DUG Technology (Australia) Market Value
| DUG Stock | 1.35 0.03 2.27% |
| Symbol | DUG |
DUG Technology '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 DUG Technology'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 DUG Technology.
| 04/21/2025 |
| 07/20/2025 |
If you would invest 0.00 in DUG Technology on April 21, 2025 and sell it all today you would earn a total of 0.00 from holding DUG Technology or generate 0.0% return on investment in DUG Technology over 90 days. DUG Technology is related to or competes with Wisetech Global, Technology One, Insurance Australia, Clime Investment, Corporate Travel, and Macquarie Technology. DUG Technology is entity of Australia. It is traded as Stock on AU exchange. More
DUG Technology 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 DUG Technology'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 DUG Technology upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.95 | |||
| Information Ratio | 0.1285 | |||
| Maximum Drawdown | 18.58 | |||
| Value At Risk | (4.63) | |||
| Potential Upside | 9.56 |
DUG Technology Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for DUG Technology's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as DUG Technology's standard deviation. In reality, there are many statistical measures that can use DUG Technology historical prices to predict the future DUG Technology's volatility.| Risk Adjusted Performance | 0.1589 | |||
| Jensen Alpha | 0.6191 | |||
| Total Risk Alpha | 0.0822 | |||
| Sortino Ratio | 0.1847 | |||
| Treynor Ratio | 1.58 |
DUG Technology Backtested Returns
DUG Technology appears to be dangerous, given 3 months investment horizon. DUG Technology secures Sharpe Ratio (or Efficiency) of 0.16, which denotes the company had a 0.16 % return per unit of return volatility over the last 3 months. By examining DUG Technology's technical indicators, you can evaluate if the expected return of 0.7% is justified by implied risk. Please utilize DUG Technology's mean deviation of 3.3, and Downside Deviation of 2.95 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, DUG Technology holds a performance score of 12. The firm shows a Beta (market volatility) of 0.43, which means possible diversification benefits within a given portfolio. As returns on the market increase, DUG Technology's returns are expected to increase less than the market. However, during the bear market, the loss of holding DUG Technology is expected to be smaller as well. Please check DUG Technology's semi deviation, coefficient of variation, jensen alpha, as well as the relationship between the downside deviation and standard deviation , to make a quick decision on whether DUG Technology's price patterns will revert.
Auto-correlation | 0.06 |
Virtually no predictability
DUG Technology has virtually no predictability. Overlapping area represents the amount of predictability between DUG Technology time series from 21st of April 2025 to 5th of June 2025 and 5th of June 2025 to 20th 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 DUG Technology price movement. The serial correlation of 0.06 indicates that barely 6.0% of current DUG Technology price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.06 | |
| Spearman Rank Test | 0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
DUG Technology lagged returns against current returns
Autocorrelation, which is DUG Technology 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 DUG Technology's stock expected returns. We can calculate the autocorrelation of DUG Technology returns to help us make a trade decision. For example, suppose you find that DUG Technology 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 |
DUG Technology 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 DUG Technology stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if DUG Technology stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in DUG Technology stock over time.
Current vs Lagged Prices |
| Timeline |
DUG Technology Lagged Returns
When evaluating DUG Technology's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of DUG Technology stock have on its future price. DUG Technology 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, DUG Technology autocorrelation shows the relationship between DUG Technology stock current value and its past values and can show if there is a momentum factor associated with investing in DUG Technology.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for DUG Stock Analysis
When running DUG Technology's price analysis, check to measure DUG Technology'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 DUG Technology is operating at the current time. Most of DUG Technology's value examination focuses on studying past and present price action to predict the probability of DUG Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DUG Technology's price. Additionally, you may evaluate how the addition of DUG Technology to your portfolios can decrease your overall portfolio volatility.