Diversified Royalty Corp Stock Market Value
| BEVFF Stock | USD 2.14 0.03 1.42% |
| Symbol | Diversified |
Diversified Royalty '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 Diversified Royalty'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 Diversified Royalty.
| 02/04/2023 |
| 11/25/2024 |
If you would invest 0.00 in Diversified Royalty on February 4, 2023 and sell it all today you would earn a total of 0.00 from holding Diversified Royalty Corp or generate 0.0% return on investment in Diversified Royalty over 660 days. Diversified Royalty is related to or competes with FitLife Brands,, HUMANA, SCOR PK, Barloworld, Morningstar Unconstrained, High-yield Municipal, and Thrivent High. Diversified Royalty Corp., a multi-royalty corporation, engages in the acquisition of royalties from multi-location busi... More
Diversified Royalty 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 Diversified Royalty'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 Diversified Royalty Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.07 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 5.66 | |||
| Value At Risk | (1.38) | |||
| Potential Upside | 1.49 |
Diversified Royalty Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Diversified Royalty's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Diversified Royalty's standard deviation. In reality, there are many statistical measures that can use Diversified Royalty historical prices to predict the future Diversified Royalty's volatility.| Risk Adjusted Performance | 0.0735 | |||
| Jensen Alpha | 6.0E-4 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.1217 |
Diversified Royalty Corp Backtested Returns
At this point, Diversified Royalty is slightly risky. Diversified Royalty Corp secures Sharpe Ratio (or Efficiency) of 0.0648, which denotes the company had a 0.0648% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Diversified Royalty Corp, which you can use to evaluate the volatility of the firm. Please confirm Diversified Royalty's Mean Deviation of 0.6839, downside deviation of 1.07, and Coefficient Of Variation of 1077.47 to check if the risk estimate we provide is consistent with the expected return of 0.0644%. Diversified Royalty has a performance score of 5 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.68, which means possible diversification benefits within a given portfolio. As returns on the market increase, Diversified Royalty's returns are expected to increase less than the market. However, during the bear market, the loss of holding Diversified Royalty is expected to be smaller as well. Diversified Royalty Corp right now shows a risk of 0.99%. Please confirm Diversified Royalty Corp maximum drawdown, skewness, price action indicator, as well as the relationship between the downside variance and rate of daily change , to decide if Diversified Royalty Corp will be following its price patterns.
Auto-correlation | -0.66 |
Very good reverse predictability
Diversified Royalty Corp has very good reverse predictability. Overlapping area represents the amount of predictability between Diversified Royalty time series from 4th of February 2023 to 31st of December 2023 and 31st of December 2023 to 25th 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 Diversified Royalty Corp price movement. The serial correlation of -0.66 indicates that around 66.0% of current Diversified Royalty price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.66 | |
| Spearman Rank Test | -0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Diversified Royalty Corp lagged returns against current returns
Autocorrelation, which is Diversified Royalty 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 Diversified Royalty's pink sheet expected returns. We can calculate the autocorrelation of Diversified Royalty returns to help us make a trade decision. For example, suppose you find that Diversified Royalty 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 |
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Diversified Royalty 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 Diversified Royalty pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Diversified Royalty pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Diversified Royalty pink sheet over time.
Current vs Lagged Prices |
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Diversified Royalty Lagged Returns
When evaluating Diversified Royalty's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Diversified Royalty pink sheet have on its future price. Diversified Royalty 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, Diversified Royalty autocorrelation shows the relationship between Diversified Royalty pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Diversified Royalty Corp.
Regressed Prices |
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Currently Active Assets on Macroaxis
Other Information on Investing in Diversified Pink Sheet
Diversified Royalty financial ratios help investors to determine whether Diversified 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 Diversified with respect to the benefits of owning Diversified Royalty security.