Dolby Laboratories (Germany) Market Value
| FUO Stock | EUR 74.00 2.50 3.27% |
| Symbol | Dolby |
Dolby Laboratories '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 Dolby Laboratories' 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 Dolby Laboratories.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Dolby Laboratories on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Dolby Laboratories or generate 0.0% return on investment in Dolby Laboratories over 30 days. Dolby Laboratories is related to or competes with Live Nation, Fuji Media, Rai Way, Superior Plus, NMI Holdings, Origin Agritech, and SIVERS SEMICONDUCTORS. Dolby Laboratories, Inc. creates audio and imaging technologies that transform entertainment and communications at the c... More
Dolby Laboratories 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 Dolby Laboratories' 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 Dolby Laboratories upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.47 | |||
| Information Ratio | 0.0664 | |||
| Maximum Drawdown | 14.61 | |||
| Value At Risk | (2.19) | |||
| Potential Upside | 3.2 |
Dolby Laboratories Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dolby Laboratories' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dolby Laboratories' standard deviation. In reality, there are many statistical measures that can use Dolby Laboratories historical prices to predict the future Dolby Laboratories' volatility.| Risk Adjusted Performance | 0.1073 | |||
| Jensen Alpha | 0.1819 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | 0.095 | |||
| Treynor Ratio | 0.4002 |
Dolby Laboratories Backtested Returns
Dolby Laboratories appears to be very steady, given 3 months investment horizon. Dolby Laboratories secures Sharpe Ratio (or Efficiency) of 0.11, which denotes the company had a 0.11% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Dolby Laboratories, which you can use to evaluate the volatility of the firm. Please utilize Dolby Laboratories' Coefficient Of Variation of 757.54, downside deviation of 1.47, and Mean Deviation of 1.27 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Dolby Laboratories holds a performance score of 8. The firm shows a Beta (market volatility) of 0.67, which means possible diversification benefits within a given portfolio. As returns on the market increase, Dolby Laboratories' returns are expected to increase less than the market. However, during the bear market, the loss of holding Dolby Laboratories is expected to be smaller as well. Please check Dolby Laboratories' treynor ratio, downside variance, and the relationship between the total risk alpha and value at risk , to make a quick decision on whether Dolby Laboratories' price patterns will revert.
Auto-correlation | 0.83 |
Very good predictability
Dolby Laboratories has very good predictability. Overlapping area represents the amount of predictability between Dolby Laboratories time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 Dolby Laboratories price movement. The serial correlation of 0.83 indicates that around 83.0% of current Dolby Laboratories price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.83 | |
| Spearman Rank Test | 0.48 | |
| Residual Average | 0.0 | |
| Price Variance | 13.64 |
Dolby Laboratories lagged returns against current returns
Autocorrelation, which is Dolby Laboratories 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 Dolby Laboratories' stock expected returns. We can calculate the autocorrelation of Dolby Laboratories returns to help us make a trade decision. For example, suppose you find that Dolby Laboratories 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 |
Dolby Laboratories 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 Dolby Laboratories stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dolby Laboratories stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dolby Laboratories stock over time.
Current vs Lagged Prices |
| Timeline |
Dolby Laboratories Lagged Returns
When evaluating Dolby Laboratories' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dolby Laboratories stock have on its future price. Dolby Laboratories 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, Dolby Laboratories autocorrelation shows the relationship between Dolby Laboratories stock current value and its past values and can show if there is a momentum factor associated with investing in Dolby Laboratories.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Dolby Stock
When determining whether Dolby Laboratories offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Dolby Laboratories' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Dolby Laboratories Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Dolby Laboratories Stock:Check out Dolby Laboratories Correlation, Dolby Laboratories Volatility and Dolby Laboratories Alpha and Beta module to complement your research on Dolby Laboratories. For more detail on how to invest in Dolby Stock please use our How to Invest in Dolby Laboratories guide.You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Dolby Laboratories 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.