Dometic Group (Sweden) Market Value
| DOM Stock | SEK 46.64 0.64 1.39% |
| Symbol | Dometic |
Dometic Group '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 Dometic Group'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 Dometic Group.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Dometic Group on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Dometic Group AB or generate 0.0% return on investment in Dometic Group over 90 days. Dometic Group is related to or competes with Thule Group, Husqvarna, Trelleborg, Essity AB, and Securitas. Dometic Group AB , together with its subsidiaries, provides solutions for mobile living in the areas of food and beverag... More
Dometic Group 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 Dometic Group'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 Dometic Group AB upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 10.26 | |||
| Value At Risk | (4.76) | |||
| Potential Upside | 2.27 |
Dometic Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dometic Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dometic Group's standard deviation. In reality, there are many statistical measures that can use Dometic Group historical prices to predict the future Dometic Group's volatility.| Risk Adjusted Performance | (0.1) | |||
| Jensen Alpha | (0.23) | |||
| Total Risk Alpha | (0.001) | |||
| Treynor Ratio | (0.83) |
Dometic Group AB Backtested Returns
Dometic Group AB secures Sharpe Ratio (or Efficiency) of -0.1, which denotes the company had a -0.1 % return per unit of risk over the last 3 months. Dometic Group AB exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dometic Group's Standard Deviation of 2.13, variance of 4.52, and Mean Deviation of 1.58 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.32, which means possible diversification benefits within a given portfolio. As returns on the market increase, Dometic Group's returns are expected to increase less than the market. However, during the bear market, the loss of holding Dometic Group is expected to be smaller as well. At this point, Dometic Group AB has a negative expected return of -0.22%. Please make sure to confirm Dometic Group's total risk alpha, accumulation distribution, period momentum indicator, as well as the relationship between the potential upside and day median price , to decide if Dometic Group AB performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.66 |
Very good reverse predictability
Dometic Group AB has very good reverse predictability. Overlapping area represents the amount of predictability between Dometic Group time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 Dometic Group AB price movement. The serial correlation of -0.66 indicates that around 66.0% of current Dometic Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.66 | |
| Spearman Rank Test | -0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 8.89 |
Dometic Group AB lagged returns against current returns
Autocorrelation, which is Dometic Group 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 Dometic Group's stock expected returns. We can calculate the autocorrelation of Dometic Group returns to help us make a trade decision. For example, suppose you find that Dometic Group 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 |
Dometic Group 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 Dometic Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dometic Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dometic Group stock over time.
Current vs Lagged Prices |
| Timeline |
Dometic Group Lagged Returns
When evaluating Dometic Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dometic Group stock have on its future price. Dometic Group 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, Dometic Group autocorrelation shows the relationship between Dometic Group stock current value and its past values and can show if there is a momentum factor associated with investing in Dometic Group AB.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Dometic Stock Analysis
When running Dometic Group's price analysis, check to measure Dometic Group's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Dometic Group is operating at the current time. Most of Dometic Group's value examination focuses on studying past and present price action to predict the probability of Dometic Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dometic Group's price. Additionally, you may evaluate how the addition of Dometic Group to your portfolios can decrease your overall portfolio volatility.