Dr Ing Hc Stock Market Value
| DRPRY Stock | 6.08 0.08 1.30% |
| Symbol | DRPRY |
Dr Ing '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 Dr Ing's 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 Dr Ing.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Dr Ing on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Dr Ing hc or generate 0.0% return on investment in Dr Ing over 30 days. Dr Ing is related to or competes with Copa Holdings, United Airlines, Delta Air, SkyWest, and Allegiant Travel. More
Dr Ing 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 Dr Ing's 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 Dr Ing hc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 10.95 | |||
| Value At Risk | (4.98) | |||
| Potential Upside | 3.53 |
Dr Ing Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dr Ing's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dr Ing's standard deviation. In reality, there are many statistical measures that can use Dr Ing historical prices to predict the future Dr Ing's volatility.| Risk Adjusted Performance | (0.10) | |||
| Jensen Alpha | (0.33) | |||
| Total Risk Alpha | (0.69) | |||
| Treynor Ratio | 25.07 |
Dr Ing hc Backtested Returns
Dr Ing hc retains Efficiency (Sharpe Ratio) of -0.15, which denotes the company had a -0.15% return per unit of price deviation over the last 3 months. Dr Ing exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dr Ing's Information Ratio of (0.20), standard deviation of 2.26, and Market Risk Adjusted Performance of 25.08 to check the risk estimate we provide. The firm owns a Beta (Systematic Risk) of -0.0134, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Dr Ing are expected to decrease at a much lower rate. During the bear market, Dr Ing is likely to outperform the market. At this point, Dr Ing hc has a negative expected return of -0.36%. Please make sure to confirm Dr Ing's jensen alpha, as well as the relationship between the kurtosis and price action indicator , to decide if Dr Ing hc performance from the past will be repeated in the future.
Auto-correlation | 0.61 |
Good predictability
Dr Ing hc has good predictability. Overlapping area represents the amount of predictability between Dr Ing time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th 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 Dr Ing hc price movement. The serial correlation of 0.61 indicates that roughly 61.0% of current Dr Ing price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.61 | |
| Spearman Rank Test | 0.6 | |
| Residual Average | 0.0 | |
| Price Variance | 0.08 |
Dr Ing hc lagged returns against current returns
Autocorrelation, which is Dr Ing 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 Dr Ing's pink sheet expected returns. We can calculate the autocorrelation of Dr Ing returns to help us make a trade decision. For example, suppose you find that Dr Ing 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 |
Dr Ing 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 Dr Ing pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dr Ing pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dr Ing pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Dr Ing Lagged Returns
When evaluating Dr Ing's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dr Ing pink sheet have on its future price. Dr Ing 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, Dr Ing autocorrelation shows the relationship between Dr Ing pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Dr Ing hc.
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 DRPRY Pink Sheet Analysis
When running Dr Ing's price analysis, check to measure Dr Ing'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 Dr Ing is operating at the current time. Most of Dr Ing's value examination focuses on studying past and present price action to predict the probability of Dr Ing's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dr Ing's price. Additionally, you may evaluate how the addition of Dr Ing to your portfolios can decrease your overall portfolio volatility.