Dogness International Corp Stock Market Value
| DOGZ Stock | USD 53.24 1.38 2.66% |
| Symbol | Dogness |
Dogness International Price To Book Ratio
Is Apparel, Accessories & Luxury Goods space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Dogness International. If investors know Dogness will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Dogness International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.786 | Earnings Share (0.55) | Revenue Per Share 1.36 | Quarterly Revenue Growth 0.137 | Return On Assets (0.04) |
The market value of Dogness International is measured differently than its book value, which is the value of Dogness that is recorded on the company's balance sheet. Investors also form their own opinion of Dogness International's value that differs from its market value or its book value, called intrinsic value, which is Dogness International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Dogness International's market value can be influenced by many factors that don't directly affect Dogness International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Dogness International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dogness International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dogness International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Dogness International '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 Dogness International'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 Dogness International.
| 04/06/2024 |
| 12/02/2024 |
If you would invest 0.00 in Dogness International on April 6, 2024 and sell it all today you would earn a total of 0.00 from holding Dogness International Corp or generate 0.0% return on investment in Dogness International over 240 days. Dogness International is related to or competes with Escalade Incorporated, JAKKS Pacific, Clarus Corp, Six Flags, Vista Outdoor, Hasbro, and Bowlero Corp. Dogness Corporation, through its subsidiaries, designs, manufactures, and sells fashionable products for dogs and cats w... More
Dogness International 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 Dogness International'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 Dogness International Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 8.26 | |||
| Information Ratio | 0.1591 | |||
| Maximum Drawdown | 39.85 | |||
| Value At Risk | (15.48) | |||
| Potential Upside | 15.91 |
Dogness International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dogness International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dogness International's standard deviation. In reality, there are many statistical measures that can use Dogness International historical prices to predict the future Dogness International's volatility.| Risk Adjusted Performance | 0.1426 | |||
| Jensen Alpha | 1.52 | |||
| Total Risk Alpha | 0.0578 | |||
| Sortino Ratio | 0.1712 | |||
| Treynor Ratio | 7.84 |
Dogness International Backtested Returns
Dogness International is moderately volatile given 3 months investment horizon. Dogness International secures Sharpe Ratio (or Efficiency) of 0.18, which denotes the company had a 0.18% return per unit of risk over the last 3 months. We were able to analyze and collect data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.64% are justified by taking the suggested risk. Use Dogness International Downside Deviation of 8.26, coefficient of variation of 572.88, and Mean Deviation of 7.05 to evaluate company specific risk that cannot be diversified away. Dogness International holds a performance score of 14 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 0.2, which means not very significant fluctuations relative to the market. As returns on the market increase, Dogness International's returns are expected to increase less than the market. However, during the bear market, the loss of holding Dogness International is expected to be smaller as well. Use Dogness International downside variance, and the relationship between the total risk alpha and daily balance of power , to analyze future returns on Dogness International.
Auto-correlation | 0.85 |
Very good predictability
Dogness International Corp has very good predictability. Overlapping area represents the amount of predictability between Dogness International time series from 6th of April 2024 to 4th of August 2024 and 4th of August 2024 to 2nd 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 Dogness International price movement. The serial correlation of 0.85 indicates that around 85.0% of current Dogness International price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.85 | |
| Spearman Rank Test | 0.77 | |
| Residual Average | 0.0 | |
| Price Variance | 155.63 |
Dogness International lagged returns against current returns
Autocorrelation, which is Dogness International 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 Dogness International's stock expected returns. We can calculate the autocorrelation of Dogness International returns to help us make a trade decision. For example, suppose you find that Dogness International 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 |
Dogness International 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 Dogness International stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dogness International stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dogness International stock over time.
Current vs Lagged Prices |
| Timeline |
Dogness International Lagged Returns
When evaluating Dogness International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dogness International stock have on its future price. Dogness International 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, Dogness International autocorrelation shows the relationship between Dogness International stock current value and its past values and can show if there is a momentum factor associated with investing in Dogness International Corp.
Regressed Prices |
| Timeline |
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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 Tools for Dogness Stock Analysis
When running Dogness International's price analysis, check to measure Dogness International'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 Dogness International is operating at the current time. Most of Dogness International's value examination focuses on studying past and present price action to predict the probability of Dogness International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dogness International's price. Additionally, you may evaluate how the addition of Dogness International to your portfolios can decrease your overall portfolio volatility.