Deveron Corp Stock Market Value
| DVRNF Stock | USD 0.0009 0.00 0.00% |
| Symbol | Deveron |
Deveron Corp '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 Deveron Corp'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 Deveron Corp.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Deveron Corp on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Deveron Corp or generate 0.0% return on investment in Deveron Corp over 90 days. Deveron Corp is related to or competes with Appen, Appen, Direct Communication, Capgemini, Quisitive Technology, CSE Global, and Capgemini. Deveron Corp., an agriculture technology company, provides drone data services to the farming sector in the United State... More
Deveron Corp 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 Deveron Corp'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 Deveron Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.209 | |||
| Maximum Drawdown | 12.5 |
Deveron Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Deveron Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Deveron Corp's standard deviation. In reality, there are many statistical measures that can use Deveron Corp historical prices to predict the future Deveron Corp's volatility.| Risk Adjusted Performance | 0.1084 | |||
| Jensen Alpha | 0.232 | |||
| Total Risk Alpha | 0.4387 | |||
| Treynor Ratio | 0.4855 |
Deveron Corp Backtested Returns
Deveron Corp appears to be out of control, given 3 months investment horizon. Deveron Corp secures Sharpe Ratio (or Efficiency) of 0.13, which denotes the company had a 0.13 % return per unit of risk over the last 3 months. We have found sixteen technical indicators for Deveron Corp, which you can use to evaluate the volatility of the firm. Please utilize Deveron Corp's Variance of 2.37, standard deviation of 1.54, and Mean Deviation of 0.373 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Deveron Corp holds a performance score of 9. The firm shows a Beta (market volatility) of 0.37, which means possible diversification benefits within a given portfolio. As returns on the market increase, Deveron Corp's returns are expected to increase less than the market. However, during the bear market, the loss of holding Deveron Corp is expected to be smaller as well. Please check Deveron Corp's standard deviation, as well as the relationship between the maximum drawdown and day median price , to make a quick decision on whether Deveron Corp's price patterns will revert.
Auto-correlation | 0.00 |
No correlation between past and present
Deveron Corp has no correlation between past and present. Overlapping area represents the amount of predictability between Deveron Corp time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 Deveron Corp price movement. The serial correlation of 0.0 indicates that just 0.0% of current Deveron Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Deveron Corp lagged returns against current returns
Autocorrelation, which is Deveron Corp 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 Deveron Corp's pink sheet expected returns. We can calculate the autocorrelation of Deveron Corp returns to help us make a trade decision. For example, suppose you find that Deveron Corp 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 |
Deveron Corp 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 Deveron Corp pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Deveron Corp pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Deveron Corp pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Deveron Corp Lagged Returns
When evaluating Deveron Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Deveron Corp pink sheet have on its future price. Deveron Corp 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, Deveron Corp autocorrelation shows the relationship between Deveron Corp pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Deveron Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Deveron Pink Sheet
Deveron Corp financial ratios help investors to determine whether Deveron Pink Sheet 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 Deveron with respect to the benefits of owning Deveron Corp security.