Dotdigital Group (UK) Market Value
| DOTD Stock | 87.00 4.00 4.40% |
| Symbol | Dotdigital |
Dotdigital Group '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 Dotdigital Group'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 Dotdigital Group.
| 06/25/2024 |
| 12/22/2024 |
If you would invest 0.00 in Dotdigital Group on June 25, 2024 and sell it all today you would earn a total of 0.00 from holding Dotdigital Group Plc or generate 0.0% return on investment in Dotdigital Group over 180 days. Dotdigital Group is related to or competes with Samsung Electronics, Samsung Electronics, Hyundai, Toyota, Reliance Industries, State Bank, and Halyk Bank. Dotdigital Group is entity of United Kingdom More
Dotdigital Group 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 Dotdigital Group'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 Dotdigital Group Plc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 14.31 | |||
| Value At Risk | (4.16) | |||
| Potential Upside | 5.2 |
Dotdigital Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dotdigital Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dotdigital Group's standard deviation. In reality, there are many statistical measures that can use Dotdigital Group historical prices to predict the future Dotdigital Group's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.12) | |||
| Treynor Ratio | (0.11) |
Dotdigital Group Plc Backtested Returns
Dotdigital Group Plc secures Sharpe Ratio (or Efficiency) of -0.0166, which denotes the company had a -0.0166% return per unit of risk over the last 3 months. Dotdigital Group Plc exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dotdigital Group's Standard Deviation of 2.8, mean deviation of 2.07, and Variance of 7.83 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.38, which means possible diversification benefits within a given portfolio. As returns on the market increase, Dotdigital Group's returns are expected to increase less than the market. However, during the bear market, the loss of holding Dotdigital Group is expected to be smaller as well. At this point, Dotdigital Group Plc has a negative expected return of -0.0464%. Please make sure to confirm Dotdigital Group's maximum drawdown, potential upside, kurtosis, as well as the relationship between the value at risk and skewness , to decide if Dotdigital Group Plc performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.13 |
Insignificant reverse predictability
Dotdigital Group Plc has insignificant reverse predictability. Overlapping area represents the amount of predictability between Dotdigital Group time series from 25th of June 2024 to 23rd of September 2024 and 23rd of September 2024 to 22nd 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 Dotdigital Group Plc price movement. The serial correlation of -0.13 indicates that less than 13.0% of current Dotdigital Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.13 | |
| Spearman Rank Test | -0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 13.98 |
Dotdigital Group Plc lagged returns against current returns
Autocorrelation, which is Dotdigital Group 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 Dotdigital Group's stock expected returns. We can calculate the autocorrelation of Dotdigital Group returns to help us make a trade decision. For example, suppose you find that Dotdigital Group 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 |
Dotdigital Group 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 Dotdigital Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dotdigital Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dotdigital Group stock over time.
Current vs Lagged Prices |
| Timeline |
Dotdigital Group Lagged Returns
When evaluating Dotdigital Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dotdigital Group stock have on its future price. Dotdigital Group 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, Dotdigital Group autocorrelation shows the relationship between Dotdigital Group stock current value and its past values and can show if there is a momentum factor associated with investing in Dotdigital Group Plc.
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 Dotdigital Stock Analysis
When running Dotdigital Group's price analysis, check to measure Dotdigital Group'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 Dotdigital Group is operating at the current time. Most of Dotdigital Group's value examination focuses on studying past and present price action to predict the probability of Dotdigital Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dotdigital Group's price. Additionally, you may evaluate how the addition of Dotdigital Group to your portfolios can decrease your overall portfolio volatility.