Dominion Energy (Germany) Market Value
| DOD Stock | EUR 51.40 0.07 0.14% |
| Symbol | Dominion |
Dominion Energy '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 Dominion Energy'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 Dominion Energy.
| 11/15/2024 |
| 12/15/2024 |
If you would invest 0.00 in Dominion Energy on November 15, 2024 and sell it all today you would earn a total of 0.00 from holding Dominion Energy or generate 0.0% return on investment in Dominion Energy over 30 days. Dominion Energy is related to or competes with Sempra, Superior Plus, NMI Holdings, SIVERS SEMICONDUCTORS, NorAm Drilling, and BANK HANDLOWY. The companys Power Delivery segment engages in the regulated electric transmission and distribution operations that serv... More
Dominion Energy 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 Dominion Energy'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 Dominion Energy upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.36 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 8.48 | |||
| Value At Risk | (2.01) | |||
| Potential Upside | 2.72 |
Dominion Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dominion Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dominion Energy's standard deviation. In reality, there are many statistical measures that can use Dominion Energy historical prices to predict the future Dominion Energy's volatility.| Risk Adjusted Performance | 0.0193 | |||
| Jensen Alpha | 0.0176 | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.9519 |
Dominion Energy Backtested Returns
Dominion Energy secures Sharpe Ratio (or Efficiency) of -0.0053, which denotes the company had a -0.0053% return per unit of risk over the last 3 months. Dominion Energy exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dominion Energy's Coefficient Of Variation of 5167.76, mean deviation of 1.16, and Downside Deviation of 1.36 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.0204, which means not very significant fluctuations relative to the market. As returns on the market increase, Dominion Energy's returns are expected to increase less than the market. However, during the bear market, the loss of holding Dominion Energy is expected to be smaller as well. At this point, Dominion Energy has a negative expected return of -0.0079%. Please make sure to confirm Dominion Energy's jensen alpha, sortino ratio, and the relationship between the standard deviation and total risk alpha , to decide if Dominion Energy performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.85 |
Excellent reverse predictability
Dominion Energy has excellent reverse predictability. Overlapping area represents the amount of predictability between Dominion Energy time series from 15th of November 2024 to 30th of November 2024 and 30th of November 2024 to 15th 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 Dominion Energy price movement. The serial correlation of -0.85 indicates that around 85.0% of current Dominion Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.85 | |
| Spearman Rank Test | -0.84 | |
| Residual Average | 0.0 | |
| Price Variance | 1.96 |
Dominion Energy lagged returns against current returns
Autocorrelation, which is Dominion Energy 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 Dominion Energy's stock expected returns. We can calculate the autocorrelation of Dominion Energy returns to help us make a trade decision. For example, suppose you find that Dominion Energy 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 |
Dominion Energy 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 Dominion Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dominion Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dominion Energy stock over time.
Current vs Lagged Prices |
| Timeline |
Dominion Energy Lagged Returns
When evaluating Dominion Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dominion Energy stock have on its future price. Dominion Energy 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, Dominion Energy autocorrelation shows the relationship between Dominion Energy stock current value and its past values and can show if there is a momentum factor associated with investing in Dominion Energy.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Dominion Stock
When determining whether Dominion Energy is a strong investment it is important to analyze Dominion Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Dominion Energy's future performance. For an informed investment choice regarding Dominion Stock, refer to the following important reports:Check out Dominion Energy Correlation, Dominion Energy Volatility and Dominion Energy Alpha and Beta module to complement your research on Dominion Energy. For more detail on how to invest in Dominion Stock please use our How to Invest in Dominion Energy guide.You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Dominion Energy 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.