Duo World Stock Market Value
| DUUO Stock | USD 0.0001 0.00 0.00% |
| Symbol | Duo |
Duo World '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 Duo World'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 Duo World.
| 01/04/2025 |
| 02/03/2025 |
If you would invest 0.00 in Duo World on January 4, 2025 and sell it all today you would earn a total of 0.00 from holding Duo World or generate 0.0% return on investment in Duo World over 30 days. Duo World is related to or competes with Esker SA. Duo World, Inc., an information technology and software solutions company, provides customer life cycle management, cust... More
Duo World 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 Duo World'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 Duo World upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 50.0 |
Duo World Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Duo World's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Duo World's standard deviation. In reality, there are many statistical measures that can use Duo World historical prices to predict the future Duo World's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.80) | |||
| Total Risk Alpha | (1.27) | |||
| Treynor Ratio | (1.61) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Duo World'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.
Duo World Backtested Returns
Duo World secures Sharpe Ratio (or Efficiency) of -0.12, which denotes the company had a -0.12 % return per unit of risk over the last 3 months. Duo World exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Duo World's Variance of 37.88, standard deviation of 6.15, and Mean Deviation of 1.49 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.48, which means possible diversification benefits within a given portfolio. As returns on the market increase, Duo World's returns are expected to increase less than the market. However, during the bear market, the loss of holding Duo World is expected to be smaller as well. At this point, Duo World has a negative expected return of -0.78%. Please make sure to confirm Duo World's variance and kurtosis , to decide if Duo World performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.00 |
No correlation between past and present
Duo World has no correlation between past and present. Overlapping area represents the amount of predictability between Duo World time series from 4th of January 2025 to 19th of January 2025 and 19th of January 2025 to 3rd of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Duo World price movement. The serial correlation of 0.0 indicates that just 0.0% of current Duo World price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Duo World lagged returns against current returns
Autocorrelation, which is Duo World 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 Duo World's pink sheet expected returns. We can calculate the autocorrelation of Duo World returns to help us make a trade decision. For example, suppose you find that Duo World 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 |
Duo World 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 Duo World pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Duo World pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Duo World pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Duo World Lagged Returns
When evaluating Duo World's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Duo World pink sheet have on its future price. Duo World 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, Duo World autocorrelation shows the relationship between Duo World pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Duo World.
Regressed Prices |
| Timeline |
Pair Trading with Duo World
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Duo World position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Duo World will appreciate offsetting losses from the drop in the long position's value.Moving together with Duo Pink Sheet
Moving against Duo Pink Sheet
| 0.75 | JPHLF | Japan Post Holdings | PairCorr |
| 0.7 | SAP | SAP SE ADR | PairCorr |
| 0.7 | SAPGF | SAP SE | PairCorr |
| 0.63 | MBFJF | Mitsubishi UFJ Financial Earnings Call Today | PairCorr |
| 0.4 | CHKP | Check Point Software Earnings Call Tomorrow | PairCorr |
The ability to find closely correlated positions to Duo World could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Duo World when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Duo World - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Duo World to buy it.
The correlation of Duo World is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Duo World moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Duo World moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Duo World can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Duo Pink Sheet
Duo World financial ratios help investors to determine whether Duo 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 Duo with respect to the benefits of owning Duo World security.