Dexus Property (Australia) Market Value
| DXS Stock | 6.94 0.10 1.46% |
| Symbol | Dexus |
Dexus Property '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 Dexus Property'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 Dexus Property.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Dexus Property on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Dexus Property Group or generate 0.0% return on investment in Dexus Property over 30 days. Dexus Property is related to or competes with Air New, EROAD, and Centaurus Metals. Dexus Property is entity of Australia. It is traded as Stock on AU exchange. More
Dexus Property 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 Dexus Property'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 Dexus Property Group upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.10) | |||
| Maximum Drawdown | 6.52 | |||
| Value At Risk | (2.19) | |||
| Potential Upside | 2.23 |
Dexus Property Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dexus Property's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dexus Property's standard deviation. In reality, there are many statistical measures that can use Dexus Property historical prices to predict the future Dexus Property's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.20) | |||
| Treynor Ratio | 0.4347 |
Dexus Property Group Backtested Returns
Dexus Property Group secures Sharpe Ratio (or Efficiency) of -0.0572, which denotes the company had a -0.0572% return per unit of risk over the last 3 months. Dexus Property Group exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dexus Property's Mean Deviation of 0.9865, standard deviation of 1.3, and Variance of 1.7 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.0744, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Dexus Property are expected to decrease at a much lower rate. During the bear market, Dexus Property is likely to outperform the market. At this point, Dexus Property Group has a negative expected return of -0.0713%. Please make sure to confirm Dexus Property's kurtosis, daily balance of power, and the relationship between the skewness and accumulation distribution , to decide if Dexus Property Group performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.26 |
Poor predictability
Dexus Property Group has poor predictability. Overlapping area represents the amount of predictability between Dexus Property time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 Dexus Property Group price movement. The serial correlation of 0.26 indicates that nearly 26.0% of current Dexus Property price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.26 | |
| Spearman Rank Test | 0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Dexus Property Group lagged returns against current returns
Autocorrelation, which is Dexus Property 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 Dexus Property's stock expected returns. We can calculate the autocorrelation of Dexus Property returns to help us make a trade decision. For example, suppose you find that Dexus Property 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 |
Dexus Property 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 Dexus Property stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dexus Property stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dexus Property stock over time.
Current vs Lagged Prices |
| Timeline |
Dexus Property Lagged Returns
When evaluating Dexus Property's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dexus Property stock have on its future price. Dexus Property 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, Dexus Property autocorrelation shows the relationship between Dexus Property stock current value and its past values and can show if there is a momentum factor associated with investing in Dexus Property Group.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Dexus Stock Analysis
When running Dexus Property's price analysis, check to measure Dexus Property'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 Dexus Property is operating at the current time. Most of Dexus Property's value examination focuses on studying past and present price action to predict the probability of Dexus Property's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dexus Property's price. Additionally, you may evaluate how the addition of Dexus Property to your portfolios can decrease your overall portfolio volatility.