Deep Yellow Stock Market Value
| DYLLF Stock | USD 0.79 0.02 2.60% |
| Symbol | Deep |
Deep Yellow '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 Deep Yellow's otc 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 Deep Yellow.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Deep Yellow on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Deep Yellow or generate 0.0% return on investment in Deep Yellow over 30 days. Deep Yellow is related to or competes with Isoenergy, Bannerman Resources, Paladin Energy, Elevate Uranium, and Purepoint Uranium. Deep Yellow Limited, together with its subsidiaries, operates as a uranium exploration company in Namibia More
Deep Yellow 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 Deep Yellow's otc 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 Deep Yellow upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.54 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 17.77 | |||
| Value At Risk | (7.35) | |||
| Potential Upside | 6.25 |
Deep Yellow Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Deep Yellow's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Deep Yellow's standard deviation. In reality, there are many statistical measures that can use Deep Yellow historical prices to predict the future Deep Yellow's volatility.| Risk Adjusted Performance | 0.0194 | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.62) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0355 |
Deep Yellow Backtested Returns
Deep Yellow appears to be extremely dangerous, given 3 months investment horizon. Deep Yellow secures Sharpe Ratio (or Efficiency) of 0.0872, which denotes the company had a 0.0872% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for Deep Yellow, which you can use to evaluate the volatility of the firm. Please utilize Deep Yellow's Mean Deviation of 2.96, downside deviation of 4.54, and Semi Deviation of 3.7 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Deep Yellow holds a performance score of 6. The firm shows a Beta (market volatility) of 1.37, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Deep Yellow will likely underperform. Please check Deep Yellow's potential upside, rate of daily change, and the relationship between the sortino ratio and skewness , to make a quick decision on whether Deep Yellow's price patterns will revert.
Auto-correlation | 0.39 |
Below average predictability
Deep Yellow has below average predictability. Overlapping area represents the amount of predictability between Deep Yellow 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 Deep Yellow price movement. The serial correlation of 0.39 indicates that just about 39.0% of current Deep Yellow price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.39 | |
| Spearman Rank Test | -0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Deep Yellow lagged returns against current returns
Autocorrelation, which is Deep Yellow otc 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 Deep Yellow's otc stock expected returns. We can calculate the autocorrelation of Deep Yellow returns to help us make a trade decision. For example, suppose you find that Deep Yellow has exhibited high autocorrelation historically, and you observe that the otc 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 |
Deep Yellow 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 Deep Yellow otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Deep Yellow otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Deep Yellow otc stock over time.
Current vs Lagged Prices |
| Timeline |
Deep Yellow Lagged Returns
When evaluating Deep Yellow's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Deep Yellow otc stock have on its future price. Deep Yellow 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, Deep Yellow autocorrelation shows the relationship between Deep Yellow otc stock current value and its past values and can show if there is a momentum factor associated with investing in Deep Yellow.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Deep OTC Stock
Deep Yellow financial ratios help investors to determine whether Deep OTC Stock 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 Deep with respect to the benefits of owning Deep Yellow security.