DOLLAR TREE INC Market Value
| 256746AG3 | 99.70 0.11 0.11% |
| Symbol | DOLLAR |
DOLLAR '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 DOLLAR's bond 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 DOLLAR.
| 01/08/2025 |
| 02/07/2025 |
If you would invest 0.00 in DOLLAR on January 8, 2025 and sell it all today you would earn a total of 0.00 from holding DOLLAR TREE INC or generate 0.0% return on investment in DOLLAR over 30 days. DOLLAR is related to or competes with Olympic Steel, IPG Photonics, Tesla, Magna International, Highway Holdings, Hudson Technologies, and Eldorado Gold. More
DOLLAR 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 DOLLAR's bond 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 DOLLAR TREE INC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.2992 | |||
| Information Ratio | (0.34) | |||
| Maximum Drawdown | 1.58 | |||
| Value At Risk | (0.43) | |||
| Potential Upside | 0.2923 |
DOLLAR Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for DOLLAR's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as DOLLAR's standard deviation. In reality, there are many statistical measures that can use DOLLAR historical prices to predict the future DOLLAR's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.31) | |||
| Treynor Ratio | (0.33) |
DOLLAR TREE INC Backtested Returns
At this point, DOLLAR is very steady. DOLLAR TREE INC secures Sharpe Ratio (or Efficiency) of 0.0127, which denotes the bond had a 0.0127 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for DOLLAR TREE INC, which you can use to evaluate the volatility of the entity. Please confirm DOLLAR's Downside Deviation of 0.2992, semi deviation of 0.287, and Mean Deviation of 0.1536 to check if the risk estimate we provide is consistent with the expected return of 0.0035%. The bond shows a Beta (market volatility) of 0.0194, which means not very significant fluctuations relative to the market. As returns on the market increase, DOLLAR's returns are expected to increase less than the market. However, during the bear market, the loss of holding DOLLAR is expected to be smaller as well.
Auto-correlation | -0.42 |
Modest reverse predictability
DOLLAR TREE INC has modest reverse predictability. Overlapping area represents the amount of predictability between DOLLAR time series from 8th of January 2025 to 23rd of January 2025 and 23rd of January 2025 to 7th of February 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 DOLLAR TREE INC price movement. The serial correlation of -0.42 indicates that just about 42.0% of current DOLLAR price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.42 | |
| Spearman Rank Test | -0.75 | |
| Residual Average | 0.0 | |
| Price Variance | 0.13 |
DOLLAR TREE INC lagged returns against current returns
Autocorrelation, which is DOLLAR bond'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 DOLLAR's bond expected returns. We can calculate the autocorrelation of DOLLAR returns to help us make a trade decision. For example, suppose you find that DOLLAR has exhibited high autocorrelation historically, and you observe that the bond 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 |
DOLLAR 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 DOLLAR bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if DOLLAR bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in DOLLAR bond over time.
Current vs Lagged Prices |
| Timeline |
DOLLAR Lagged Returns
When evaluating DOLLAR's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of DOLLAR bond have on its future price. DOLLAR 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, DOLLAR autocorrelation shows the relationship between DOLLAR bond current value and its past values and can show if there is a momentum factor associated with investing in DOLLAR TREE INC.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in DOLLAR Bond
DOLLAR financial ratios help investors to determine whether DOLLAR Bond is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in DOLLAR with respect to the benefits of owning DOLLAR security.