Dom Development (Poland) Market Value
| DOM Stock | 193.00 2.40 1.26% |
| Symbol | Dom |
Dom Development '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 Dom Development'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 Dom Development.
| 12/23/2024 |
| 01/22/2025 |
If you would invest 0.00 in Dom Development on December 23, 2024 and sell it all today you would earn a total of 0.00 from holding Dom Development SA or generate 0.0% return on investment in Dom Development over 30 days. Dom Development is related to or competes with M Food, Echo Investment, Investment Friends, and GreenX Metals. More
Dom Development 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 Dom Development'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 Dom Development SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.86 | |||
| Information Ratio | 0.009 | |||
| Maximum Drawdown | 10.65 | |||
| Value At Risk | (3.69) | |||
| Potential Upside | 3.07 |
Dom Development Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dom Development's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dom Development's standard deviation. In reality, there are many statistical measures that can use Dom Development historical prices to predict the future Dom Development's volatility.| Risk Adjusted Performance | 0.0298 | |||
| Jensen Alpha | 0.0439 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0089 | |||
| Treynor Ratio | (1.22) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Dom Development's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Dom Development SA Backtested Returns
Currently, Dom Development SA is very steady. Dom Development SA secures Sharpe Ratio (or Efficiency) of 0.0289, which denotes the company had a 0.0289 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Dom Development SA, which you can use to evaluate the volatility of the firm. Please confirm Dom Development's Mean Deviation of 1.3, coefficient of variation of 3459.73, and Downside Deviation of 1.86 to check if the risk estimate we provide is consistent with the expected return of 0.053%. Dom Development has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.0354, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Dom Development are expected to decrease at a much lower rate. During the bear market, Dom Development is likely to outperform the market. Dom Development SA right now shows a risk of 1.83%. Please confirm Dom Development SA total risk alpha, expected short fall, market facilitation index, as well as the relationship between the value at risk and daily balance of power , to decide if Dom Development SA will be following its price patterns.
Auto-correlation | 0.03 |
Virtually no predictability
Dom Development SA has virtually no predictability. Overlapping area represents the amount of predictability between Dom Development time series from 23rd of December 2024 to 7th of January 2025 and 7th of January 2025 to 22nd 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 Dom Development SA price movement. The serial correlation of 0.03 indicates that only 3.0% of current Dom Development price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.03 | |
| Spearman Rank Test | 0.49 | |
| Residual Average | 0.0 | |
| Price Variance | 3.18 |
Dom Development SA lagged returns against current returns
Autocorrelation, which is Dom Development 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 Dom Development's stock expected returns. We can calculate the autocorrelation of Dom Development returns to help us make a trade decision. For example, suppose you find that Dom Development 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 |
Dom Development 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 Dom Development stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dom Development stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dom Development stock over time.
Current vs Lagged Prices |
| Timeline |
Dom Development Lagged Returns
When evaluating Dom Development's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dom Development stock have on its future price. Dom Development 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, Dom Development autocorrelation shows the relationship between Dom Development stock current value and its past values and can show if there is a momentum factor associated with investing in Dom Development SA.
Regressed Prices |
| Timeline |
Pair Trading with Dom Development
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 Dom Development 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 Dom Development will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Dom Development could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dom Development 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 Dom Development - 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 Dom Development SA to buy it.
The correlation of Dom Development 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 Dom Development moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dom Development SA 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 Dom Development 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.Additional Tools for Dom Stock Analysis
When running Dom Development's price analysis, check to measure Dom Development'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 Dom Development is operating at the current time. Most of Dom Development's value examination focuses on studying past and present price action to predict the probability of Dom Development's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dom Development's price. Additionally, you may evaluate how the addition of Dom Development to your portfolios can decrease your overall portfolio volatility.