Datametrex (Germany) Market Value
| D4G Stock | EUR 0.01 0.0008 19.05% |
| Symbol | Datametrex |
Datametrex '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 Datametrex's 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 Datametrex.
| 11/28/2023 |
| 12/22/2024 |
If you would invest 0.00 in Datametrex on November 28, 2023 and sell it all today you would earn a total of 0.00 from holding Datametrex AI Limited or generate 0.0% return on investment in Datametrex over 390 days. Datametrex is related to or competes with Accenture Plc, International Business, Infosys, Cognizant Technology, AMADEUS IT, Amadeus IT, and FUJITSU. Datametrex AI Limited provides big data and artificial intelligence services primarily in Canada More
Datametrex 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 Datametrex's 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 Datametrex AI Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 62.51 | |||
| Information Ratio | 0.2206 | |||
| Maximum Drawdown | 4495.56 | |||
| Value At Risk | (87.50) | |||
| Potential Upside | 700.0 |
Datametrex Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Datametrex's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Datametrex's standard deviation. In reality, there are many statistical measures that can use Datametrex historical prices to predict the future Datametrex's volatility.| Risk Adjusted Performance | 0.1848 | |||
| Jensen Alpha | 128.11 | |||
| Total Risk Alpha | 113.32 | |||
| Sortino Ratio | 2.08 | |||
| Treynor Ratio | 1.7 |
Datametrex AI Limited Backtested Returns
Datametrex is out of control given 3 months investment horizon. Datametrex AI Limited secures Sharpe Ratio (or Efficiency) of 0.29, which denotes the company had a 0.29% return per unit of risk over the last 3 months. We were able to interpolate twenty-eight different technical indicators, which can help you to evaluate if expected returns of 69.5% are justified by taking the suggested risk. Use Datametrex Downside Deviation of 62.51, mean deviation of 238.46, and Coefficient Of Variation of 453.18 to evaluate company specific risk that cannot be diversified away. Datametrex holds a performance score of 22 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 76.24, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Datametrex will likely underperform. Use Datametrex treynor ratio, value at risk, and the relationship between the sortino ratio and maximum drawdown , to analyze future returns on Datametrex.
Auto-correlation | -0.19 |
Insignificant reverse predictability
Datametrex AI Limited has insignificant reverse predictability. Overlapping area represents the amount of predictability between Datametrex time series from 28th of November 2023 to 10th of June 2024 and 10th of June 2024 to 22nd 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 Datametrex AI Limited price movement. The serial correlation of -0.19 indicates that over 19.0% of current Datametrex price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.19 | |
| Spearman Rank Test | -0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Datametrex AI Limited lagged returns against current returns
Autocorrelation, which is Datametrex 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 Datametrex's stock expected returns. We can calculate the autocorrelation of Datametrex returns to help us make a trade decision. For example, suppose you find that Datametrex has exhibited high autocorrelation historically, and you observe that the 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 |
Datametrex 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 Datametrex stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Datametrex stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Datametrex stock over time.
Current vs Lagged Prices |
| Timeline |
Datametrex Lagged Returns
When evaluating Datametrex's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Datametrex stock have on its future price. Datametrex 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, Datametrex autocorrelation shows the relationship between Datametrex stock current value and its past values and can show if there is a momentum factor associated with investing in Datametrex AI Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Datametrex Stock
Datametrex financial ratios help investors to determine whether Datametrex 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 Datametrex with respect to the benefits of owning Datametrex security.