Dollar General Risk Analysis And Volatility

DG -- USA Stock  

Fiscal Quarter End: October 31, 2019  

Macroaxis considers Dollar General very steady given 3 months investment horizon. Dollar General secures Sharpe Ratio (or Efficiency) of 0.124 which denotes the organization had 0.124% of return per unit of risk over the last 3 months. 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-one technical indicators for Dollar General Corporation which you can use to evaluate future volatility of the firm. Please utilize Dollar General Downside Deviation of 1.18, Coefficient Of Variation of 742.18 and Mean Deviation of 1.07 to check if our risk estimates are consistent with your expectations.
Interest Expense

90 Days Market Risk

Very steady

Chance of Distress in 24 months

90 Days Economic Sensitivity

Follows market closely
Horizon     30 Days    Login   to change

Dollar General Market Sensitivity

As returns on market increase, Dollar General returns are expected to increase less than the market. However during bear market, the loss on holding Dollar General will be expected to be smaller as well.
3 Months Beta |Analyze Dollar General Demand Trend
Check current 30 days Dollar General correlation with market (DOW)
β = 0.8331

Dollar General Central Daily Price Deviation

Dollar General Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. Dollar General Typical Price indicator is an average of each day price and can be used instead of closing price when creating different Dollar General moving average lines. View also all equity analysis or get more info about typical price price transform indicator.

Dollar General Projected Return Density Against Market

Allowing for the 30-days total investment horizon, Dollar General has beta of 0.8331 suggesting as returns on market go up, Dollar General average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Dollar General Corporation will be expected to be much smaller as well. Moreover, The company has an alpha of 0.2413 implying that it can potentially generate 0.2413% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
Allowing for the 30-days total investment horizon, the coefficient of variation of Dollar General is 806.27. The daily returns are destributed with a variance of 3.06 and standard deviation of 1.75. The mean deviation of Dollar General Corporation is currently at 1.07. For similar time horizon, the selected benchmark (DOW) has volatility of 0.97
α
Alpha over DOW
=0.24
β
Beta against DOW=0.83
σ
Overall volatility
=1.75
Ir
Information ratio =0.14

Dollar General Return Volatility

the firm accepts 1.7497% volatility on return distribution over the 30 days horizon. the entity inherits 0.9727% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Dollar General Investment Opportunity

Dollar General Corporation has a volatility of 1.75 and is 1.8 times more volatile than DOW. 15  of all equities and portfolios are less risky than Dollar General. Compared to the overall equity markets, volatility of historical daily returns of Dollar General Corporation is lower than 15 () of all global equities and portfolios over the last 30 days. Use Dollar General Corporation to enhance returns of your portfolios. The stock experiences large bullish trend. Check odds of Dollar General to be traded at $178.48 in 30 days. . As returns on market increase, Dollar General returns are expected to increase less than the market. However during bear market, the loss on holding Dollar General will be expected to be smaller as well.

Dollar General correlation with market

correlation synergy
Very weak diversification
Overlapping area represents the amount of risk that can be diversified away by holding Dollar General Corp. and equity matching DJI index in the same portfolio.

Dollar General Current Risk Indicators

Dollar General Suggested Diversification Pairs

Additionally see Investing Opportunities. Please also try Commodity Channel Index module to use commodity channel index to analyze current equity momentum.
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