Dakshidin Corporation Stock Market Value
| DKSC Stock | USD 0 0.0001 6.25% |
| Symbol | Dakshidin |
Dakshidin '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 Dakshidin'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 Dakshidin.
| 11/04/2024 |
| 12/04/2024 |
If you would invest 0.00 in Dakshidin on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding Dakshidin Corporation or generate 0.0% return on investment in Dakshidin over 30 days. Dakshidin Corporation, Inc., through its subsidiaries, operates as a CBDcannabis-based medical product company More
Dakshidin 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 Dakshidin'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 Dakshidin Corporation upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 11.48 | |||
| Information Ratio | 0.1292 | |||
| Maximum Drawdown | 48.57 | |||
| Value At Risk | (14.29) | |||
| Potential Upside | 20.0 |
Dakshidin Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dakshidin's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dakshidin's standard deviation. In reality, there are many statistical measures that can use Dakshidin historical prices to predict the future Dakshidin's volatility.| Risk Adjusted Performance | 0.1158 | |||
| Jensen Alpha | 1.53 | |||
| Total Risk Alpha | 0.0347 | |||
| Sortino Ratio | 0.1229 | |||
| Treynor Ratio | (8.18) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Dakshidin'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.
Dakshidin Backtested Returns
Dakshidin is out of control given 3 months investment horizon. Dakshidin secures Sharpe Ratio (or Efficiency) of 0.14, which denotes the company had a 0.14% return per unit of risk over the last 3 months. We are able to interpolate and collect twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.6% are justified by taking the suggested risk. Use Dakshidin Mean Deviation of 8.45, downside deviation of 11.48, and Coefficient Of Variation of 716.68 to evaluate company specific risk that cannot be diversified away. Dakshidin holds a performance score of 11 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -0.19, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Dakshidin are expected to decrease at a much lower rate. During the bear market, Dakshidin is likely to outperform the market. Use Dakshidin total risk alpha, expected short fall, market facilitation index, as well as the relationship between the value at risk and daily balance of power , to analyze future returns on Dakshidin.
Auto-correlation | -0.09 |
Very weak reverse predictability
Dakshidin Corporation has very weak reverse predictability. Overlapping area represents the amount of predictability between Dakshidin time series from 4th of November 2024 to 19th of November 2024 and 19th of November 2024 to 4th 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 Dakshidin price movement. The serial correlation of -0.09 indicates that less than 9.0% of current Dakshidin price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.09 | |
| Spearman Rank Test | 0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Dakshidin lagged returns against current returns
Autocorrelation, which is Dakshidin 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 Dakshidin's pink sheet expected returns. We can calculate the autocorrelation of Dakshidin returns to help us make a trade decision. For example, suppose you find that Dakshidin 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 |
Dakshidin 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 Dakshidin pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dakshidin pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dakshidin pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Dakshidin Lagged Returns
When evaluating Dakshidin's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dakshidin pink sheet have on its future price. Dakshidin 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, Dakshidin autocorrelation shows the relationship between Dakshidin pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Dakshidin Corporation.
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 Dakshidin Pink Sheet
Dakshidin financial ratios help investors to determine whether Dakshidin 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 Dakshidin with respect to the benefits of owning Dakshidin security.