Dream Unlimited Corp Stock Market Value
| DRM Stock | CAD 25.37 0.41 1.59% |
| Symbol | Dream |
Dream Unlimited Corp Price To Book Ratio
Dream Unlimited '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 Dream Unlimited'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 Dream Unlimited.
| 12/29/2023 |
| 11/23/2024 |
If you would invest 0.00 in Dream Unlimited on December 29, 2023 and sell it all today you would earn a total of 0.00 from holding Dream Unlimited Corp or generate 0.0% return on investment in Dream Unlimited over 330 days. Dream Unlimited is related to or competes with Andlauer Healthcare, Colliers International, Stingray, and Quarterhill. Dream Unlimited Corp. formerly known as Dundee Realty Corporation is a real estate investment firm More
Dream Unlimited 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 Dream Unlimited'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 Dream Unlimited Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.31 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 12.54 | |||
| Value At Risk | (3.43) | |||
| Potential Upside | 3.65 |
Dream Unlimited Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dream Unlimited's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dream Unlimited's standard deviation. In reality, there are many statistical measures that can use Dream Unlimited historical prices to predict the future Dream Unlimited's volatility.| Risk Adjusted Performance | 0.0072 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.37) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | (0.04) |
Dream Unlimited Corp Backtested Returns
Dream Unlimited Corp secures Sharpe Ratio (or Efficiency) of -0.0519, which denotes the company had a -0.0519% return per unit of standard deviation over the last 3 months. Dream Unlimited Corp exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dream Unlimited's Downside Deviation of 2.31, semi deviation of 2.23, and Mean Deviation of 1.72 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.18, which means not very significant fluctuations relative to the market. As returns on the market increase, Dream Unlimited's returns are expected to increase less than the market. However, during the bear market, the loss of holding Dream Unlimited is expected to be smaller as well. At this point, Dream Unlimited Corp has a negative expected return of -0.11%. Please make sure to confirm Dream Unlimited's potential upside, rate of daily change, and the relationship between the sortino ratio and skewness , to decide if Dream Unlimited Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.9 |
Excellent reverse predictability
Dream Unlimited Corp has excellent reverse predictability. Overlapping area represents the amount of predictability between Dream Unlimited time series from 29th of December 2023 to 11th of June 2024 and 11th of June 2024 to 23rd 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 Dream Unlimited Corp price movement. The serial correlation of -0.9 indicates that approximately 90.0% of current Dream Unlimited price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.9 | |
| Spearman Rank Test | -0.56 | |
| Residual Average | 0.0 | |
| Price Variance | 24.17 |
Dream Unlimited Corp lagged returns against current returns
Autocorrelation, which is Dream Unlimited 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 Dream Unlimited's stock expected returns. We can calculate the autocorrelation of Dream Unlimited returns to help us make a trade decision. For example, suppose you find that Dream Unlimited 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 |
Dream Unlimited 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 Dream Unlimited stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dream Unlimited stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dream Unlimited stock over time.
Current vs Lagged Prices |
| Timeline |
Dream Unlimited Lagged Returns
When evaluating Dream Unlimited's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dream Unlimited stock have on its future price. Dream Unlimited 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, Dream Unlimited autocorrelation shows the relationship between Dream Unlimited stock current value and its past values and can show if there is a momentum factor associated with investing in Dream Unlimited Corp.
Regressed Prices |
| Timeline |
Other Information on Investing in Dream Stock
Dream Unlimited financial ratios help investors to determine whether Dream 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 Dream with respect to the benefits of owning Dream Unlimited security.