Dicks Sporting Goods Stock Market Value
| DKS Stock | USD 201.63 7.45 3.84% |
| Symbol | Dicks |
Dicks Sporting Goods Price To Book Ratio
Is Other Specialty 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 Dicks Sporting. If investors know Dicks 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 Dicks Sporting 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 0.55 | Dividend Share 4.2 | Earnings Share 13.61 | Revenue Per Share 166.071 | Quarterly Revenue Growth 0.078 |
The market value of Dicks Sporting Goods is measured differently than its book value, which is the value of Dicks that is recorded on the company's balance sheet. Investors also form their own opinion of Dicks Sporting's value that differs from its market value or its book value, called intrinsic value, which is Dicks Sporting'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 Dicks Sporting's market value can be influenced by many factors that don't directly affect Dicks Sporting'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 Dicks Sporting's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dicks Sporting is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dicks Sporting'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.
Dicks Sporting '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 Dicks Sporting'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 Dicks Sporting.
| 12/02/2022 |
| 11/21/2024 |
If you would invest 0.00 in Dicks Sporting on December 2, 2022 and sell it all today you would earn a total of 0.00 from holding Dicks Sporting Goods or generate 0.0% return on investment in Dicks Sporting over 720 days. Dicks Sporting is related to or competes with Winmark, Arko Corp, ABIVAX Socit, SCOR PK, HUMANA, Small Cap, and MicroAlgo. DICKS Sporting Goods, Inc., together with its subsidiaries, operates as a sporting goods retailer primarily in the easte... More
Dicks Sporting 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 Dicks Sporting'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 Dicks Sporting Goods upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 9.72 | |||
| Value At Risk | (3.16) | |||
| Potential Upside | 2.49 |
Dicks Sporting Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dicks Sporting's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dicks Sporting's standard deviation. In reality, there are many statistical measures that can use Dicks Sporting historical prices to predict the future Dicks Sporting's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.26) | |||
| Total Risk Alpha | (0.41) | |||
| Treynor Ratio | (0.36) |
Dicks Sporting Goods Backtested Returns
Dicks Sporting Goods secures Sharpe Ratio (or Efficiency) of -0.14, which denotes the company had a -0.14% return per unit of standard deviation over the last 3 months. Dicks Sporting Goods exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dicks Sporting's Mean Deviation of 1.39, coefficient of variation of (928.08), and Standard Deviation of 1.82 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.58, which means possible diversification benefits within a given portfolio. As returns on the market increase, Dicks Sporting's returns are expected to increase less than the market. However, during the bear market, the loss of holding Dicks Sporting is expected to be smaller as well. At this point, Dicks Sporting Goods has a negative expected return of -0.24%. Please make sure to confirm Dicks Sporting's total risk alpha, as well as the relationship between the skewness and day median price , to decide if Dicks Sporting Goods performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.08 |
Virtually no predictability
Dicks Sporting Goods has virtually no predictability. Overlapping area represents the amount of predictability between Dicks Sporting time series from 2nd of December 2022 to 27th of November 2023 and 27th of November 2023 to 21st 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 Dicks Sporting Goods price movement. The serial correlation of 0.08 indicates that barely 8.0% of current Dicks Sporting price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.08 | |
| Spearman Rank Test | -0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 867.01 |
Dicks Sporting Goods lagged returns against current returns
Autocorrelation, which is Dicks Sporting 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 Dicks Sporting's stock expected returns. We can calculate the autocorrelation of Dicks Sporting returns to help us make a trade decision. For example, suppose you find that Dicks Sporting 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 |
Dicks Sporting 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 Dicks Sporting stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dicks Sporting stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dicks Sporting stock over time.
Current vs Lagged Prices |
| Timeline |
Dicks Sporting Lagged Returns
When evaluating Dicks Sporting's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dicks Sporting stock have on its future price. Dicks Sporting 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, Dicks Sporting autocorrelation shows the relationship between Dicks Sporting stock current value and its past values and can show if there is a momentum factor associated with investing in Dicks Sporting Goods.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Dicks Stock Analysis
When running Dicks Sporting's price analysis, check to measure Dicks Sporting's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Dicks Sporting is operating at the current time. Most of Dicks Sporting's value examination focuses on studying past and present price action to predict the probability of Dicks Sporting's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dicks Sporting's price. Additionally, you may evaluate how the addition of Dicks Sporting to your portfolios can decrease your overall portfolio volatility.