Dixon Technologies' market value is the price at which a share of Dixon Technologies trades on a public exchange. It measures the collective expectations of Dixon Technologies Limited investors about its performance. Dixon Technologies is selling at 16852.70 as of the 10th of January 2025; that is 0.31 percent decrease since the beginning of the trading day. The stock's open price was 16905.85. With this module, you can estimate the performance of a buy and hold strategy of Dixon Technologies Limited and determine expected loss or profit from investing in Dixon Technologies over a given investment horizon. Check out Dixon Technologies Correlation, Dixon Technologies Volatility and Dixon Technologies Alpha and Beta module to complement your research on Dixon Technologies.
Please note, there is a significant difference between Dixon Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Dixon Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dixon Technologies' 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.
Dixon Technologies '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 Dixon Technologies' 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 Dixon Technologies.
0.00
01/21/2023
No Change 0.00
0.0
In 1 year 11 months and 22 days
01/10/2025
0.00
If you would invest 0.00 in Dixon Technologies on January 21, 2023 and sell it all today you would earn a total of 0.00 from holding Dixon Technologies Limited or generate 0.0% return on investment in Dixon Technologies over 720 days. Dixon Technologies is related to or competes with Radiant Cash, Tamilnadu Telecommunicatio, One 97, Hi Tech, Gallantt Ispat, and Pritish Nandy. Dixon Technologies is entity of India. It is traded as Stock on NSE exchange. More
Dixon Technologies 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 Dixon Technologies' 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 Dixon Technologies Limited 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 Dixon Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dixon Technologies' standard deviation. In reality, there are many statistical measures that can use Dixon Technologies historical prices to predict the future Dixon Technologies' volatility.
Dixon Technologies appears to be very steady, given 3 months investment horizon. Dixon Technologies secures Sharpe Ratio (or Efficiency) of 0.0745, which denotes the company had a 0.0745% return per unit of risk over the last 3 months. We have found thirty technical indicators for Dixon Technologies Limited, which you can use to evaluate the volatility of the firm. Please utilize Dixon Technologies' Mean Deviation of 1.75, downside deviation of 2.88, and Coefficient Of Variation of 727.08 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Dixon Technologies holds a performance score of 5. The firm shows a Beta (market volatility) of 1.15, which means a somewhat significant risk relative to the market. Dixon Technologies returns are very sensitive to returns on the market. As the market goes up or down, Dixon Technologies is expected to follow. Please check Dixon Technologies' downside variance, as well as the relationship between the accumulation distribution and market facilitation index , to make a quick decision on whether Dixon Technologies' price patterns will revert.
Auto-correlation
0.97
Excellent predictability
Dixon Technologies Limited has excellent predictability. Overlapping area represents the amount of predictability between Dixon Technologies time series from 21st of January 2023 to 16th of January 2024 and 16th of January 2024 to 10th 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 Dixon Technologies price movement. The serial correlation of 0.97 indicates that 97.0% of current Dixon Technologies price fluctuation can be explain by its past prices.
Correlation Coefficient
0.97
Spearman Rank Test
0.96
Residual Average
0.0
Price Variance
13.9 M
Dixon Technologies lagged returns against current returns
Autocorrelation, which is Dixon Technologies 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 Dixon Technologies' stock expected returns. We can calculate the autocorrelation of Dixon Technologies returns to help us make a trade decision. For example, suppose you find that Dixon Technologies 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
Dixon Technologies 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 Dixon Technologies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dixon Technologies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dixon Technologies stock over time.
Current vs Lagged Prices
Timeline
Dixon Technologies Lagged Returns
When evaluating Dixon Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dixon Technologies stock have on its future price. Dixon Technologies 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, Dixon Technologies autocorrelation shows the relationship between Dixon Technologies stock current value and its past values and can show if there is a momentum factor associated with investing in Dixon Technologies Limited.
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.
Dixon Technologies financial ratios help investors to determine whether Dixon 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 Dixon with respect to the benefits of owning Dixon Technologies security.