DOMINION ENERGY INC Market Value
| 25746UCC1 | 86.22 1.01 1.16% |
| Symbol | DOMINION |
DOMINION '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 DOMINION's bond 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 DOMINION.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in DOMINION on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding DOMINION ENERGY INC or generate 0.0% return on investment in DOMINION over 30 days. DOMINION is related to or competes with 00108WAF7, 90331HPL1, International Business, Intel, Home Depot, Verizon Communications, and Boeing. More
DOMINION 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 DOMINION's bond 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 DOMINION ENERGY INC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9902 | |||
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 4.19 | |||
| Value At Risk | (1.53) | |||
| Potential Upside | 1.89 |
DOMINION Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for DOMINION's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as DOMINION's standard deviation. In reality, there are many statistical measures that can use DOMINION historical prices to predict the future DOMINION's volatility.| Risk Adjusted Performance | 0.044 | |||
| Jensen Alpha | 0.0382 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | 0.7727 |
DOMINION ENERGY INC Backtested Returns
DOMINION ENERGY INC secures Sharpe Ratio (or Efficiency) of -0.0968, which denotes the bond had a -0.0968% return per unit of risk over the last 3 months. DOMINION ENERGY INC exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm DOMINION's Downside Deviation of 0.9902, mean deviation of 0.7916, and Semi Deviation of 0.9137 to check the risk estimate we provide. The bond shows a Beta (market volatility) of 0.0581, which means not very significant fluctuations relative to the market. As returns on the market increase, DOMINION's returns are expected to increase less than the market. However, during the bear market, the loss of holding DOMINION is expected to be smaller as well.
Auto-correlation | 0.78 |
Good predictability
DOMINION ENERGY INC has good predictability. Overlapping area represents the amount of predictability between DOMINION time series from 30th of October 2024 to 14th of November 2024 and 14th of November 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 DOMINION ENERGY INC price movement. The serial correlation of 0.78 indicates that around 78.0% of current DOMINION price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.78 | |
| Spearman Rank Test | -1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.48 |
DOMINION ENERGY INC lagged returns against current returns
Autocorrelation, which is DOMINION bond'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 DOMINION's bond expected returns. We can calculate the autocorrelation of DOMINION returns to help us make a trade decision. For example, suppose you find that DOMINION has exhibited high autocorrelation historically, and you observe that the bond 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 |
DOMINION 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 DOMINION bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if DOMINION bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in DOMINION bond over time.
Current vs Lagged Prices |
| Timeline |
DOMINION Lagged Returns
When evaluating DOMINION's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of DOMINION bond have on its future price. DOMINION 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, DOMINION autocorrelation shows the relationship between DOMINION bond current value and its past values and can show if there is a momentum factor associated with investing in DOMINION ENERGY INC.
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.Other Information on Investing in DOMINION Bond
DOMINION financial ratios help investors to determine whether DOMINION Bond is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in DOMINION with respect to the benefits of owning DOMINION security.