DENTSPLY SIRONA's market value is the price at which a share of DENTSPLY SIRONA trades on a public exchange. It measures the collective expectations of DENTSPLY SIRONA investors about its performance. DENTSPLY SIRONA is trading at 140.23 as of the 4th of January 2025, a No Change since the beginning of the trading day. The stock's open price was 140.23. With this module, you can estimate the performance of a buy and hold strategy of DENTSPLY SIRONA and determine expected loss or profit from investing in DENTSPLY SIRONA over a given investment horizon. Check out Your Current Watchlist to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Symbol
DENTSPLY
DENTSPLY SIRONA '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 DENTSPLY SIRONA'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 DENTSPLY SIRONA.
0.00
12/05/2024
No Change 0.00
0.0
In 31 days
01/04/2025
0.00
If you would invest 0.00 in DENTSPLY SIRONA on December 5, 2024 and sell it all today you would earn a total of 0.00 from holding DENTSPLY SIRONA or generate 0.0% return on investment in DENTSPLY SIRONA over 30 days.
DENTSPLY SIRONA 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 DENTSPLY SIRONA'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 DENTSPLY SIRONA upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for DENTSPLY SIRONA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as DENTSPLY SIRONA's standard deviation. In reality, there are many statistical measures that can use DENTSPLY SIRONA historical prices to predict the future DENTSPLY SIRONA's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as DENTSPLY SIRONA. Your research has to be compared to or analyzed against DENTSPLY SIRONA's peers to derive any actionable benefits. When done correctly, DENTSPLY SIRONA's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in DENTSPLY SIRONA.
DENTSPLY SIRONA Backtested Returns
At this point, DENTSPLY SIRONA is very steady. DENTSPLY SIRONA secures Sharpe Ratio (or Efficiency) of 0.0103, which denotes the company had a 0.0103% return per unit of risk over the last 3 months. We have found sixteen technical indicators for DENTSPLY SIRONA, which you can use to evaluate the volatility of the firm. Please confirm DENTSPLY SIRONA's Standard Deviation of 0.0982, coefficient of variation of 1287.1, and Mean Deviation of 0.028 to check if the risk estimate we provide is consistent with the expected return of 9.0E-4%. The firm shows a Beta (market volatility) of -0.0132, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning DENTSPLY SIRONA are expected to decrease at a much lower rate. During the bear market, DENTSPLY SIRONA is likely to outperform the market. DENTSPLY SIRONA at this time shows a risk of 0.0858%. Please confirm DENTSPLY SIRONA skewness, as well as the relationship between the rate of daily change and day typical price , to decide if DENTSPLY SIRONA will be following its price patterns.
Auto-correlation
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No correlation between past and present
DENTSPLY SIRONA has no correlation between past and present. Overlapping area represents the amount of predictability between DENTSPLY SIRONA time series from 5th of December 2024 to 20th of December 2024 and 20th of December 2024 to 4th 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 DENTSPLY SIRONA price movement. The serial correlation of 0.0 indicates that just 0.0% of current DENTSPLY SIRONA price fluctuation can be explain by its past prices.
Correlation Coefficient
0.0
Spearman Rank Test
1.0
Residual Average
0.0
Price Variance
0.09
DENTSPLY SIRONA lagged returns against current returns
Autocorrelation, which is DENTSPLY SIRONA 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 DENTSPLY SIRONA's stock expected returns. We can calculate the autocorrelation of DENTSPLY SIRONA returns to help us make a trade decision. For example, suppose you find that DENTSPLY SIRONA 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
DENTSPLY SIRONA 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 DENTSPLY SIRONA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if DENTSPLY SIRONA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in DENTSPLY SIRONA stock over time.
Current vs Lagged Prices
Timeline
DENTSPLY SIRONA Lagged Returns
When evaluating DENTSPLY SIRONA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of DENTSPLY SIRONA stock have on its future price. DENTSPLY SIRONA 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, DENTSPLY SIRONA autocorrelation shows the relationship between DENTSPLY SIRONA stock current value and its past values and can show if there is a momentum factor associated with investing in DENTSPLY SIRONA.
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.