DXC Technology (Germany) Market Value
| 2XT Stock | 20.86 0.04 0.19% |
| Symbol | DXC |
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.
| 06/04/2024 |
| 12/01/2024 |
If you would invest 0.00 in DXC Technology on June 4, 2024 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 180 days. DXC Technology is related to or competes with Apple, Apple, Apple, Apple, Apple, Apple, and Microsoft. 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 | 1.96 | |||
| Information Ratio | 0.0253 | |||
| Maximum Drawdown | 12.35 | |||
| Value At Risk | (3.87) | |||
| Potential Upside | 3.49 |
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 | 0.073 | |||
| Jensen Alpha | 0.0988 | |||
| Total Risk Alpha | (0.19) | |||
| Sortino Ratio | 0.029 | |||
| Treynor Ratio | 0.2751 |
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
DXC Technology appears to be very steady, given 3 months investment horizon. DXC Technology retains Efficiency (Sharpe Ratio) of 0.0875, which denotes the company had a 0.0875% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for DXC Technology, which you can use to evaluate the volatility of the firm. Please utilize DXC Technology's Downside Deviation of 1.96, coefficient of variation of 1151.87, and Market Risk Adjusted Performance of 0.2851 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, DXC Technology holds a performance score of 6. The firm owns a Beta (Systematic Risk) of 0.67, which means possible diversification benefits within a given portfolio. As returns on the market increase, DXC Technology's returns are expected to increase less than the market. However, during the bear market, the loss of holding DXC Technology is expected to be smaller as well. Please check DXC Technology's coefficient of variation, potential upside, day median price, as well as the relationship between the sortino ratio and skewness , to make a quick decision on whether DXC Technology's current price history will revert.
Auto-correlation | 0.30 |
Below average predictability
DXC Technology Co has below average predictability. Overlapping area represents the amount of predictability between DXC Technology 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 DXC Technology price movement. The serial correlation of 0.3 indicates that nearly 30.0% of current DXC Technology price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.3 | |
| Spearman Rank Test | 0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 1.01 |
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 |
Thematic Opportunities
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Additional Tools for DXC Stock Analysis
When running DXC Technology's price analysis, check to measure DXC Technology'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 DXC Technology is operating at the current time. Most of DXC Technology's value examination focuses on studying past and present price action to predict the probability of DXC Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DXC Technology's price. Additionally, you may evaluate how the addition of DXC Technology to your portfolios can decrease your overall portfolio volatility.