Dr Martens Plc Stock Market Value
| DOCMF Stock | USD 0.72 0.02 2.86% |
| Symbol | DOCMF |
Dr Martens '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 Martens' pink sheet 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 Martens.
| 10/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in Dr Martens on October 24, 2024 and sell it all today you would earn a total of 0.00 from holding Dr Martens plc or generate 0.0% return on investment in Dr Martens over 30 days. Dr Martens is related to or competes with American Rebel, Designer Brands, Crocs, Deckers Outdoor, Nike, Steven Madden, and Weyco. Martens plc designs, develops, procures, markets, sells, and distributes footwear in Europe, the Middle East, Africa, th... More
Dr Martens 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 Martens' pink sheet 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 Martens plc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 19.64 | |||
| Value At Risk | (5.26) | |||
| Potential Upside | 4.17 |
Dr Martens Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dr Martens' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dr Martens' standard deviation. In reality, there are many statistical measures that can use Dr Martens historical prices to predict the future Dr Martens' volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.26) | |||
| Total Risk Alpha | (0.71) | |||
| Treynor Ratio | 0.5712 |
Dr Martens plc Backtested Returns
Dr Martens plc retains Efficiency (Sharpe Ratio) of -0.11, which denotes the company had a -0.11% return per unit of price deviation over the last 3 months. Dr Martens exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dr Martens' Market Risk Adjusted Performance of 0.5812, information ratio of (0.14), and Standard Deviation of 3.0 to check the risk estimate we provide. The firm owns a Beta (Systematic Risk) of -0.56, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Dr Martens are expected to decrease at a much lower rate. During the bear market, Dr Martens is likely to outperform the market. At this point, Dr Martens plc has a negative expected return of -0.33%. Please make sure to confirm Dr Martens' maximum drawdown, day median price, and the relationship between the jensen alpha and kurtosis , to decide if Dr Martens plc performance from the past will be repeated in the future.
Auto-correlation | 0.32 |
Below average predictability
Dr Martens plc has below average predictability. Overlapping area represents the amount of predictability between Dr Martens time series from 24th of October 2024 to 8th of November 2024 and 8th of November 2024 to 23rd 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 Martens plc price movement. The serial correlation of 0.32 indicates that nearly 32.0% of current Dr Martens price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.32 | |
| Spearman Rank Test | 0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Dr Martens plc lagged returns against current returns
Autocorrelation, which is Dr Martens pink sheet'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 Martens' pink sheet expected returns. We can calculate the autocorrelation of Dr Martens returns to help us make a trade decision. For example, suppose you find that Dr Martens has exhibited high autocorrelation historically, and you observe that the pink sheet 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 Martens 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 Martens pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dr Martens pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dr Martens pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Dr Martens Lagged Returns
When evaluating Dr Martens' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dr Martens pink sheet have on its future price. Dr Martens 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 Martens autocorrelation shows the relationship between Dr Martens pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Dr Martens plc.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in DOCMF Pink Sheet
Dr Martens financial ratios help investors to determine whether DOCMF Pink Sheet 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 DOCMF with respect to the benefits of owning Dr Martens security.