Digitalx Limited Stock Market Value
| DGGXF Stock | USD 0.07 0 6.62% |
| Symbol | DigitalX |
DigitalX '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 DigitalX'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 DigitalX.
| 04/22/2025 |
| 07/21/2025 |
If you would invest 0.00 in DigitalX on April 22, 2025 and sell it all today you would earn a total of 0.00 from holding DigitalX Limited or generate 0.0% return on investment in DigitalX over 90 days. DigitalX is related to or competes with Bakkt Holdings, Block,, Microsoft, Coinsilium, and North Peak. DigitalX Limited provides blockchain product development and digital asset funds management services in Australia More
DigitalX 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 DigitalX'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 DigitalX Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 18.41 | |||
| Information Ratio | 0.1327 | |||
| Maximum Drawdown | 182.74 | |||
| Value At Risk | (17.50) | |||
| Potential Upside | 35.0 |
DigitalX Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for DigitalX's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as DigitalX's standard deviation. In reality, there are many statistical measures that can use DigitalX historical prices to predict the future DigitalX's volatility.| Risk Adjusted Performance | 0.1387 | |||
| Jensen Alpha | 3.64 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.1855 | |||
| Treynor Ratio | (4.95) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of DigitalX'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.
DigitalX Limited Backtested Returns
DigitalX is out of control given 3 months investment horizon. DigitalX Limited secures Sharpe Ratio (or Efficiency) of 0.14, which denotes the company had a 0.14 % return per unit of risk over the last 3 months. We have analyzed and interpolated thirty different technical indicators, which can help you to evaluate if expected returns of 3.56% are justified by taking the suggested risk. Use DigitalX Mean Deviation of 11.68, downside deviation of 18.41, and Coefficient Of Variation of 723.82 to evaluate company specific risk that cannot be diversified away. DigitalX holds a performance score of 10 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -0.72, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning DigitalX are expected to decrease at a much lower rate. During the bear market, DigitalX is likely to outperform the market. Use DigitalX downside variance, day median price, and the relationship between the treynor ratio and kurtosis , to analyze future returns on DigitalX.
Auto-correlation | 0.22 |
Weak predictability
DigitalX Limited has weak predictability. Overlapping area represents the amount of predictability between DigitalX time series from 22nd of April 2025 to 6th of June 2025 and 6th of June 2025 to 21st of July 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 DigitalX Limited price movement. The serial correlation of 0.22 indicates that over 22.0% of current DigitalX price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.22 | |
| Spearman Rank Test | 0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
DigitalX Limited lagged returns against current returns
Autocorrelation, which is DigitalX 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 DigitalX's otc stock expected returns. We can calculate the autocorrelation of DigitalX returns to help us make a trade decision. For example, suppose you find that DigitalX 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 |
DigitalX 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 DigitalX otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if DigitalX otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in DigitalX otc stock over time.
Current vs Lagged Prices |
| Timeline |
DigitalX Lagged Returns
When evaluating DigitalX's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of DigitalX otc stock have on its future price. DigitalX 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, DigitalX autocorrelation shows the relationship between DigitalX otc stock current value and its past values and can show if there is a momentum factor associated with investing in DigitalX Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in DigitalX OTC Stock
DigitalX financial ratios help investors to determine whether DigitalX 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 DigitalX with respect to the benefits of owning DigitalX security.