Dollar General Backtesting

Dollar General Corporation -- USA Stock  

USD 82.91  0.11  0.13%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of Dollar General Corporation and determine expected loss or profit from investing in Dollar General over given investment horizon. Additionally see Dollar General Hype Analysis, Dollar General Correlation, Dollar General Valuation, Dollar General Volatility as well as analyze Dollar General Alpha and Beta and Dollar General Performance
Investment Horizon     30 Days    Login   to change
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Backtest

Dollar General 'What if' Analysis

September 19, 2017
 0.00 
No Change 0.00  0.0%
In 31 days
October 19, 2017
 0.00 
If you would invest  0.00  in Dollar General on September 19, 2017 and sell it all today you would earn a total of 0.00 from holding Dollar General Corporation or generate 0.0% return on investment in Dollar General over 30 days. Dollar General is related to or competes with Macys, Home Depot, Dollar Tree, Vipshop Holdings, and Aarons. Dollar General Corporation offers consumable products including paper and cleaning solutions comprising paper towels bat...

Dollar General Upside/Downside Indicators

  

Dollar General Market Premium Indicators

Dollar General lagged returns against current returns

 Current and Lagged Values 
      Timeline 

Dollar General regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

Dollar General Backtested Returns

Macroaxis considers Dollar General not too risky given 1 month investment horizon. Dollar General secures Sharpe Ratio (or Efficiency) of 0.3371 which denotes Dollar General had 0.3371% of return per unit of risk over the last 1 month. Our philosophy towards predicting volatility of a stock is to use all available market data together with company specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Dollar General Corporation which you can use to evaluate future volatility of the firm. Please utilize Dollar General Coefficient Of Variation of 338.64, Mean Deviation of 0.8324 and Downside Deviation of 0.8611 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100 Dollar General holds performance score of 22. The firm shows Beta (market volatility) of -1.5745 which denotes to the fact that as returns on market increase, returns on owning Dollar General are expected to decrease by larger amounts. On the other hand, during market turmoil, Dollar General is expected to significantly outperform it.. Although it is vital to follow to Dollar General historical returns, it is good to be conservative about what you can actually do with the information regarding equity current trending patternss. The philosophy towards predicting future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By reviewing Dollar General technical indicators you can presently evaluate if the expected return of 0.3465% will be sustainable into the future. Please utilizes Dollar General Treynor Ratio, and the relationship between Variance and Potential Upside to make a quick decision on weather Dollar General price patterns will revert.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.73 

Good predictability

Dollar General Corporation has good predictability. Overlapping area represents the amount of predictability between Dollar General time series from September 19, 2017 to October 4, 2017 and October 4, 2017 to October 19, 2017. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Dollar General price movement. The serial correlation of 0.73 indicates that around 73.0% of current Dollar General price fluctuation can be explain by its past prices.
Correlation Coefficient 0.73
Spearman Rank Test 0.66
Price Variance 1.14
Lagged Price Variance 3.03

Dollar General Lagged Returns

 Regressed Prices 
      Timeline 

Dollar General Performance vs DOW

The median price of Dollar General for the period between Tue, Sep 19, 2017 and Thu, Oct 19, 2017 is 81.29 with a coefficient of variation of 2.22. The daily time series for the period is distributed with a sample standard deviation of 1.79, arithmetic mean of 80.7, and mean deviation of 1.47. The Stock received some media coverage during the period.
October 6, 2017Dollar General Dividend Paid
Price Growth (%)  
      Timeline 
1
Dollar General Corporation Reports Insider TAYLOR RHONDA sol...10/19/2017