DiGiSPICE Technologies (India) Market Value
| DIGISPICE | 22.43 0.04 0.18% |
| Symbol | DiGiSPICE |
DiGiSPICE Technologies '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 DiGiSPICE Technologies' 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 DiGiSPICE Technologies.
| 04/20/2025 |
| 07/19/2025 |
If you would invest 0.00 in DiGiSPICE Technologies on April 20, 2025 and sell it all today you would earn a total of 0.00 from holding DiGiSPICE Technologies Limited or generate 0.0% return on investment in DiGiSPICE Technologies over 90 days. DiGiSPICE Technologies is related to or competes with Generic Engineering, S P, Consolidated Construction, Kingfa Science, Twamev Construction, FCS Software, and Le Travenues. DiGiSPICE Technologies is entity of India More
DiGiSPICE Technologies 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 DiGiSPICE Technologies' 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 DiGiSPICE Technologies Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.47 | |||
| Information Ratio | 0.0356 | |||
| Maximum Drawdown | 20.34 | |||
| Value At Risk | (4.46) | |||
| Potential Upside | 5.78 |
DiGiSPICE Technologies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for DiGiSPICE Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as DiGiSPICE Technologies' standard deviation. In reality, there are many statistical measures that can use DiGiSPICE Technologies historical prices to predict the future DiGiSPICE Technologies' volatility.| Risk Adjusted Performance | 0.0793 | |||
| Jensen Alpha | 0.0768 | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | 0.0489 | |||
| Treynor Ratio | 0.1882 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of DiGiSPICE Technologies' 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.
DiGiSPICE Technologies Backtested Returns
DiGiSPICE Technologies appears to be not too volatile, given 3 months investment horizon. DiGiSPICE Technologies secures Sharpe Ratio (or Efficiency) of 0.0667, which denotes the company had a 0.0667 % return per unit of return volatility over the last 3 months. We have found twenty-nine technical indicators for DiGiSPICE Technologies Limited, which you can use to evaluate the volatility of the firm. Please utilize DiGiSPICE Technologies' mean deviation of 2.3, and Downside Deviation of 2.47 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, DiGiSPICE Technologies holds a performance score of 5. The firm shows a Beta (market volatility) of 1.34, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, DiGiSPICE Technologies will likely underperform. Please check DiGiSPICE Technologies' value at risk, and the relationship between the jensen alpha and skewness , to make a quick decision on whether DiGiSPICE Technologies' price patterns will revert.
Auto-correlation | -0.07 |
Very weak reverse predictability
DiGiSPICE Technologies Limited has very weak reverse predictability. Overlapping area represents the amount of predictability between DiGiSPICE Technologies time series from 20th of April 2025 to 4th of June 2025 and 4th of June 2025 to 19th of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of DiGiSPICE Technologies price movement. The serial correlation of -0.07 indicates that barely 7.0% of current DiGiSPICE Technologies price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.07 | |
| Spearman Rank Test | -0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 1.05 |
DiGiSPICE Technologies lagged returns against current returns
Autocorrelation, which is DiGiSPICE Technologies 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 DiGiSPICE Technologies' stock expected returns. We can calculate the autocorrelation of DiGiSPICE Technologies returns to help us make a trade decision. For example, suppose you find that DiGiSPICE Technologies 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 |
DiGiSPICE Technologies 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 DiGiSPICE Technologies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if DiGiSPICE Technologies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in DiGiSPICE Technologies stock over time.
Current vs Lagged Prices |
| Timeline |
DiGiSPICE Technologies Lagged Returns
When evaluating DiGiSPICE Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of DiGiSPICE Technologies stock have on its future price. DiGiSPICE Technologies 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, DiGiSPICE Technologies autocorrelation shows the relationship between DiGiSPICE Technologies stock current value and its past values and can show if there is a momentum factor associated with investing in DiGiSPICE Technologies Limited.
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 DiGiSPICE Stock
DiGiSPICE Technologies financial ratios help investors to determine whether DiGiSPICE 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 DiGiSPICE with respect to the benefits of owning DiGiSPICE Technologies security.