Dynaresource Inc Backtested Returns
Macroaxis considers Dynaresource to be extremely risky. Dynaresource Inc
secures Sharpe Ratio (or Efficiency) of -0.2132 which denotes Dynaresource Inc
had -0.2132% of return per unit of risk over the last 1 month. Macroaxis philosophy towards predicting risk of any stock is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators
. Dynaresource Inc exposes twenty-one different technical indicators
which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Dynaresource Inc Coefficient Of Variation
of (469.04) and Mean Deviation of 0.5785 to check risk estimate we provide. Macroaxis gives Dynaresource performance score of 0 on a scale of 0 to 100. The firm shows Beta (market volatility) of -0.0035 which denotes to the fact that as returns on market increase, returns on owning Dynaresource are expected to decrease at a much smaller rate. During bear market, Dynaresource is likely to outperform the market.. Even though it is essential to pay attention to Dynaresource Inc historical returns, it is always good to be careful when utilizing equity current trending patternss. Macroaxis philosophy towards predicting future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Dynaresource Inc exposes twenty-one different technical indicators which can help you to evaluate its performance. Dynaresource Inc has expected return of -0.303%. Please be advised to confirm Dynaresource Inc Coefficient Of Variation, Maximum Drawdown as well as the relationship between Maximum Drawdown and Skewness to decide if Dynaresource Inc past performance will be repeated at some point in the near future.
|15 days auto-correlation|| 92,233,720,368,547,760 |
Dynaresource Inc has perfect predictability. Overlapping area represents the amount of predictability between Dynaresource time series from September 18, 2017 to October 3, 2017 and October 3, 2017 to October 18, 2017. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Dynaresource Inc price movement. The serial correlation of 9.223372036854776E16 indicates that 9.223372036854776E16% of current Dynaresource price fluctuation can be explain by its past prices.
|Correlation Coefficient|| 9.223372036854776E16|
|Spearman Rank Test|| -0.4|
|Average Price|| 1.46|
|Lagged Average Price|| 1.5|
Dynaresource Lagged Returns