Kidoz Inc Stock Market Value
| KDOZF Stock | USD 0.10 0.07 233.33% |
| Symbol | Kidoz |
Kidoz '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 Kidoz'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 Kidoz.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Kidoz on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Kidoz Inc or generate 0.0% return on investment in Kidoz over 30 days. Kidoz is related to or competes with Marchex, and Emerald Expositions. Kidoz Inc. develops and sells AdTech software products in Western Europe Central, Eastern, and Southern Europe North Ame... More
Kidoz 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 Kidoz'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 Kidoz Inc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 66.85 | |||
| Information Ratio | 0.1789 | |||
| Maximum Drawdown | 422.73 | |||
| Value At Risk | (60.00) | |||
| Potential Upside | 175.0 |
Kidoz Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kidoz's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kidoz's standard deviation. In reality, there are many statistical measures that can use Kidoz historical prices to predict the future Kidoz's volatility.| Risk Adjusted Performance | 0.1484 | |||
| Jensen Alpha | 12.89 | |||
| Total Risk Alpha | 2.05 | |||
| Sortino Ratio | 0.1831 | |||
| Treynor Ratio | (2.63) |
Kidoz Inc Backtested Returns
Kidoz is out of control given 3 months investment horizon. Kidoz Inc has Sharpe Ratio of 0.16, which conveys that the firm had a 0.16% return per unit of risk over the last 3 months. We were able to analyze twenty-nine different technical indicators, which can help you to evaluate if expected returns of 8.72% are justified by taking the suggested risk. Use Kidoz Inc Downside Deviation of 66.85, risk adjusted performance of 0.1484, and Mean Deviation of 34.49 to evaluate company specific risk that cannot be diversified away. Kidoz holds a performance score of 12 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of -4.7, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Kidoz are expected to decrease by larger amounts. On the other hand, during market turmoil, Kidoz is expected to outperform it. Use Kidoz Inc jensen alpha and the relationship between the value at risk and day median price , to analyze future returns on Kidoz Inc.
Auto-correlation | -0.34 |
Poor reverse predictability
Kidoz Inc has poor reverse predictability. Overlapping area represents the amount of predictability between Kidoz time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th 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 Kidoz Inc price movement. The serial correlation of -0.34 indicates that nearly 34.0% of current Kidoz price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.34 | |
| Spearman Rank Test | -0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Kidoz Inc lagged returns against current returns
Autocorrelation, which is Kidoz 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 Kidoz's pink sheet expected returns. We can calculate the autocorrelation of Kidoz returns to help us make a trade decision. For example, suppose you find that Kidoz 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 |
Kidoz 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 Kidoz pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kidoz pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kidoz pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Kidoz Lagged Returns
When evaluating Kidoz's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kidoz pink sheet have on its future price. Kidoz 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, Kidoz autocorrelation shows the relationship between Kidoz pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Kidoz Inc.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Kidoz Pink Sheet
Kidoz financial ratios help investors to determine whether Kidoz 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 Kidoz with respect to the benefits of owning Kidoz security.