Dxc Technology Co Stock Market Value
| DXC Stock | USD 22.38 0.15 0.67% |
| Symbol | DXC |
DXC Technology Price To Book Ratio
Is IT Consulting & Other Services 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 DXC Technology. If investors know DXC 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 DXC Technology 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 (0.53) | Earnings Share 0.18 | Revenue Per Share 72.47 | Quarterly Revenue Growth (0.06) | Return On Assets 0.0103 |
The market value of DXC Technology is measured differently than its book value, which is the value of DXC that is recorded on the company's balance sheet. Investors also form their own opinion of DXC Technology's value that differs from its market value or its book value, called intrinsic value, which is DXC Technology'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 DXC Technology's market value can be influenced by many factors that don't directly affect DXC Technology'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 DXC Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if DXC Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DXC Technology'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.
DXC Technology '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 DXC Technology'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 DXC Technology.
| 05/09/2023 |
| 11/29/2024 |
If you would invest 0.00 in DXC Technology on May 9, 2023 and sell it all today you would earn a total of 0.00 from holding DXC Technology Co or generate 0.0% return on investment in DXC Technology over 570 days. DXC Technology is related to or competes with Innodata, International Business, Aurora Innovation, BigBearai Holdings, Grid Dynamics, CLPS, and ARB IOT. DXC Technology Company, together with its subsidiaries, provides information technology services and solutions primarily... More
DXC Technology 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 DXC Technology'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 DXC Technology Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.25 | |||
| Information Ratio | 0.0124 | |||
| Maximum Drawdown | 10.75 | |||
| Value At Risk | (4.01) | |||
| Potential Upside | 3.21 |
DXC Technology Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for DXC Technology's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as DXC Technology's standard deviation. In reality, there are many statistical measures that can use DXC Technology historical prices to predict the future DXC Technology's volatility.| Risk Adjusted Performance | 0.0566 | |||
| Jensen Alpha | 0.0152 | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | 0.0131 | |||
| Treynor Ratio | 0.1289 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of DXC Technology'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.
DXC Technology Backtested Returns
At this point, DXC Technology is not too volatile. DXC Technology retains Efficiency (Sharpe Ratio) of 0.0733, which denotes the company had a 0.0733% return per unit of risk over the last 3 months. We have found thirty technical indicators for DXC Technology, which you can use to evaluate the volatility of the firm. Please confirm DXC Technology's Downside Deviation of 2.25, coefficient of variation of 1537.63, and Market Risk Adjusted Performance of 0.1389 to check if the risk estimate we provide is consistent with the expected return of 0.18%. DXC Technology has a performance score of 5 on a scale of 0 to 100. The firm owns a Beta (Systematic Risk) of 1.12, which means a somewhat significant risk relative to the market. DXC Technology returns are very sensitive to returns on the market. As the market goes up or down, DXC Technology is expected to follow. DXC Technology now owns a risk of 2.42%. Please confirm DXC Technology Co potential upside, rate of daily change, and the relationship between the sortino ratio and skewness , to decide if DXC Technology Co will be following its current price history.
Auto-correlation | 0.42 |
Average predictability
DXC Technology Co has average predictability. Overlapping area represents the amount of predictability between DXC Technology time series from 9th of May 2023 to 18th of February 2024 and 18th of February 2024 to 29th 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 DXC Technology price movement. The serial correlation of 0.42 indicates that just about 42.0% of current DXC Technology price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.42 | |
| Spearman Rank Test | -0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 2.44 |
DXC Technology lagged returns against current returns
Autocorrelation, which is DXC Technology 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 DXC Technology's stock expected returns. We can calculate the autocorrelation of DXC Technology returns to help us make a trade decision. For example, suppose you find that DXC Technology 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 |
DXC Technology 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 DXC Technology stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if DXC Technology stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in DXC Technology stock over time.
Current vs Lagged Prices |
| Timeline |
DXC Technology Lagged Returns
When evaluating DXC Technology's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of DXC Technology stock have on its future price. DXC Technology 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, DXC Technology autocorrelation shows the relationship between DXC Technology stock current value and its past values and can show if there is a momentum factor associated with investing in DXC Technology Co.
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 DXC Technology offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of DXC Technology's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Dxc Technology Co Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Dxc Technology Co Stock:Check out DXC Technology Correlation, DXC Technology Volatility and DXC Technology Alpha and Beta module to complement your research on DXC Technology. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
DXC Technology 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.