DICKS Sporting (Germany) Market Value
| DSG Stock | EUR 229.80 1.40 0.61% |
| Symbol | DICKS |
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.
| 02/28/2023 |
| 02/17/2025 |
If you would invest 0.00 in DICKS Sporting on February 28, 2023 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 DALATA HOTEL, GREENX METALS, MCEWEN MINING, Harmony Gold, HYATT HOTELS, and Choice Hotels. DICKS Sporting Goods, Inc. operates as a sporting goods retailer primarily in the eastern United States 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.
| Downside Deviation | 2.07 | |||
| Information Ratio | 0.1289 | |||
| Maximum Drawdown | 14.19 | |||
| Value At Risk | (3.30) | |||
| Potential Upside | 5.65 |
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 | 0.1016 | |||
| Jensen Alpha | 0.3358 | |||
| Total Risk Alpha | 0.3318 | |||
| Sortino Ratio | 0.1616 | |||
| Treynor Ratio | 8.89 |
DICKS Sporting Goods Backtested Returns
DICKS Sporting appears to be very steady, given 3 months investment horizon. DICKS Sporting Goods retains Efficiency (Sharpe Ratio) of 0.15, which denotes the company had a 0.15 % return per unit of risk over the last 3 months. We have found thirty technical indicators for DICKS Sporting, which you can use to evaluate the volatility of the firm. Please utilize DICKS Sporting's Coefficient Of Variation of 750.88, market risk adjusted performance of 8.9, and Downside Deviation of 2.07 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, DICKS Sporting holds a performance score of 11. The firm owns a Beta (Systematic Risk) of 0.0378, which means not very significant fluctuations relative to the market. 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. Please check DICKS Sporting's downside deviation, standard deviation, and the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether DICKS Sporting's current price history will revert.
Auto-correlation | 0.38 |
Below average predictability
DICKS Sporting Goods has below average predictability. Overlapping area represents the amount of predictability between DICKS Sporting time series from 28th of February 2023 to 23rd of February 2024 and 23rd of February 2024 to 17th of February 2025. 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 0.38 indicates that just about 38.0% of current DICKS Sporting price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.38 | |
| Spearman Rank Test | 0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 310.2 |
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 |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in DICKS Stock
When determining whether DICKS Sporting Goods is a strong investment it is important to analyze DICKS Sporting's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact DICKS Sporting's future performance. For an informed investment choice regarding DICKS Stock, refer to the following important reports:Check out DICKS Sporting Correlation, DICKS Sporting Volatility and DICKS Sporting Alpha and Beta module to complement your research on DICKS Sporting. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
DICKS Sporting 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.