Duluth Holdings Stock Market Value
| DLTH Stock | USD 4.35 0.12 2.84% |
| Symbol | Duluth |
Duluth Holdings Company Valuation
Is Duluth Holdings' 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 Duluth Holdings. If investors know Duluth 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 Duluth Holdings 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 (0.07) | Earnings Share (0.28) | Revenue Per Share 19.623 | Quarterly Revenue Growth 0.016 | Return On Assets (0.01) |
The market value of Duluth Holdings is measured differently than its book value, which is the value of Duluth that is recorded on the company's balance sheet. Investors also form their own opinion of Duluth Holdings' value that differs from its market value or its book value, called intrinsic value, which is Duluth Holdings' 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 Duluth Holdings' market value can be influenced by many factors that don't directly affect Duluth Holdings' 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 Duluth Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Duluth Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Duluth Holdings' 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.
Duluth Holdings '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 Duluth Holdings' 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 Duluth Holdings.
| 03/25/2024 |
| 04/24/2024 |
If you would invest 0.00 in Duluth Holdings on March 25, 2024 and sell it all today you would earn a total of 0.00 from holding Duluth Holdings or generate 0.0% return on investment in Duluth Holdings over 30 days. Duluth Holdings is related to or competes with Appian Corp, Okta, MongoDB, Twilio, and Trade Desk. Duluth Holdings Inc. sells casual wear, workwear, and accessories for men and women under the Duluth Trading brand in th... More
Duluth Holdings 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 Duluth Holdings' 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 Duluth Holdings upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 8.79 | |||
| Value At Risk | (3.20) | |||
| Potential Upside | 2.66 |
Duluth Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Duluth Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Duluth Holdings' standard deviation. In reality, there are many statistical measures that can use Duluth Holdings historical prices to predict the future Duluth Holdings' volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.33) | |||
| Total Risk Alpha | (0.52) | |||
| Treynor Ratio | (0.31) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Duluth Holdings' 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.
Duluth Holdings Backtested Returns
Duluth Holdings secures Sharpe Ratio (or Efficiency) of -0.0833, which denotes the company had a -0.0833% return per unit of risk over the last 3 months. Duluth Holdings exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Duluth Holdings' Standard Deviation of 2.0, variance of 3.99, and Mean Deviation of 1.55 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.84, which means possible diversification benefits within a given portfolio. As returns on the market increase, Duluth Holdings' returns are expected to increase less than the market. However, during the bear market, the loss of holding Duluth Holdings is expected to be smaller as well. Duluth Holdings has an expected return of -0.17%. Please make sure to confirm Duluth Holdings value at risk, as well as the relationship between the daily balance of power and period momentum indicator , to decide if Duluth Holdings performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.37 |
Poor reverse predictability
Duluth Holdings has poor reverse predictability. Overlapping area represents the amount of predictability between Duluth Holdings time series from 25th of March 2024 to 9th of April 2024 and 9th of April 2024 to 24th 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 Duluth Holdings price movement. The serial correlation of -0.37 indicates that just about 37.0% of current Duluth Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.37 | |
| Spearman Rank Test | -0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Duluth Holdings lagged returns against current returns
Autocorrelation, which is Duluth Holdings 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 Duluth Holdings' stock expected returns. We can calculate the autocorrelation of Duluth Holdings returns to help us make a trade decision. For example, suppose you find that Duluth Holdings 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 |
Duluth Holdings 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 Duluth Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Duluth Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Duluth Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
Duluth Holdings Lagged Returns
When evaluating Duluth Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Duluth Holdings stock have on its future price. Duluth Holdings 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, Duluth Holdings autocorrelation shows the relationship between Duluth Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in Duluth Holdings.
Regressed Prices |
| Timeline |
Pair Trading with Duluth Holdings
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 Duluth Holdings 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 Duluth Holdings will appreciate offsetting losses from the drop in the long position's value.Moving against Duluth Stock
| 0.46 | LE | Lands End Financial Report 6th of June 2024 | PairCorr |
The ability to find closely correlated positions to Duluth Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Duluth Holdings 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 Duluth Holdings - 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 Duluth Holdings to buy it.
The correlation of Duluth Holdings 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 Duluth Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Duluth Holdings 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 Duluth Holdings 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 Duluth Holdings Correlation, Duluth Holdings Volatility and Duluth Holdings Alpha and Beta module to complement your research on Duluth Holdings. For more detail on how to invest in Duluth Stock please use our How to Invest in Duluth Holdings guide.You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Duluth Stock analysis
When running Duluth Holdings' price analysis, check to measure Duluth Holdings' 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 Duluth Holdings is operating at the current time. Most of Duluth Holdings' value examination focuses on studying past and present price action to predict the probability of Duluth Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Duluth Holdings' price. Additionally, you may evaluate how the addition of Duluth Holdings to your portfolios can decrease your overall portfolio volatility.
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years |
Duluth Holdings 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.