Devex Resources Limited Stock Market Value
| UREQF Stock | USD 0.0001 0.00 0.00% |
| Symbol | DevEx |
DevEx Resources '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 DevEx Resources' 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 DevEx Resources.
| 08/07/2025 |
| 11/05/2025 |
If you would invest 0.00 in DevEx Resources on August 7, 2025 and sell it all today you would earn a total of 0.00 from holding DevEx Resources Limited or generate 0.0% return on investment in DevEx Resources over 90 days. DevEx Resources is related to or competes with Churchill Resources, Aton Resources, RING ENERGY, Fokus Mining, and Search Minerals. DevEx Resources Limited, together with its subsidiaries, engages in the exploration and evaluation of mineral properties... More
DevEx Resources 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 DevEx Resources' 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 DevEx Resources Limited upside and downside potential and time the market with a certain degree of confidence.
DevEx Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for DevEx Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as DevEx Resources' standard deviation. In reality, there are many statistical measures that can use DevEx Resources historical prices to predict the future DevEx Resources' volatility.DevEx Resources Backtested Returns
We have found three technical indicators for DevEx Resources Limited, which you can use to evaluate the volatility of the firm. The firm shows a Beta (market volatility) of 0.0, which means not very significant fluctuations relative to the market. the returns on MARKET and DevEx Resources are completely uncorrelated.
Auto-correlation | 1.00 |
Perfect predictability
DevEx Resources Limited has perfect predictability. Overlapping area represents the amount of predictability between DevEx Resources time series from 7th of August 2025 to 21st of September 2025 and 21st of September 2025 to 5th of November 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 DevEx Resources price movement. The serial correlation of 1.0 indicates that 100.0% of current DevEx Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | 1.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
DevEx Resources lagged returns against current returns
Autocorrelation, which is DevEx Resources 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 DevEx Resources' pink sheet expected returns. We can calculate the autocorrelation of DevEx Resources returns to help us make a trade decision. For example, suppose you find that DevEx Resources 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 |
DevEx Resources 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 DevEx Resources pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if DevEx Resources pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in DevEx Resources pink sheet over time.
Current vs Lagged Prices |
| Timeline |
DevEx Resources Lagged Returns
When evaluating DevEx Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of DevEx Resources pink sheet have on its future price. DevEx Resources 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, DevEx Resources autocorrelation shows the relationship between DevEx Resources pink sheet current value and its past values and can show if there is a momentum factor associated with investing in DevEx Resources Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
| VOO | Vanguard SP 500 | |
| XLK | Technology Select Sector | |
| XLV | Health Care Select | |
| QQQ | Invesco QQQ Trust | |
| XLC | Communication Services Select |
Other Information on Investing in DevEx Pink Sheet
DevEx Resources financial ratios help investors to determine whether DevEx 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 DevEx with respect to the benefits of owning DevEx Resources security.