Destiny Media Technologies Stock Market Value
| DSY Stock | CAD 0.65 0.08 14.04% |
| Symbol | Destiny |
Destiny Media Techno Price To Book Ratio
Destiny Media '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 Destiny Media'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 Destiny Media.
| 12/02/2025 |
| 01/01/2026 |
If you would invest 0.00 in Destiny Media on December 2, 2025 and sell it all today you would earn a total of 0.00 from holding Destiny Media Technologies or generate 0.0% return on investment in Destiny Media over 30 days. Destiny Media is related to or competes with Wishpond Technologies. Destiny Media Technologies Inc., through its subsidiary, Destiny Software Productions Inc., develops and markets softwar... More
Destiny Media 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 Destiny Media'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 Destiny Media Technologies upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0682 | |||
| Maximum Drawdown | 103.94 | |||
| Value At Risk | (2.04) | |||
| Potential Upside | 29.09 |
Destiny Media Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Destiny Media's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Destiny Media's standard deviation. In reality, there are many statistical measures that can use Destiny Media historical prices to predict the future Destiny Media's volatility.| Risk Adjusted Performance | 0.0611 | |||
| Jensen Alpha | 0.9175 | |||
| Total Risk Alpha | (0.16) | |||
| Treynor Ratio | (7.85) |
Destiny Media Techno Backtested Returns
Destiny Media appears to be out of control, given 3 months investment horizon. Destiny Media Techno secures Sharpe Ratio (or Efficiency) of 0.072, which denotes the company had a 0.072 % return per unit of risk over the last 3 months. By reviewing Destiny Media's technical indicators, you can evaluate if the expected return of 0.93% is justified by implied risk. Please utilize Destiny Media's Mean Deviation of 4.85, variance of 155.49, and Standard Deviation of 12.47 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Destiny Media holds a performance score of 5. The firm shows a Beta (market volatility) of -0.12, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Destiny Media are expected to decrease at a much lower rate. During the bear market, Destiny Media is likely to outperform the market. Please check Destiny Media's total risk alpha, kurtosis, as well as the relationship between the Kurtosis and price action indicator , to make a quick decision on whether Destiny Media's price patterns will revert.
Auto-correlation | 0.00 |
No correlation between past and present
Destiny Media Technologies has no correlation between past and present. Overlapping area represents the amount of predictability between Destiny Media time series from 2nd of December 2025 to 17th of December 2025 and 17th of December 2025 to 1st 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 Destiny Media Techno price movement. The serial correlation of 0.0 indicates that just 0.0% of current Destiny Media price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | -0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Destiny Media Techno lagged returns against current returns
Autocorrelation, which is Destiny Media 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 Destiny Media's stock expected returns. We can calculate the autocorrelation of Destiny Media returns to help us make a trade decision. For example, suppose you find that Destiny Media 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 |
Destiny Media 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 Destiny Media stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Destiny Media stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Destiny Media stock over time.
Current vs Lagged Prices |
| Timeline |
Destiny Media Lagged Returns
When evaluating Destiny Media's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Destiny Media stock have on its future price. Destiny Media 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, Destiny Media autocorrelation shows the relationship between Destiny Media stock current value and its past values and can show if there is a momentum factor associated with investing in Destiny Media Technologies.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Destiny Stock Analysis
When running Destiny Media's price analysis, check to measure Destiny Media'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 Destiny Media is operating at the current time. Most of Destiny Media's value examination focuses on studying past and present price action to predict the probability of Destiny Media's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Destiny Media's price. Additionally, you may evaluate how the addition of Destiny Media to your portfolios can decrease your overall portfolio volatility.