Dotz Nano (Australia) Market Value
| DTZ Stock | 0.09 0.01 6.00% |
| Symbol | Dotz |
Dotz Nano '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 Dotz Nano'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 Dotz Nano.
| 10/19/2024 |
| 12/18/2024 |
If you would invest 0.00 in Dotz Nano on October 19, 2024 and sell it all today you would earn a total of 0.00 from holding Dotz Nano or generate 0.0% return on investment in Dotz Nano over 60 days. Dotz Nano is related to or competes with Aneka Tambang, BHP Group, Rio Tinto, Macquarie Group, Westpac Banking, Australia, and ANZ Group. Dotz Nano is entity of Australia. It is traded as Stock on AU exchange. More
Dotz Nano 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 Dotz Nano'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 Dotz Nano upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.43 | |||
| Information Ratio | 0.0598 | |||
| Maximum Drawdown | 35.99 | |||
| Value At Risk | (7.07) | |||
| Potential Upside | 12.5 |
Dotz Nano Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dotz Nano's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dotz Nano's standard deviation. In reality, there are many statistical measures that can use Dotz Nano historical prices to predict the future Dotz Nano's volatility.| Risk Adjusted Performance | 0.0598 | |||
| Jensen Alpha | 0.514 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.0605 | |||
| Treynor Ratio | (0.38) |
Dotz Nano Backtested Returns
Currently, Dotz Nano is out of control. Dotz Nano secures Sharpe Ratio (or Efficiency) of 0.0197, which denotes the company had a 0.0197% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Dotz Nano, which you can use to evaluate the volatility of the firm. Please confirm Dotz Nano's Downside Deviation of 6.43, mean deviation of 4.23, and Coefficient Of Variation of 1424.29 to check if the risk estimate we provide is consistent with the expected return of 0.13%. Dotz Nano has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -1.17, which means a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Dotz Nano are expected to decrease by larger amounts. On the other hand, during market turmoil, Dotz Nano is expected to outperform it. Dotz Nano right now shows a risk of 6.64%. Please confirm Dotz Nano treynor ratio, value at risk, and the relationship between the sortino ratio and maximum drawdown , to decide if Dotz Nano will be following its price patterns.
Auto-correlation | -0.07 |
Very weak reverse predictability
Dotz Nano has very weak reverse predictability. Overlapping area represents the amount of predictability between Dotz Nano time series from 19th of October 2024 to 18th of November 2024 and 18th of November 2024 to 18th of December 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 Dotz Nano price movement. The serial correlation of -0.07 indicates that barely 7.0% of current Dotz Nano price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.07 | |
| Spearman Rank Test | 0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Dotz Nano lagged returns against current returns
Autocorrelation, which is Dotz Nano 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 Dotz Nano's stock expected returns. We can calculate the autocorrelation of Dotz Nano returns to help us make a trade decision. For example, suppose you find that Dotz Nano 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 |
Dotz Nano 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 Dotz Nano stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dotz Nano stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dotz Nano stock over time.
Current vs Lagged Prices |
| Timeline |
Dotz Nano Lagged Returns
When evaluating Dotz Nano's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dotz Nano stock have on its future price. Dotz Nano 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, Dotz Nano autocorrelation shows the relationship between Dotz Nano stock current value and its past values and can show if there is a momentum factor associated with investing in Dotz Nano.
Regressed Prices |
| Timeline |
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Additional Tools for Dotz Stock Analysis
When running Dotz Nano's price analysis, check to measure Dotz Nano'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 Dotz Nano is operating at the current time. Most of Dotz Nano's value examination focuses on studying past and present price action to predict the probability of Dotz Nano's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dotz Nano's price. Additionally, you may evaluate how the addition of Dotz Nano to your portfolios can decrease your overall portfolio volatility.