
Daito Trust '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 Daito Trust's pink sheet 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 Daito Trust.
| 04/30/2022 |
| 04/19/2024 |
If you would invest 0.00 in Daito Trust on April 30, 2022 and sell it all today you would earn a total of 0.00 from holding Daito Trust Construction or generate 0.0% return on investment in Daito Trust over 720 days. Daito Trust is related to or competes with Comstock Holding, St Joe, Stratus Properties, HUMANA, Barloworld, Thrivent High, and Morningstar Unconstrained. ,Ltd. designs and constructs apartments, condominiums, rental office buildings, factories, and warehouses in Japan More
Daito Trust 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 Daito Trust's pink sheet 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 Daito Trust Construction upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.36 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 14.28 | |||
| Value At Risk | (5.57) | |||
| Potential Upside | 6.82 |
Daito Trust Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Daito Trust's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Daito Trust's standard deviation. In reality, there are many statistical measures that can use Daito Trust historical prices to predict the future Daito Trust's volatility.| Risk Adjusted Performance | 0.0187 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.27) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.0513 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Daito Trust's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Daito Trust Construction Backtested Returns
Daito Trust Construction secures Sharpe Ratio (or Efficiency) of -0.0244, which denotes the company had a -0.0244% return per unit of risk over the last 3 months. Daito Trust Construction exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Daito Trust's Coefficient Of Variation of 5859.89, downside deviation of 3.36, and Mean Deviation of 2.62 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.93, which means possible diversification benefits within a given portfolio. Daito Trust returns are very sensitive to returns on the market. As the market goes up or down, Daito Trust is expected to follow. Daito Trust Construction has an expected return of -0.0741%. Please make sure to confirm Daito Trust Construction sortino ratio, as well as the relationship between the semi variance and rate of daily change , to decide if Daito Trust Construction performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.58 |
Modest predictability
Daito Trust Construction has modest predictability. Overlapping area represents the amount of predictability between Daito Trust time series from 30th of April 2022 to 25th of April 2023 and 25th of April 2023 to 19th of April 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 Daito Trust Construction price movement. The serial correlation of 0.58 indicates that roughly 58.0% of current Daito Trust price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.58 | |
| Spearman Rank Test | 0.51 | |
| Residual Average | 0.0 | |
| Price Variance | 2.9 |
Daito Trust Construction lagged returns against current returns
Autocorrelation, which is Daito Trust pink sheet'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 Daito Trust's pink sheet expected returns. We can calculate the autocorrelation of Daito Trust returns to help us make a trade decision. For example, suppose you find that Daito Trust has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Daito Trust 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 Daito Trust pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Daito Trust pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Daito Trust pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Daito Trust Lagged Returns
When evaluating Daito Trust's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Daito Trust pink sheet have on its future price. Daito Trust 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, Daito Trust autocorrelation shows the relationship between Daito Trust pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Daito Trust Construction.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Daito Trust in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Daito Trust's short interest history, or implied volatility extrapolated from Daito Trust options trading.
Pair Trading with Daito Trust
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 Daito Trust 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 Daito Trust will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Daito Trust could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Daito Trust 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 Daito Trust - 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 Daito Trust Construction to buy it.
The correlation of Daito Trust 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 Daito Trust moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Daito Trust Construction 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 Daito Trust 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.Check out Daito Trust Correlation, Daito Trust Volatility and Daito Trust Alpha and Beta module to complement your research on Daito Trust. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Complementary Tools for Daito Pink Sheet analysis
When running Daito Trust's price analysis, check to measure Daito Trust's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Daito Trust is operating at the current time. Most of Daito Trust's value examination focuses on studying past and present price action to predict the probability of Daito Trust's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Daito Trust's price. Additionally, you may evaluate how the addition of Daito Trust to your portfolios can decrease your overall portfolio volatility.
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Daito Trust technical pink sheet analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, pink sheet market cycles, or different charting patterns.