Cloud Dx Stock Market Value

CDXFF Stock  USD 0.08  0.00  0.00%   
Cloud DX's market value is the price at which a share of Cloud DX trades on a public exchange. It measures the collective expectations of Cloud DX investors about its performance. Cloud DX is trading at 0.084 as of the 2nd of December 2024. This is a No Change since the beginning of the trading day. The stock's lowest day price was 0.084.
With this module, you can estimate the performance of a buy and hold strategy of Cloud DX and determine expected loss or profit from investing in Cloud DX over a given investment horizon. Check out Cloud DX Correlation, Cloud DX Volatility and Cloud DX Alpha and Beta module to complement your research on Cloud DX.
Symbol

Please note, there is a significant difference between Cloud DX's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cloud DX is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cloud DX's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Cloud DX '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 Cloud DX'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 Cloud DX.
0.00
11/02/2024
No Change 0.00  0.0 
In 31 days
12/02/2024
0.00
If you would invest  0.00  in Cloud DX on November 2, 2024 and sell it all today you would earn a total of 0.00 from holding Cloud DX or generate 0.0% return on investment in Cloud DX over 30 days. Cloud DX is related to or competes with Cogstate, EGF Theramed, and M3. Cloud DX Inc. operates as a remote patient monitoring company More

Cloud DX 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 Cloud DX'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 Cloud DX upside and downside potential and time the market with a certain degree of confidence.

Cloud DX Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Cloud DX's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cloud DX's standard deviation. In reality, there are many statistical measures that can use Cloud DX historical prices to predict the future Cloud DX's volatility.
Hype
Prediction
LowEstimatedHigh
0.080.080.09
Details
Intrinsic
Valuation
LowRealHigh
0.070.070.09
Details
Naive
Forecast
LowNextHigh
0.080.080.08
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.080.080.08
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Cloud DX. Your research has to be compared to or analyzed against Cloud DX's peers to derive any actionable benefits. When done correctly, Cloud DX's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Cloud DX.

Cloud DX Backtested Returns

We have found three technical indicators for Cloud DX, which you can use to evaluate the volatility of the firm. The firm shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and Cloud DX are completely uncorrelated.

Auto-correlation

    
  1.00  

Perfect predictability

Cloud DX has perfect predictability. Overlapping area represents the amount of predictability between Cloud DX time series from 2nd of November 2024 to 17th of November 2024 and 17th of November 2024 to 2nd of December 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 Cloud DX price movement. The serial correlation of 1.0 indicates that 100.0% of current Cloud DX price fluctuation can be explain by its past prices.
Correlation Coefficient1.0
Spearman Rank Test1.0
Residual Average0.0
Price Variance0.0

Cloud DX lagged returns against current returns

Autocorrelation, which is Cloud DX 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 Cloud DX's otc stock expected returns. We can calculate the autocorrelation of Cloud DX returns to help us make a trade decision. For example, suppose you find that Cloud DX 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  

Cloud DX 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 Cloud DX otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cloud DX otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cloud DX otc stock over time.
   Current vs Lagged Prices   
       Timeline  

Cloud DX Lagged Returns

When evaluating Cloud DX's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cloud DX otc stock have on its future price. Cloud DX 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, Cloud DX autocorrelation shows the relationship between Cloud DX otc stock current value and its past values and can show if there is a momentum factor associated with investing in Cloud DX.
   Regressed Prices   
       Timeline  

Currently Active Assets on Macroaxis

Other Information on Investing in Cloud OTC Stock

Cloud DX financial ratios help investors to determine whether Cloud 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 Cloud with respect to the benefits of owning Cloud DX security.