Dlh Holdings Corp Stock Market Value
| DLHC Stock | USD 11.04 0.08 0.72% |
| Symbol | DLH |
DLH Holdings Corp Price To Book Ratio
Is DLH Holdings' industry 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 DLH Holdings. If investors know DLH 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 DLH Holdings 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 0.364 | Earnings Share 0.14 | Revenue Per Share 28.878 | Quarterly Revenue Growth 0.345 | Return On Assets 0.0495 |
The market value of DLH Holdings Corp is measured differently than its book value, which is the value of DLH that is recorded on the company's balance sheet. Investors also form their own opinion of DLH Holdings' value that differs from its market value or its book value, called intrinsic value, which is DLH Holdings' 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 DLH Holdings' market value can be influenced by many factors that don't directly affect DLH Holdings' 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 DLH Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if DLH Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DLH Holdings' 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.
DLH Holdings '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 DLH Holdings' 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 DLH Holdings.
| 03/20/2024 |
| 04/19/2024 |
If you would invest 0.00 in DLH Holdings on March 20, 2024 and sell it all today you would earn a total of 0.00 from holding DLH Holdings Corp or generate 0.0% return on investment in DLH Holdings over 30 days. DLH Holdings is related to or competes with ExlService Holdings, WNS Holdings, Gartner, Hackett, Genpact, CACI International, and Perficient. DLH Holdings Corp. provides technology-enabled business process outsourcing, program management solutions, and public he... More
DLH Holdings 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 DLH Holdings' 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 DLH Holdings Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.30) | |||
| Maximum Drawdown | 10.94 | |||
| Value At Risk | (4.60) | |||
| Potential Upside | 3.33 |
DLH Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for DLH Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as DLH Holdings' standard deviation. In reality, there are many statistical measures that can use DLH Holdings historical prices to predict the future DLH Holdings' volatility.| Risk Adjusted Performance | (0.16) | |||
| Jensen Alpha | (0.64) | |||
| Total Risk Alpha | (0.82) | |||
| Treynor Ratio | (1.22) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of DLH Holdings' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
DLH Holdings Corp Backtested Returns
DLH Holdings Corp secures Sharpe Ratio (or Efficiency) of -0.28, which denotes the company had a -0.28% return per unit of return volatility over the last 3 months. DLH Holdings Corp exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm DLH Holdings' mean deviation of 1.8, and Standard Deviation of 2.26 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.5, which means possible diversification benefits within a given portfolio. As returns on the market increase, DLH Holdings' returns are expected to increase less than the market. However, during the bear market, the loss of holding DLH Holdings is expected to be smaller as well. DLH Holdings Corp has an expected return of -0.62%. Please make sure to confirm DLH Holdings Corp jensen alpha, kurtosis, price action indicator, as well as the relationship between the maximum drawdown and rate of daily change , to decide if DLH Holdings Corp performance from the past will be repeated in the future.
Auto-correlation | 0.94 |
Excellent predictability
DLH Holdings Corp has excellent predictability. Overlapping area represents the amount of predictability between DLH Holdings time series from 20th of March 2024 to 4th of April 2024 and 4th of April 2024 to 19th of April 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 DLH Holdings Corp price movement. The serial correlation of 0.94 indicates that approximately 94.0% of current DLH Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.94 | |
| Spearman Rank Test | 0.9 | |
| Residual Average | 0.0 | |
| Price Variance | 0.6 |
DLH Holdings Corp lagged returns against current returns
Autocorrelation, which is DLH Holdings 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 DLH Holdings' stock expected returns. We can calculate the autocorrelation of DLH Holdings returns to help us make a trade decision. For example, suppose you find that DLH Holdings 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 |
DLH Holdings 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 DLH Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if DLH Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in DLH Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
DLH Holdings Lagged Returns
When evaluating DLH Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of DLH Holdings stock have on its future price. DLH Holdings 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, DLH Holdings autocorrelation shows the relationship between DLH Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in DLH Holdings Corp.
Regressed Prices |
| Timeline |
Pair Trading with DLH Holdings
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if DLH Holdings position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in DLH Holdings will appreciate offsetting losses from the drop in the long position's value.Moving against DLH Stock
| 0.83 | QRHC | Quest Resource Holding Financial Report 20th of May 2024 | PairCorr |
| 0.83 | AL | Air Lease Financial Report 6th of May 2024 | PairCorr |
| 0.75 | MSA | MSA Safety Financial Report 6th of May 2024 | PairCorr |
| 0.74 | VSEC | VSE Corporation Financial Report 6th of May 2024 | PairCorr |
| 0.71 | LICY | LiCycle Holdings Corp Financial Report 20th of May 2024 | PairCorr |
The ability to find closely correlated positions to DLH Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DLH Holdings when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back DLH Holdings - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling DLH Holdings Corp to buy it.
The correlation of DLH Holdings is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as DLH Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DLH Holdings Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for DLH Holdings can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out DLH Holdings Correlation, DLH Holdings Volatility and DLH Holdings Alpha and Beta module to complement your research on DLH Holdings. Note that the DLH Holdings Corp information on this page should be used as a complementary analysis to other DLH Holdings' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Complementary Tools for DLH Stock analysis
When running DLH Holdings' price analysis, check to measure DLH Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy DLH Holdings is operating at the current time. Most of DLH Holdings' value examination focuses on studying past and present price action to predict the probability of DLH Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DLH Holdings' price. Additionally, you may evaluate how the addition of DLH Holdings to your portfolios can decrease your overall portfolio volatility.
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm |
DLH Holdings 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.