Dss Inc Stock Market Value
| DSS Stock | USD 0.92 0.11 10.68% |
| Symbol | DSS |
Is Shipping Containers 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 DSS. If investors know DSS 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 DSS listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of DSS Inc is measured differently than its book value, which is the value of DSS that is recorded on the company's balance sheet. Investors also form their own opinion of DSS's value that differs from its market value or its book value, called intrinsic value, which is DSS'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 DSS's market value can be influenced by many factors that don't directly affect DSS'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 DSS's value and its price as these two are different measures arrived at by different means. Investors typically determine if DSS is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DSS'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.
DSS '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 DSS'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 DSS.
| 12/08/2022 |
| 11/27/2024 |
If you would invest 0.00 in DSS on December 8, 2022 and sell it all today you would earn a total of 0.00 from holding DSS Inc or generate 0.0% return on investment in DSS over 720 days. DSS is related to or competes with Imaflex, Karat Packaging, NEXE Innovations, Greif Bros, Sonoco Products, Reynolds Consumer, and Myers Industries. DSS, Inc. operates in the product packaging, biotechnology, direct, commercial lending, securities and investment manage... More
DSS 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 DSS'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 DSS Inc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 29.28 | |||
| Value At Risk | (6.80) | |||
| Potential Upside | 4.9 |
DSS Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for DSS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as DSS's standard deviation. In reality, there are many statistical measures that can use DSS historical prices to predict the future DSS's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.27) | |||
| Total Risk Alpha | (1.15) | |||
| Treynor Ratio | 0.2768 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of DSS's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
DSS Inc Backtested Returns
DSS Inc secures Sharpe Ratio (or Efficiency) of -0.11, which denotes the company had a -0.11% return per unit of volatility over the last 3 months. DSS Inc exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm DSS's Mean Deviation of 2.86, standard deviation of 4.26, and Market Risk Adjusted Performance of 0.2868 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -1.75, which means a somewhat significant risk relative to the market. As returns on the market increase, returns on owning DSS are expected to decrease by larger amounts. On the other hand, during market turmoil, DSS is expected to outperform it. At this point, DSS Inc has a negative expected return of -0.47%. Please make sure to confirm DSS's treynor ratio, kurtosis, as well as the relationship between the Kurtosis and day typical price , to decide if DSS Inc performance from the past will be repeated at future time.
Auto-correlation | 0.04 |
Virtually no predictability
DSS Inc has virtually no predictability. Overlapping area represents the amount of predictability between DSS time series from 8th of December 2022 to 3rd of December 2023 and 3rd of December 2023 to 27th 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 DSS Inc price movement. The serial correlation of 0.04 indicates that only as little as 4.0% of current DSS price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.04 | |
| Spearman Rank Test | 0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 0.15 |
DSS Inc lagged returns against current returns
Autocorrelation, which is DSS 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 DSS's stock expected returns. We can calculate the autocorrelation of DSS returns to help us make a trade decision. For example, suppose you find that DSS 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 |
DSS 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 DSS stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if DSS stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in DSS stock over time.
Current vs Lagged Prices |
| Timeline |
DSS Lagged Returns
When evaluating DSS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of DSS stock have on its future price. DSS 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, DSS autocorrelation shows the relationship between DSS stock current value and its past values and can show if there is a momentum factor associated with investing in DSS Inc.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for DSS Stock Analysis
When running DSS's price analysis, check to measure DSS'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 DSS is operating at the current time. Most of DSS's value examination focuses on studying past and present price action to predict the probability of DSS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DSS's price. Additionally, you may evaluate how the addition of DSS to your portfolios can decrease your overall portfolio volatility.