Dollar General Stock Market Value
| DG Stock | USD 74.93 1.01 1.37% |
| Symbol | Dollar |
Dollar General Price To Book Ratio
Is Consumer Staples Distribution & Retail 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 Dollar General. If investors know Dollar 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 Dollar General 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 (0.20) | Dividend Share 2.36 | Earnings Share 6.43 | Revenue Per Share 180.613 | Quarterly Revenue Growth 0.042 |
The market value of Dollar General is measured differently than its book value, which is the value of Dollar that is recorded on the company's balance sheet. Investors also form their own opinion of Dollar General's value that differs from its market value or its book value, called intrinsic value, which is Dollar General'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 Dollar General's market value can be influenced by many factors that don't directly affect Dollar General'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 Dollar General's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dollar General is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dollar General'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.
Dollar General '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 Dollar General'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 Dollar General.
| 11/30/2023 |
| 11/24/2024 |
If you would invest 0.00 in Dollar General on November 30, 2023 and sell it all today you would earn a total of 0.00 from holding Dollar General or generate 0.0% return on investment in Dollar General over 360 days. Dollar General is related to or competes with Hf Foods, Innovative Food, Calavo Growers, Chefs Warehouse, AMCON Distributing, Performance Food, and US Foods. Dollar General Corporation, a discount retailer, provides various merchandise products in the southern, southwestern, Mi... More
Dollar General 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 Dollar General'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 Dollar General upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 32.77 | |||
| Value At Risk | (3.31) | |||
| Potential Upside | 2.69 |
Dollar General Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dollar General's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dollar General's standard deviation. In reality, there are many statistical measures that can use Dollar General historical prices to predict the future Dollar General's volatility.| Risk Adjusted Performance | (0.10) | |||
| Jensen Alpha | (0.55) | |||
| Total Risk Alpha | (1.31) | |||
| Treynor Ratio | 0.8351 |
Dollar General Backtested Returns
Dollar General secures Sharpe Ratio (or Efficiency) of -0.15, which denotes the company had a -0.15% return per unit of risk over the last 3 months. Dollar General exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dollar General's Standard Deviation of 4.28, mean deviation of 1.8, and Variance of 18.29 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.76, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Dollar General are expected to decrease at a much lower rate. During the bear market, Dollar General is likely to outperform the market. At this point, Dollar General has a negative expected return of -0.65%. Please make sure to confirm Dollar General's treynor ratio, accumulation distribution, price action indicator, as well as the relationship between the potential upside and day median price , to decide if Dollar General performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.69 |
Very good reverse predictability
Dollar General has very good reverse predictability. Overlapping area represents the amount of predictability between Dollar General time series from 30th of November 2023 to 28th of May 2024 and 28th of May 2024 to 24th 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 Dollar General price movement. The serial correlation of -0.69 indicates that around 69.0% of current Dollar General price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.69 | |
| Spearman Rank Test | -0.66 | |
| Residual Average | 0.0 | |
| Price Variance | 481.49 |
Dollar General lagged returns against current returns
Autocorrelation, which is Dollar General 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 Dollar General's stock expected returns. We can calculate the autocorrelation of Dollar General returns to help us make a trade decision. For example, suppose you find that Dollar General 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 |
Dollar General 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 Dollar General stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dollar General stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dollar General stock over time.
Current vs Lagged Prices |
| Timeline |
Dollar General Lagged Returns
When evaluating Dollar General's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dollar General stock have on its future price. Dollar General 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, Dollar General autocorrelation shows the relationship between Dollar General stock current value and its past values and can show if there is a momentum factor associated with investing in Dollar General.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Check out Dollar General Correlation, Dollar General Volatility and Dollar General Alpha and Beta module to complement your research on Dollar General. For more detail on how to invest in Dollar Stock please use our How to Invest in Dollar General guide.You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Dollar General 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.