Dollar Tree (Germany) Market Value
| DT3 Stock | EUR 69.66 0.15 0.21% |
| Symbol | Dollar |
Dollar Tree '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 Dollar Tree'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 Dollar Tree.
| 01/07/2023 |
| 12/27/2024 |
If you would invest 0.00 in Dollar Tree on January 7, 2023 and sell it all today you would earn a total of 0.00 from holding Dollar Tree or generate 0.0% return on investment in Dollar Tree over 720 days. Dollar Tree is related to or competes with Walmart, Target, Wal-Mart, Dollar General, Dollarama, and Burlington Stores. It operates through two segments, Dollar Tree and Family Dollar More
Dollar Tree 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 Dollar Tree'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 Dollar Tree upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.1 | |||
| Information Ratio | 0.0429 | |||
| Maximum Drawdown | 10.96 | |||
| Value At Risk | (3.26) | |||
| Potential Upside | 6.0 |
Dollar Tree Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dollar Tree's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dollar Tree's standard deviation. In reality, there are many statistical measures that can use Dollar Tree historical prices to predict the future Dollar Tree's volatility.| Risk Adjusted Performance | 0.0577 | |||
| Jensen Alpha | 0.1379 | |||
| Total Risk Alpha | 0.0141 | |||
| Sortino Ratio | 0.0515 | |||
| Treynor Ratio | 0.4819 |
Dollar Tree Backtested Returns
At this point, Dollar Tree is very steady. Dollar Tree secures Sharpe Ratio (or Efficiency) of 0.0746, which denotes the company had a 0.0746% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Dollar Tree, which you can use to evaluate the volatility of the firm. Please confirm Dollar Tree's Mean Deviation of 1.88, downside deviation of 2.1, and Coefficient Of Variation of 1561.79 to check if the risk estimate we provide is consistent with the expected return of 0.19%. Dollar Tree has a performance score of 5 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.31, which means possible diversification benefits within a given portfolio. As returns on the market increase, Dollar Tree's returns are expected to increase less than the market. However, during the bear market, the loss of holding Dollar Tree is expected to be smaller as well. Dollar Tree right now shows a risk of 2.53%. Please confirm Dollar Tree jensen alpha, sortino ratio, and the relationship between the standard deviation and total risk alpha , to decide if Dollar Tree will be following its price patterns.
Auto-correlation | 0.83 |
Very good predictability
Dollar Tree has very good predictability. Overlapping area represents the amount of predictability between Dollar Tree time series from 7th of January 2023 to 2nd of January 2024 and 2nd of January 2024 to 27th 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 Dollar Tree price movement. The serial correlation of 0.83 indicates that around 83.0% of current Dollar Tree price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.83 | |
| Spearman Rank Test | 0.75 | |
| Residual Average | 0.0 | |
| Price Variance | 653.54 |
Dollar Tree lagged returns against current returns
Autocorrelation, which is Dollar Tree 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 Dollar Tree's stock expected returns. We can calculate the autocorrelation of Dollar Tree returns to help us make a trade decision. For example, suppose you find that Dollar Tree 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 |
Dollar Tree 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 Dollar Tree stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dollar Tree stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dollar Tree stock over time.
Current vs Lagged Prices |
| Timeline |
Dollar Tree Lagged Returns
When evaluating Dollar Tree's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dollar Tree stock have on its future price. Dollar Tree 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, Dollar Tree autocorrelation shows the relationship between Dollar Tree stock current value and its past values and can show if there is a momentum factor associated with investing in Dollar Tree.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Dollar Stock
When determining whether Dollar Tree is a strong investment it is important to analyze Dollar Tree'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 Dollar Tree's future performance. For an informed investment choice regarding Dollar Stock, refer to the following important reports:Check out Dollar Tree Correlation, Dollar Tree Volatility and Dollar Tree Alpha and Beta module to complement your research on Dollar Tree. For more detail on how to invest in Dollar Stock please use our How to Invest in Dollar Tree guide.You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Dollar Tree 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.