Dye Durham Limited Stock Market Value
| DYNDF Stock | USD 8.78 0.23 2.55% |
| Symbol | Dye |
Dye Durham '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 Dye Durham'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 Dye Durham.
| 12/13/2024 |
| 03/13/2025 |
If you would invest 0.00 in Dye Durham on December 13, 2024 and sell it all today you would earn a total of 0.00 from holding Dye Durham Limited or generate 0.0% return on investment in Dye Durham over 90 days. Dye Durham is related to or competes with Sage Group, RenoWorks Software, 01 Communique, BASE, Paycor HCM, Clearwater Analytics, and MoneyLion. Dye Durham Limited, through its subsidiary, Dye Durham Corporation, provides cloud-based software and technology solutio... More
Dye Durham 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 Dye Durham'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 Dye Durham Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 30.13 | |||
| Value At Risk | (6.48) | |||
| Potential Upside | 6.7 |
Dye Durham Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dye Durham's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dye Durham's standard deviation. In reality, there are many statistical measures that can use Dye Durham historical prices to predict the future Dye Durham's volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.78) | |||
| Total Risk Alpha | 0.0156 | |||
| Treynor Ratio | 0.8327 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Dye Durham's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Dye Durham Limited Backtested Returns
Dye Durham Limited secures Sharpe Ratio (or Efficiency) of -0.17, which denotes the company had a -0.17 % return per unit of standard deviation over the last 3 months. Dye Durham Limited exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dye Durham's Mean Deviation of 2.65, standard deviation of 4.53, and Coefficient Of Variation of (681.54) to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.81, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Dye Durham are expected to decrease at a much lower rate. During the bear market, Dye Durham is likely to outperform the market. At this point, Dye Durham Limited has a negative expected return of -0.78%. Please make sure to confirm Dye Durham's standard deviation, potential upside, day typical price, as well as the relationship between the jensen alpha and daily balance of power , to decide if Dye Durham Limited performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.52 |
Modest predictability
Dye Durham Limited has modest predictability. Overlapping area represents the amount of predictability between Dye Durham time series from 13th of December 2024 to 27th of January 2025 and 27th of January 2025 to 13th 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 Dye Durham Limited price movement. The serial correlation of 0.52 indicates that about 52.0% of current Dye Durham price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.52 | |
| Spearman Rank Test | 0.56 | |
| Residual Average | 0.0 | |
| Price Variance | 0.48 |
Dye Durham Limited lagged returns against current returns
Autocorrelation, which is Dye Durham 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 Dye Durham's pink sheet expected returns. We can calculate the autocorrelation of Dye Durham returns to help us make a trade decision. For example, suppose you find that Dye Durham 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 |
Dye Durham 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 Dye Durham pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dye Durham pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dye Durham pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Dye Durham Lagged Returns
When evaluating Dye Durham's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dye Durham pink sheet have on its future price. Dye Durham 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, Dye Durham autocorrelation shows the relationship between Dye Durham pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Dye Durham Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Dye Pink Sheet
Dye Durham financial ratios help investors to determine whether Dye 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 Dye with respect to the benefits of owning Dye Durham security.