Dell Technologies Stock Market Value
| DELL Stock | USD 120.20 0.43 0.36% |
| Symbol | Dell |
Dell Technologies Price To Book Ratio
Is Dell Technologies' 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 Dell Technologies. If investors know Dell 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 Dell Technologies 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 0.909 | Dividend Share 1.48 | Earnings Share 4.35 | Revenue Per Share 122.813 | Quarterly Revenue Growth (0.11) |
The market value of Dell Technologies is measured differently than its book value, which is the value of Dell that is recorded on the company's balance sheet. Investors also form their own opinion of Dell Technologies' value that differs from its market value or its book value, called intrinsic value, which is Dell Technologies' 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 Dell Technologies' market value can be influenced by many factors that don't directly affect Dell Technologies' 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 Dell Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Dell Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dell Technologies' 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.
Dell Technologies '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 Dell Technologies' 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 Dell Technologies.
| 05/06/2022 |
| 04/25/2024 |
If you would invest 0.00 in Dell Technologies on May 6, 2022 and sell it all today you would earn a total of 0.00 from holding Dell Technologies or generate 0.0% return on investment in Dell Technologies over 720 days. Dell Technologies is related to or competes with Nano Dimension, DPCM Capital, Velo3D, Desktop Metal, 3D Systems, and Canaan. Dell Technologies Inc. designs, develops, manufactures, markets, sells, and supports various comprehensive and integrate... More
Dell Technologies 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 Dell Technologies' 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 Dell Technologies upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.5 | |||
| Information Ratio | 0.1227 | |||
| Maximum Drawdown | 36.69 | |||
| Value At Risk | (3.54) | |||
| Potential Upside | 4.85 |
Dell Technologies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dell Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dell Technologies' standard deviation. In reality, there are many statistical measures that can use Dell Technologies historical prices to predict the future Dell Technologies' volatility.| Risk Adjusted Performance | 0.0978 | |||
| Jensen Alpha | 0.4812 | |||
| Total Risk Alpha | 0.0188 | |||
| Sortino Ratio | 0.2315 | |||
| Treynor Ratio | 0.3098 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Dell Technologies' 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.
Dell Technologies Backtested Returns
Dell Technologies appears to be very steady, given 3 months investment horizon. Dell Technologies secures Sharpe Ratio (or Efficiency) of 0.14, which denotes the company had a 0.14% return per unit of risk over the last 3 months. By reviewing Dell Technologies' technical indicators, you can evaluate if the expected return of 0.68% is justified by implied risk. Please utilize Dell Technologies' Mean Deviation of 2.59, downside deviation of 2.5, and Coefficient Of Variation of 699.71 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Dell Technologies holds a performance score of 11. The firm shows a Beta (market volatility) of 2.14, 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, Dell Technologies will likely underperform. Please check Dell Technologies' total risk alpha, expected short fall, market facilitation index, as well as the relationship between the value at risk and daily balance of power , to make a quick decision on whether Dell Technologies' price patterns will revert.
Auto-correlation | -0.29 |
Weak reverse predictability
Dell Technologies has weak reverse predictability. Overlapping area represents the amount of predictability between Dell Technologies time series from 6th of May 2022 to 1st of May 2023 and 1st of May 2023 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 Dell Technologies price movement. The serial correlation of -0.29 indicates that nearly 29.0% of current Dell Technologies price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.29 | |
| Spearman Rank Test | -0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 508.35 |
Dell Technologies lagged returns against current returns
Autocorrelation, which is Dell Technologies 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 Dell Technologies' stock expected returns. We can calculate the autocorrelation of Dell Technologies returns to help us make a trade decision. For example, suppose you find that Dell Technologies 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 |
Dell Technologies 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 Dell Technologies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dell Technologies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dell Technologies stock over time.
Current vs Lagged Prices |
| Timeline |
Dell Technologies Lagged Returns
When evaluating Dell Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dell Technologies stock have on its future price. Dell Technologies 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, Dell Technologies autocorrelation shows the relationship between Dell Technologies stock current value and its past values and can show if there is a momentum factor associated with investing in Dell Technologies.
Regressed Prices |
| Timeline |
Dell Technologies Investors Sentiment
The influence of Dell Technologies' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Dell. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Dell Technologies' public news can be used to forecast risks associated with an investment in Dell. The trend in average sentiment can be used to explain how an investor holding Dell can time the market purely based on public headlines and social activities around Dell Technologies. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Dell Technologies' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Dell Technologies' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Dell Technologies' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Dell Technologies.
Dell Technologies Implied Volatility | 63.18 |
Dell Technologies' implied volatility exposes the market's sentiment of Dell Technologies stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Dell Technologies' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Dell Technologies stock will not fluctuate a lot when Dell Technologies' options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Dell Technologies in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Dell Technologies' short interest history, or implied volatility extrapolated from Dell Technologies options trading.
Pair Trading with Dell Technologies
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 Dell Technologies 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 Dell Technologies will appreciate offsetting losses from the drop in the long position's value.Moving against Dell Stock
| 0.91 | MX | MagnaChip Semiconductor Earnings Call This Week | PairCorr |
| 0.9 | AAPL | Apple Inc Earnings Call This Week | PairCorr |
| 0.79 | ICG | Intchains Group Upward Rally | PairCorr |
| 0.78 | BA | Boeing Financial Report 24th of July 2024 | PairCorr |
| 0.77 | DZSI | DZS Inc Financial Report 13th of May 2024 | PairCorr |
The ability to find closely correlated positions to Dell Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dell Technologies 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 Dell Technologies - 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 Dell Technologies to buy it.
The correlation of Dell Technologies 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 Dell Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dell Technologies 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 Dell Technologies 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 Dell Technologies Correlation, Dell Technologies Volatility and Dell Technologies Alpha and Beta module to complement your research on Dell Technologies. For more information on how to buy Dell Stock please use our How to buy in Dell Stock guide.You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Complementary Tools for Dell Stock analysis
When running Dell Technologies' price analysis, check to measure Dell Technologies' 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 Dell Technologies is operating at the current time. Most of Dell Technologies' value examination focuses on studying past and present price action to predict the probability of Dell Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dell Technologies' price. Additionally, you may evaluate how the addition of Dell Technologies to your portfolios can decrease your overall portfolio volatility.
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Dell Technologies 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.