Deluxe Stock Market Value
| DLX Stock | USD 20.29 0.19 0.93% |
| Symbol | Deluxe |
Deluxe Price To Book Ratio
Is Deluxe's industry 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 Deluxe. If investors know Deluxe 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 Deluxe 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 (0.23) | Dividend Share 1.2 | Earnings Share 0.59 | Revenue Per Share 50.335 | Quarterly Revenue Growth (0.05) |
The market value of Deluxe is measured differently than its book value, which is the value of Deluxe that is recorded on the company's balance sheet. Investors also form their own opinion of Deluxe's value that differs from its market value or its book value, called intrinsic value, which is Deluxe'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 Deluxe's market value can be influenced by many factors that don't directly affect Deluxe'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 Deluxe's value and its price as these two are different measures arrived at by different means. Investors typically determine if Deluxe is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Deluxe'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.
Deluxe '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 Deluxe'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 Deluxe.
| 03/26/2024 |
| 04/25/2024 |
If you would invest 0.00 in Deluxe on March 26, 2024 and sell it all today you would earn a total of 0.00 from holding Deluxe or generate 0.0% return on investment in Deluxe over 30 days. Deluxe is related to or competes with Criteo Sa, Emerald Expositions, Marchex, Integral, Cimpress, Innovid Corp, and Omnicom. Deluxe Corporation provides technology-enabled solutions to enterprises, small businesses, and financial institutions in... More
Deluxe 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 Deluxe'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 Deluxe upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.16 | |||
| Information Ratio | 0.0157 | |||
| Maximum Drawdown | 13.96 | |||
| Value At Risk | (2.88) | |||
| Potential Upside | 4.01 |
Deluxe Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Deluxe's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Deluxe's standard deviation. In reality, there are many statistical measures that can use Deluxe historical prices to predict the future Deluxe's volatility.| Risk Adjusted Performance | 0.0431 | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.19) | |||
| Sortino Ratio | 0.0167 | |||
| Treynor Ratio | 0.0506 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Deluxe'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.
Deluxe Backtested Returns
We consider Deluxe very steady. Deluxe secures Sharpe Ratio (or Efficiency) of 0.0312, which denotes the company had a 0.0312% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Deluxe, which you can use to evaluate the volatility of the firm. Please confirm Deluxe's Mean Deviation of 1.72, coefficient of variation of 1740.85, and Downside Deviation of 2.16 to check if the risk estimate we provide is consistent with the expected return of 0.0717%. Deluxe has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 2.4, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Deluxe will likely underperform. Deluxe right now shows a risk of 2.3%. Please confirm Deluxe treynor ratio, as well as the relationship between the expected short fall and day median price , to decide if Deluxe will be following its price patterns.
Auto-correlation | -0.27 |
Weak reverse predictability
Deluxe has weak reverse predictability. Overlapping area represents the amount of predictability between Deluxe time series from 26th of March 2024 to 10th of April 2024 and 10th of April 2024 to 25th of April 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 Deluxe price movement. The serial correlation of -0.27 indicates that nearly 27.0% of current Deluxe price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.27 | |
| Spearman Rank Test | -0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.31 |
Deluxe lagged returns against current returns
Autocorrelation, which is Deluxe 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 Deluxe's stock expected returns. We can calculate the autocorrelation of Deluxe returns to help us make a trade decision. For example, suppose you find that Deluxe 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 |
Deluxe 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 Deluxe stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Deluxe stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Deluxe stock over time.
Current vs Lagged Prices |
| Timeline |
Deluxe Lagged Returns
When evaluating Deluxe's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Deluxe stock have on its future price. Deluxe 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, Deluxe autocorrelation shows the relationship between Deluxe stock current value and its past values and can show if there is a momentum factor associated with investing in Deluxe.
Regressed Prices |
| Timeline |
Pair Trading with Deluxe
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 Deluxe 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 Deluxe will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Deluxe could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Deluxe 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 Deluxe - 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 Deluxe to buy it.
The correlation of Deluxe 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 Deluxe moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Deluxe 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 Deluxe 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.Check out Deluxe Correlation, Deluxe Volatility and Deluxe Alpha and Beta module to complement your research on Deluxe. For more information on how to buy Deluxe Stock please use our How to Invest in Deluxe guide.You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Complementary Tools for Deluxe Stock analysis
When running Deluxe's price analysis, check to measure Deluxe's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Deluxe is operating at the current time. Most of Deluxe's value examination focuses on studying past and present price action to predict the probability of Deluxe's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Deluxe's price. Additionally, you may evaluate how the addition of Deluxe to your portfolios can decrease your overall portfolio volatility.
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Deluxe 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.