DXC Technology's market value is the price at which a share of DXC Technology trades on a public exchange. It measures the collective expectations of DXC Technology investors about its performance. DXC Technology is trading at 134.40 as of the 2nd of January 2025, a No Change since the beginning of the trading day. The stock's open price was 134.4. With this module, you can estimate the performance of a buy and hold strategy of DXC Technology and determine expected loss or profit from investing in DXC Technology over a given investment horizon. Check out DXC Technology Correlation, DXC Technology Volatility and DXC Technology Alpha and Beta module to complement your research on DXC Technology.
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.
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12/03/2024
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In 31 days
01/02/2025
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If you would invest 0.00 in DXC Technology on December 3, 2024 and sell it all today you would earn a total of 0.00 from holding DXC Technology or generate 0.0% return on investment in DXC Technology over 30 days. DXC Technology is related to or competes with Accenture Plc, Fidelity National, Cognizant Technology, and . 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 upside and downside potential and time the market with a certain degree of confidence.
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.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as DXC Technology. Your research has to be compared to or analyzed against DXC Technology's peers to derive any actionable benefits. When done correctly, DXC Technology's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in DXC Technology.
DXC Technology Backtested Returns
DXC Technology appears to be very steady, given 3 months investment horizon. DXC Technology retains Efficiency (Sharpe Ratio) of 0.13, which denotes the company had a 0.13% return per unit of risk over the last 3 months. We have found sixteen technical indicators for DXC Technology, which you can use to evaluate the volatility of the firm. Please utilize DXC Technology's Variance of 9.95, market risk adjusted performance of (2.09), and Standard Deviation of 3.15 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 10. The firm owns a Beta (Systematic Risk) of -0.18, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning DXC Technology are expected to decrease at a much lower rate. During the bear market, DXC Technology is likely to outperform the market. Please check DXC Technology's standard deviation, information ratio, and the relationship between the coefficient of variation and variance , to make a quick decision on whether DXC Technology's current price history will revert.
Auto-correlation
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No correlation between past and present
DXC Technology has no correlation between past and present. Overlapping area represents the amount of predictability between DXC Technology time series from 3rd of December 2024 to 18th of December 2024 and 18th of December 2024 to 2nd of January 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 DXC Technology price movement. The serial correlation of 0.0 indicates that just 0.0% of current DXC Technology price fluctuation can be explain by its past prices.
Correlation Coefficient
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Spearman Rank Test
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Residual Average
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Price Variance
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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
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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
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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.
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.
DXC Technology financial ratios help investors to determine whether DXC Stock 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 DXC with respect to the benefits of owning DXC Technology security.