Diamond Fields Resources Stock Market Value
| DFIFF Stock | USD 0.02 0.0001 0.50% |
| Symbol | Diamond |
Diamond Fields '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 Diamond Fields' 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 Diamond Fields.
| 07/05/2023 |
| 11/26/2024 |
If you would invest 0.00 in Diamond Fields on July 5, 2023 and sell it all today you would earn a total of 0.00 from holding Diamond Fields Resources or generate 0.0% return on investment in Diamond Fields over 510 days. Diamond Fields is related to or competes with Amarc Resources, Aftermath Silver, and Aurelia Metals. Diamond Fields Resources Inc. explores for and evaluates mineral properties worldwide More
Diamond Fields 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 Diamond Fields' 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 Diamond Fields Resources upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.10) | |||
| Maximum Drawdown | 37.71 | |||
| Value At Risk | (12.69) | |||
| Potential Upside | 0.5 |
Diamond Fields Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Diamond Fields' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Diamond Fields' standard deviation. In reality, there are many statistical measures that can use Diamond Fields historical prices to predict the future Diamond Fields' volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.41) | |||
| Total Risk Alpha | (1.35) | |||
| Treynor Ratio | 1.02 |
Diamond Fields Resources Backtested Returns
Diamond Fields Resources secures Sharpe Ratio (or Efficiency) of -0.0352, which denotes the company had a -0.0352% return per unit of standard deviation over the last 3 months. Diamond Fields Resources exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Diamond Fields' Mean Deviation of 2.19, standard deviation of 5.69, and Coefficient Of Variation of (1,254) to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.46, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Diamond Fields are expected to decrease at a much lower rate. During the bear market, Diamond Fields is likely to outperform the market. At this point, Diamond Fields Resources has a negative expected return of -0.19%. Please make sure to confirm Diamond Fields' value at risk, rate of daily change, and the relationship between the total risk alpha and kurtosis , to decide if Diamond Fields Resources performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.19 |
Insignificant reverse predictability
Diamond Fields Resources has insignificant reverse predictability. Overlapping area represents the amount of predictability between Diamond Fields time series from 5th of July 2023 to 16th of March 2024 and 16th of March 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 Diamond Fields Resources price movement. The serial correlation of -0.19 indicates that over 19.0% of current Diamond Fields price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.19 | |
| Spearman Rank Test | -0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Diamond Fields Resources lagged returns against current returns
Autocorrelation, which is Diamond Fields 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 Diamond Fields' pink sheet expected returns. We can calculate the autocorrelation of Diamond Fields returns to help us make a trade decision. For example, suppose you find that Diamond Fields 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 |
Diamond Fields 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 Diamond Fields pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Diamond Fields pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Diamond Fields pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Diamond Fields Lagged Returns
When evaluating Diamond Fields' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Diamond Fields pink sheet have on its future price. Diamond Fields 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, Diamond Fields autocorrelation shows the relationship between Diamond Fields pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Diamond Fields Resources.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Diamond Pink Sheet
Diamond Fields financial ratios help investors to determine whether Diamond 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 Diamond with respect to the benefits of owning Diamond Fields security.