Dlp Resources Stock Market Value
| DLPRF Stock | USD 0.12 0.00 0.00% |
| Symbol | DLP |
DLP Resources '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 DLP Resources' otc 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 DLP Resources.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in DLP Resources on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding DLP Resources or generate 0.0% return on investment in DLP Resources over 30 days. DLP Resources is related to or competes with Ameriwest Lithium, and Osisko Metals. DLP Resources Inc., a mineral exploration company, engages in the acquisition, exploration, and development of mineral p... More
DLP Resources 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 DLP Resources' otc 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 DLP Resources upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 26.32 |
DLP Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for DLP Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as DLP Resources' standard deviation. In reality, there are many statistical measures that can use DLP Resources historical prices to predict the future DLP Resources' volatility.| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (0.65) | |||
| Total Risk Alpha | (1.20) | |||
| Treynor Ratio | (3.06) |
DLP Resources Backtested Returns
DLP Resources secures Sharpe Ratio (or Efficiency) of -0.17, which denotes the company had a -0.17% return per unit of risk over the last 3 months. DLP Resources exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm DLP Resources' Coefficient Of Variation of (595.26), standard deviation of 3.66, and Mean Deviation of 1.19 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.2, which means not very significant fluctuations relative to the market. As returns on the market increase, DLP Resources' returns are expected to increase less than the market. However, during the bear market, the loss of holding DLP Resources is expected to be smaller as well. At this point, DLP Resources has a negative expected return of -0.63%. Please make sure to confirm DLP Resources' information ratio and kurtosis , to decide if DLP Resources performance from the past will be repeated in the future.
Auto-correlation | 0.00 |
No correlation between past and present
DLP Resources has no correlation between past and present. Overlapping area represents the amount of predictability between DLP Resources time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th 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 DLP Resources price movement. The serial correlation of 0.0 indicates that just 0.0% of current DLP Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
DLP Resources lagged returns against current returns
Autocorrelation, which is DLP Resources otc 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 DLP Resources' otc stock expected returns. We can calculate the autocorrelation of DLP Resources returns to help us make a trade decision. For example, suppose you find that DLP Resources has exhibited high autocorrelation historically, and you observe that the otc 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 |
DLP Resources 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 DLP Resources otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if DLP Resources otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in DLP Resources otc stock over time.
Current vs Lagged Prices |
| Timeline |
DLP Resources Lagged Returns
When evaluating DLP Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of DLP Resources otc stock have on its future price. DLP Resources 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, DLP Resources autocorrelation shows the relationship between DLP Resources otc stock current value and its past values and can show if there is a momentum factor associated with investing in DLP Resources.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in DLP OTC Stock
DLP Resources financial ratios help investors to determine whether DLP OTC 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 DLP with respect to the benefits of owning DLP Resources security.