Dream Impact Trust Stock Market Value
| MPCT-UN Stock | CAD 4.12 0.13 3.06% |
| Symbol | Dream |
Dream Impact Trust Price To Book Ratio
Dream Impact '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 Dream Impact's 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 Dream Impact.
| 11/04/2024 |
| 12/04/2024 |
If you would invest 0.00 in Dream Impact on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding Dream Impact Trust or generate 0.0% return on investment in Dream Impact over 30 days. Dream Impact is related to or competes with European Residential, Pro Real, BSR Real, Morguard North, and Nexus Real. Dream Hard Asset Alternatives Trust specializes in hard asset alternative investments including real estate, real estate... More
Dream Impact 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 Dream Impact's 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 Dream Impact Trust upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.38 | |||
| Information Ratio | 0.087 | |||
| Maximum Drawdown | 15.91 | |||
| Value At Risk | (3.46) | |||
| Potential Upside | 4.53 |
Dream Impact Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dream Impact's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dream Impact's standard deviation. In reality, there are many statistical measures that can use Dream Impact historical prices to predict the future Dream Impact's volatility.| Risk Adjusted Performance | 0.1066 | |||
| Jensen Alpha | 0.3168 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0954 | |||
| Treynor Ratio | 2.51 |
Dream Impact Trust Backtested Returns
Dream Impact appears to be slightly risky, given 3 months investment horizon. Dream Impact Trust 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 have found twenty-nine technical indicators for Dream Impact Trust, which you can use to evaluate the volatility of the firm. Please utilize Dream Impact's Mean Deviation of 1.82, downside deviation of 2.38, and Semi Deviation of 1.78 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Dream Impact holds a performance score of 12. The firm shows a Beta (market volatility) of 0.13, which means not very significant fluctuations relative to the market. As returns on the market increase, Dream Impact's returns are expected to increase less than the market. However, during the bear market, the loss of holding Dream Impact is expected to be smaller as well. Please check Dream Impact's downside deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Dream Impact's price patterns will revert.
Auto-correlation | -0.39 |
Poor reverse predictability
Dream Impact Trust has poor reverse predictability. Overlapping area represents the amount of predictability between Dream Impact time series from 4th of November 2024 to 19th of November 2024 and 19th of November 2024 to 4th 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 Dream Impact Trust price movement. The serial correlation of -0.39 indicates that just about 39.0% of current Dream Impact price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.39 | |
| Spearman Rank Test | 0.44 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Dream Impact Trust lagged returns against current returns
Autocorrelation, which is Dream Impact 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 Dream Impact's stock expected returns. We can calculate the autocorrelation of Dream Impact returns to help us make a trade decision. For example, suppose you find that Dream Impact 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 |
Dream Impact 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 Dream Impact stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dream Impact stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dream Impact stock over time.
Current vs Lagged Prices |
| Timeline |
Dream Impact Lagged Returns
When evaluating Dream Impact's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dream Impact stock have on its future price. Dream Impact 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, Dream Impact autocorrelation shows the relationship between Dream Impact stock current value and its past values and can show if there is a momentum factor associated with investing in Dream Impact Trust.
Regressed Prices |
| Timeline |
Pair Trading with Dream Impact
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Dream Impact position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Dream Impact will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Dream Impact could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dream Impact when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Dream Impact - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Dream Impact Trust to buy it.
The correlation of Dream Impact is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Dream Impact moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dream Impact Trust moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Dream Impact can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Dream Stock
Dream Impact financial ratios help investors to determine whether Dream 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 Dream with respect to the benefits of owning Dream Impact security.