Dorian Lpg Stock Market Value
| LPG Stock | USD 25.20 0.20 0.79% |
| Symbol | Dorian |
Dorian LPG Price To Book Ratio
Is Oil & Gas Storage & Transportation 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 Dorian LPG. If investors know Dorian 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 Dorian LPG listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.88) | Dividend Share 4 | Earnings Share 5.82 | Revenue Per Share | Quarterly Revenue Growth (0.43) |
The market value of Dorian LPG is measured differently than its book value, which is the value of Dorian that is recorded on the company's balance sheet. Investors also form their own opinion of Dorian LPG's value that differs from its market value or its book value, called intrinsic value, which is Dorian LPG'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 Dorian LPG's market value can be influenced by many factors that don't directly affect Dorian LPG'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 Dorian LPG's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dorian LPG is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dorian LPG'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.
Dorian LPG '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 Dorian LPG'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 Dorian LPG.
| 12/19/2024 |
| 01/18/2025 |
If you would invest 0.00 in Dorian LPG on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding Dorian LPG or generate 0.0% return on investment in Dorian LPG over 30 days. Dorian LPG is related to or competes with DHT Holdings, Scorpio Tankers, Teekay Tankers, Torm PLC, Golar LNG, Cheniere Energy, and Frontline. Dorian LPG Ltd., together with its subsidiaries, engages in the transportation of liquefied petroleum gas through its LP... More
Dorian LPG 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 Dorian LPG'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 Dorian LPG upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 10.86 | |||
| Value At Risk | (3.71) | |||
| Potential Upside | 3.89 |
Dorian LPG Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dorian LPG's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dorian LPG's standard deviation. In reality, there are many statistical measures that can use Dorian LPG historical prices to predict the future Dorian LPG's volatility.| Risk Adjusted Performance | (0.14) | |||
| Jensen Alpha | (0.41) | |||
| Total Risk Alpha | (0.46) | |||
| Treynor Ratio | 4.29 |
Dorian LPG Backtested Returns
Dorian LPG secures Sharpe Ratio (or Efficiency) of -0.15, which denotes the company had a -0.15% return per unit of risk over the last 3 months. Dorian LPG exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dorian LPG's Variance of 5.03, standard deviation of 2.24, and Mean Deviation of 1.73 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.096, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Dorian LPG are expected to decrease at a much lower rate. During the bear market, Dorian LPG is likely to outperform the market. At this point, Dorian LPG has a negative expected return of -0.34%. Please make sure to confirm Dorian LPG's skewness, as well as the relationship between the rate of daily change and price action indicator , to decide if Dorian LPG performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.23 |
Weak predictability
Dorian LPG has weak predictability. Overlapping area represents the amount of predictability between Dorian LPG time series from 19th of December 2024 to 3rd of January 2025 and 3rd of January 2025 to 18th of January 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 Dorian LPG price movement. The serial correlation of 0.23 indicates that over 23.0% of current Dorian LPG price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.23 | |
| Spearman Rank Test | 0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 0.76 |
Dorian LPG lagged returns against current returns
Autocorrelation, which is Dorian LPG 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 Dorian LPG's stock expected returns. We can calculate the autocorrelation of Dorian LPG returns to help us make a trade decision. For example, suppose you find that Dorian LPG 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 |
Dorian LPG 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 Dorian LPG stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dorian LPG stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dorian LPG stock over time.
Current vs Lagged Prices |
| Timeline |
Dorian LPG Lagged Returns
When evaluating Dorian LPG's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dorian LPG stock have on its future price. Dorian LPG 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, Dorian LPG autocorrelation shows the relationship between Dorian LPG stock current value and its past values and can show if there is a momentum factor associated with investing in Dorian LPG.
Regressed Prices |
| Timeline |
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Check out Dorian LPG Correlation, Dorian LPG Volatility and Dorian LPG Alpha and Beta module to complement your research on Dorian LPG. For more detail on how to invest in Dorian Stock please use our How to Invest in Dorian LPG guide.You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Dorian LPG 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.