Dynagas Lng Partners Stock Market Value

DLNG Stock  USD 2.75  0.04  1.48%   
Dynagas LNG's market value is the price at which a share of Dynagas LNG trades on a public exchange. It measures the collective expectations of Dynagas LNG Partners investors about its performance. Dynagas LNG is trading at 2.75 as of the 28th of March 2024. This is a 1.48 percent increase since the beginning of the trading day. The stock's lowest day price was 2.6.
With this module, you can estimate the performance of a buy and hold strategy of Dynagas LNG Partners and determine expected loss or profit from investing in Dynagas LNG over a given investment horizon. Check out Dynagas LNG Correlation, Dynagas LNG Volatility and Dynagas LNG Alpha and Beta module to complement your research on Dynagas LNG.
Symbol

Dynagas LNG Partners Price To Book Ratio

Is Dynagas LNG's 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 Dynagas LNG. If investors know Dynagas 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 Dynagas LNG 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
(0.81)
Earnings Share
0.68
Revenue Per Share
4.305
Quarterly Revenue Growth
0.625
Return On Assets
0.0418
The market value of Dynagas LNG Partners is measured differently than its book value, which is the value of Dynagas that is recorded on the company's balance sheet. Investors also form their own opinion of Dynagas LNG's value that differs from its market value or its book value, called intrinsic value, which is Dynagas LNG'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 Dynagas LNG's market value can be influenced by many factors that don't directly affect Dynagas LNG'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 Dynagas LNG's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dynagas LNG is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dynagas LNG'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.

Dynagas LNG '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 Dynagas LNG'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 Dynagas LNG.
0.00
02/27/2024
No Change 0.00  0.0 
In 30 days
03/28/2024
0.00
If you would invest  0.00  in Dynagas LNG on February 27, 2024 and sell it all today you would earn a total of 0.00 from holding Dynagas LNG Partners or generate 0.0% return on investment in Dynagas LNG over 30 days. Dynagas LNG is related to or competes with NuStar Energy, Viper Energy, Global Partners, and Global Partners. Dynagas LNG Partners LP, through its subsidiaries, operates in the seaborne transportation industry worldwide More

Dynagas LNG 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 Dynagas LNG'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 Dynagas LNG Partners upside and downside potential and time the market with a certain degree of confidence.

Dynagas LNG Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Dynagas LNG's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dynagas LNG's standard deviation. In reality, there are many statistical measures that can use Dynagas LNG historical prices to predict the future Dynagas LNG's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Dynagas LNG's 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.
Hype
Prediction
LowEstimatedHigh
0.202.755.30
Details
Intrinsic
Valuation
LowRealHigh
0.623.175.72
Details
Naive
Forecast
LowNextHigh
0.362.915.46
Details
1 Analysts
Consensus
LowTargetHigh
3.644.004.44
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Dynagas LNG. Your research has to be compared to or analyzed against Dynagas LNG's peers to derive any actionable benefits. When done correctly, Dynagas LNG's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Dynagas LNG Partners.

Dynagas LNG Partners Backtested Returns

We consider Dynagas LNG moderately volatile. Dynagas LNG Partners secures Sharpe Ratio (or Efficiency) of 8.0E-4, which denotes the company had a 8.0E-4% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Dynagas LNG Partners, which you can use to evaluate the volatility of the firm. Please confirm Dynagas LNG's Mean Deviation of 1.81, standard deviation of 2.48, and Variance of 6.13 to check if the risk estimate we provide is consistent with the expected return of 0.0021%. The firm shows a Beta (market volatility) of 0.0092, which means not very significant fluctuations relative to the market. As returns on the market increase, Dynagas LNG's returns are expected to increase less than the market. However, during the bear market, the loss of holding Dynagas LNG is expected to be smaller as well. Dynagas LNG Partners right now shows a risk of 2.54%. Please confirm Dynagas LNG Partners value at risk, as well as the relationship between the accumulation distribution and day typical price , to decide if Dynagas LNG Partners will be following its price patterns.

Auto-correlation

    
  -0.06  

Very weak reverse predictability

Dynagas LNG Partners has very weak reverse predictability. Overlapping area represents the amount of predictability between Dynagas LNG time series from 27th of February 2024 to 13th of March 2024 and 13th of March 2024 to 28th of March 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 Dynagas LNG Partners price movement. The serial correlation of -0.06 indicates that barely 6.0% of current Dynagas LNG price fluctuation can be explain by its past prices.
Correlation Coefficient-0.06
Spearman Rank Test0.08
Residual Average0.0
Price Variance0.0

Dynagas LNG Partners lagged returns against current returns

Autocorrelation, which is Dynagas LNG 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 Dynagas LNG's stock expected returns. We can calculate the autocorrelation of Dynagas LNG returns to help us make a trade decision. For example, suppose you find that Dynagas LNG 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  

Dynagas LNG 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 Dynagas LNG stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dynagas LNG stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dynagas LNG stock over time.
   Current vs Lagged Prices   
       Timeline  

Dynagas LNG Lagged Returns

When evaluating Dynagas LNG's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dynagas LNG stock have on its future price. Dynagas LNG 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, Dynagas LNG autocorrelation shows the relationship between Dynagas LNG stock current value and its past values and can show if there is a momentum factor associated with investing in Dynagas LNG Partners.
   Regressed Prices   
       Timeline  

Pair Trading with Dynagas LNG

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 Dynagas LNG 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 Dynagas LNG will appreciate offsetting losses from the drop in the long position's value.

Moving against Dynagas Stock

  0.44DTM DT Midstream Financial Report 7th of May 2024 PairCorr
  0.42ENB Enbridge Financial Report 3rd of May 2024 PairCorr
The ability to find closely correlated positions to Dynagas LNG could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dynagas LNG 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 Dynagas LNG - 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 Dynagas LNG Partners to buy it.
The correlation of Dynagas LNG 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 Dynagas LNG moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dynagas LNG Partners 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 Dynagas LNG 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.
Pair CorrelationCorrelation Matching
When determining whether Dynagas LNG Partners is a strong investment it is important to analyze Dynagas LNG'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 Dynagas LNG's future performance. For an informed investment choice regarding Dynagas Stock, refer to the following important reports:
Check out Dynagas LNG Correlation, Dynagas LNG Volatility and Dynagas LNG Alpha and Beta module to complement your research on Dynagas LNG.
You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.

Complementary Tools for Dynagas Stock analysis

When running Dynagas LNG's price analysis, check to measure Dynagas LNG's 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 Dynagas LNG is operating at the current time. Most of Dynagas LNG's value examination focuses on studying past and present price action to predict the probability of Dynagas LNG's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dynagas LNG's price. Additionally, you may evaluate how the addition of Dynagas LNG to your portfolios can decrease your overall portfolio volatility.
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Dynagas LNG 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.
A focus of Dynagas LNG technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Dynagas LNG trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...