DR Horton (Brazil) Market Value
| D1HI34 Stock | BRL 1,012 58.84 6.17% |
| Symbol | D1HI34 |
DR Horton '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 DR Horton'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 DR Horton.
| 12/09/2022 |
| 11/28/2024 |
If you would invest 0.00 in DR Horton on December 9, 2022 and sell it all today you would earn a total of 0.00 from holding DR Horton or generate 0.0% return on investment in DR Horton over 720 days. DR Horton is related to or competes with Lennar, Cyrela Brazil, MRV Engenharia, Gafisa SA, and Rossi Residencial. Horton, Inc. operates as a homebuilding company in East, Midwest, Southeast, South Central, Southwest, and West regions ... More
DR Horton 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 DR Horton'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 DR Horton upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.16 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 15.35 | |||
| Value At Risk | (3.24) | |||
| Potential Upside | 2.44 |
DR Horton Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for DR Horton's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as DR Horton's standard deviation. In reality, there are many statistical measures that can use DR Horton historical prices to predict the future DR Horton's volatility.| Risk Adjusted Performance | 0.0346 | |||
| Jensen Alpha | 0.0334 | |||
| Total Risk Alpha | (0.26) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.2443 |
DR Horton Backtested Returns
DR Horton retains Efficiency (Sharpe Ratio) of -0.0292, which denotes the company had a -0.0292% return per unit of price deviation over the last 3 months. DR Horton exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm DR Horton's Market Risk Adjusted Performance of 0.2543, downside deviation of 4.16, and Standard Deviation of 2.04 to check the risk estimate we provide. The firm owns a Beta (Systematic Risk) of 0.27, which means not very significant fluctuations relative to the market. As returns on the market increase, DR Horton's returns are expected to increase less than the market. However, during the bear market, the loss of holding DR Horton is expected to be smaller as well. At this point, DR Horton has a negative expected return of -0.055%. Please make sure to confirm DR Horton's market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to decide if DR Horton performance from the past will be repeated sooner or later.
Auto-correlation | 0.77 |
Good predictability
DR Horton has good predictability. Overlapping area represents the amount of predictability between DR Horton 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 DR Horton price movement. The serial correlation of 0.77 indicates that around 77.0% of current DR Horton price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.77 | |
| Spearman Rank Test | 0.79 | |
| Residual Average | 0.0 | |
| Price Variance | 15.4 K |
DR Horton lagged returns against current returns
Autocorrelation, which is DR Horton 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 DR Horton's stock expected returns. We can calculate the autocorrelation of DR Horton returns to help us make a trade decision. For example, suppose you find that DR Horton 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 |
DR Horton 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 DR Horton stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if DR Horton stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in DR Horton stock over time.
Current vs Lagged Prices |
| Timeline |
DR Horton Lagged Returns
When evaluating DR Horton's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of DR Horton stock have on its future price. DR Horton 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, DR Horton autocorrelation shows the relationship between DR Horton stock current value and its past values and can show if there is a momentum factor associated with investing in DR Horton.
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.Additional Information and Resources on Investing in D1HI34 Stock
When determining whether DR Horton offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of DR Horton's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Dr Horton Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Dr Horton Stock:Check out DR Horton Correlation, DR Horton Volatility and DR Horton Alpha and Beta module to complement your research on DR Horton. For information on how to trade D1HI34 Stock refer to our How to Trade D1HI34 Stock guide.You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
DR Horton 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.