Dollar General (Brazil) Alpha and Beta Analysis
| DGCO34 Stock | BRL 18.08 0.40 2.16% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Dollar General. It also helps investors analyze the systematic and unsystematic risks associated with investing in Dollar General over a specified time horizon. Remember, high Dollar General's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Dollar General's market risk premium analysis include:
Beta (0.39) | Alpha (0.51) | Risk 2.9 | Sharpe Ratio (0.04) | Expected Return (0.12) |
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
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Dollar General Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Dollar General market risk premium is the additional return an investor will receive from holding Dollar General long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Dollar General. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Dollar General's performance over market.| α | -0.51 | β | -0.39 |
Dollar General expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Dollar General's Buy-and-hold return. Our buy-and-hold chart shows how Dollar General performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Dollar General Market Price Analysis
Market price analysis indicators help investors to evaluate how Dollar General stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Dollar General shares will generate the highest return on investment. By understating and applying Dollar General stock market price indicators, traders can identify Dollar General position entry and exit signals to maximize returns.
Dollar General Return and Market Media
The median price of Dollar General for the period between Thu, Aug 29, 2024 and Wed, Nov 27, 2024 is 19.28 with a coefficient of variation of 12.77. The daily time series for the period is distributed with a sample standard deviation of 2.53, arithmetic mean of 19.83, and mean deviation of 1.36. The Stock did not receive any noticable media coverage during the period. Price Growth (%) |
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About Dollar General Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Dollar or other stocks. Alpha measures the amount that position in Dollar General has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Dollar General in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Dollar General's short interest history, or implied volatility extrapolated from Dollar General options trading.
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Additional Information and Resources on Investing in Dollar Stock
When determining whether Dollar General is a strong investment it is important to analyze Dollar General's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Dollar General's future performance. For an informed investment choice regarding Dollar Stock, refer to the following important reports:Check out Dollar General Backtesting, Dollar General Valuation, Dollar General Correlation, Dollar General Hype Analysis, Dollar General Volatility, Dollar General History and analyze Dollar General Performance. For information on how to trade Dollar Stock refer to our How to Trade Dollar Stock guide.You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Dollar General 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.