Dominion Energy Stock Market Value
| D Stock | USD 55.59 1.12 1.97% |
| Symbol | Dominion |
Dominion Energy Price To Book Ratio
Is Multi-Utilities 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 Dominion Energy. If investors know Dominion 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 Dominion Energy 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 (0.42) | Dividend Share 2.67 | Earnings Share 2.2 | Revenue Per Share | Quarterly Revenue Growth (0.04) |
The market value of Dominion Energy is measured differently than its book value, which is the value of Dominion that is recorded on the company's balance sheet. Investors also form their own opinion of Dominion Energy's value that differs from its market value or its book value, called intrinsic value, which is Dominion Energy'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 Dominion Energy's market value can be influenced by many factors that don't directly affect Dominion Energy'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 Dominion Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dominion Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dominion Energy'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.
Dominion Energy '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 Energy'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 Dominion Energy.
| 02/28/2023 |
| 02/17/2025 |
If you would invest 0.00 in Dominion Energy on February 28, 2023 and sell it all today you would earn a total of 0.00 from holding Dominion Energy or generate 0.0% return on investment in Dominion Energy over 720 days. Dominion Energy is related to or competes with Southern, American Electric, Nextera Energy, Consolidated Edison, Duke Energy, Exelon, and Edison International. Dominion Energy, Inc. produces and distributes energy in the United States More
Dominion Energy 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 Energy'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 Dominion Energy upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 8.4 | |||
| Value At Risk | (2.22) | |||
| Potential Upside | 1.39 |
Dominion Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dominion Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dominion Energy's standard deviation. In reality, there are many statistical measures that can use Dominion Energy historical prices to predict the future Dominion Energy's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.04) | |||
| Treynor Ratio | (0.12) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Dominion Energy'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.
Dominion Energy Backtested Returns
Dominion Energy secures Sharpe Ratio (or Efficiency) of -0.0206, which denotes the company had a -0.0206 % return per unit of risk over the last 3 months. Dominion Energy exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dominion Energy's Mean Deviation of 1.02, variance of 2.07, and Standard Deviation of 1.44 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.36, which means possible diversification benefits within a given portfolio. As returns on the market increase, Dominion Energy's returns are expected to increase less than the market. However, during the bear market, the loss of holding Dominion Energy is expected to be smaller as well. At this point, Dominion Energy has a negative expected return of -0.0295%. Please make sure to confirm Dominion Energy's potential upside, daily balance of power, and the relationship between the maximum drawdown and kurtosis , to decide if Dominion Energy performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.86 |
Excellent reverse predictability
Dominion Energy has excellent reverse predictability. Overlapping area represents the amount of predictability between Dominion Energy time series from 28th of February 2023 to 23rd of February 2024 and 23rd of February 2024 to 17th of February 2025. 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 price movement. The serial correlation of -0.86 indicates that approximately 86.0% of current Dominion Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.86 | |
| Spearman Rank Test | -0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 16.66 |
Dominion Energy lagged returns against current returns
Autocorrelation, which is Dominion Energy 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 Dominion Energy's stock expected returns. We can calculate the autocorrelation of Dominion Energy returns to help us make a trade decision. For example, suppose you find that Dominion Energy 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 |
Dominion Energy 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 Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dominion Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dominion Energy stock over time.
Current vs Lagged Prices |
| Timeline |
Dominion Energy Lagged Returns
When evaluating Dominion Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dominion Energy stock have on its future price. Dominion Energy 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 Energy autocorrelation shows the relationship between Dominion Energy stock current value and its past values and can show if there is a momentum factor associated with investing in Dominion Energy.
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.Check out Dominion Energy Correlation, Dominion Energy Volatility and Dominion Energy Alpha and Beta module to complement your research on Dominion Energy. For information on how to trade Dominion Stock refer to our How to Trade Dominion Stock guide.You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Dominion Energy 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.