DATADOT TECHNOLOGY (Germany) Market Value
| DD6 Stock | EUR 0 0.00 0.00% |
| Symbol | DATADOT |
DATADOT TECHNOLOGY '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 DATADOT TECHNOLOGY'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 DATADOT TECHNOLOGY.
| 12/20/2024 |
| 01/19/2025 |
If you would invest 0.00 in DATADOT TECHNOLOGY on December 20, 2024 and sell it all today you would earn a total of 0.00 from holding DATADOT TECHNOLOGY or generate 0.0% return on investment in DATADOT TECHNOLOGY over 30 days. DATADOT TECHNOLOGY is related to or competes with Apple, Apple, Apple, Apple, Microsoft, Microsoft, and Microsoft. More
DATADOT TECHNOLOGY 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 DATADOT TECHNOLOGY'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 DATADOT TECHNOLOGY upside and downside potential and time the market with a certain degree of confidence.
DATADOT TECHNOLOGY Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for DATADOT TECHNOLOGY's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as DATADOT TECHNOLOGY's standard deviation. In reality, there are many statistical measures that can use DATADOT TECHNOLOGY historical prices to predict the future DATADOT TECHNOLOGY's volatility.DATADOT TECHNOLOGY Backtested Returns
We have found three technical indicators for DATADOT TECHNOLOGY, which you can use to evaluate the volatility of the entity. 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 DATADOT TECHNOLOGY are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
DATADOT TECHNOLOGY has no correlation between past and present. Overlapping area represents the amount of predictability between DATADOT TECHNOLOGY time series from 20th of December 2024 to 4th of January 2025 and 4th of January 2025 to 19th of January 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 DATADOT TECHNOLOGY price movement. The serial correlation of 0.0 indicates that just 0.0% of current DATADOT TECHNOLOGY price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
DATADOT TECHNOLOGY lagged returns against current returns
Autocorrelation, which is DATADOT TECHNOLOGY 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 DATADOT TECHNOLOGY's stock expected returns. We can calculate the autocorrelation of DATADOT TECHNOLOGY returns to help us make a trade decision. For example, suppose you find that DATADOT TECHNOLOGY 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 |
DATADOT TECHNOLOGY 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 DATADOT TECHNOLOGY stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if DATADOT TECHNOLOGY stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in DATADOT TECHNOLOGY stock over time.
Current vs Lagged Prices |
| Timeline |
DATADOT TECHNOLOGY Lagged Returns
When evaluating DATADOT TECHNOLOGY's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of DATADOT TECHNOLOGY stock have on its future price. DATADOT TECHNOLOGY 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, DATADOT TECHNOLOGY autocorrelation shows the relationship between DATADOT TECHNOLOGY stock current value and its past values and can show if there is a momentum factor associated with investing in DATADOT TECHNOLOGY.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.| BTC | Bitcoin | |
| TRX | TRON | |
| BNB | Binance Coin |
Other Information on Investing in DATADOT Stock
DATADOT TECHNOLOGY financial ratios help investors to determine whether DATADOT 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 DATADOT with respect to the benefits of owning DATADOT TECHNOLOGY security.