Dna Brands Stock Market Value

DNAX Stock  USD 0.0002  0.0001  100.00%   
DNA Brands' market value is the price at which a share of DNA Brands trades on a public exchange. It measures the collective expectations of DNA Brands investors about its performance. DNA Brands is trading at 2.0E-4 as of the 14th of December 2024; that is 100.00 percent increase since the beginning of the trading day. The stock's open price was 1.0E-4.
With this module, you can estimate the performance of a buy and hold strategy of DNA Brands and determine expected loss or profit from investing in DNA Brands over a given investment horizon. Check out DNA Brands Correlation, DNA Brands Volatility and DNA Brands Alpha and Beta module to complement your research on DNA Brands.
Symbol

Please note, there is a significant difference between DNA Brands' value and its price as these two are different measures arrived at by different means. Investors typically determine if DNA Brands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DNA Brands' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

DNA Brands '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 DNA Brands' 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 DNA Brands.
0.00
09/15/2024
No Change 0.00  0.0 
In 3 months and 1 day
12/14/2024
0.00
If you would invest  0.00  in DNA Brands on September 15, 2024 and sell it all today you would earn a total of 0.00 from holding DNA Brands or generate 0.0% return on investment in DNA Brands over 90 days. DNA Brands is related to or competes with Bank of America, Recursion Pharmaceuticals, Aerovate Therapeutics, PayPal Holdings, Alphabet, and Koss. It offers products in various flavors, such as cellular citrus zero sugar, cellular citrus, cryo berry, and molecular me... More

DNA Brands 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 DNA Brands' 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 DNA Brands upside and downside potential and time the market with a certain degree of confidence.

DNA Brands Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for DNA Brands' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as DNA Brands' standard deviation. In reality, there are many statistical measures that can use DNA Brands historical prices to predict the future DNA Brands' volatility.
Hype
Prediction
LowEstimatedHigh
0.000.000236.58
Details
Intrinsic
Valuation
LowRealHigh
0.000.000136.58
Details
Naive
Forecast
LowNextHigh
0.0000050.000236.58
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.00010.00010.0001
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as DNA Brands. Your research has to be compared to or analyzed against DNA Brands' peers to derive any actionable benefits. When done correctly, DNA Brands' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in DNA Brands.

DNA Brands Backtested Returns

DNA Brands is out of control given 3 months investment horizon. DNA Brands retains Efficiency (Sharpe Ratio) of 0.15, which denotes the company had a 0.15% return per unit of risk over the last 3 months. We were able to analyze twenty-eight different technical indicators, which can help you to evaluate if expected returns of 5.38% are justified by taking the suggested risk. Use DNA Brands Coefficient Of Variation of 684.49, market risk adjusted performance of (0.51), and Downside Deviation of 54.01 to evaluate company specific risk that cannot be diversified away. DNA Brands holds a performance score of 11 on a scale of zero to a hundred. The firm owns a Beta (Systematic Risk) of -10.14, which means a somewhat significant risk relative to the market. As returns on the market increase, returns on owning DNA Brands are expected to decrease by larger amounts. On the other hand, during market turmoil, DNA Brands is expected to outperform it. Use DNA Brands coefficient of variation, semi variance, period momentum indicator, as well as the relationship between the treynor ratio and daily balance of power , to analyze future returns on DNA Brands.

Auto-correlation

    
  0.11  

Insignificant predictability

DNA Brands has insignificant predictability. Overlapping area represents the amount of predictability between DNA Brands time series from 15th of September 2024 to 30th of October 2024 and 30th of October 2024 to 14th 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 DNA Brands price movement. The serial correlation of 0.11 indicates that less than 11.0% of current DNA Brands price fluctuation can be explain by its past prices.
Correlation Coefficient0.11
Spearman Rank Test0.56
Residual Average0.0
Price Variance0.0

DNA Brands lagged returns against current returns

Autocorrelation, which is DNA Brands 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 DNA Brands' pink sheet expected returns. We can calculate the autocorrelation of DNA Brands returns to help us make a trade decision. For example, suppose you find that DNA Brands 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  

DNA Brands 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 DNA Brands pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if DNA Brands pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in DNA Brands pink sheet over time.
   Current vs Lagged Prices   
       Timeline  

DNA Brands Lagged Returns

When evaluating DNA Brands' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of DNA Brands pink sheet have on its future price. DNA Brands 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, DNA Brands autocorrelation shows the relationship between DNA Brands pink sheet current value and its past values and can show if there is a momentum factor associated with investing in DNA Brands.
   Regressed Prices   
       Timeline  

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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.

Additional Tools for DNA Pink Sheet Analysis

When running DNA Brands' price analysis, check to measure DNA Brands' 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 DNA Brands is operating at the current time. Most of DNA Brands' value examination focuses on studying past and present price action to predict the probability of DNA Brands' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DNA Brands' price. Additionally, you may evaluate how the addition of DNA Brands to your portfolios can decrease your overall portfolio volatility.