DUET Acquisition Corp Market Value
| DUETDelisted Stock | USD 11.33 0.00 0.00% |
| Symbol | DUET |
DUET Acquisition '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 DUET Acquisition's 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 DUET Acquisition.
| 12/12/2022 |
| 12/01/2024 |
If you would invest 0.00 in DUET Acquisition on December 12, 2022 and sell it all today you would earn a total of 0.00 from holding DUET Acquisition Corp or generate 0.0% return on investment in DUET Acquisition over 720 days. DUET Acquisition is related to or competes with Chain Bridge, Mars Acquisition, and AlphaTime Acquisition. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar ... More
DUET Acquisition 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 DUET Acquisition's 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 DUET Acquisition Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.91) | |||
| Maximum Drawdown | 1.06 |
DUET Acquisition Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for DUET Acquisition's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as DUET Acquisition's standard deviation. In reality, there are many statistical measures that can use DUET Acquisition historical prices to predict the future DUET Acquisition's volatility.| Risk Adjusted Performance | 0.0097 | |||
| Jensen Alpha | 0.001 | |||
| Total Risk Alpha | (0.02) | |||
| Treynor Ratio | 0.0078 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of DUET Acquisition'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.
DUET Acquisition Corp Backtested Returns
Currently, DUET Acquisition Corp is very steady. DUET Acquisition Corp secures Sharpe Ratio (or Efficiency) of 0.0706, which denotes the company had a 0.0706% return per unit of risk over the last 3 months. We have found sixteen technical indicators for DUET Acquisition Corp, which you can use to evaluate the volatility of the firm. Please confirm DUET Acquisition's Mean Deviation of 0.0417, variance of 0.0198, and Standard Deviation of 0.1408 to check if the risk estimate we provide is consistent with the expected return of 0.0099%. DUET Acquisition has a performance score of 5 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.0081, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning DUET Acquisition are expected to decrease at a much lower rate. During the bear market, DUET Acquisition is likely to outperform the market. DUET Acquisition Corp now shows a risk of 0.14%. Please confirm DUET Acquisition Corp market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and rate of daily change , to decide if DUET Acquisition Corp will be following its price patterns.
Auto-correlation | 0.91 |
Excellent predictability
DUET Acquisition Corp has excellent predictability. Overlapping area represents the amount of predictability between DUET Acquisition time series from 12th of December 2022 to 7th of December 2023 and 7th of December 2023 to 1st 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 DUET Acquisition Corp price movement. The serial correlation of 0.91 indicates that approximately 91.0% of current DUET Acquisition price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.91 | |
| Spearman Rank Test | 0.92 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
DUET Acquisition Corp lagged returns against current returns
Autocorrelation, which is DUET Acquisition 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 DUET Acquisition's stock expected returns. We can calculate the autocorrelation of DUET Acquisition returns to help us make a trade decision. For example, suppose you find that DUET Acquisition 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 |
DUET Acquisition 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 DUET Acquisition stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if DUET Acquisition stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in DUET Acquisition stock over time.
Current vs Lagged Prices |
| Timeline |
DUET Acquisition Lagged Returns
When evaluating DUET Acquisition's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of DUET Acquisition stock have on its future price. DUET Acquisition 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, DUET Acquisition autocorrelation shows the relationship between DUET Acquisition stock current value and its past values and can show if there is a momentum factor associated with investing in DUET Acquisition Corp.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Check out DUET Acquisition Correlation, DUET Acquisition Volatility and DUET Acquisition Alpha and Beta module to complement your research on DUET Acquisition. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Other Consideration for investing in DUET Stock
If you are still planning to invest in DUET Acquisition Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the DUET Acquisition's history and understand the potential risks before investing.
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