Dollar General Backtesting

Dollar General Corporation -- USA Stock  

USD 96.67  1.06  1.08%

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
 Time Horizon     30 Days    Login   to change

Dollar General 'What if' Analysis

January 18, 2018
No Change 0.00  0.0%
In 31 days
February 17, 2018
If you would invest  0.00  in Dollar General on January 18, 2018 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, a discount retailer, provides various merchandise products in the southern, southwestern, mi...

Dollar General Upside/Downside Indicators


Dollar General Market Premium Indicators

Dollar General lagged returns against current returns

 Current and Lagged Values 

Dollar General regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Dollar General Backtested Returns

Macroaxis considers Dollar General to be not too risky. Dollar General secures Sharpe Ratio (or Efficiency) of -0.0742 which denotes Dollar General had -0.0742% of return per unit of risk over the last 1 month. Macroaxis philosophy towards predicting risk of any stock is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. Dollar General Corporation exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Dollar General Coefficient Of Variation of 1,347 and Mean Deviation of 1.41 to check risk estimate we provide. Macroaxis gives Dollar General performance score of 0 on a scale of 0 to 100. The firm shows Beta (market volatility) of -0.1685 which denotes to the fact that as returns on market increase, returns on owning Dollar General are expected to decrease at a much smaller rate. During bear market, Dollar General is likely to outperform the market.. Even though it is essential to pay attention to Dollar General historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis philosophy towards predicting future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Dollar General Corporation exposes twenty-one different technical indicators which can help you to evaluate its performance. Dollar General has expected return of -0.135%. Please be advised to confirm Dollar General Treynor Ratio, and the relationship between Variance and Potential Upside to decide if Dollar General past performance will be repeated at some point in the near future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.43) 

Modest reverse predictability

Dollar General Corporation has modest reverse predictability. Overlapping area represents the amount of predictability between Dollar General time series from January 18, 2018 to February 2, 2018 and February 2, 2018 to February 17, 2018. 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 -0.43 indicates that just about 43.0% of current Dollar General price fluctuation can be explain by its past prices. Given that Dollar General Corporation has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Dollar General for similar time interval.
Correlation Coefficient -0.43
Spearman Rank Test -0.04
Price Variance 1.8
Lagged Price Variance 1.68

Dollar General Lagged Returns

 Regressed Prices 

Dollar General Performance vs DOW

The median price of Dollar General for the period between Thu, Jan 18, 2018 and Sat, Feb 17, 2018 is 101.03 with a coefficient of variation of 3.36. The daily time series for the period is distributed with a sample standard deviation of 3.37, arithmetic mean of 100.18, and mean deviation of 3.01. The Stock received some media coverage during the period.
Price Growth (%)  
Polen Capital Management LLC Has 462.96 Million Position in ...02/16/2018