Dubber Corp (Australia) Market Value
| DUB Stock | 0.02 0 11.11% |
| Symbol | Dubber |
Dubber Corp '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 Dubber Corp'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 Dubber Corp.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Dubber Corp on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Dubber Corp or generate 0.0% return on investment in Dubber Corp over 30 days. Dubber Corp is related to or competes with Audio Pixels, and Chalice Mining. Dubber Corp is entity of Australia. It is traded as Stock on AU exchange. More
Dubber Corp 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 Dubber Corp'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 Dubber Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 65.23 | |||
| Value At Risk | (11.76) | |||
| Potential Upside | 11.76 |
Dubber Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dubber Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dubber Corp's standard deviation. In reality, there are many statistical measures that can use Dubber Corp historical prices to predict the future Dubber Corp's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.32) | |||
| Total Risk Alpha | (1.97) | |||
| Treynor Ratio | 0.8021 |
Dubber Corp Backtested Returns
Dubber Corp secures Sharpe Ratio (or Efficiency) of -0.0385, which denotes the company had a -0.0385% return per unit of standard deviation over the last 3 months. Dubber Corp exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dubber Corp's Standard Deviation of 9.56, mean deviation of 5.96, and Coefficient Of Variation of (2,595) to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.47, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Dubber Corp are expected to decrease at a much lower rate. During the bear market, Dubber Corp is likely to outperform the market. At this point, Dubber Corp has a negative expected return of -0.37%. Please make sure to confirm Dubber Corp's market risk adjusted performance, coefficient of variation, jensen alpha, as well as the relationship between the mean deviation and standard deviation , to decide if Dubber Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.28 |
Weak reverse predictability
Dubber Corp has weak reverse predictability. Overlapping area represents the amount of predictability between Dubber Corp time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st 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 Dubber Corp price movement. The serial correlation of -0.28 indicates that nearly 28.0% of current Dubber Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.28 | |
| Spearman Rank Test | 0.59 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Dubber Corp lagged returns against current returns
Autocorrelation, which is Dubber Corp 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 Dubber Corp's stock expected returns. We can calculate the autocorrelation of Dubber Corp returns to help us make a trade decision. For example, suppose you find that Dubber Corp 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 |
Dubber Corp 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 Dubber Corp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dubber Corp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dubber Corp stock over time.
Current vs Lagged Prices |
| Timeline |
Dubber Corp Lagged Returns
When evaluating Dubber Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dubber Corp stock have on its future price. Dubber Corp 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, Dubber Corp autocorrelation shows the relationship between Dubber Corp stock current value and its past values and can show if there is a momentum factor associated with investing in Dubber Corp.
Regressed Prices |
| Timeline |
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Additional Tools for Dubber Stock Analysis
When running Dubber Corp's price analysis, check to measure Dubber Corp'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 Dubber Corp is operating at the current time. Most of Dubber Corp's value examination focuses on studying past and present price action to predict the probability of Dubber Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dubber Corp's price. Additionally, you may evaluate how the addition of Dubber Corp to your portfolios can decrease your overall portfolio volatility.