Dios Exploration Stock Market Value
| DOS Stock | CAD 0.02 0.00 0.00% |
| Symbol | Dios |
Dios Exploration Price To Book Ratio
Dios Exploration '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 Dios Exploration'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 Dios Exploration.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Dios Exploration on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Dios Exploration or generate 0.0% return on investment in Dios Exploration over 30 days. Dios Exploration Inc. engages in the exploration and evaluation of mineral resource properties in Canada More
Dios Exploration 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 Dios Exploration'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 Dios Exploration upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 36.51 | |||
| Information Ratio | 0.0369 | |||
| Maximum Drawdown | 83.33 | |||
| Value At Risk | (33.33) | |||
| Potential Upside | 50.0 |
Dios Exploration Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dios Exploration's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dios Exploration's standard deviation. In reality, there are many statistical measures that can use Dios Exploration historical prices to predict the future Dios Exploration's volatility.| Risk Adjusted Performance | 0.0434 | |||
| Jensen Alpha | 0.7211 | |||
| Total Risk Alpha | (1.84) | |||
| Sortino Ratio | 0.0173 | |||
| Treynor Ratio | 3.26 |
Dios Exploration Backtested Returns
Dios Exploration is out of control given 3 months investment horizon. Dios Exploration secures Sharpe Ratio (or Efficiency) of 0.0784, which denotes the company had a 0.0784% return per unit of risk over the last 3 months. We were able to interpolate twenty-four different technical indicators, which can help you to evaluate if expected returns of 1.34% are justified by taking the suggested risk. Use Dios Exploration Coefficient Of Variation of 2264.44, mean deviation of 7.46, and Downside Deviation of 36.51 to evaluate company specific risk that cannot be diversified away. Dios Exploration holds a performance score of 6 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 0.23, which means not very significant fluctuations relative to the market. As returns on the market increase, Dios Exploration's returns are expected to increase less than the market. However, during the bear market, the loss of holding Dios Exploration is expected to be smaller as well. Use Dios Exploration sortino ratio and the relationship between the potential upside and day typical price , to analyze future returns on Dios Exploration.
Auto-correlation | 0.00 |
No correlation between past and present
Dios Exploration has no correlation between past and present. Overlapping area represents the amount of predictability between Dios Exploration time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th 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 Dios Exploration price movement. The serial correlation of 0.0 indicates that just 0.0% of current Dios Exploration price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | -0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Dios Exploration lagged returns against current returns
Autocorrelation, which is Dios Exploration 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 Dios Exploration's stock expected returns. We can calculate the autocorrelation of Dios Exploration returns to help us make a trade decision. For example, suppose you find that Dios Exploration 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 |
Dios Exploration 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 Dios Exploration stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dios Exploration stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dios Exploration stock over time.
Current vs Lagged Prices |
| Timeline |
Dios Exploration Lagged Returns
When evaluating Dios Exploration's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dios Exploration stock have on its future price. Dios Exploration 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, Dios Exploration autocorrelation shows the relationship between Dios Exploration stock current value and its past values and can show if there is a momentum factor associated with investing in Dios Exploration.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Dios Stock Analysis
When running Dios Exploration's price analysis, check to measure Dios Exploration'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 Dios Exploration is operating at the current time. Most of Dios Exploration's value examination focuses on studying past and present price action to predict the probability of Dios Exploration's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dios Exploration's price. Additionally, you may evaluate how the addition of Dios Exploration to your portfolios can decrease your overall portfolio volatility.