Domino’s Pizza (UK) Market Value
| DOM Stock | 340.80 1.60 0.47% |
| Symbol | Domino’s |
Domino’s Pizza '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 Domino’s Pizza'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 Domino’s Pizza.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Domino’s Pizza on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Dominos Pizza Group or generate 0.0% return on investment in Domino’s Pizza over 30 days. Domino’s Pizza is related to or competes with Jacquet Metal, European Metals, Sovereign Metals, GreenX Metals, Zinc Media, Panther Metals, and Gaztransport. Dominos Pizza is entity of United Kingdom More
Domino’s Pizza 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 Domino’s Pizza'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 Dominos Pizza Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.67 | |||
| Information Ratio | 0.0372 | |||
| Maximum Drawdown | 6.42 | |||
| Value At Risk | (2.73) | |||
| Potential Upside | 2.71 |
Domino’s Pizza Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Domino’s Pizza's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Domino’s Pizza's standard deviation. In reality, there are many statistical measures that can use Domino’s Pizza historical prices to predict the future Domino’s Pizza's volatility.| Risk Adjusted Performance | 0.0925 | |||
| Jensen Alpha | 0.22 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.0366 | |||
| Treynor Ratio | (0.47) |
Dominos Pizza Group Backtested Returns
At this point, Domino’s Pizza is very steady. Dominos Pizza Group secures Sharpe Ratio (or Efficiency) of 0.11, which denotes the company had a 0.11% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Dominos Pizza Group, which you can use to evaluate the volatility of the firm. Please confirm Domino’s Pizza's Coefficient Of Variation of 879.29, mean deviation of 1.25, and Downside Deviation of 1.67 to check if the risk estimate we provide is consistent with the expected return of 0.18%. Domino’s Pizza has a performance score of 8 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.38, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Domino’s Pizza are expected to decrease at a much lower rate. During the bear market, Domino’s Pizza is likely to outperform the market. Dominos Pizza Group right now shows a risk of 1.66%. Please confirm Dominos Pizza Group treynor ratio, downside variance, and the relationship between the total risk alpha and value at risk , to decide if Dominos Pizza Group will be following its price patterns.
Auto-correlation | 0.25 |
Poor predictability
Dominos Pizza Group has poor predictability. Overlapping area represents the amount of predictability between Domino’s Pizza time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th of November 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 Dominos Pizza Group price movement. The serial correlation of 0.25 indicates that over 25.0% of current Domino’s Pizza price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.25 | |
| Spearman Rank Test | 0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 8.73 |
Dominos Pizza Group lagged returns against current returns
Autocorrelation, which is Domino’s Pizza 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 Domino’s Pizza's stock expected returns. We can calculate the autocorrelation of Domino’s Pizza returns to help us make a trade decision. For example, suppose you find that Domino’s Pizza 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 |
Domino’s Pizza 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 Domino’s Pizza stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Domino’s Pizza stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Domino’s Pizza stock over time.
Current vs Lagged Prices |
| Timeline |
Domino’s Pizza Lagged Returns
When evaluating Domino’s Pizza's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Domino’s Pizza stock have on its future price. Domino’s Pizza 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, Domino’s Pizza autocorrelation shows the relationship between Domino’s Pizza stock current value and its past values and can show if there is a momentum factor associated with investing in Dominos Pizza Group.
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.Other Information on Investing in Domino’s Stock
Domino’s Pizza financial ratios help investors to determine whether Domino’s 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 Domino’s with respect to the benefits of owning Domino’s Pizza security.