Dollar General Backtesting

DG -- USA Stock  

USD 108.90  0.43  0.39%

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.
Horizon     30 Days    Login   to change

Dollar General 'What if' Analysis

August 22, 2018
No Change 0.00  0.0%
In 31 days
September 21, 2018
If you would invest  0.00  in Dollar General on August 22, 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 Dollar Tree, Big Lots, Freds, Ollies Bargain, PriceSmart, and Burlington Stores. Dollar General Corporation, a discount retailer, provides various merchandise products in the southern, southwestern, Mi...

Dollar General Upside/Downside Indicators

Downside Deviation0.6174
Information Ratio0.013144
Maximum Drawdown3.02
Value At Risk0.97
Potential Upside1.94

Dollar General Market Premium Indicators

Risk Adjusted Performance0.0449
Jensen Alpha0.1639
Total Risk Alpha0.13
Sortino Ratio0.019341
Treynor Ratio0.09

Dollar General Backtested Returns

We consider Dollar General not too risky. Dollar General secures Sharpe Ratio (or Efficiency) of 0.0991 which denotes Dollar General had 0.0991% 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 stock specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for Dollar General Corporation which you can use to evaluate future volatility of the firm. Please confirm Dollar General Coefficient Of Variation of 1004.83, Mean Deviation of 0.6959 and Downside Deviation of 0.6174 to check if risk estimate we provide are consistent with the epected return of 0.0904%. Dollar General has performance score of 6 on a scale of 0 to 100. The firm shows Beta (market volatility) of -0.904 which denotes to the fact that . 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 0.0904% will be sustainable into the future. Dollar General right now shows a risk of 0.9123%. Please confirm Dollar General Jensen Alpha, Potential Upside, Accumulation Distribution, as well as the relationship between Treynor Ratio and Expected Short fall to decide if Dollar General will be following its price patterns.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.33) 

Poor reverse predictability

Dollar General Corporation has poor reverse predictability. Overlapping area represents the amount of predictability between Dollar General time series from August 22, 2018 to September 6, 2018 and September 6, 2018 to September 21, 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 -0.33 indicates that nearly 33.0% 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-0.33
Spearman Rank Test-0.48
Residual Average0.0
Price Variance1.61

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 Lagged Returns

 Regressed Prices 

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Dollar General Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for Dollar General and Dollar Tree. 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 Fund Screener module to find activelly-traded funds from around the world traded on over 30 global exchanges.