Dmg Blockchain's market value is the price at which a share of Dmg Blockchain trades on a public exchange. It measures the collective expectations of Dmg Blockchain Solutions investors about its performance. Dmg Blockchain is trading at 0.26 as of the 1st of February 2025. This is a 8.33 percent increase since the beginning of the trading day. The stock's lowest day price was 0.25. With this module, you can estimate the performance of a buy and hold strategy of Dmg Blockchain Solutions and determine expected loss or profit from investing in Dmg Blockchain over a given investment horizon. Check out Dmg Blockchain Correlation, Dmg Blockchain Volatility and Dmg Blockchain Alpha and Beta module to complement your research on Dmg Blockchain.
Please note, there is a significant difference between Dmg Blockchain's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dmg Blockchain is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dmg Blockchain'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.
Dmg Blockchain '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 Dmg Blockchain's 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 Dmg Blockchain.
0.00
01/02/2025
No Change 0.00
0.0
In 30 days
02/01/2025
0.00
If you would invest 0.00 in Dmg Blockchain on January 2, 2025 and sell it all today you would earn a total of 0.00 from holding Dmg Blockchain Solutions or generate 0.0% return on investment in Dmg Blockchain over 30 days. Dmg Blockchain is related to or competes with Galaxy Digital, Neptune Digital, Argo Blockchain, Cypherpunk Holdings, DeFi Technologies, Bitfarms, and BIG Blockchain. DMG Blockchain Solutions Inc. operates as a blockchain and cryptocurrency company in Canada More
Dmg Blockchain 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 Dmg Blockchain's 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 Dmg Blockchain Solutions upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dmg Blockchain's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dmg Blockchain's standard deviation. In reality, there are many statistical measures that can use Dmg Blockchain historical prices to predict the future Dmg Blockchain's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Dmg Blockchain. Your research has to be compared to or analyzed against Dmg Blockchain's peers to derive any actionable benefits. When done correctly, Dmg Blockchain's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Dmg Blockchain Solutions.
Dmg Blockchain Solutions Backtested Returns
Dmg Blockchain Solutions secures Sharpe Ratio (or Efficiency) of -0.0371, which denotes the company had a -0.0371 % return per unit of risk over the last 3 months. Dmg Blockchain Solutions exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dmg Blockchain's Standard Deviation of 7.29, variance of 53.07, and Mean Deviation of 5.36 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.41, which means possible diversification benefits within a given portfolio. As returns on the market increase, Dmg Blockchain's returns are expected to increase less than the market. However, during the bear market, the loss of holding Dmg Blockchain is expected to be smaller as well. At this point, Dmg Blockchain Solutions has a negative expected return of -0.26%. Please make sure to confirm Dmg Blockchain's information ratio, skewness, day typical price, as well as the relationship between the treynor ratio and daily balance of power , to decide if Dmg Blockchain Solutions performance from the past will be repeated at some point in the near future.
Auto-correlation
0.44
Average predictability
Dmg Blockchain Solutions has average predictability. Overlapping area represents the amount of predictability between Dmg Blockchain time series from 2nd of January 2025 to 17th of January 2025 and 17th of January 2025 to 1st of February 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 Dmg Blockchain Solutions price movement. The serial correlation of 0.44 indicates that just about 44.0% of current Dmg Blockchain price fluctuation can be explain by its past prices.
Correlation Coefficient
0.44
Spearman Rank Test
0.52
Residual Average
0.0
Price Variance
0.0
Dmg Blockchain Solutions lagged returns against current returns
Autocorrelation, which is Dmg Blockchain 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 Dmg Blockchain's otc stock expected returns. We can calculate the autocorrelation of Dmg Blockchain returns to help us make a trade decision. For example, suppose you find that Dmg Blockchain 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
Dmg Blockchain 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 Dmg Blockchain otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dmg Blockchain otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dmg Blockchain otc stock over time.
Current vs Lagged Prices
Timeline
Dmg Blockchain Lagged Returns
When evaluating Dmg Blockchain's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dmg Blockchain otc stock have on its future price. Dmg Blockchain 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, Dmg Blockchain autocorrelation shows the relationship between Dmg Blockchain otc stock current value and its past values and can show if there is a momentum factor associated with investing in Dmg Blockchain Solutions.
Dmg Blockchain financial ratios help investors to determine whether Dmg 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 Dmg with respect to the benefits of owning Dmg Blockchain security.