Dolphin Entertainment Stock Market Value
| DLPN Stock | USD 0.66 0 0.59% |
| Symbol | Dolphin |
Dolphin Entertainment Price To Book Ratio
Is Movies & Entertainment 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 Dolphin Entertainment. If investors know Dolphin 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 Dolphin Entertainment 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 (0.70) | Earnings Share (0.94) | Revenue Per Share 2.805 | Quarterly Revenue Growth 0.038 | Return On Assets (0.03) |
The market value of Dolphin Entertainment is measured differently than its book value, which is the value of Dolphin that is recorded on the company's balance sheet. Investors also form their own opinion of Dolphin Entertainment's value that differs from its market value or its book value, called intrinsic value, which is Dolphin Entertainment'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 Dolphin Entertainment's market value can be influenced by many factors that don't directly affect Dolphin Entertainment'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 Dolphin Entertainment's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dolphin Entertainment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dolphin Entertainment'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.
Dolphin Entertainment '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 Dolphin Entertainment'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 Dolphin Entertainment.
| 09/07/2024 |
| 10/07/2024 |
If you would invest 0.00 in Dolphin Entertainment on September 7, 2024 and sell it all today you would earn a total of 0.00 from holding Dolphin Entertainment or generate 0.0% return on investment in Dolphin Entertainment over 30 days. Dolphin Entertainment is related to or competes with Paramount Global, Warner Bros, and Paramount Global. Dolphin Entertainment, Inc., together with its subsidiaries, operates as an independent entertainment marketing and prem... More
Dolphin Entertainment 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 Dolphin Entertainment'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 Dolphin Entertainment upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 42.05 | |||
| Value At Risk | (6.06) | |||
| Potential Upside | 6.78 |
Dolphin Entertainment Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dolphin Entertainment's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dolphin Entertainment's standard deviation. In reality, there are many statistical measures that can use Dolphin Entertainment historical prices to predict the future Dolphin Entertainment's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.24) | |||
| Total Risk Alpha | (0.88) | |||
| Treynor Ratio | (0.38) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Dolphin Entertainment'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.
Dolphin Entertainment Backtested Returns
Dolphin Entertainment secures Sharpe Ratio (or Efficiency) of -0.03, which denotes the company had a -0.03% return per unit of risk over the last 3 months. Dolphin Entertainment exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dolphin Entertainment's Mean Deviation of 3.41, standard deviation of 5.34, and Variance of 28.55 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.49, which means possible diversification benefits within a given portfolio. As returns on the market increase, Dolphin Entertainment's returns are expected to increase less than the market. However, during the bear market, the loss of holding Dolphin Entertainment is expected to be smaller as well. At this point, Dolphin Entertainment has a negative expected return of -0.16%. Please make sure to confirm Dolphin Entertainment's maximum drawdown, as well as the relationship between the daily balance of power and period momentum indicator , to decide if Dolphin Entertainment performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.36 |
Poor reverse predictability
Dolphin Entertainment has poor reverse predictability. Overlapping area represents the amount of predictability between Dolphin Entertainment time series from 7th of September 2024 to 22nd of September 2024 and 22nd of September 2024 to 7th of October 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 Dolphin Entertainment price movement. The serial correlation of -0.36 indicates that just about 36.0% of current Dolphin Entertainment price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.36 | |
| Spearman Rank Test | -0.47 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Dolphin Entertainment lagged returns against current returns
Autocorrelation, which is Dolphin Entertainment 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 Dolphin Entertainment's stock expected returns. We can calculate the autocorrelation of Dolphin Entertainment returns to help us make a trade decision. For example, suppose you find that Dolphin Entertainment 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 |
Dolphin Entertainment 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 Dolphin Entertainment stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dolphin Entertainment stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dolphin Entertainment stock over time.
Current vs Lagged Prices |
| Timeline |
Dolphin Entertainment Lagged Returns
When evaluating Dolphin Entertainment's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dolphin Entertainment stock have on its future price. Dolphin Entertainment 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, Dolphin Entertainment autocorrelation shows the relationship between Dolphin Entertainment stock current value and its past values and can show if there is a momentum factor associated with investing in Dolphin Entertainment.
Regressed Prices |
| Timeline |
Pair Trading with Dolphin Entertainment
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 Dolphin Entertainment 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 Dolphin Entertainment will appreciate offsetting losses from the drop in the long position's value.Moving together with Dolphin Stock
Moving against Dolphin Stock
| 0.82 | SE | Sea | PairCorr |
| 0.8 | FOXA | Fox Corp Class | PairCorr |
| 0.77 | CNK | Cinemark Holdings | PairCorr |
| 0.7 | ADD | Color Star Technology | PairCorr |
| 0.46 | BOC | Boston Omaha Corp | PairCorr |
The ability to find closely correlated positions to Dolphin Entertainment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dolphin Entertainment 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 Dolphin Entertainment - 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 Dolphin Entertainment to buy it.
The correlation of Dolphin Entertainment 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 Dolphin Entertainment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dolphin Entertainment 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 Dolphin Entertainment 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.Additional Information and Resources on Investing in Dolphin Stock
When determining whether Dolphin Entertainment offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Dolphin Entertainment's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Dolphin Entertainment Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Dolphin Entertainment Stock:Check out Dolphin Entertainment Correlation, Dolphin Entertainment Volatility and Dolphin Entertainment Alpha and Beta module to complement your research on Dolphin Entertainment. To learn how to invest in Dolphin Stock, please use our How to Invest in Dolphin Entertainment guide.You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Dolphin Entertainment 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.