DAWSON GEOPHYSICAL (Germany) Market Value
| DG1 Stock | EUR 19.80 0.20 1.00% |
| Symbol | DAWSON |
DAWSON GEOPHYSICAL '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 DAWSON GEOPHYSICAL'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 DAWSON GEOPHYSICAL.
| 11/12/2024 |
| 12/12/2024 |
If you would invest 0.00 in DAWSON GEOPHYSICAL on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding DAWSON GEOPHYSICAL or generate 0.0% return on investment in DAWSON GEOPHYSICAL over 30 days. DAWSON GEOPHYSICAL is related to or competes with URBAN OUTFITTERS, Cleanaway Waste, Evolution Mining, ULTRA CLEAN, American Eagle, and G III. More
DAWSON GEOPHYSICAL 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 DAWSON GEOPHYSICAL'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 DAWSON GEOPHYSICAL upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.94 | |||
| Information Ratio | 0.1102 | |||
| Maximum Drawdown | 7.78 | |||
| Value At Risk | (2.44) | |||
| Potential Upside | 3.66 |
DAWSON GEOPHYSICAL Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for DAWSON GEOPHYSICAL's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as DAWSON GEOPHYSICAL's standard deviation. In reality, there are many statistical measures that can use DAWSON GEOPHYSICAL historical prices to predict the future DAWSON GEOPHYSICAL's volatility.| Risk Adjusted Performance | 0.1293 | |||
| Jensen Alpha | 0.1696 | |||
| Total Risk Alpha | 0.0454 | |||
| Sortino Ratio | 0.1069 | |||
| Treynor Ratio | 0.2252 |
DAWSON GEOPHYSICAL Backtested Returns
DAWSON GEOPHYSICAL appears to be very steady, given 3 months investment horizon. DAWSON GEOPHYSICAL secures Sharpe Ratio (or Efficiency) of 0.15, which denotes the company had a 0.15% return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for DAWSON GEOPHYSICAL, which you can use to evaluate the volatility of the entity. Please utilize DAWSON GEOPHYSICAL's Market Risk Adjusted Performance of 0.2352, downside deviation of 1.94, and Mean Deviation of 1.46 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, DAWSON GEOPHYSICAL holds a performance score of 12. The firm shows a Beta (market volatility) of 1.37, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, DAWSON GEOPHYSICAL will likely underperform. Please check DAWSON GEOPHYSICAL's maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to make a quick decision on whether DAWSON GEOPHYSICAL's price patterns will revert.
Auto-correlation | 0.20 |
Weak predictability
DAWSON GEOPHYSICAL has weak predictability. Overlapping area represents the amount of predictability between DAWSON GEOPHYSICAL time series from 12th of November 2024 to 27th of November 2024 and 27th of November 2024 to 12th 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 DAWSON GEOPHYSICAL price movement. The serial correlation of 0.2 indicates that over 20.0% of current DAWSON GEOPHYSICAL price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.2 | |
| Spearman Rank Test | 0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 0.18 |
DAWSON GEOPHYSICAL lagged returns against current returns
Autocorrelation, which is DAWSON GEOPHYSICAL 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 DAWSON GEOPHYSICAL's stock expected returns. We can calculate the autocorrelation of DAWSON GEOPHYSICAL returns to help us make a trade decision. For example, suppose you find that DAWSON GEOPHYSICAL 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 |
DAWSON GEOPHYSICAL 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 DAWSON GEOPHYSICAL stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if DAWSON GEOPHYSICAL stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in DAWSON GEOPHYSICAL stock over time.
Current vs Lagged Prices |
| Timeline |
DAWSON GEOPHYSICAL Lagged Returns
When evaluating DAWSON GEOPHYSICAL's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of DAWSON GEOPHYSICAL stock have on its future price. DAWSON GEOPHYSICAL 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, DAWSON GEOPHYSICAL autocorrelation shows the relationship between DAWSON GEOPHYSICAL stock current value and its past values and can show if there is a momentum factor associated with investing in DAWSON GEOPHYSICAL.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Information and Resources on Investing in DAWSON Stock
When determining whether DAWSON GEOPHYSICAL offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of DAWSON GEOPHYSICAL's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Dawson Geophysical Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Dawson Geophysical Stock:Check out DAWSON GEOPHYSICAL Correlation, DAWSON GEOPHYSICAL Volatility and DAWSON GEOPHYSICAL Alpha and Beta module to complement your research on DAWSON GEOPHYSICAL. For information on how to trade DAWSON Stock refer to our How to Trade DAWSON Stock guide.You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
DAWSON GEOPHYSICAL technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.