Dynagreen Environmental's market value is the price at which a share of Dynagreen Environmental trades on a public exchange. It measures the collective expectations of Dynagreen Environmental Protection investors about its performance. Dynagreen Environmental is trading at 6.20 as of the 4th of February 2025, a No Change since the beginning of the trading day. The stock's open price was 6.2. With this module, you can estimate the performance of a buy and hold strategy of Dynagreen Environmental Protection and determine expected loss or profit from investing in Dynagreen Environmental over a given investment horizon. Check out Dynagreen Environmental Correlation, Dynagreen Environmental Volatility and Dynagreen Environmental Alpha and Beta module to complement your research on Dynagreen Environmental.
Please note, there is a significant difference between Dynagreen Environmental's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dynagreen Environmental is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dynagreen Environmental's 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.
Dynagreen Environmental '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 Dynagreen Environmental'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 Dynagreen Environmental.
0.00
01/05/2025
No Change 0.00
0.0
In 31 days
02/04/2025
0.00
If you would invest 0.00 in Dynagreen Environmental on January 5, 2025 and sell it all today you would earn a total of 0.00 from holding Dynagreen Environmental Protection or generate 0.0% return on investment in Dynagreen Environmental over 30 days. Dynagreen Environmental is related to or competes with Bangyan Technology, Gan Yuan, Iat Automobile, JuneYao Dairy, Dhc Software, Montage Technology, and Tianjin Ruixin. Dynagreen Environmental is entity of China More
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Dynagreen Environmental'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 Dynagreen Environmental Protection upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dynagreen Environmental's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dynagreen Environmental's standard deviation. In reality, there are many statistical measures that can use Dynagreen Environmental historical prices to predict the future Dynagreen Environmental's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Dynagreen Environmental. Your research has to be compared to or analyzed against Dynagreen Environmental's peers to derive any actionable benefits. When done correctly, Dynagreen Environmental's 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 Dynagreen Environmental.
Dynagreen Environmental Backtested Returns
Dynagreen Environmental secures Sharpe Ratio (or Efficiency) of -0.11, which denotes the company had a -0.11 % return per unit of risk over the last 3 months. Dynagreen Environmental Protection exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dynagreen Environmental's Mean Deviation of 1.14, coefficient of variation of 23279.91, and Downside Deviation of 1.49 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.25, which means not very significant fluctuations relative to the market. As returns on the market increase, Dynagreen Environmental's returns are expected to increase less than the market. However, during the bear market, the loss of holding Dynagreen Environmental is expected to be smaller as well. At this point, Dynagreen Environmental has a negative expected return of -0.14%. Please make sure to confirm Dynagreen Environmental's downside deviation, information ratio, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Dynagreen Environmental performance from the past will be repeated at some point in the near future.
Auto-correlation
-0.65
Very good reverse predictability
Dynagreen Environmental Protection has very good reverse predictability. Overlapping area represents the amount of predictability between Dynagreen Environmental time series from 5th of January 2025 to 20th of January 2025 and 20th of January 2025 to 4th of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Dynagreen Environmental price movement. The serial correlation of -0.65 indicates that roughly 65.0% of current Dynagreen Environmental price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.65
Spearman Rank Test
-0.64
Residual Average
0.0
Price Variance
0.0
Dynagreen Environmental lagged returns against current returns
Autocorrelation, which is Dynagreen Environmental 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 Dynagreen Environmental's stock expected returns. We can calculate the autocorrelation of Dynagreen Environmental returns to help us make a trade decision. For example, suppose you find that Dynagreen Environmental 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
Dynagreen Environmental 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 Dynagreen Environmental stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dynagreen Environmental stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dynagreen Environmental stock over time.
Current vs Lagged Prices
Timeline
Dynagreen Environmental Lagged Returns
When evaluating Dynagreen Environmental's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dynagreen Environmental stock have on its future price. Dynagreen Environmental 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, Dynagreen Environmental autocorrelation shows the relationship between Dynagreen Environmental stock current value and its past values and can show if there is a momentum factor associated with investing in Dynagreen Environmental Protection.
Dynagreen Environmental financial ratios help investors to determine whether Dynagreen Stock 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 Dynagreen with respect to the benefits of owning Dynagreen Environmental security.