Dixons Carphone Plc Stock Market Value
| DSITF Stock | USD 1.18 0.01 0.85% |
| Symbol | Dixons |
Dixons Carphone '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 Dixons Carphone's pink sheet 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 Dixons Carphone.
| 10/23/2024 |
| 12/22/2024 |
If you would invest 0.00 in Dixons Carphone on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Dixons Carphone plc or generate 0.0% return on investment in Dixons Carphone over 60 days. Dixons Carphone is related to or competes with Ulta Beauty, Best Buy, Dicks Sporting, and RH. Dixons Carphone plc operates as a consumer electrical and mobile retailer and service company More
Dixons Carphone 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 Dixons Carphone's pink sheet 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 Dixons Carphone plc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.24 | |||
| Information Ratio | 0.0623 | |||
| Maximum Drawdown | 11.43 | |||
| Value At Risk | (3.92) | |||
| Potential Upside | 4.46 |
Dixons Carphone Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dixons Carphone's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dixons Carphone's standard deviation. In reality, there are many statistical measures that can use Dixons Carphone historical prices to predict the future Dixons Carphone's volatility.| Risk Adjusted Performance | 0.0671 | |||
| Jensen Alpha | 0.172 | |||
| Total Risk Alpha | 0.0995 | |||
| Sortino Ratio | 0.0332 | |||
| Treynor Ratio | (0.39) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Dixons Carphone'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.
Dixons Carphone plc Backtested Returns
At this point, Dixons Carphone is very risky. Dixons Carphone plc secures Sharpe Ratio (or Efficiency) of 0.0766, which denotes the company had a 0.0766% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Dixons Carphone plc, which you can use to evaluate the volatility of the firm. Please confirm Dixons Carphone's Mean Deviation of 0.9543, coefficient of variation of 1306.25, and Downside Deviation of 4.24 to check if the risk estimate we provide is consistent with the expected return of 0.17%. Dixons Carphone has a performance score of 6 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.42, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Dixons Carphone are expected to decrease at a much lower rate. During the bear market, Dixons Carphone is likely to outperform the market. Dixons Carphone plc right now shows a risk of 2.26%. Please confirm Dixons Carphone plc day median price, relative strength index, as well as the relationship between the skewness and potential upside , to decide if Dixons Carphone plc will be following its price patterns.
Auto-correlation | -0.81 |
Excellent reverse predictability
Dixons Carphone plc has excellent reverse predictability. Overlapping area represents the amount of predictability between Dixons Carphone time series from 23rd of October 2024 to 22nd of November 2024 and 22nd of November 2024 to 22nd 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 Dixons Carphone plc price movement. The serial correlation of -0.81 indicates that around 81.0% of current Dixons Carphone price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.81 | |
| Spearman Rank Test | -0.74 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Dixons Carphone plc lagged returns against current returns
Autocorrelation, which is Dixons Carphone pink sheet'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 Dixons Carphone's pink sheet expected returns. We can calculate the autocorrelation of Dixons Carphone returns to help us make a trade decision. For example, suppose you find that Dixons Carphone has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
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Dixons Carphone 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 Dixons Carphone pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dixons Carphone pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dixons Carphone pink sheet over time.
Current vs Lagged Prices |
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Dixons Carphone Lagged Returns
When evaluating Dixons Carphone's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dixons Carphone pink sheet have on its future price. Dixons Carphone 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, Dixons Carphone autocorrelation shows the relationship between Dixons Carphone pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Dixons Carphone plc.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Dixons Pink Sheet
Dixons Carphone financial ratios help investors to determine whether Dixons Pink Sheet 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 Dixons with respect to the benefits of owning Dixons Carphone security.