Dollar General Backtesting

DG -- USA Stock  

USD 98.68  1.47  1.47%

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
SymbolX
Backtest

Dollar General 'What if' Analysis

May 25, 2018
0.00
No Change 0.00  0.0%
In 31 days
June 24, 2018
0.00
If you would invest  0.00  in Dollar General on May 25, 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 Vipshop Holdings, Big Lots, Best Buy, Fossil, Dollar Tree, Home Depot, and BARNES NOBLE. Dollar General Corporation, a discount retailer, provides various merchandise products in the southern, southwestern, Mi...

Dollar General Upside/Downside Indicators

Downside Deviation4.22
Information Ratio0.0879
Maximum Drawdown10.02
Value At Risk0.86
Potential Upside2.03
  

Dollar General Market Premium Indicators

Risk Adjusted Performance0.01
Sortino Ratio0.0491

Dollar General Backtested Returns

Macroaxis considers Dollar General not too risky given 1 month investment horizon. Dollar General secures Sharpe Ratio (or Efficiency) of 0.0849 which denotes Dollar General had 0.0849% 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 1138.27, Mean Deviation of 1.22 and Downside Deviation of 4.22 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100 Dollar General holds performance score of 5. The firm shows Beta (market volatility) of 0.0 which denotes to the fact that the returns on MARKET and Dollar General are completely uncorrelated. Although it is extremely important to respect Dollar General historical returns, it is better to be realistic regarding the information on equity current trending patterns. 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 0.2101% 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 0.05 

Virtually no predictability

Dollar General Corporation has virtually no predictability. Overlapping area represents the amount of predictability between Dollar General time series from May 25, 2018 to June 9, 2018 and June 9, 2018 to June 24, 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 0.05 indicates that only as little as 5.0% of current Dollar General price fluctuation can be explain by its past prices.
Correlation Coefficient 0.05
Spearman Rank Test -0.43
Price Variance 1.4
Lagged Price Variance 9.06

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 Lagged Returns

 Regressed Prices 
      Timeline 

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Pair Correlation

Equities Pair Trading Analysis
Correlation analysis and pair trading evaluation for Dollar General and Vipshop Holdings Limited. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return
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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. Please also try Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.