Dmc Global Stock Market Value
| BOOM Stock | USD 7.92 0.01 0.13% |
| Symbol | Dmc |
Dmc Global Price To Book Ratio
Is Oil & Gas Equipment & Services 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 Dmc Global. If investors know Dmc 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 Dmc Global 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 (0.66) | Earnings Share (8.03) | Revenue Per Share 33.866 | Quarterly Revenue Growth (0.12) | Return On Assets 0.0225 |
The market value of Dmc Global is measured differently than its book value, which is the value of Dmc that is recorded on the company's balance sheet. Investors also form their own opinion of Dmc Global's value that differs from its market value or its book value, called intrinsic value, which is Dmc Global'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 Dmc Global's market value can be influenced by many factors that don't directly affect Dmc Global'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 Dmc Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dmc Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dmc Global'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.
Dmc Global '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 Dmc Global'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 Dmc Global.
| 12/09/2022 |
| 11/28/2024 |
If you would invest 0.00 in Dmc Global on December 9, 2022 and sell it all today you would earn a total of 0.00 from holding Dmc Global or generate 0.0% return on investment in Dmc Global over 720 days. Dmc Global is related to or competes with ChampionX, Enerflex, RPC, Forum Energy, Expro Group, Ranger Energy, and Cactus. DMC Global Inc. provides a suite of technical products for the energy, industrial, and infrastructure markets worldwide More
Dmc Global 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 Dmc Global'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 Dmc Global upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 37.41 | |||
| Value At Risk | (5.77) | |||
| Potential Upside | 5.54 |
Dmc Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dmc Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dmc Global's standard deviation. In reality, there are many statistical measures that can use Dmc Global historical prices to predict the future Dmc Global's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.78) | |||
| Total Risk Alpha | (1.28) | |||
| Treynor Ratio | (0.35) |
Dmc Global Backtested Returns
Dmc Global secures Sharpe Ratio (or Efficiency) of -0.13, which denotes the company had a -0.13% return per unit of standard deviation over the last 3 months. Dmc Global exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dmc Global's Standard Deviation of 4.46, mean deviation of 2.94, and Coefficient Of Variation of (781.94) to check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.67, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Dmc Global will likely underperform. At this point, Dmc Global has a negative expected return of -0.6%. Please make sure to confirm Dmc Global's information ratio, as well as the relationship between the potential upside and day median price , to decide if Dmc Global performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.21 |
Weak predictability
Dmc Global has weak predictability. Overlapping area represents the amount of predictability between Dmc Global time series from 9th of December 2022 to 4th of December 2023 and 4th of December 2023 to 28th of November 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 Dmc Global price movement. The serial correlation of 0.21 indicates that over 21.0% of current Dmc Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.21 | |
| Spearman Rank Test | 0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 9.23 |
Dmc Global lagged returns against current returns
Autocorrelation, which is Dmc Global 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 Dmc Global's stock expected returns. We can calculate the autocorrelation of Dmc Global returns to help us make a trade decision. For example, suppose you find that Dmc Global 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 |
Dmc Global 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 Dmc Global stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dmc Global stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dmc Global stock over time.
Current vs Lagged Prices |
| Timeline |
Dmc Global Lagged Returns
When evaluating Dmc Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dmc Global stock have on its future price. Dmc Global 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, Dmc Global autocorrelation shows the relationship between Dmc Global stock current value and its past values and can show if there is a momentum factor associated with investing in Dmc Global.
Regressed Prices |
| Timeline |
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Dmc Global technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.