Dividend Growth Split Stock Market Value
| DGS Stock | CAD 7.25 0.07 0.97% |
| Symbol | Dividend |
Dividend Growth Split Price To Book Ratio
Dividend Growth '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 Dividend Growth'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 Dividend Growth.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Dividend Growth on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Dividend Growth Split or generate 0.0% return on investment in Dividend Growth over 30 days. Dividend Growth is related to or competes with Life Banc, North American, Financial, Dividend, and Global Dividend. Dividend Growth Split Corp. is a closed-ended equity mutual fund launched and managed by Brompton Funds Limited More
Dividend Growth 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 Dividend Growth'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 Dividend Growth Split upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7734 | |||
| Information Ratio | 0.1401 | |||
| Maximum Drawdown | 4.18 | |||
| Value At Risk | (1.04) | |||
| Potential Upside | 1.93 |
Dividend Growth Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dividend Growth's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dividend Growth's standard deviation. In reality, there are many statistical measures that can use Dividend Growth historical prices to predict the future Dividend Growth's volatility.| Risk Adjusted Performance | 0.2232 | |||
| Jensen Alpha | 0.2345 | |||
| Total Risk Alpha | 0.1055 | |||
| Sortino Ratio | 0.1587 | |||
| Treynor Ratio | 3.25 |
Dividend Growth Split Backtested Returns
Dividend Growth appears to be very steady, given 3 months investment horizon. Dividend Growth Split secures Sharpe Ratio (or Efficiency) of 0.32, which denotes the company had a 0.32% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Dividend Growth Split, which you can use to evaluate the volatility of the firm. Please utilize Dividend Growth's Coefficient Of Variation of 345.61, mean deviation of 0.6817, and Downside Deviation of 0.7734 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Dividend Growth holds a performance score of 24. The firm shows a Beta (market volatility) of 0.075, which means not very significant fluctuations relative to the market. As returns on the market increase, Dividend Growth's returns are expected to increase less than the market. However, during the bear market, the loss of holding Dividend Growth is expected to be smaller as well. Please check Dividend Growth's expected short fall, and the relationship between the value at risk and daily balance of power , to make a quick decision on whether Dividend Growth's price patterns will revert.
Auto-correlation | 0.60 |
Good predictability
Dividend Growth Split has good predictability. Overlapping area represents the amount of predictability between Dividend Growth time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 Dividend Growth Split price movement. The serial correlation of 0.6 indicates that roughly 60.0% of current Dividend Growth price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.6 | |
| Spearman Rank Test | 0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Dividend Growth Split lagged returns against current returns
Autocorrelation, which is Dividend Growth 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 Dividend Growth's stock expected returns. We can calculate the autocorrelation of Dividend Growth returns to help us make a trade decision. For example, suppose you find that Dividend Growth 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 |
Dividend Growth 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 Dividend Growth stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dividend Growth stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dividend Growth stock over time.
Current vs Lagged Prices |
| Timeline |
Dividend Growth Lagged Returns
When evaluating Dividend Growth's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dividend Growth stock have on its future price. Dividend Growth 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, Dividend Growth autocorrelation shows the relationship between Dividend Growth stock current value and its past values and can show if there is a momentum factor associated with investing in Dividend Growth Split.
Regressed Prices |
| Timeline |
Pair Trading with Dividend Growth
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 Dividend Growth 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 Dividend Growth will appreciate offsetting losses from the drop in the long position's value.Moving together with Dividend Stock
Moving against Dividend Stock
The ability to find closely correlated positions to Dividend Growth could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dividend Growth 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 Dividend Growth - 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 Dividend Growth Split to buy it.
The correlation of Dividend Growth 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 Dividend Growth moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dividend Growth Split 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 Dividend Growth 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.Other Information on Investing in Dividend Stock
Dividend Growth financial ratios help investors to determine whether Dividend Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Dividend with respect to the benefits of owning Dividend Growth security.