Dawson Geophysical Stock Market Value
| DWSN Stock | USD 1.50 0.02 1.32% |
| Symbol | Dawson |
Dawson Geophysical Price To Book Ratio
Is Oil & Gas Equipment & Services 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 Dawson Geophysical. If investors know Dawson 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 Dawson Geophysical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.16) | Revenue Per Share 3.079 | Quarterly Revenue Growth (0.38) | Return On Assets (0.05) | Return On Equity (0.19) |
The market value of Dawson Geophysical is measured differently than its book value, which is the value of Dawson that is recorded on the company's balance sheet. Investors also form their own opinion of Dawson Geophysical's value that differs from its market value or its book value, called intrinsic value, which is Dawson Geophysical'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 Dawson Geophysical's market value can be influenced by many factors that don't directly affect Dawson Geophysical'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 Dawson Geophysical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dawson Geophysical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dawson Geophysical'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.
Dawson Geophysical '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 Dawson Geophysical'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 Dawson Geophysical.
| 12/09/2022 |
| 11/28/2024 |
If you would invest 0.00 in Dawson Geophysical on December 9, 2022 and sell it all today you would earn a total of 0.00 from holding Dawson Geophysical or generate 0.0% return on investment in Dawson Geophysical over 720 days. Dawson Geophysical is related to or competes with NXT Energy, Mccoy Global, National Energy, Ranger Energy, MRC Global, Bri-Chem Corp, and Expro Group. Dawson Geophysical Company provides onshore seismic data acquisition and processing services in the United States and Ca... More
Dawson Geophysical 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 Dawson Geophysical'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 Dawson Geophysical upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.02 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 30.52 | |||
| Value At Risk | (5.96) | |||
| Potential Upside | 8.33 |
Dawson Geophysical Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dawson Geophysical's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dawson Geophysical's standard deviation. In reality, there are many statistical measures that can use Dawson Geophysical historical prices to predict the future Dawson Geophysical's volatility.| Risk Adjusted Performance | 0.0217 | |||
| Jensen Alpha | 0.0758 | |||
| Total Risk Alpha | (0.64) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (2.32) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Dawson Geophysical'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.
Dawson Geophysical Backtested Returns
As of now, Dawson Stock is dangerous. Dawson Geophysical secures Sharpe Ratio (or Efficiency) of 0.0177, which denotes the company had a 0.0177% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Dawson Geophysical, which you can use to evaluate the volatility of the firm. Please confirm Dawson Geophysical's Downside Deviation of 5.02, coefficient of variation of 5737.8, and Mean Deviation of 3.31 to check if the risk estimate we provide is consistent with the expected return of 0.0847%. Dawson Geophysical has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.0311, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Dawson Geophysical are expected to decrease at a much lower rate. During the bear market, Dawson Geophysical is likely to outperform the market. Dawson Geophysical right now shows a risk of 4.79%. Please confirm Dawson Geophysical potential upside, as well as the relationship between the kurtosis and day typical price , to decide if Dawson Geophysical will be following its price patterns.
Auto-correlation | 0.28 |
Poor predictability
Dawson Geophysical has poor predictability. Overlapping area represents the amount of predictability between Dawson Geophysical time series from 9th of December 2022 to 4th of December 2023 and 4th of December 2023 to 28th 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 Dawson Geophysical price movement. The serial correlation of 0.28 indicates that nearly 28.0% of current Dawson Geophysical price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.28 | |
| Spearman Rank Test | -0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
Dawson Geophysical lagged returns against current returns
Autocorrelation, which is Dawson Geophysical 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 Dawson Geophysical's stock expected returns. We can calculate the autocorrelation of Dawson Geophysical returns to help us make a trade decision. For example, suppose you find that Dawson Geophysical 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 |
Dawson Geophysical 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 Dawson Geophysical stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dawson Geophysical stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dawson Geophysical stock over time.
Current vs Lagged Prices |
| Timeline |
Dawson Geophysical Lagged Returns
When evaluating Dawson Geophysical's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dawson Geophysical stock have on its future price. Dawson Geophysical 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, Dawson Geophysical autocorrelation shows the relationship between Dawson Geophysical stock current value and its past values and can show if there is a momentum factor associated with investing in Dawson Geophysical.
Regressed Prices |
| Timeline |
Pair Trading with Dawson Geophysical
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Dawson Geophysical position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Dawson Geophysical will appreciate offsetting losses from the drop in the long position's value.Moving against Dawson Stock
| 0.52 | VTOL | Bristow Group | PairCorr |
| 0.51 | NR | Newpark Resources | PairCorr |
| 0.46 | DTI | Drilling Tools Inter | PairCorr |
| 0.46 | NOV | NOV Inc Sell-off Trend | PairCorr |
| 0.41 | OIS | Oil States International | PairCorr |
The ability to find closely correlated positions to Dawson Geophysical could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dawson Geophysical when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Dawson Geophysical - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Dawson Geophysical to buy it.
The correlation of Dawson Geophysical is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Dawson Geophysical moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dawson Geophysical moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Dawson Geophysical can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Dawson Geophysical Correlation, Dawson Geophysical Volatility and Dawson Geophysical Alpha and Beta module to complement your research on Dawson Geophysical. To learn how to invest in Dawson Stock, please use our How to Invest in Dawson Geophysical guide.You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Dawson Geophysical 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.