Datametrex (Germany) Market Value

D4G Stock  EUR 0  0.0008  16.00%   
Datametrex's market value is the price at which a share of Datametrex trades on a public exchange. It measures the collective expectations of Datametrex AI Limited investors about its performance. Datametrex is trading at 0.0042 as of the 22nd of December 2024. This is a 16 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.0042.
With this module, you can estimate the performance of a buy and hold strategy of Datametrex AI Limited and determine expected loss or profit from investing in Datametrex over a given investment horizon. Check out Datametrex Correlation, Datametrex Volatility and Datametrex Alpha and Beta module to complement your research on Datametrex.
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Please note, there is a significant difference between Datametrex's value and its price as these two are different measures arrived at by different means. Investors typically determine if Datametrex is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Datametrex'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.

Datametrex '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 Datametrex'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 Datametrex.
0.00
01/02/2023
No Change 0.00  0.0 
In 1 year 11 months and 22 days
12/22/2024
0.00
If you would invest  0.00  in Datametrex on January 2, 2023 and sell it all today you would earn a total of 0.00 from holding Datametrex AI Limited or generate 0.0% return on investment in Datametrex over 720 days. Datametrex is related to or competes with Accenture Plc, International Business, Infosys, Cognizant Technology, AMADEUS IT, Amadeus IT, and FUJITSU. Datametrex AI Limited provides big data and artificial intelligence services primarily in Canada More

Datametrex 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 Datametrex'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 Datametrex AI Limited upside and downside potential and time the market with a certain degree of confidence.

Datametrex Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Datametrex's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Datametrex's standard deviation. In reality, there are many statistical measures that can use Datametrex historical prices to predict the future Datametrex's volatility.
Hype
Prediction
LowEstimatedHigh
0.000.0150.26
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Intrinsic
Valuation
LowRealHigh
0.00050.25
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Datametrex AI Limited Backtested Returns

Datametrex is out of control given 3 months investment horizon. Datametrex AI Limited secures Sharpe Ratio (or Efficiency) of 0.29, which denotes the company had a 0.29% return per unit of risk over the last 3 months. We were able to interpolate twenty-seven different technical indicators, which can help you to evaluate if expected returns of 69.21% are justified by taking the suggested risk. Use Datametrex Coefficient Of Variation of 453.15, mean deviation of 238.45, and Downside Deviation of 62.5 to evaluate company specific risk that cannot be diversified away. Datametrex holds a performance score of 22 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -73.95, which means a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Datametrex are expected to decrease by larger amounts. On the other hand, during market turmoil, Datametrex is expected to outperform it. Use Datametrex total risk alpha, treynor ratio, value at risk, as well as the relationship between the sortino ratio and maximum drawdown , to analyze future returns on Datametrex.

Auto-correlation

    
  0.45  

Average predictability

Datametrex AI Limited has average predictability. Overlapping area represents the amount of predictability between Datametrex time series from 2nd of January 2023 to 28th of December 2023 and 28th of December 2023 to 22nd 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 Datametrex AI Limited price movement. The serial correlation of 0.45 indicates that just about 45.0% of current Datametrex price fluctuation can be explain by its past prices.
Correlation Coefficient0.45
Spearman Rank Test0.6
Residual Average0.0
Price Variance0.0

Datametrex AI Limited lagged returns against current returns

Autocorrelation, which is Datametrex 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 Datametrex's stock expected returns. We can calculate the autocorrelation of Datametrex returns to help us make a trade decision. For example, suppose you find that Datametrex 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   
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Datametrex 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 Datametrex stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Datametrex stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Datametrex stock over time.
   Current vs Lagged Prices   
       Timeline  

Datametrex Lagged Returns

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

Currently Active Assets on Macroaxis

Other Information on Investing in Datametrex Stock

Datametrex financial ratios help investors to determine whether Datametrex 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 Datametrex with respect to the benefits of owning Datametrex security.