Dna Brands Stock Market Value
| DNAX Stock | USD 0.0001 0.00 0.00% |
| Symbol | DNA |
DNA Brands '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 DNA Brands' 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 DNA Brands.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in DNA Brands on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding DNA Brands or generate 0.0% return on investment in DNA Brands over 30 days. DNA Brands is related to or competes with Keurig Dr, Zevia Pbc, Vita Coco, and National Beverage. It offers products in various flavors, such as cellular citrus zero sugar, cellular citrus, cryo berry, and molecular me... More
DNA Brands 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 DNA Brands' 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 DNA Brands upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 52.7 | |||
| Information Ratio | 0.1426 | |||
| Maximum Drawdown | 150.0 | |||
| Value At Risk | (50.00) | |||
| Potential Upside | 100.0 |
DNA Brands Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for DNA Brands' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as DNA Brands' standard deviation. In reality, there are many statistical measures that can use DNA Brands historical prices to predict the future DNA Brands' volatility.| Risk Adjusted Performance | 0.1214 | |||
| Jensen Alpha | 5.0 | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | 0.1126 | |||
| Treynor Ratio | 0.663 |
DNA Brands Backtested Returns
DNA Brands is out of control given 3 months investment horizon. DNA Brands retains Efficiency (Sharpe Ratio) of 0.14, which denotes the company had a 0.14% return per unit of risk over the last 3 months. We were able to analyze twenty-four different technical indicators, which can help you to evaluate if expected returns of 5.38% are justified by taking the suggested risk. Use DNA Brands Coefficient Of Variation of 686.67, downside deviation of 52.7, and Market Risk Adjusted Performance of 0.673 to evaluate company specific risk that cannot be diversified away. DNA Brands holds a performance score of 10 on a scale of zero to a hundred. The firm owns a Beta (Systematic Risk) of 9.13, 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, DNA Brands will likely underperform. Use DNA Brands variance and the relationship between the treynor ratio and day median price , to analyze future returns on DNA Brands.
Auto-correlation | -0.21 |
Weak reverse predictability
DNA Brands has weak reverse predictability. Overlapping area represents the amount of predictability between DNA Brands time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th 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 DNA Brands price movement. The serial correlation of -0.21 indicates that over 21.0% of current DNA Brands price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.21 | |
| Spearman Rank Test | 0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
DNA Brands lagged returns against current returns
Autocorrelation, which is DNA Brands 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 DNA Brands' pink sheet expected returns. We can calculate the autocorrelation of DNA Brands returns to help us make a trade decision. For example, suppose you find that DNA Brands 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 |
DNA Brands 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 DNA Brands pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if DNA Brands pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in DNA Brands pink sheet over time.
Current vs Lagged Prices |
| Timeline |
DNA Brands Lagged Returns
When evaluating DNA Brands' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of DNA Brands pink sheet have on its future price. DNA Brands 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, DNA Brands autocorrelation shows the relationship between DNA Brands pink sheet current value and its past values and can show if there is a momentum factor associated with investing in DNA Brands.
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.Additional Tools for DNA Pink Sheet Analysis
When running DNA Brands' price analysis, check to measure DNA Brands' 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 DNA Brands is operating at the current time. Most of DNA Brands' value examination focuses on studying past and present price action to predict the probability of DNA Brands' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DNA Brands' price. Additionally, you may evaluate how the addition of DNA Brands to your portfolios can decrease your overall portfolio volatility.