Delphx Capital Markets Stock Market Value
| DELX Stock | CAD 0.11 0.01 10.00% |
| Symbol | DelphX |
DelphX Capital Markets Price To Book Ratio
DelphX Capital '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 DelphX Capital'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 DelphX Capital.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in DelphX Capital on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding DelphX Capital Markets or generate 0.0% return on investment in DelphX Capital over 30 days. DelphX Capital is related to or competes with AGF Management, Primaris Retail, Wishpond Technologies, Data Communications, Brookfield Asset, Northstar Clean, and Exco Technologies. DelphX Capital Markets Inc. operates as a technology and financial services company focuses on optimizing fixed income m... More
DelphX Capital 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 DelphX Capital'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 DelphX Capital Markets upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 38.46 | |||
| Value At Risk | (14.29) | |||
| Potential Upside | 15.38 |
DelphX Capital Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for DelphX Capital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as DelphX Capital's standard deviation. In reality, there are many statistical measures that can use DelphX Capital historical prices to predict the future DelphX Capital's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.90) | |||
| Total Risk Alpha | (1.92) | |||
| Treynor Ratio | (0.15) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of DelphX Capital's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
DelphX Capital Markets Backtested Returns
DelphX Capital Markets secures Sharpe Ratio (or Efficiency) of -0.0417, which denotes the company had a -0.0417% return per unit of risk over the last 3 months. DelphX Capital Markets exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm DelphX Capital's Standard Deviation of 9.06, variance of 82.13, and Mean Deviation of 6.72 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 3.32, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, DelphX Capital will likely underperform. At this point, DelphX Capital Markets has a negative expected return of -0.38%. Please make sure to confirm DelphX Capital's treynor ratio, value at risk, and the relationship between the total risk alpha and maximum drawdown , to decide if DelphX Capital Markets performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.32 |
Below average predictability
DelphX Capital Markets has below average predictability. Overlapping area represents the amount of predictability between DelphX Capital time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 DelphX Capital Markets price movement. The serial correlation of 0.32 indicates that nearly 32.0% of current DelphX Capital price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.32 | |
| Spearman Rank Test | -0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
DelphX Capital Markets lagged returns against current returns
Autocorrelation, which is DelphX Capital 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 DelphX Capital's stock expected returns. We can calculate the autocorrelation of DelphX Capital returns to help us make a trade decision. For example, suppose you find that DelphX Capital 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 |
DelphX Capital 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 DelphX Capital stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if DelphX Capital stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in DelphX Capital stock over time.
Current vs Lagged Prices |
| Timeline |
DelphX Capital Lagged Returns
When evaluating DelphX Capital's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of DelphX Capital stock have on its future price. DelphX Capital 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, DelphX Capital autocorrelation shows the relationship between DelphX Capital stock current value and its past values and can show if there is a momentum factor associated with investing in DelphX Capital Markets.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for DelphX Stock Analysis
When running DelphX Capital's price analysis, check to measure DelphX Capital'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 DelphX Capital is operating at the current time. Most of DelphX Capital's value examination focuses on studying past and present price action to predict the probability of DelphX Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DelphX Capital's price. Additionally, you may evaluate how the addition of DelphX Capital to your portfolios can decrease your overall portfolio volatility.