Dundee Corp Stock Market Value
| DDEJF Stock | USD 1.12 0.02 1.82% |
| Symbol | Dundee |
Dundee Corp '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 Dundee Corp'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 Dundee Corp.
| 11/17/2024 |
| 12/17/2024 |
If you would invest 0.00 in Dundee Corp on November 17, 2024 and sell it all today you would earn a total of 0.00 from holding Dundee Corp or generate 0.0% return on investment in Dundee Corp over 30 days. Dundee Corp is related to or competes with Limoneira, AgriFORCE Growing, Village Farms, Archer Daniels, Cal Maine, Bunge, and Dole PLC. Through its operating subsidiaries, the firm is engaged in diverse business activities in the areas of investment adviso... More
Dundee Corp 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 Dundee Corp'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 Dundee Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.91 | |||
| Information Ratio | 0.0201 | |||
| Maximum Drawdown | 16.96 | |||
| Value At Risk | (4.24) | |||
| Potential Upside | 7.76 |
Dundee Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dundee Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dundee Corp's standard deviation. In reality, there are many statistical measures that can use Dundee Corp historical prices to predict the future Dundee Corp's volatility.| Risk Adjusted Performance | 0.0413 | |||
| Jensen Alpha | 0.1541 | |||
| Total Risk Alpha | (0.20) | |||
| Sortino Ratio | 0.0224 | |||
| Treynor Ratio | (0.78) |
Dundee Corp Backtested Returns
At this point, Dundee Corp is dangerous. Dundee Corp secures Sharpe Ratio (or Efficiency) of 0.0469, which denotes the company had a 0.0469% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Dundee Corp, which you can use to evaluate the volatility of the firm. Please confirm Dundee Corp's Downside Deviation of 2.91, coefficient of variation of 2157.1, and Mean Deviation of 2.2 to check if the risk estimate we provide is consistent with the expected return of 0.16%. Dundee Corp has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.18, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Dundee Corp are expected to decrease at a much lower rate. During the bear market, Dundee Corp is likely to outperform the market. Dundee Corp right now shows a risk of 3.32%. Please confirm Dundee Corp downside variance, rate of daily change, and the relationship between the maximum drawdown and skewness , to decide if Dundee Corp will be following its price patterns.
Auto-correlation | 0.33 |
Below average predictability
Dundee Corp has below average predictability. Overlapping area represents the amount of predictability between Dundee Corp time series from 17th of November 2024 to 2nd of December 2024 and 2nd of December 2024 to 17th of December 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 Dundee Corp price movement. The serial correlation of 0.33 indicates that nearly 33.0% of current Dundee Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.33 | |
| Spearman Rank Test | 0.39 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Dundee Corp lagged returns against current returns
Autocorrelation, which is Dundee Corp 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 Dundee Corp's pink sheet expected returns. We can calculate the autocorrelation of Dundee Corp returns to help us make a trade decision. For example, suppose you find that Dundee Corp 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 |
Dundee Corp 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 Dundee Corp pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dundee Corp pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dundee Corp pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Dundee Corp Lagged Returns
When evaluating Dundee Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dundee Corp pink sheet have on its future price. Dundee Corp 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, Dundee Corp autocorrelation shows the relationship between Dundee Corp pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Dundee Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Dundee Pink Sheet
Dundee Corp financial ratios help investors to determine whether Dundee Pink Sheet 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 Dundee with respect to the benefits of owning Dundee Corp security.