Dollar Weighted Average Shares from 2010 to 2024

DG Stock  USD 155.75  3.80  2.50%   
Check Dollar General financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Dollar main balance sheet or income statement drivers, such as Depreciation And Amortization of 891.2 M, Interest Expense of 343.1 M or Selling General Administrative of 4.9 B, as well as many exotic indicators such as Short Term Coverage Ratios of 0.67, Price Earnings Ratio of 36.39 or Price To Sales Ratio of 1.42. Dollar financial statements analysis is a perfect complement when working with Dollar General Valuation or Volatility modules.
  
This module can also supplement Dollar General's financial leverage analysis and stock options assessment as well as various Dollar General Technical models . Check out the analysis of Dollar General Correlation against competitors.
For more detail on how to invest in Dollar Stock please use our How to Invest in Dollar General guide.

About Dollar General Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Dollar General income statement, its balance sheet, and the statement of cash flows. Dollar General investors use historical funamental indicators, such as Dollar General's Weighted Average Shares, to determine how well the company is positioned to perform in the future. Although Dollar General investors may use each financial statement separately, they are all related. The changes in Dollar General's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Dollar General's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Dollar General Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Dollar General. Please read more on our technical analysis and fundamental analysis pages.
Dollar General Corporation, a discount retailer, provides various merchandise products in the southern, southwestern, Midwestern, and eastern United States. Dollar General Corporation was founded in 19 and is based in Goodlettsville, Tennessee. Dollar General operates under Discount Stores classification in the United States and is traded on New York Stock Exchange. It employs 163000 people.

Pair Trading with Dollar General

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 Dollar General 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 Dollar General will appreciate offsetting losses from the drop in the long position's value.

Moving together with Dollar Stock

  0.88BJ BJs Wholesale Club Financial Report 28th of May 2024 PairCorr
  0.87WMT Walmart Financial Report 16th of May 2024 PairCorr

Moving against Dollar Stock

  0.75IH IhumanInc Report 29th of March 2024 PairCorr
  0.7VDKB Vodka Brands CorpPairCorr
  0.67DNUT Krispy Kreme Financial Report 9th of May 2024 PairCorr
  0.53JZ Jianzhi Education Report 4th of October 2024 PairCorr
  0.43LW Lamb Weston Holdings Report 4th of April 2024 PairCorr
The ability to find closely correlated positions to Dollar General could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dollar General 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 Dollar General - 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 Dollar General to buy it.
The correlation of Dollar General is a statistical measure of how it moves in relation to other equities. 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 Dollar General moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dollar General 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 Dollar General 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.
Pair CorrelationCorrelation Matching
When determining whether Dollar General is a strong investment it is important to analyze Dollar General's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Dollar General's future performance. For an informed investment choice regarding Dollar Stock, refer to the following important reports:
Check out the analysis of Dollar General Correlation against competitors.
For more detail on how to invest in Dollar Stock please use our How to Invest in Dollar General guide.
Note that the Dollar General information on this page should be used as a complementary analysis to other Dollar General's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

Complementary Tools for Dollar Stock analysis

When running Dollar General's price analysis, check to measure Dollar General'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 Dollar General is operating at the current time. Most of Dollar General's value examination focuses on studying past and present price action to predict the probability of Dollar General's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dollar General's price. Additionally, you may evaluate how the addition of Dollar General to your portfolios can decrease your overall portfolio volatility.
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Is Dollar General'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 Dollar General. If investors know Dollar 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 Dollar General 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
(0.38)
Dividend Share
2.36
Earnings Share
8.69
Revenue Per Share
176.34
Quarterly Revenue Growth
(0.03)
The market value of Dollar General is measured differently than its book value, which is the value of Dollar that is recorded on the company's balance sheet. Investors also form their own opinion of Dollar General's value that differs from its market value or its book value, called intrinsic value, which is Dollar General'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 Dollar General's market value can be influenced by many factors that don't directly affect Dollar General'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 Dollar General's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dollar General is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dollar General'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.