Dallasnews Corp Stock Market Value
| DALN Stock | USD 5.89 0.13 2.26% |
| Symbol | Dallasnews |
Dallasnews Corp Price To Book Ratio
Is Publishing 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 Dallasnews Corp. If investors know Dallasnews 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 Dallasnews Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.13) | Revenue Per Share 24.595 | Quarterly Revenue Growth (0.11) | Return On Assets (0.0004) | Return On Equity (0.68) |
The market value of Dallasnews Corp is measured differently than its book value, which is the value of Dallasnews that is recorded on the company's balance sheet. Investors also form their own opinion of Dallasnews Corp's value that differs from its market value or its book value, called intrinsic value, which is Dallasnews Corp'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 Dallasnews Corp's market value can be influenced by many factors that don't directly affect Dallasnews Corp'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 Dallasnews Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dallasnews Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dallasnews Corp'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.
Dallasnews Corp '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 Dallasnews Corp'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 Dallasnews Corp.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Dallasnews Corp on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Dallasnews Corp or generate 0.0% return on investment in Dallasnews Corp over 30 days. Dallasnews Corp is related to or competes with Gannett, Scholastic, Pearson PLC, and New York. DallasNews Corporation, together with its subsidiaries, operates as a local news and information publishing company in T... More
Dallasnews Corp 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 Dallasnews Corp'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 Dallasnews Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.67 | |||
| Information Ratio | 0.0581 | |||
| Maximum Drawdown | 33.75 | |||
| Value At Risk | (6.56) | |||
| Potential Upside | 5.26 |
Dallasnews Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dallasnews Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dallasnews Corp's standard deviation. In reality, there are many statistical measures that can use Dallasnews Corp historical prices to predict the future Dallasnews Corp's volatility.| Risk Adjusted Performance | 0.0715 | |||
| Jensen Alpha | 0.3504 | |||
| Total Risk Alpha | (0.42) | |||
| Sortino Ratio | 0.0677 | |||
| Treynor Ratio | 0.6077 |
Dallasnews Corp Backtested Returns
Dallasnews Corp appears to be unstable, given 3 months investment horizon. Dallasnews Corp secures Sharpe Ratio (or Efficiency) of 0.11, which denotes the company had a 0.11% return per unit of risk over the last 3 months. By reviewing Dallasnews Corp's technical indicators, you can evaluate if the expected return of 0.61% is justified by implied risk. Please utilize Dallasnews Corp's Mean Deviation of 3.35, downside deviation of 4.67, and Coefficient Of Variation of 1218.22 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Dallasnews Corp holds a performance score of 8. The firm shows a Beta (market volatility) of 0.72, which means possible diversification benefits within a given portfolio. As returns on the market increase, Dallasnews Corp's returns are expected to increase less than the market. However, during the bear market, the loss of holding Dallasnews Corp is expected to be smaller as well. Please check Dallasnews Corp's total risk alpha, expected short fall, price action indicator, as well as the relationship between the value at risk and daily balance of power , to make a quick decision on whether Dallasnews Corp's price patterns will revert.
Auto-correlation | -0.13 |
Insignificant reverse predictability
Dallasnews Corp has insignificant reverse predictability. Overlapping area represents the amount of predictability between Dallasnews Corp time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 Dallasnews Corp price movement. The serial correlation of -0.13 indicates that less than 13.0% of current Dallasnews Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.13 | |
| Spearman Rank Test | -0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 0.11 |
Dallasnews Corp lagged returns against current returns
Autocorrelation, which is Dallasnews Corp 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 Dallasnews Corp's stock expected returns. We can calculate the autocorrelation of Dallasnews Corp returns to help us make a trade decision. For example, suppose you find that Dallasnews Corp 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 |
Dallasnews Corp 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 Dallasnews Corp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dallasnews Corp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dallasnews Corp stock over time.
Current vs Lagged Prices |
| Timeline |
Dallasnews Corp Lagged Returns
When evaluating Dallasnews Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dallasnews Corp stock have on its future price. Dallasnews Corp 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, Dallasnews Corp autocorrelation shows the relationship between Dallasnews Corp stock current value and its past values and can show if there is a momentum factor associated with investing in Dallasnews Corp.
Regressed Prices |
| Timeline |
Pair Trading with Dallasnews Corp
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Dallasnews Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Dallasnews Corp will appreciate offsetting losses from the drop in the long position's value.Moving against Dallasnews Stock
The ability to find closely correlated positions to Dallasnews Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dallasnews Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Dallasnews Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Dallasnews Corp to buy it.
The correlation of Dallasnews Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Dallasnews Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dallasnews Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Dallasnews Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Dallasnews Corp Correlation, Dallasnews Corp Volatility and Dallasnews Corp Alpha and Beta module to complement your research on Dallasnews Corp. To learn how to invest in Dallasnews Stock, please use our How to Invest in Dallasnews Corp guide.You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Dallasnews Corp 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.