Dole Plc Stock Market Value
| DOLE Stock | USD 15.03 0.31 2.02% |
| Symbol | Dole |
Dole PLC Price To Book Ratio
Is Packaged Foods & Meats 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 Dole PLC. If investors know Dole 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 Dole PLC 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 (0.69) | Dividend Share 0.08 | Earnings Share 2.04 | Revenue Per Share 88.263 | Quarterly Revenue Growth 0.01 |
The market value of Dole PLC is measured differently than its book value, which is the value of Dole that is recorded on the company's balance sheet. Investors also form their own opinion of Dole PLC's value that differs from its market value or its book value, called intrinsic value, which is Dole PLC'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 Dole PLC's market value can be influenced by many factors that don't directly affect Dole PLC'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 Dole PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dole PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dole PLC'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.
Dole PLC '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 Dole PLC'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 Dole PLC.
| 12/09/2022 |
| 11/28/2024 |
If you would invest 0.00 in Dole PLC on December 9, 2022 and sell it all today you would earn a total of 0.00 from holding Dole PLC or generate 0.0% return on investment in Dole PLC over 720 days. Dole PLC is related to or competes with Limoneira, Alico, Adecoagro, Cal Maine, Fresh Del, Brasilagro Adr, and Bunge. Dole plc engages in sourcing, processing, marketing, and distribution of fresh fruit and vegetables worldwide More
Dole PLC 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 Dole PLC'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 Dole PLC upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 15.22 | |||
| Value At Risk | (2.60) | |||
| Potential Upside | 2.45 |
Dole PLC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dole PLC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dole PLC's standard deviation. In reality, there are many statistical measures that can use Dole PLC historical prices to predict the future Dole PLC's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.35) | |||
| Treynor Ratio | (0.05) |
Dole PLC Backtested Returns
Dole PLC secures Sharpe Ratio (or Efficiency) of -0.041, which denotes the company had a -0.041% return per unit of risk over the last 3 months. Dole PLC exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dole PLC's Standard Deviation of 1.95, mean deviation of 1.29, and Variance of 3.8 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.81, which means possible diversification benefits within a given portfolio. As returns on the market increase, Dole PLC's returns are expected to increase less than the market. However, during the bear market, the loss of holding Dole PLC is expected to be smaller as well. At this point, Dole PLC has a negative expected return of -0.0819%. Please make sure to confirm Dole PLC's total risk alpha, accumulation distribution, period momentum indicator, as well as the relationship between the potential upside and day median price , to decide if Dole PLC performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.03 |
Virtually no predictability
Dole PLC has virtually no predictability. Overlapping area represents the amount of predictability between Dole PLC time series from 9th of December 2022 to 4th of December 2023 and 4th of December 2023 to 28th of November 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 Dole PLC price movement. The serial correlation of 0.03 indicates that only 3.0% of current Dole PLC price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.03 | |
| Spearman Rank Test | 0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 3.93 |
Dole PLC lagged returns against current returns
Autocorrelation, which is Dole PLC 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 Dole PLC's stock expected returns. We can calculate the autocorrelation of Dole PLC returns to help us make a trade decision. For example, suppose you find that Dole PLC 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 |
Dole PLC 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 Dole PLC stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dole PLC stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dole PLC stock over time.
Current vs Lagged Prices |
| Timeline |
Dole PLC Lagged Returns
When evaluating Dole PLC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dole PLC stock have on its future price. Dole PLC 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, Dole PLC autocorrelation shows the relationship between Dole PLC stock current value and its past values and can show if there is a momentum factor associated with investing in Dole PLC.
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.When determining whether Dole PLC is a strong investment it is important to analyze Dole PLC'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 Dole PLC's future performance. For an informed investment choice regarding Dole Stock, refer to the following important reports:Check out Dole PLC Correlation, Dole PLC Volatility and Dole PLC Alpha and Beta module to complement your research on Dole PLC. For information on how to trade Dole Stock refer to our How to Trade Dole Stock guide.You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Dole PLC 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.