Digital Development Partners Stock Market Value
| BBBT Stock | USD 0.0001 0.00 0.00% |
| Symbol | Digital |
Digital Development '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 Digital Development'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 Digital Development.
| 09/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Digital Development on September 28, 2024 and sell it all today you would earn a total of 0.00 from holding Digital Development Partners or generate 0.0% return on investment in Digital Development over 60 days. Digital Development is related to or competes with Crescita Therapeutics, and Earth Science. It manufactures and distributes MiteXstream, a plant-based biopesticide for the eradication of spider mites More
Digital Development 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 Digital Development'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 Digital Development Partners upside and downside potential and time the market with a certain degree of confidence.
Digital Development Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Digital Development's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Digital Development's standard deviation. In reality, there are many statistical measures that can use Digital Development historical prices to predict the future Digital Development's volatility.Digital Development Backtested Returns
We have found three technical indicators for Digital Development Partners, 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 Digital Development are completely uncorrelated.
Auto-correlation | 1.00 |
Perfect predictability
Digital Development Partners has perfect predictability. Overlapping area represents the amount of predictability between Digital Development time series from 28th of September 2024 to 28th of October 2024 and 28th of October 2024 to 27th of November 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 Digital Development price movement. The serial correlation of 1.0 indicates that 100.0% of current Digital Development price fluctuation can be explain by its past prices.
| Correlation Coefficient | 1.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Digital Development lagged returns against current returns
Autocorrelation, which is Digital Development 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 Digital Development's pink sheet expected returns. We can calculate the autocorrelation of Digital Development returns to help us make a trade decision. For example, suppose you find that Digital Development 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 |
Digital Development 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 Digital Development pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Digital Development pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Digital Development pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Digital Development Lagged Returns
When evaluating Digital Development's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Digital Development pink sheet have on its future price. Digital Development 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, Digital Development autocorrelation shows the relationship between Digital Development pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Digital Development Partners.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Digital Pink Sheet Analysis
When running Digital Development's price analysis, check to measure Digital Development's 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 Digital Development is operating at the current time. Most of Digital Development's value examination focuses on studying past and present price action to predict the probability of Digital Development's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Digital Development's price. Additionally, you may evaluate how the addition of Digital Development to your portfolios can decrease your overall portfolio volatility.