Deltagen Stock Market Value
| DGEN Stock | USD 0.0001 0.00 0.00% |
| Symbol | Deltagen |
Deltagen '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 Deltagen'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 Deltagen.
| 11/11/2024 |
| 12/11/2024 |
If you would invest 0.00 in Deltagen on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding Deltagen or generate 0.0% return on investment in Deltagen over 30 days. Deltagen is related to or competes with Playtika Holding, Cedar Realty, Sphere Entertainment, Titan Machinery, RCS MediaGroup, and Getty Realty. Deltagen, Inc. provides drug discovery tools and services to the biopharmaceutical industry and to the academic research... More
Deltagen 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 Deltagen'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 Deltagen upside and downside potential and time the market with a certain degree of confidence.
Deltagen Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Deltagen's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Deltagen's standard deviation. In reality, there are many statistical measures that can use Deltagen historical prices to predict the future Deltagen's volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Deltagen'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.
Deltagen Backtested Returns
We have found three technical indicators for Deltagen, which you can use to evaluate the volatility of the firm. The firm shows a Beta (market volatility) of 0.0, which means not very significant fluctuations relative to the market. the returns on MARKET and Deltagen are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Deltagen has no correlation between past and present. Overlapping area represents the amount of predictability between Deltagen time series from 11th of November 2024 to 26th of November 2024 and 26th of November 2024 to 11th 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 Deltagen price movement. The serial correlation of 0.0 indicates that just 0.0% of current Deltagen price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Deltagen lagged returns against current returns
Autocorrelation, which is Deltagen 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 Deltagen's pink sheet expected returns. We can calculate the autocorrelation of Deltagen returns to help us make a trade decision. For example, suppose you find that Deltagen 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 |
Deltagen 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 Deltagen pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Deltagen pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Deltagen pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Deltagen Lagged Returns
When evaluating Deltagen's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Deltagen pink sheet have on its future price. Deltagen 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, Deltagen autocorrelation shows the relationship between Deltagen pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Deltagen.
Regressed Prices |
| Timeline |
Pair Trading with Deltagen
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 Deltagen 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 Deltagen will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Deltagen could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Deltagen 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 Deltagen - 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 Deltagen to buy it.
The correlation of Deltagen 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 Deltagen moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Deltagen 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 Deltagen 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 Deltagen Pink Sheet
Deltagen financial ratios help investors to determine whether Deltagen 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 Deltagen with respect to the benefits of owning Deltagen security.