DOW JONES Index Market Value

DJI
 Stock
  

 34,590  737.24  2.18%   

DOW JONES's market value is the price at which a share of DOW JONES stock trades on a public exchange. It measures the collective expectations of DOW JONES INDUSTRIAL investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of DOW JONES INDUSTRIAL and determine expected loss or profit from investing in DOW JONES over a given investment horizon. Check out DOW JONES Correlation, DOW JONES Volatility and DOW JONES Alpha and Beta module to complement your research on DOW JONES.
Symbol


Please note, there is a significant difference between DOW JONES's value and its price as these two are different measures arrived at by different means. Investors typically determine DOW JONES value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DOW JONES'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.

DOW JONES '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 DOW JONES's index 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 DOW JONES.
0.00
12/10/2021
No Change 0.00  0.0 
In 11 months and 27 days
12/05/2022
0.00
If you would invest  0.00  in DOW JONES on December 10, 2021 and sell it all today you would earn a total of 0.00 from holding DOW JONES INDUSTRIAL or generate 0.0% return on investment in DOW JONES over 360 days. More

DOW JONES 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 DOW JONES's index 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 DOW JONES INDUSTRIAL upside and downside potential and time the market with a certain degree of confidence.

DOW JONES Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for DOW JONES's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as DOW JONES's standard deviation. In reality, there are many statistical measures that can use DOW JONES historical prices to predict the future DOW JONES's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of DOW JONES'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. Please use the tools below to analyze the current value of DOW JONES in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
34,58834,59034,591
Details
Intrinsic
Valuation
LowReal ValueHigh
32,85932,86038,049
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as DOW JONES. Your research has to be compared to or analyzed against DOW JONES's peers to derive any actionable benefits. When done correctly, DOW JONES's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in DOW JONES INDUSTRIAL.

DOW JONES INDUSTRIAL Backtested Returns

DOW JONES INDUSTRIAL secures Sharpe Ratio (or Efficiency) of 0.13, which denotes the company had 0.13% of return per unit of volatility over the last 3 months. Our approach towards predicting the 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 DOW JONES INDUSTRIAL, which you can use to evaluate the future volatility of the firm.
DOW JONES has a performance score of 9 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.0, which means not very significant fluctuations relative to the market. Let's try to break down what DOW JONES's beta means in this case. the returns on MARKET and DOW JONES are completely uncorrelated. Although it is important to respect DOW JONES INDUSTRIAL historical returns, it is better to be realistic regarding the information on the equity's current trending patterns. The approach 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 evaluating DOW JONES INDUSTRIAL technical indicators, you can now evaluate if the expected return of 0.18% will be sustainable into the future. DOW JONES INDUSTRIAL currently shows a risk of 1.41%. Please confirm DOW JONES INDUSTRIAL standard deviation, as well as the relationship between the maximum drawdown and expected short fall to decide if DOW JONES INDUSTRIAL will be following its price patterns.

Auto-correlation

    
  -0.48  

Modest reverse predictability

DOW JONES INDUSTRIAL has modest reverse predictability. Overlapping area represents the amount of predictability between DOW JONES time series from 10th of December 2021 to 8th of June 2022 and 8th of June 2022 to 5th of December 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of DOW JONES INDUSTRIAL price movement. The serial correlation of -0.48 indicates that about 48.0% of current DOW JONES price fluctuation can be explain by its past prices.
Correlation Coefficient-0.48
Spearman Rank Test-0.19
Residual Average0.0
Price Variance2079935.51

DOW JONES INDUSTRIAL lagged returns against current returns

Autocorrelation, which is DOW JONES index'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 DOW JONES's index expected returns. We can calculate the autocorrelation of DOW JONES returns to help us make a trade decision. For example, suppose you find that DOW JONES index 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 stock movement to match the lagging time series.
   Current and Lagged Values   
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       Timeline  

DOW JONES 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 DOW JONES index is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if DOW JONES index is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in DOW JONES index over time.
   Current vs Lagged Prices   
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       Timeline  

DOW JONES Lagged Returns

When evaluating DOW JONES's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of DOW JONES index have on its future price. DOW JONES 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, DOW JONES autocorrelation shows the relationship between DOW JONES index current value and its past values and can show if there is a momentum factor associated with investing in DOW JONES INDUSTRIAL.
   Regressed Prices   
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       Timeline  

Be your own money manager

Our tools can tell you how much better you can do entering a position in DOW JONES without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Check out DOW JONES Correlation, DOW JONES Volatility and DOW JONES Alpha and Beta module to complement your research on DOW JONES. You can also try Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

Other Tools for DOW JONES Index

When running DOW JONES INDUSTRIAL price analysis, check to measure DOW JONES'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 DOW JONES is operating at the current time. Most of DOW JONES's value examination focuses on studying past and present price action to predict the probability of DOW JONES's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move DOW JONES's price. Additionally, you may evaluate how the addition of DOW JONES to your portfolios can decrease your overall portfolio volatility.
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