Dexterra Group Stock Market Value
| HZNOF Stock | USD 4.94 0.30 6.47% |
| Symbol | Dexterra |
Dexterra '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 Dexterra'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 Dexterra.
| 05/30/2024 |
| 11/26/2024 |
If you would invest 0.00 in Dexterra on May 30, 2024 and sell it all today you would earn a total of 0.00 from holding Dexterra Group or generate 0.0% return on investment in Dexterra over 180 days. Dexterra is related to or competes with Intertek Group, DATA Communications, Mitie Group, and Teleperformance. Dexterra Group Inc. provides support services for the creation, management, and operation of infrastructure in Canada More
Dexterra 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 Dexterra'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 Dexterra Group upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 11.87 | |||
| Value At Risk | (0.22) | |||
| Potential Upside | 1.83 |
Dexterra Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dexterra's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dexterra's standard deviation. In reality, there are many statistical measures that can use Dexterra historical prices to predict the future Dexterra's volatility.| Risk Adjusted Performance | 0.0648 | |||
| Jensen Alpha | 0.0898 | |||
| Total Risk Alpha | (0.12) | |||
| Treynor Ratio | 0.7981 |
Dexterra Group Backtested Returns
At this point, Dexterra is somewhat reliable. Dexterra Group secures Sharpe Ratio (or Efficiency) of 0.0644, which denotes the company had a 0.0644% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Dexterra Group, which you can use to evaluate the volatility of the firm. Please confirm Dexterra's Mean Deviation of 0.5586, standard deviation of 1.47, and Variance of 2.17 to check if the risk estimate we provide is consistent with the expected return of 0.0953%. Dexterra has a performance score of 5 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.13, which means not very significant fluctuations relative to the market. As returns on the market increase, Dexterra's returns are expected to increase less than the market. However, during the bear market, the loss of holding Dexterra is expected to be smaller as well. Dexterra Group right now shows a risk of 1.48%. Please confirm Dexterra Group value at risk, accumulation distribution, as well as the relationship between the Accumulation Distribution and day typical price , to decide if Dexterra Group will be following its price patterns.
Auto-correlation | -0.49 |
Modest reverse predictability
Dexterra Group has modest reverse predictability. Overlapping area represents the amount of predictability between Dexterra time series from 30th of May 2024 to 28th of August 2024 and 28th of August 2024 to 26th 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 Dexterra Group price movement. The serial correlation of -0.49 indicates that about 49.0% of current Dexterra price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.49 | |
| Spearman Rank Test | -0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Dexterra Group lagged returns against current returns
Autocorrelation, which is Dexterra 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 Dexterra's pink sheet expected returns. We can calculate the autocorrelation of Dexterra returns to help us make a trade decision. For example, suppose you find that Dexterra 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 |
Dexterra 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 Dexterra pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dexterra pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dexterra pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Dexterra Lagged Returns
When evaluating Dexterra's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dexterra pink sheet have on its future price. Dexterra 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, Dexterra autocorrelation shows the relationship between Dexterra pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Dexterra Group.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Dexterra Pink Sheet
Dexterra financial ratios help investors to determine whether Dexterra 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 Dexterra with respect to the benefits of owning Dexterra security.