Dreadnought Resources Stock Market Value
| DRDNF Stock | USD 0.03 0.00 0.00% |
| Symbol | Dreadnought |
Dreadnought 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 Dreadnought Resources' 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 Dreadnought Resources.
| 01/21/2025 |
| 01/16/2026 |
If you would invest 0.00 in Dreadnought Resources on January 21, 2025 and sell it all today you would earn a total of 0.00 from holding Dreadnought Resources or generate 0.0% return on investment in Dreadnought Resources over 360 days. Dreadnought Resources is related to or competes with Ninety One, RIT Capital, Thrivent High, Horizon Active, Global X, FT Cboe, and Knife River. More
Dreadnought 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 Dreadnought Resources' 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 Dreadnought Resources upside and downside potential and time the market with a certain degree of confidence.
Dreadnought Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dreadnought Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dreadnought Resources' standard deviation. In reality, there are many statistical measures that can use Dreadnought Resources historical prices to predict the future Dreadnought Resources' volatility.Dreadnought Resources Backtested Returns
We have found three technical indicators for Dreadnought Resources, which you can use to evaluate the volatility of the firm. The firm shows a Beta (market volatility) of 0.0, which means not very significant fluctuations relative to the market. the returns on MARKET and Dreadnought Resources are completely uncorrelated.
Auto-correlation | -0.29 |
Weak reverse predictability
Dreadnought Resources has weak reverse predictability. Overlapping area represents the amount of predictability between Dreadnought Resources time series from 21st of January 2025 to 20th of July 2025 and 20th of July 2025 to 16th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Dreadnought Resources price movement. The serial correlation of -0.29 indicates that nearly 29.0% of current Dreadnought Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.29 | |
| Spearman Rank Test | 0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Dreadnought Resources lagged returns against current returns
Autocorrelation, which is Dreadnought Resources 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 Dreadnought Resources' pink sheet expected returns. We can calculate the autocorrelation of Dreadnought Resources returns to help us make a trade decision. For example, suppose you find that Dreadnought Resources 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 |
Dreadnought 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 Dreadnought Resources pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dreadnought Resources pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dreadnought Resources pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Dreadnought Resources Lagged Returns
When evaluating Dreadnought Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dreadnought Resources pink sheet have on its future price. Dreadnought 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, Dreadnought Resources autocorrelation shows the relationship between Dreadnought Resources pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Dreadnought Resources.
Regressed Prices |
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Currently Active Assets on Macroaxis
Other Information on Investing in Dreadnought Pink Sheet
Dreadnought Resources financial ratios help investors to determine whether Dreadnought 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 Dreadnought with respect to the benefits of owning Dreadnought Resources security.