Dlocal Stock Market Value
| DLO Stock | USD 11.61 0.17 1.49% |
| Symbol | Dlocal |
Dlocal Price To Book Ratio
Is Transaction & Payment Processing Services 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 Dlocal. If investors know Dlocal 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 Dlocal 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 (0.31) | Earnings Share 0.4 | Revenue Per Share 2.505 | Quarterly Revenue Growth 0.133 | Return On Assets 0.0822 |
The market value of Dlocal is measured differently than its book value, which is the value of Dlocal that is recorded on the company's balance sheet. Investors also form their own opinion of Dlocal's value that differs from its market value or its book value, called intrinsic value, which is Dlocal'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 Dlocal's market value can be influenced by many factors that don't directly affect Dlocal'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 Dlocal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dlocal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dlocal'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.
Dlocal '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 Dlocal'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 Dlocal.
| 11/03/2024 |
| 12/03/2024 |
If you would invest 0.00 in Dlocal on November 3, 2024 and sell it all today you would earn a total of 0.00 from holding Dlocal or generate 0.0% return on investment in Dlocal over 30 days. Dlocal is related to or competes with StoneCo, Nutanix, PagSeguro Digital, Uipath, Cloudflare, Affirm Holdings, and Endava. DLocal Limited operates a payments platform in the United States, Europe, China, and internationally More
Dlocal 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 Dlocal'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 Dlocal upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.63 | |||
| Information Ratio | 0.1 | |||
| Maximum Drawdown | 15.87 | |||
| Value At Risk | (3.98) | |||
| Potential Upside | 6.3 |
Dlocal Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dlocal's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dlocal's standard deviation. In reality, there are many statistical measures that can use Dlocal historical prices to predict the future Dlocal's volatility.| Risk Adjusted Performance | 0.1143 | |||
| Jensen Alpha | 0.3671 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.1188 | |||
| Treynor Ratio | 0.816 |
Dlocal Backtested Returns
Dlocal appears to be not too volatile, given 3 months investment horizon. Dlocal 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. By reviewing Dlocal's technical indicators, you can evaluate if the expected return of 0.53% is justified by implied risk. Please utilize Dlocal's Downside Deviation of 2.63, coefficient of variation of 715.8, and Mean Deviation of 2.24 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Dlocal holds a performance score of 13. The firm shows a Beta (market volatility) of 0.52, which means possible diversification benefits within a given portfolio. As returns on the market increase, Dlocal's returns are expected to increase less than the market. However, during the bear market, the loss of holding Dlocal is expected to be smaller as well. Please check Dlocal's semi variance, and the relationship between the treynor ratio and daily balance of power , to make a quick decision on whether Dlocal's price patterns will revert.
Auto-correlation | 0.84 |
Very good predictability
Dlocal has very good predictability. Overlapping area represents the amount of predictability between Dlocal time series from 3rd of November 2024 to 18th of November 2024 and 18th of November 2024 to 3rd 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 Dlocal price movement. The serial correlation of 0.84 indicates that around 84.0% of current Dlocal price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.84 | |
| Spearman Rank Test | 0.9 | |
| Residual Average | 0.0 | |
| Price Variance | 0.14 |
Dlocal lagged returns against current returns
Autocorrelation, which is Dlocal 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 Dlocal's stock expected returns. We can calculate the autocorrelation of Dlocal returns to help us make a trade decision. For example, suppose you find that Dlocal 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 |
Dlocal 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 Dlocal stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dlocal stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dlocal stock over time.
Current vs Lagged Prices |
| Timeline |
Dlocal Lagged Returns
When evaluating Dlocal's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dlocal stock have on its future price. Dlocal 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, Dlocal autocorrelation shows the relationship between Dlocal stock current value and its past values and can show if there is a momentum factor associated with investing in Dlocal.
Regressed Prices |
| Timeline |
Pair Trading with Dlocal
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Dlocal position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Dlocal will appreciate offsetting losses from the drop in the long position's value.Moving together with Dlocal Stock
Moving against Dlocal Stock
| 0.59 | MQ | Marqeta | PairCorr |
| 0.58 | FAAS | DigiAsia Corp Symbol Change | PairCorr |
| 0.48 | VRNS | Varonis Systems | PairCorr |
| 0.46 | VERI | Veritone | PairCorr |
The ability to find closely correlated positions to Dlocal could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dlocal when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Dlocal - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Dlocal to buy it.
The correlation of Dlocal is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Dlocal moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dlocal moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Dlocal can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Dlocal Correlation, Dlocal Volatility and Dlocal Alpha and Beta module to complement your research on Dlocal. To learn how to invest in Dlocal Stock, please use our How to Invest in Dlocal guide.You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Dlocal 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.