DOMINION ENERGY INC Market Value
| 25746UBQ1 | 72.08 10.99 13.23% |
| Symbol | DOMINION |
DOMINION '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 DOMINION'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 DOMINION.
| 12/07/2023 |
| 12/01/2024 |
If you would invest 0.00 in DOMINION on December 7, 2023 and sell it all today you would earn a total of 0.00 from holding DOMINION ENERGY INC or generate 0.0% return on investment in DOMINION over 360 days. DOMINION is related to or competes with Duluth Holdings, KVH Industries, Amkor Technology, Supercom, Flex, Figs, and Allient. More
DOMINION 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 DOMINION'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 DOMINION ENERGY INC upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 6.13 | |||
| Value At Risk | (1.74) | |||
| Potential Upside | 1.45 |
DOMINION Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for DOMINION's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as DOMINION's standard deviation. In reality, there are many statistical measures that can use DOMINION historical prices to predict the future DOMINION's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.38) | |||
| Treynor Ratio | 1.19 |
DOMINION ENERGY INC Backtested Returns
DOMINION ENERGY INC secures Sharpe Ratio (or Efficiency) of -0.14, which denotes the bond had a -0.14% return per unit of risk over the last 3 months. DOMINION ENERGY INC exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm DOMINION's Standard Deviation of 1.39, coefficient of variation of (993.42), and Mean Deviation of 0.7993 to check the risk estimate we provide. The bond shows a Beta (market volatility) of -0.13, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning DOMINION are expected to decrease at a much lower rate. During the bear market, DOMINION is likely to outperform the market.
Auto-correlation | -0.67 |
Very good reverse predictability
DOMINION ENERGY INC has very good reverse predictability. Overlapping area represents the amount of predictability between DOMINION time series from 7th of December 2023 to 4th of June 2024 and 4th of June 2024 to 1st of December 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 DOMINION ENERGY INC price movement. The serial correlation of -0.67 indicates that around 67.0% of current DOMINION price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.67 | |
| Spearman Rank Test | -0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 2.74 |
DOMINION ENERGY INC lagged returns against current returns
Autocorrelation, which is DOMINION 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 DOMINION's bond expected returns. We can calculate the autocorrelation of DOMINION returns to help us make a trade decision. For example, suppose you find that DOMINION 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 |
DOMINION 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 DOMINION bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if DOMINION bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in DOMINION bond over time.
Current vs Lagged Prices |
| Timeline |
DOMINION Lagged Returns
When evaluating DOMINION's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of DOMINION bond have on its future price. DOMINION 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, DOMINION autocorrelation shows the relationship between DOMINION bond current value and its past values and can show if there is a momentum factor associated with investing in DOMINION ENERGY INC.
Regressed Prices |
| Timeline |
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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 DOMINION Bond
DOMINION financial ratios help investors to determine whether DOMINION 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 DOMINION with respect to the benefits of owning DOMINION security.