Dominos Pizza (UK) Market Value
| DOM Stock | 340.20 1.00 0.29% |
| Symbol | Dominos |
Dominos Pizza '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 Dominos Pizza'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 Dominos Pizza.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Dominos Pizza on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Dominos Pizza Group or generate 0.0% return on investment in Dominos Pizza over 30 days. Dominos Pizza is related to or competes with Datalogic, Vienna Insurance, Extra Space, JD Sports, Take Two, Playtech Plc, and LPKF Laser. Dominos Pizza is entity of United Kingdom More
Dominos Pizza 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 Dominos Pizza'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 Dominos Pizza Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.71 | |||
| Information Ratio | 0.0425 | |||
| Maximum Drawdown | 6.42 | |||
| Value At Risk | (2.73) | |||
| Potential Upside | 2.71 |
Dominos Pizza Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dominos Pizza's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dominos Pizza's standard deviation. In reality, there are many statistical measures that can use Dominos Pizza historical prices to predict the future Dominos Pizza's volatility.| Risk Adjusted Performance | 0.0986 | |||
| Jensen Alpha | 0.0826 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.0413 | |||
| Treynor Ratio | 0.2127 |
Dominos Pizza Group Backtested Returns
At this point, Dominos Pizza is very steady. Dominos Pizza Group secures Sharpe Ratio (or Efficiency) of 0.12, which denotes the company had a 0.12% return per unit of risk over the last 3 months. We have found thirty technical indicators for Dominos Pizza Group, which you can use to evaluate the volatility of the firm. Please confirm Dominos Pizza's Mean Deviation of 1.28, downside deviation of 1.71, and Coefficient Of Variation of 822.32 to check if the risk estimate we provide is consistent with the expected return of 0.19%. Dominos Pizza has a performance score of 9 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.9, which means possible diversification benefits within a given portfolio. Dominos Pizza returns are very sensitive to returns on the market. As the market goes up or down, Dominos Pizza is expected to follow. Dominos Pizza Group right now shows a risk of 1.65%. Please confirm Dominos Pizza Group standard deviation, treynor ratio, downside variance, as well as the relationship between the total risk alpha and value at risk , to decide if Dominos Pizza Group will be following its price patterns.
Auto-correlation | -0.08 |
Very weak reverse predictability
Dominos Pizza Group has very weak reverse predictability. Overlapping area represents the amount of predictability between Dominos Pizza 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 Dominos Pizza Group price movement. The serial correlation of -0.08 indicates that barely 8.0% of current Dominos Pizza price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.08 | |
| Spearman Rank Test | 0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 8.98 |
Dominos Pizza Group lagged returns against current returns
Autocorrelation, which is Dominos Pizza 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 Dominos Pizza's stock expected returns. We can calculate the autocorrelation of Dominos Pizza returns to help us make a trade decision. For example, suppose you find that Dominos Pizza 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 |
Dominos Pizza 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 Dominos Pizza stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dominos Pizza stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dominos Pizza stock over time.
Current vs Lagged Prices |
| Timeline |
Dominos Pizza Lagged Returns
When evaluating Dominos Pizza's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dominos Pizza stock have on its future price. Dominos Pizza 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, Dominos Pizza autocorrelation shows the relationship between Dominos Pizza stock current value and its past values and can show if there is a momentum factor associated with investing in Dominos Pizza Group.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Dominos Stock
Dominos Pizza financial ratios help investors to determine whether Dominos 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 Dominos with respect to the benefits of owning Dominos Pizza security.