Dynaresource Stock Market Value
DYNR Stock | USD 1.74 0.02 1.16% |
Symbol | Dynaresource |
Dynaresource '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 Dynaresource'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 Dynaresource.
01/25/2024 |
| 04/24/2024 |
If you would invest 0.00 in Dynaresource on January 25, 2024 and sell it all today you would earn a total of 0.00 from holding Dynaresource or generate 0.0% return on investment in Dynaresource over 90 days. Dynaresource is related to or competes with Covalon Technologies, Mosaic Immunoengineerin, and Cellectis. DynaResource, Inc. acquires, invests in, explores, and develops precious and base metal properties in the United States More
Dynaresource 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 Dynaresource'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 Dynaresource upside and downside potential and time the market with a certain degree of confidence.
Information Ratio | (0.04) | |||
Maximum Drawdown | 22.55 | |||
Value At Risk | (7.39) | |||
Potential Upside | 7.36 |
Dynaresource Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dynaresource's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dynaresource's standard deviation. In reality, there are many statistical measures that can use Dynaresource historical prices to predict the future Dynaresource's volatility.Risk Adjusted Performance | (0) | |||
Jensen Alpha | (0.02) | |||
Total Risk Alpha | (0.61) | |||
Treynor Ratio | 0.1027 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Dynaresource'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.
Dynaresource Backtested Returns
We consider Dynaresource dangerous. Dynaresource secures Sharpe Ratio (or Efficiency) of 0.0244, which denotes the company had a 0.0244% return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Dynaresource, which you can use to evaluate the volatility of the firm. Please confirm Dynaresource's Mean Deviation of 2.3, variance of 17.03, and Standard Deviation of 4.13 to check if the risk estimate we provide is consistent with the expected return of 0.1%. Dynaresource has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.76, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Dynaresource are expected to decrease at a much lower rate. During the bear market, Dynaresource is likely to outperform the market. Dynaresource right now shows a risk of 4.14%. Please confirm Dynaresource variance, skewness, as well as the relationship between the Skewness and price action indicator , to decide if Dynaresource will be following its price patterns.
Auto-correlation | -0.7 |
Very good reverse predictability
Dynaresource has very good reverse predictability. Overlapping area represents the amount of predictability between Dynaresource time series from 25th of January 2024 to 10th of March 2024 and 10th of March 2024 to 24th of April 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 Dynaresource price movement. The serial correlation of -0.7 indicates that around 70.0% of current Dynaresource price fluctuation can be explain by its past prices.
Correlation Coefficient | -0.7 | |
Spearman Rank Test | -0.69 | |
Residual Average | 0.0 | |
Price Variance | 0.01 |
Dynaresource lagged returns against current returns
Autocorrelation, which is Dynaresource 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 Dynaresource's pink sheet expected returns. We can calculate the autocorrelation of Dynaresource returns to help us make a trade decision. For example, suppose you find that Dynaresource 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 |
Dynaresource 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 Dynaresource pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dynaresource pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dynaresource pink sheet over time.
Current vs Lagged Prices |
Timeline |
Dynaresource Lagged Returns
When evaluating Dynaresource's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dynaresource pink sheet have on its future price. Dynaresource 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, Dynaresource autocorrelation shows the relationship between Dynaresource pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Dynaresource.
Regressed Prices |
Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Dynaresource in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Dynaresource's short interest history, or implied volatility extrapolated from Dynaresource options trading.
Pair Trading with Dynaresource
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 Dynaresource 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 Dynaresource will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Dynaresource could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dynaresource 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 Dynaresource - 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 Dynaresource to buy it.
The correlation of Dynaresource 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 Dynaresource moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dynaresource 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 Dynaresource 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.Check out Dynaresource Correlation, Dynaresource Volatility and Dynaresource Alpha and Beta module to complement your research on Dynaresource. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Complementary Tools for Dynaresource Pink Sheet analysis
When running Dynaresource's price analysis, check to measure Dynaresource's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Dynaresource is operating at the current time. Most of Dynaresource's value examination focuses on studying past and present price action to predict the probability of Dynaresource's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dynaresource's price. Additionally, you may evaluate how the addition of Dynaresource to your portfolios can decrease your overall portfolio volatility.
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Dynaresource technical pink sheet analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, pink sheet market cycles, or different charting patterns.