Dragon Capital Grp Stock Market Value
| DRGV Stock | USD 0.0002 0.0001 33.33% |
| Symbol | Dragon |
Dragon Capital '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 Dragon Capital'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 Dragon Capital.
| 11/13/2024 |
| 12/13/2024 |
If you would invest 0.00 in Dragon Capital on November 13, 2024 and sell it all today you would earn a total of 0.00 from holding Dragon Capital Grp or generate 0.0% return on investment in Dragon Capital over 30 days. Dragon Capital is related to or competes with Parsons Corp, Appen, and Usio. Dragon Capital Group, Corp., through its subsidiaries, provides software solutions for businesses primarily in the Peopl... More
Dragon Capital 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 Dragon Capital'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 Dragon Capital Grp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 46.55 | |||
| Information Ratio | 0.1577 | |||
| Maximum Drawdown | 233.33 | |||
| Value At Risk | (50.00) | |||
| Potential Upside | 100.0 |
Dragon Capital Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dragon Capital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dragon Capital's standard deviation. In reality, there are many statistical measures that can use Dragon Capital historical prices to predict the future Dragon Capital's volatility.| Risk Adjusted Performance | 0.1264 | |||
| Jensen Alpha | 7.03 | |||
| Total Risk Alpha | 0.8222 | |||
| Sortino Ratio | 0.1387 | |||
| Treynor Ratio | (1.42) |
Dragon Capital Grp Backtested Returns
Dragon Capital is out of control given 3 months investment horizon. Dragon Capital Grp secures Sharpe Ratio (or Efficiency) of 0.16, which denotes the company had a 0.16% return per unit of standard deviation over the last 3 months. We were able to analyze and collect data for twenty-seven different technical indicators, which can help you to evaluate if expected returns of 6.88% are justified by taking the suggested risk. Use Dragon Capital Semi Deviation of 20.05, downside deviation of 46.55, and Mean Deviation of 24.89 to evaluate company specific risk that cannot be diversified away. Dragon Capital holds a performance score of 12 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -4.63, which means a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Dragon Capital are expected to decrease by larger amounts. On the other hand, during market turmoil, Dragon Capital is expected to outperform it. Use Dragon Capital coefficient of variation and the relationship between the treynor ratio and rate of daily change , to analyze future returns on Dragon Capital.
Auto-correlation | 0.41 |
Average predictability
Dragon Capital Grp has average predictability. Overlapping area represents the amount of predictability between Dragon Capital time series from 13th of November 2024 to 28th of November 2024 and 28th of November 2024 to 13th 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 Dragon Capital Grp price movement. The serial correlation of 0.41 indicates that just about 41.0% of current Dragon Capital price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.41 | |
| Spearman Rank Test | -0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Dragon Capital Grp lagged returns against current returns
Autocorrelation, which is Dragon Capital 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 Dragon Capital's pink sheet expected returns. We can calculate the autocorrelation of Dragon Capital returns to help us make a trade decision. For example, suppose you find that Dragon Capital 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 |
Dragon Capital 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 Dragon Capital pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dragon Capital pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dragon Capital pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Dragon Capital Lagged Returns
When evaluating Dragon Capital's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dragon Capital pink sheet have on its future price. Dragon Capital 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, Dragon Capital autocorrelation shows the relationship between Dragon Capital pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Dragon Capital Grp.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Dragon Pink Sheet Analysis
When running Dragon Capital's price analysis, check to measure Dragon Capital'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 Dragon Capital is operating at the current time. Most of Dragon Capital's value examination focuses on studying past and present price action to predict the probability of Dragon Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dragon Capital's price. Additionally, you may evaluate how the addition of Dragon Capital to your portfolios can decrease your overall portfolio volatility.