Dt Midstream Stock Market Value
| DTM Stock | USD 106.12 0.31 0.29% |
| Symbol | DTM |
DT Midstream Price To Book Ratio
Is Oil & Gas Storage & Transportation 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 DT Midstream. If investors know DTM 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 DT Midstream 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 (0.04) | Dividend Share 2.895 | Earnings Share 4.11 | Revenue Per Share 10.057 | Quarterly Revenue Growth 0.06 |
The market value of DT Midstream is measured differently than its book value, which is the value of DTM that is recorded on the company's balance sheet. Investors also form their own opinion of DT Midstream's value that differs from its market value or its book value, called intrinsic value, which is DT Midstream'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 DT Midstream's market value can be influenced by many factors that don't directly affect DT Midstream'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 DT Midstream's value and its price as these two are different measures arrived at by different means. Investors typically determine if DT Midstream is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DT Midstream'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.
DT Midstream '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 DT Midstream'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 DT Midstream.
| 06/04/2024 |
| 12/01/2024 |
If you would invest 0.00 in DT Midstream on June 4, 2024 and sell it all today you would earn a total of 0.00 from holding DT Midstream or generate 0.0% return on investment in DT Midstream over 180 days. DT Midstream is related to or competes with Western Midstream, MPLX LP, Hess Midstream, Brooge Holdings, Plains GP, Targa Resources, and Plains All. DT Midstream, Inc. provides integrated natural gas services in the United States More
DT Midstream 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 DT Midstream'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 DT Midstream upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.07 | |||
| Information Ratio | 0.2704 | |||
| Maximum Drawdown | 8.14 | |||
| Value At Risk | (1.56) | |||
| Potential Upside | 2.63 |
DT Midstream Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for DT Midstream's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as DT Midstream's standard deviation. In reality, there are many statistical measures that can use DT Midstream historical prices to predict the future DT Midstream's volatility.| Risk Adjusted Performance | 0.2853 | |||
| Jensen Alpha | 0.4188 | |||
| Total Risk Alpha | 0.2746 | |||
| Sortino Ratio | 0.3583 | |||
| Treynor Ratio | 0.7014 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of DT Midstream's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
DT Midstream Backtested Returns
DT Midstream appears to be very steady, given 3 months investment horizon. DT Midstream retains Efficiency (Sharpe Ratio) of 0.37, which denotes the company had a 0.37% return per unit of price deviation over the last 3 months. By examining DT Midstream's technical indicators, you can evaluate if the expected return of 0.52% is justified by implied risk. Please utilize DT Midstream's Market Risk Adjusted Performance of 0.7114, standard deviation of 1.42, and Downside Deviation of 1.07 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, DT Midstream holds a performance score of 29. The firm owns a Beta (Systematic Risk) of 0.73, which means possible diversification benefits within a given portfolio. As returns on the market increase, DT Midstream's returns are expected to increase less than the market. However, during the bear market, the loss of holding DT Midstream is expected to be smaller as well. Please check DT Midstream's coefficient of variation, semi variance, price action indicator, as well as the relationship between the treynor ratio and daily balance of power , to make a quick decision on whether DT Midstream's current price history will revert.
Auto-correlation | 0.88 |
Very good predictability
DT Midstream has very good predictability. Overlapping area represents the amount of predictability between DT Midstream time series from 4th of June 2024 to 2nd of September 2024 and 2nd of September 2024 to 1st 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 DT Midstream price movement. The serial correlation of 0.88 indicates that approximately 88.0% of current DT Midstream price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.88 | |
| Spearman Rank Test | 0.92 | |
| Residual Average | 0.0 | |
| Price Variance | 105.03 |
DT Midstream lagged returns against current returns
Autocorrelation, which is DT Midstream 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 DT Midstream's stock expected returns. We can calculate the autocorrelation of DT Midstream returns to help us make a trade decision. For example, suppose you find that DT Midstream 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 |
DT Midstream 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 DT Midstream stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if DT Midstream stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in DT Midstream stock over time.
Current vs Lagged Prices |
| Timeline |
DT Midstream Lagged Returns
When evaluating DT Midstream's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of DT Midstream stock have on its future price. DT Midstream 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, DT Midstream autocorrelation shows the relationship between DT Midstream stock current value and its past values and can show if there is a momentum factor associated with investing in DT Midstream.
Regressed Prices |
| Timeline |
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DT Midstream 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.