Dalaroo Metals (Australia) Market Value
| DAL Stock | 0.02 0 10.00% |
| Symbol | Dalaroo |
Dalaroo Metals '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 Dalaroo Metals' 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 Dalaroo Metals.
| 12/19/2024 |
| 01/18/2025 |
If you would invest 0.00 in Dalaroo Metals on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding Dalaroo Metals or generate 0.0% return on investment in Dalaroo Metals over 30 days. Dalaroo Metals is related to or competes with Dug Technology, Vulcan Steel, Ras Technology, and Red Hill. Dalaroo Metals is entity of Australia. It is traded as Stock on AU exchange. More
Dalaroo Metals 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 Dalaroo Metals' 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 Dalaroo Metals upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 27.31 | |||
| Value At Risk | (10.00) | |||
| Potential Upside | 8.0 |
Dalaroo Metals Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dalaroo Metals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dalaroo Metals' standard deviation. In reality, there are many statistical measures that can use Dalaroo Metals historical prices to predict the future Dalaroo Metals' volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.35) | |||
| Total Risk Alpha | (0.45) | |||
| Treynor Ratio | (0.77) |
Dalaroo Metals Backtested Returns
Dalaroo Metals secures Sharpe Ratio (or Efficiency) of -0.0815, which denotes the company had a -0.0815% return per unit of risk over the last 3 months. Dalaroo Metals exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dalaroo Metals' Mean Deviation of 2.64, standard deviation of 4.6, and Variance of 21.15 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.44, which means possible diversification benefits within a given portfolio. As returns on the market increase, Dalaroo Metals' returns are expected to increase less than the market. However, during the bear market, the loss of holding Dalaroo Metals is expected to be smaller as well. At this point, Dalaroo Metals has a negative expected return of -0.36%. Please make sure to confirm Dalaroo Metals' jensen alpha, treynor ratio, and the relationship between the information ratio and total risk alpha , to decide if Dalaroo Metals performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.44 |
Average predictability
Dalaroo Metals has average predictability. Overlapping area represents the amount of predictability between Dalaroo Metals time series from 19th of December 2024 to 3rd of January 2025 and 3rd of January 2025 to 18th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Dalaroo Metals price movement. The serial correlation of 0.44 indicates that just about 44.0% of current Dalaroo Metals price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.44 | |
| Spearman Rank Test | 0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Dalaroo Metals lagged returns against current returns
Autocorrelation, which is Dalaroo Metals 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 Dalaroo Metals' stock expected returns. We can calculate the autocorrelation of Dalaroo Metals returns to help us make a trade decision. For example, suppose you find that Dalaroo Metals 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 |
Dalaroo Metals 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 Dalaroo Metals stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dalaroo Metals stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dalaroo Metals stock over time.
Current vs Lagged Prices |
| Timeline |
Dalaroo Metals Lagged Returns
When evaluating Dalaroo Metals' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dalaroo Metals stock have on its future price. Dalaroo Metals 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, Dalaroo Metals autocorrelation shows the relationship between Dalaroo Metals stock current value and its past values and can show if there is a momentum factor associated with investing in Dalaroo Metals.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Dalaroo Stock Analysis
When running Dalaroo Metals' price analysis, check to measure Dalaroo Metals' 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 Dalaroo Metals is operating at the current time. Most of Dalaroo Metals' value examination focuses on studying past and present price action to predict the probability of Dalaroo Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dalaroo Metals' price. Additionally, you may evaluate how the addition of Dalaroo Metals to your portfolios can decrease your overall portfolio volatility.