Deckers Outdoor Stock Market Value
| DECK Stock | USD 202.87 0.97 0.48% |
| Symbol | Deckers |
Deckers Outdoor Price To Book Ratio
Is Textiles, Apparel & Luxury Goods space 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 Deckers Outdoor. If investors know Deckers 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 Deckers Outdoor 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 0.395 | Earnings Share 5.65 | Revenue Per Share 30.395 | Quarterly Revenue Growth 0.201 | Return On Assets 0.216 |
The market value of Deckers Outdoor is measured differently than its book value, which is the value of Deckers that is recorded on the company's balance sheet. Investors also form their own opinion of Deckers Outdoor's value that differs from its market value or its book value, called intrinsic value, which is Deckers Outdoor'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 Deckers Outdoor's market value can be influenced by many factors that don't directly affect Deckers Outdoor'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 Deckers Outdoor's value and its price as these two are different measures arrived at by different means. Investors typically determine if Deckers Outdoor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Deckers Outdoor'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.
Deckers Outdoor '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 Deckers Outdoor'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 Deckers Outdoor.
| 12/15/2022 |
| 12/04/2024 |
If you would invest 0.00 in Deckers Outdoor on December 15, 2022 and sell it all today you would earn a total of 0.00 from holding Deckers Outdoor or generate 0.0% return on investment in Deckers Outdoor over 720 days. Deckers Outdoor is related to or competes with On Holding, Crocs, Designer Brands, and Adidas AG. Deckers Outdoor Corporation, together with its subsidiaries, designs, markets, and distributes footwear, apparel, and ac... More
Deckers Outdoor 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 Deckers Outdoor'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 Deckers Outdoor upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.36 | |||
| Information Ratio | 0.1093 | |||
| Maximum Drawdown | 15.66 | |||
| Value At Risk | (3.72) | |||
| Potential Upside | 3.99 |
Deckers Outdoor Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Deckers Outdoor's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Deckers Outdoor's standard deviation. In reality, there are many statistical measures that can use Deckers Outdoor historical prices to predict the future Deckers Outdoor's volatility.| Risk Adjusted Performance | 0.1241 | |||
| Jensen Alpha | 0.2699 | |||
| Total Risk Alpha | 0.0362 | |||
| Sortino Ratio | 0.1189 | |||
| Treynor Ratio | 0.349 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Deckers Outdoor'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.
Deckers Outdoor Backtested Returns
Deckers Outdoor appears to be very steady, given 3 months investment horizon. Deckers Outdoor secures Sharpe Ratio (or Efficiency) of 0.22, which denotes the company had a 0.22% return per unit of standard deviation over the last 3 months. By reviewing Deckers Outdoor's technical indicators, you can evaluate if the expected return of 0.55% is justified by implied risk. Please utilize Deckers Outdoor's Mean Deviation of 1.75, downside deviation of 2.36, and Semi Deviation of 1.96 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Deckers Outdoor holds a performance score of 17. The firm shows a Beta (market volatility) of 1.1, which means a somewhat significant risk relative to the market. Deckers Outdoor returns are very sensitive to returns on the market. As the market goes up or down, Deckers Outdoor is expected to follow. Please check Deckers Outdoor's treynor ratio, expected short fall, and the relationship between the jensen alpha and potential upside , to make a quick decision on whether Deckers Outdoor's price patterns will revert.
Auto-correlation | 0.74 |
Good predictability
Deckers Outdoor has good predictability. Overlapping area represents the amount of predictability between Deckers Outdoor time series from 15th of December 2022 to 10th of December 2023 and 10th of December 2023 to 4th 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 Deckers Outdoor price movement. The serial correlation of 0.74 indicates that around 74.0% of current Deckers Outdoor price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.74 | |
| Spearman Rank Test | 0.65 | |
| Residual Average | 0.0 | |
| Price Variance | 344.06 |
Deckers Outdoor lagged returns against current returns
Autocorrelation, which is Deckers Outdoor 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 Deckers Outdoor's stock expected returns. We can calculate the autocorrelation of Deckers Outdoor returns to help us make a trade decision. For example, suppose you find that Deckers Outdoor 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 |
Deckers Outdoor 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 Deckers Outdoor stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Deckers Outdoor stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Deckers Outdoor stock over time.
Current vs Lagged Prices |
| Timeline |
Deckers Outdoor Lagged Returns
When evaluating Deckers Outdoor's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Deckers Outdoor stock have on its future price. Deckers Outdoor 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, Deckers Outdoor autocorrelation shows the relationship between Deckers Outdoor stock current value and its past values and can show if there is a momentum factor associated with investing in Deckers Outdoor.
Regressed Prices |
| Timeline |
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Deckers Outdoor 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.