Dominos Pizza Stock Market Value
| DPZ Stock | USD 529.27 2.14 0.41% |
| Symbol | Dominos |
Dominos Pizza Price To Book Ratio
Is Dominos Pizza'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 Dominos Pizza. If investors know Dominos 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 Dominos Pizza 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 0.301 | Dividend Share 4.84 | Earnings Share 14.67 | Revenue Per Share 127.683 | Quarterly Revenue Growth 0.031 |
The market value of Dominos Pizza is measured differently than its book value, which is the value of Dominos that is recorded on the company's balance sheet. Investors also form their own opinion of Dominos Pizza's value that differs from its market value or its book value, called intrinsic value, which is Dominos Pizza'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 Dominos Pizza's market value can be influenced by many factors that don't directly affect Dominos Pizza'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 Dominos Pizza's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dominos Pizza is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dominos Pizza'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.
Dominos Pizza '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 Dominos Pizza'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 Dominos Pizza.
| 03/31/2024 |
| 04/30/2024 |
If you would invest 0.00 in Dominos Pizza on March 31, 2024 and sell it all today you would earn a total of 0.00 from holding Dominos Pizza or generate 0.0% return on investment in Dominos Pizza over 30 days. Dominos Pizza is related to or competes with Brinker International, Jack In, Wendys, Wingstop, Yum China, Darden Restaurants, and Restaurant Brands. Dominos Pizza, Inc., through its subsidiaries, operates as a pizza company in the United States and internationally More
Dominos Pizza 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 Dominos Pizza'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 Dominos Pizza upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.48 | |||
| Information Ratio | 0.1156 | |||
| Maximum Drawdown | 10.39 | |||
| Value At Risk | (1.96) | |||
| Potential Upside | 2.14 |
Dominos Pizza Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dominos Pizza's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dominos Pizza's standard deviation. In reality, there are many statistical measures that can use Dominos Pizza historical prices to predict the future Dominos Pizza's volatility.| Risk Adjusted Performance | 0.1133 | |||
| Jensen Alpha | 0.1863 | |||
| Total Risk Alpha | 0.0612 | |||
| Sortino Ratio | 0.1244 | |||
| Treynor Ratio | 0.2722 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Dominos Pizza'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.
Dominos Pizza Backtested Returns
Dominos Pizza appears to be very steady, given 3 months investment horizon. Dominos Pizza secures Sharpe Ratio (or Efficiency) of 0.21, which denotes the company had a 0.21% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Dominos Pizza, which you can use to evaluate the volatility of the firm. Please utilize Dominos Pizza's Coefficient Of Variation of 581.96, downside deviation of 1.48, and Mean Deviation of 1.16 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Dominos Pizza holds a performance score of 16. The firm shows a Beta (market volatility) of 0.97, which means possible diversification benefits within a given portfolio. Dominos Pizza returns are very sensitive to returns on the market. As the market goes up or down, Dominos Pizza is expected to follow. Please check Dominos Pizza's treynor ratio, as well as the relationship between the expected short fall and day median price , to make a quick decision on whether Dominos Pizza's price patterns will revert.
Auto-correlation | -0.28 |
Weak reverse predictability
Dominos Pizza has weak reverse predictability. Overlapping area represents the amount of predictability between Dominos Pizza time series from 31st of March 2024 to 15th of April 2024 and 15th of April 2024 to 30th 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 Dominos Pizza price movement. The serial correlation of -0.28 indicates that nearly 28.0% of current Dominos Pizza price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.28 | |
| Spearman Rank Test | 0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 209.99 |
Dominos Pizza lagged returns against current returns
Autocorrelation, which is Dominos Pizza 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 Dominos Pizza's stock expected returns. We can calculate the autocorrelation of Dominos Pizza returns to help us make a trade decision. For example, suppose you find that Dominos Pizza 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 |
Dominos Pizza 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 Dominos Pizza stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dominos Pizza stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dominos Pizza stock over time.
Current vs Lagged Prices |
| Timeline |
Dominos Pizza Lagged Returns
When evaluating Dominos Pizza's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dominos Pizza stock have on its future price. Dominos Pizza 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, Dominos Pizza autocorrelation shows the relationship between Dominos Pizza stock current value and its past values and can show if there is a momentum factor associated with investing in Dominos Pizza.
Regressed Prices |
| Timeline |
Dominos Pizza Investors Sentiment
The influence of Dominos Pizza's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Dominos. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Dominos Pizza's public news can be used to forecast risks associated with an investment in Dominos. The trend in average sentiment can be used to explain how an investor holding Dominos can time the market purely based on public headlines and social activities around Dominos Pizza. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Dominos Pizza's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Dominos Pizza's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Dominos Pizza's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Dominos Pizza.
Dominos Pizza Implied Volatility | 41.19 |
Dominos Pizza's implied volatility exposes the market's sentiment of Dominos Pizza stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Dominos Pizza's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Dominos Pizza stock will not fluctuate a lot when Dominos Pizza's options are near their expiration.
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 Dominos Pizza 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, Dominos Pizza's short interest history, or implied volatility extrapolated from Dominos Pizza options trading.
Pair Trading with Dominos Pizza
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 Dominos Pizza 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 Dominos Pizza will appreciate offsetting losses from the drop in the long position's value.Moving together with Dominos Stock
| 0.81 | BH | Biglari Holdings Earnings Call This Week | PairCorr |
| 0.88 | CMG | Chipotle Mexican Grill | PairCorr |
Moving against Dominos Stock
| 0.81 | SBUX | Starbucks Financial Report 7th of May 2024 | PairCorr |
| 0.8 | MCD | McDonalds Financial Report 25th of July 2024 | PairCorr |
| 0.76 | DENN | Dennys Corp Financial Report 7th of May 2024 | PairCorr |
| 0.73 | CHUY | Chuys Holdings Financial Report 2nd of May 2024 | PairCorr |
| 0.66 | ARKR | Ark Restaurants Corp | PairCorr |
The ability to find closely correlated positions to Dominos Pizza could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dominos Pizza 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 Dominos Pizza - 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 Dominos Pizza to buy it.
The correlation of Dominos Pizza 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 Dominos Pizza moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dominos Pizza 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 Dominos Pizza 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 Dominos Pizza Correlation, Dominos Pizza Volatility and Dominos Pizza Alpha and Beta module to complement your research on Dominos Pizza. For more information on how to buy Dominos Stock please use our How to Invest in Dominos Pizza guide.You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Dominos Stock analysis
When running Dominos Pizza's price analysis, check to measure Dominos Pizza'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 Dominos Pizza is operating at the current time. Most of Dominos Pizza's value examination focuses on studying past and present price action to predict the probability of Dominos Pizza's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dominos Pizza's price. Additionally, you may evaluate how the addition of Dominos Pizza to your portfolios can decrease your overall portfolio volatility.
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Dominos Pizza 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.