Donaldson Stock Market Value
| DCI Stock | USD 78.05 0.41 0.53% |
| Symbol | Donaldson |
Donaldson Price To Book Ratio
Is Industrial Machinery & Supplies & Components 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 Donaldson. If investors know Donaldson 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 Donaldson 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 0.216 | Dividend Share 1.04 | Earnings Share 3.38 | Revenue Per Share 29.713 | Quarterly Revenue Growth 0.064 |
The market value of Donaldson is measured differently than its book value, which is the value of Donaldson that is recorded on the company's balance sheet. Investors also form their own opinion of Donaldson's value that differs from its market value or its book value, called intrinsic value, which is Donaldson'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 Donaldson's market value can be influenced by many factors that don't directly affect Donaldson'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 Donaldson's value and its price as these two are different measures arrived at by different means. Investors typically determine if Donaldson is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Donaldson'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.
Donaldson '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 Donaldson'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 Donaldson.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Donaldson on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Donaldson or generate 0.0% return on investment in Donaldson over 30 days. Donaldson is related to or competes with Dover, Crane, and Graco. Donaldson Company, Inc. manufactures and sells filtration systems and replacement parts worldwide More
Donaldson 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 Donaldson'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 Donaldson upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8348 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 4.0 | |||
| Value At Risk | (1.27) | |||
| Potential Upside | 1.89 |
Donaldson Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Donaldson's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Donaldson's standard deviation. In reality, there are many statistical measures that can use Donaldson historical prices to predict the future Donaldson's volatility.| Risk Adjusted Performance | 0.1075 | |||
| Jensen Alpha | 0.0126 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.1424 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Donaldson'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.
Donaldson Backtested Returns
Donaldson is very steady at the moment. Donaldson secures Sharpe Ratio (or Efficiency) of 0.17, which denotes the company had a 0.17% return per unit of risk over the last 3 months. We have found thirty technical indicators for Donaldson, which you can use to evaluate the volatility of the firm. Please confirm Donaldson's Mean Deviation of 0.7692, downside deviation of 0.8348, and Coefficient Of Variation of 724.28 to check if the risk estimate we provide is consistent with the expected return of 0.15%. Donaldson has a performance score of 13 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.85, which means possible diversification benefits within a given portfolio. Donaldson returns are very sensitive to returns on the market. As the market goes up or down, Donaldson is expected to follow. Donaldson right now shows a risk of 0.89%. Please confirm Donaldson total risk alpha, downside variance, daily balance of power, as well as the relationship between the maximum drawdown and skewness , to decide if Donaldson will be following its price patterns.
Auto-correlation | 0.79 |
Good predictability
Donaldson has good predictability. Overlapping area represents the amount of predictability between Donaldson time series from 1st of November 2024 to 16th of November 2024 and 16th of November 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 Donaldson price movement. The serial correlation of 0.79 indicates that around 79.0% of current Donaldson price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.79 | |
| Spearman Rank Test | 0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 1.38 |
Donaldson lagged returns against current returns
Autocorrelation, which is Donaldson 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 Donaldson's stock expected returns. We can calculate the autocorrelation of Donaldson returns to help us make a trade decision. For example, suppose you find that Donaldson 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 |
Donaldson 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 Donaldson stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Donaldson stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Donaldson stock over time.
Current vs Lagged Prices |
| Timeline |
Donaldson Lagged Returns
When evaluating Donaldson's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Donaldson stock have on its future price. Donaldson 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, Donaldson autocorrelation shows the relationship between Donaldson stock current value and its past values and can show if there is a momentum factor associated with investing in Donaldson.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Donaldson offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Donaldson'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 Donaldson Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Donaldson Stock:Check out Donaldson Correlation, Donaldson Volatility and Donaldson Alpha and Beta module to complement your research on Donaldson. For more detail on how to invest in Donaldson Stock please use our How to Invest in Donaldson guide.You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Donaldson 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.