Digital Uts Ventures Stock Market Value
| DUTV Stock | USD 0.01 0 10.10% |
| Symbol | Digital |
Digital Uts '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 Digital Uts' 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 Digital Uts.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Digital Uts on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Digital Uts Ventures or generate 0.0% return on investment in Digital Uts over 30 days. Digital Uts is related to or competes with CbdMD, Evolus, Akanda Corp, Biofrontera, Collegium Pharmaceutical, ANI Pharmaceuticals, and INC Research. Digital Utilities Ventures, Inc., through its wholly owned subsidiary, Torq Communications, Inc., provides real time vid... More
Digital Uts 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 Digital Uts' 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 Digital Uts Ventures upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 11.02 | |||
| Information Ratio | 0.0851 | |||
| Maximum Drawdown | 55.28 | |||
| Value At Risk | (14.44) | |||
| Potential Upside | 18.42 |
Digital Uts Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Digital Uts' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Digital Uts' standard deviation. In reality, there are many statistical measures that can use Digital Uts historical prices to predict the future Digital Uts' volatility.| Risk Adjusted Performance | 0.0837 | |||
| Jensen Alpha | 1.19 | |||
| Total Risk Alpha | (0.79) | |||
| Sortino Ratio | 0.0864 | |||
| Treynor Ratio | (1.28) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Digital Uts' 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.
Digital Uts Ventures Backtested Returns
Digital Uts is out of control given 3 months investment horizon. Digital Uts Ventures secures Sharpe Ratio (or Efficiency) of 0.096, which denotes the company had a 0.096% return per unit of risk over the last 3 months. We were able to interpolate and analyze data for thirty different technical indicators, which can help you to evaluate if expected returns of 1.08% are justified by taking the suggested risk. Use Digital Uts Downside Deviation of 11.02, coefficient of variation of 1027.07, and Mean Deviation of 7.23 to evaluate company specific risk that cannot be diversified away. Digital Uts holds a performance score of 7 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -0.84, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Digital Uts are expected to decrease at a much lower rate. During the bear market, Digital Uts is likely to outperform the market. Use Digital Uts total risk alpha and the relationship between the downside variance and period momentum indicator , to analyze future returns on Digital Uts.
Auto-correlation | 0.39 |
Below average predictability
Digital Uts Ventures has below average predictability. Overlapping area represents the amount of predictability between Digital Uts time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 Digital Uts Ventures price movement. The serial correlation of 0.39 indicates that just about 39.0% of current Digital Uts price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.39 | |
| Spearman Rank Test | 0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Digital Uts Ventures lagged returns against current returns
Autocorrelation, which is Digital Uts 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 Digital Uts' pink sheet expected returns. We can calculate the autocorrelation of Digital Uts returns to help us make a trade decision. For example, suppose you find that Digital Uts 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 |
Digital Uts 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 Digital Uts pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Digital Uts pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Digital Uts pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Digital Uts Lagged Returns
When evaluating Digital Uts' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Digital Uts pink sheet have on its future price. Digital Uts 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, Digital Uts autocorrelation shows the relationship between Digital Uts pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Digital Uts Ventures.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Digital Pink Sheet Analysis
When running Digital Uts' price analysis, check to measure Digital Uts' 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 Digital Uts is operating at the current time. Most of Digital Uts' value examination focuses on studying past and present price action to predict the probability of Digital Uts' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Digital Uts' price. Additionally, you may evaluate how the addition of Digital Uts to your portfolios can decrease your overall portfolio volatility.