Dentalcorp Holdings Stock Market Value
| DNTL Stock | 7.34 0.23 3.23% |
| Symbol | Dentalcorp |
dentalcorp Holdings Price To Book Ratio
Dentalcorp Holdings '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 Dentalcorp Holdings' 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 Dentalcorp Holdings.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Dentalcorp Holdings on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding dentalcorp Holdings or generate 0.0% return on investment in Dentalcorp Holdings over 90 days. Dentalcorp Holdings is related to or competes with Pet Valu, CareRx Corp, Trisura, and Anaergia. Dentalcorp Holdings is entity of Canada. It is traded as Stock on TO exchange. More
Dentalcorp Holdings 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 Dentalcorp Holdings' 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 dentalcorp Holdings upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 6.22 | |||
| Value At Risk | (2.59) | |||
| Potential Upside | 2.37 |
Dentalcorp Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dentalcorp Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dentalcorp Holdings' standard deviation. In reality, there are many statistical measures that can use Dentalcorp Holdings historical prices to predict the future Dentalcorp Holdings' volatility.| Risk Adjusted Performance | (0.16) | |||
| Jensen Alpha | (0.22) | |||
| Total Risk Alpha | (0.10) | |||
| Treynor Ratio | (0.44) |
dentalcorp Holdings Backtested Returns
dentalcorp Holdings secures Sharpe Ratio (or Efficiency) of -0.14, which denotes the company had a -0.14 % return per unit of risk over the last 3 months. dentalcorp Holdings exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dentalcorp Holdings' Risk Adjusted Performance of (0.16), standard deviation of 1.49, and Coefficient Of Variation of (539.16) to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.65, which means possible diversification benefits within a given portfolio. As returns on the market increase, Dentalcorp Holdings' returns are expected to increase less than the market. However, during the bear market, the loss of holding Dentalcorp Holdings is expected to be smaller as well. At this point, dentalcorp Holdings has a negative expected return of -0.21%. Please make sure to confirm Dentalcorp Holdings' total risk alpha, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to decide if dentalcorp Holdings performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.29 |
Poor predictability
dentalcorp Holdings has poor predictability. Overlapping area represents the amount of predictability between Dentalcorp Holdings time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th of March 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 dentalcorp Holdings price movement. The serial correlation of 0.29 indicates that nearly 29.0% of current Dentalcorp Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.29 | |
| Spearman Rank Test | 0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
dentalcorp Holdings lagged returns against current returns
Autocorrelation, which is Dentalcorp Holdings 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 Dentalcorp Holdings' stock expected returns. We can calculate the autocorrelation of Dentalcorp Holdings returns to help us make a trade decision. For example, suppose you find that Dentalcorp Holdings 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 |
Dentalcorp Holdings 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 Dentalcorp Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dentalcorp Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dentalcorp Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
Dentalcorp Holdings Lagged Returns
When evaluating Dentalcorp Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dentalcorp Holdings stock have on its future price. Dentalcorp Holdings 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, Dentalcorp Holdings autocorrelation shows the relationship between Dentalcorp Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in dentalcorp Holdings.
Regressed Prices |
| Timeline |
Other Information on Investing in Dentalcorp Stock
Dentalcorp Holdings financial ratios help investors to determine whether Dentalcorp 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 Dentalcorp with respect to the benefits of owning Dentalcorp Holdings security.