Datametrex Ai Limited Stock Market Value
| DTMXF Stock | USD 0.01 0.0005 10.42% |
| Symbol | Datametrex |
Datametrex '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 Datametrex'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 Datametrex.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Datametrex on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Datametrex AI Limited or generate 0.0% return on investment in Datametrex over 30 days. Datametrex is related to or competes with Direct Communication, CSE Global, Appen, Appen, Capgemini, Hackett, and CSP. Datametrex AI Limited, together with its subsidiaries, provides collecting, analyzing, and presenting structured and uns... More
Datametrex 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 Datametrex'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 Datametrex AI Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 26.27 | |||
| Information Ratio | 0.1247 | |||
| Maximum Drawdown | 172.32 | |||
| Value At Risk | (46.55) | |||
| Potential Upside | 67.92 |
Datametrex Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Datametrex's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Datametrex's standard deviation. In reality, there are many statistical measures that can use Datametrex historical prices to predict the future Datametrex's volatility.| Risk Adjusted Performance | 0.1075 | |||
| Jensen Alpha | 4.07 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | 0.1541 | |||
| Treynor Ratio | 5.22 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Datametrex's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Datametrex AI Limited Backtested Returns
Datametrex is out of control given 3 months investment horizon. Datametrex AI Limited secures Sharpe Ratio (or Efficiency) of 0.13, which denotes the company had a 0.13% return per unit of risk over the last 3 months. We have analyzed and interpolated twenty-nine different technical indicators, which can help you to evaluate if expected returns of 4.21% are justified by taking the suggested risk. Use Datametrex Downside Deviation of 26.27, coefficient of variation of 780.77, and Mean Deviation of 20.79 to evaluate company specific risk that cannot be diversified away. Datametrex holds a performance score of 10 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 0.79, which means possible diversification benefits within a given portfolio. As returns on the market increase, Datametrex's returns are expected to increase less than the market. However, during the bear market, the loss of holding Datametrex is expected to be smaller as well. Use Datametrex value at risk, as well as the relationship between the skewness and day median price , to analyze future returns on Datametrex.
Auto-correlation | -0.24 |
Weak reverse predictability
Datametrex AI Limited has weak reverse predictability. Overlapping area represents the amount of predictability between Datametrex time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 Datametrex AI Limited price movement. The serial correlation of -0.24 indicates that over 24.0% of current Datametrex price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.24 | |
| Spearman Rank Test | 0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Datametrex AI Limited lagged returns against current returns
Autocorrelation, which is Datametrex 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 Datametrex's pink sheet expected returns. We can calculate the autocorrelation of Datametrex returns to help us make a trade decision. For example, suppose you find that Datametrex 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 |
Datametrex 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 Datametrex pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Datametrex pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Datametrex pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Datametrex Lagged Returns
When evaluating Datametrex's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Datametrex pink sheet have on its future price. Datametrex 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, Datametrex autocorrelation shows the relationship between Datametrex pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Datametrex AI Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Datametrex Pink Sheet
Datametrex financial ratios help investors to determine whether Datametrex 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 Datametrex with respect to the benefits of owning Datametrex security.