Dmg Blockchain Solutions Stock Market Value
| DMGGF Stock | USD 0.19 0.01 5.56% |
| Symbol | Dmg |
Dmg Blockchain '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 Dmg Blockchain'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 Dmg Blockchain.
| 01/01/2025 |
| 03/02/2025 |
If you would invest 0.00 in Dmg Blockchain on January 1, 2025 and sell it all today you would earn a total of 0.00 from holding Dmg Blockchain Solutions or generate 0.0% return on investment in Dmg Blockchain over 60 days. Dmg Blockchain is related to or competes with Galaxy Digital, Neptune Digital, Bluesky Digital, Argo Blockchain, Cypherpunk Holdings, DeFi Technologies, and Bitfarms. DMG Blockchain Solutions Inc. operates as a blockchain and cryptocurrency company in Canada More
Dmg Blockchain 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 Dmg Blockchain'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 Dmg Blockchain Solutions upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 31.85 | |||
| Value At Risk | (8.11) | |||
| Potential Upside | 9.09 |
Dmg Blockchain Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dmg Blockchain's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dmg Blockchain's standard deviation. In reality, there are many statistical measures that can use Dmg Blockchain historical prices to predict the future Dmg Blockchain's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.47) | |||
| Total Risk Alpha | (0.33) | |||
| Treynor Ratio | (0.47) |
Dmg Blockchain Solutions Backtested Returns
Dmg Blockchain Solutions secures Sharpe Ratio (or Efficiency) of -0.11, which denotes the company had a -0.11 % return per unit of risk over the last 3 months. Dmg Blockchain Solutions exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dmg Blockchain's Standard Deviation of 5.57, mean deviation of 4.08, and Variance of 31.01 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.06, which means a somewhat significant risk relative to the market. Dmg Blockchain returns are very sensitive to returns on the market. As the market goes up or down, Dmg Blockchain is expected to follow. At this point, Dmg Blockchain Solutions has a negative expected return of -0.6%. Please make sure to confirm Dmg Blockchain's information ratio, skewness, price action indicator, as well as the relationship between the treynor ratio and rate of daily change , to decide if Dmg Blockchain Solutions performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.52 |
Modest predictability
Dmg Blockchain Solutions has modest predictability. Overlapping area represents the amount of predictability between Dmg Blockchain time series from 1st of January 2025 to 31st of January 2025 and 31st of January 2025 to 2nd of March 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 Dmg Blockchain Solutions price movement. The serial correlation of 0.52 indicates that about 52.0% of current Dmg Blockchain price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.52 | |
| Spearman Rank Test | 0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Dmg Blockchain Solutions lagged returns against current returns
Autocorrelation, which is Dmg Blockchain 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 Dmg Blockchain's otc stock expected returns. We can calculate the autocorrelation of Dmg Blockchain returns to help us make a trade decision. For example, suppose you find that Dmg Blockchain 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 |
Dmg Blockchain 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 Dmg Blockchain otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dmg Blockchain otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dmg Blockchain otc stock over time.
Current vs Lagged Prices |
| Timeline |
Dmg Blockchain Lagged Returns
When evaluating Dmg Blockchain's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dmg Blockchain otc stock have on its future price. Dmg Blockchain 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, Dmg Blockchain autocorrelation shows the relationship between Dmg Blockchain otc stock current value and its past values and can show if there is a momentum factor associated with investing in Dmg Blockchain Solutions.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Dmg OTC Stock
Dmg Blockchain financial ratios help investors to determine whether Dmg 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 Dmg with respect to the benefits of owning Dmg Blockchain security.