Dynex Capital Stock Market Value
| DX Stock | USD 12.55 0.08 0.64% |
| Symbol | Dynex |
Dynex Capital Price To Book Ratio
Is Mortgage Real Estate Investment Trusts (REITs) space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Dynex Capital. If investors know Dynex will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Dynex Capital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.54) | Dividend Share 1.56 | Earnings Share 1.26 | Revenue Per Share 1.905 | Quarterly Revenue Growth (0.36) |
The market value of Dynex Capital is measured differently than its book value, which is the value of Dynex that is recorded on the company's balance sheet. Investors also form their own opinion of Dynex Capital's value that differs from its market value or its book value, called intrinsic value, which is Dynex Capital's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Dynex Capital's market value can be influenced by many factors that don't directly affect Dynex Capital's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Dynex Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dynex Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dynex Capital's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Dynex Capital '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 Dynex Capital'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 Dynex Capital.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Dynex Capital on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Dynex Capital or generate 0.0% return on investment in Dynex Capital over 30 days. Dynex Capital is related to or competes with Ellington Residential, Orchid Island, ARMOUR Residential, Ellington Financial, Ares Commercial, Cherry Hill, and Two Harbors. Dynex Capital, Inc., a mortgage real estate investment trust, invests in mortgage-backed securities on a leveraged basis... More
Dynex Capital 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 Dynex Capital'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 Dynex Capital upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.15 | |||
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 4.37 | |||
| Value At Risk | (1.47) | |||
| Potential Upside | 1.38 |
Dynex Capital Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dynex Capital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dynex Capital's standard deviation. In reality, there are many statistical measures that can use Dynex Capital historical prices to predict the future Dynex Capital's volatility.| Risk Adjusted Performance | 0.0425 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | (0.08) | |||
| Treynor Ratio | 0.1063 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Dynex Capital'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.
Dynex Capital Backtested Returns
At this stage we consider Dynex Stock to be very steady. Dynex Capital secures Sharpe Ratio (or Efficiency) of 0.0696, which denotes the company had a 0.0696% return per unit of risk over the last 3 months. We have found thirty technical indicators for Dynex Capital, which you can use to evaluate the volatility of the firm. Please confirm Dynex Capital's Mean Deviation of 0.7502, coefficient of variation of 1880.71, and Downside Deviation of 1.15 to check if the risk estimate we provide is consistent with the expected return of 0.0653%. Dynex Capital has a performance score of 5 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.37, which means possible diversification benefits within a given portfolio. As returns on the market increase, Dynex Capital's returns are expected to increase less than the market. However, during the bear market, the loss of holding Dynex Capital is expected to be smaller as well. Dynex Capital right now shows a risk of 0.94%. Please confirm Dynex Capital semi variance, and the relationship between the treynor ratio and daily balance of power , to decide if Dynex Capital will be following its price patterns.
Auto-correlation | 0.43 |
Average predictability
Dynex Capital has average predictability. Overlapping area represents the amount of predictability between Dynex Capital time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st 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 Dynex Capital price movement. The serial correlation of 0.43 indicates that just about 43.0% of current Dynex Capital price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.43 | |
| Spearman Rank Test | 0.68 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Dynex Capital lagged returns against current returns
Autocorrelation, which is Dynex Capital 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 Dynex Capital's stock expected returns. We can calculate the autocorrelation of Dynex Capital returns to help us make a trade decision. For example, suppose you find that Dynex Capital 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 |
Dynex Capital 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 Dynex Capital stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dynex Capital stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dynex Capital stock over time.
Current vs Lagged Prices |
| Timeline |
Dynex Capital Lagged Returns
When evaluating Dynex Capital's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dynex Capital stock have on its future price. Dynex Capital 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, Dynex Capital autocorrelation shows the relationship between Dynex Capital stock current value and its past values and can show if there is a momentum factor associated with investing in Dynex Capital.
Regressed Prices |
| Timeline |
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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.Additional Tools for Dynex Stock Analysis
When running Dynex Capital's price analysis, check to measure Dynex Capital'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 Dynex Capital is operating at the current time. Most of Dynex Capital's value examination focuses on studying past and present price action to predict the probability of Dynex Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dynex Capital's price. Additionally, you may evaluate how the addition of Dynex Capital to your portfolios can decrease your overall portfolio volatility.