Dominari Holdings Stock Market Value
| DOMH Stock | 2.76 0.06 2.22% |
| Symbol | Dominari |
Dominari Holdings Price To Book Ratio
Is Dominari 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 Dominari Holdings. If investors know Dominari 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 Dominari Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (4.38) | Revenue Per Share 0.39 | Return On Assets (0.20) | Return On Equity (0.36) |
The market value of Dominari Holdings is measured differently than its book value, which is the value of Dominari that is recorded on the company's balance sheet. Investors also form their own opinion of Dominari Holdings' value that differs from its market value or its book value, called intrinsic value, which is Dominari 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 Dominari Holdings' market value can be influenced by many factors that don't directly affect Dominari 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 Dominari Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Dominari Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dominari 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.
Dominari 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 Dominari 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 Dominari Holdings.
| 02/23/2024 |
| 04/23/2024 |
If you would invest 0.00 in Dominari Holdings on February 23, 2024 and sell it all today you would earn a total of 0.00 from holding Dominari Holdings or generate 0.0% return on investment in Dominari Holdings over 60 days. Dominari Holdings is related to or competes with CytomX Therapeutics, Instil Bio, Spero Therapeutics, Assembly Biosciences, Achilles Therapeutics, NextCure, and Senti Biosciences. Dominari Holdings is entity of United States More
Dominari 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 Dominari 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 Dominari Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.12 | |||
| Information Ratio | 0.0696 | |||
| Maximum Drawdown | 26.47 | |||
| Value At Risk | (6.28) | |||
| Potential Upside | 8.29 |
Dominari Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dominari Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dominari Holdings' standard deviation. In reality, there are many statistical measures that can use Dominari Holdings historical prices to predict the future Dominari Holdings' volatility.| Risk Adjusted Performance | 0.0632 | |||
| Jensen Alpha | 0.2639 | |||
| Total Risk Alpha | (0.20) | |||
| Sortino Ratio | 0.0794 | |||
| Treynor Ratio | 0.2255 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Dominari 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.
Dominari Holdings Backtested Returns
Dominari Holdings appears to be moderately volatile, given 3 months investment horizon. Dominari Holdings secures Sharpe Ratio (or Efficiency) of 0.12, which denotes the company had a 0.12% return per unit of risk over the last 3 months. By reviewing Dominari Holdings' technical indicators, you can evaluate if the expected return of 0.58% is justified by implied risk. Please utilize Dominari Holdings' Downside Deviation of 4.12, coefficient of variation of 1129.66, and Mean Deviation of 3.42 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Dominari Holdings holds a performance score of 9. The firm shows a Beta (market volatility) of 1.8, 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, Dominari Holdings will likely underperform. Please check Dominari Holdings' 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 Dominari Holdings' price patterns will revert.
Auto-correlation | 0.15 |
Insignificant predictability
Dominari Holdings has insignificant predictability. Overlapping area represents the amount of predictability between Dominari Holdings time series from 23rd of February 2024 to 24th of March 2024 and 24th of March 2024 to 23rd 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 Dominari Holdings price movement. The serial correlation of 0.15 indicates that less than 15.0% of current Dominari Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.15 | |
| Spearman Rank Test | 0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
Dominari Holdings lagged returns against current returns
Autocorrelation, which is Dominari 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 Dominari Holdings' stock expected returns. We can calculate the autocorrelation of Dominari Holdings returns to help us make a trade decision. For example, suppose you find that Dominari 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 |
Dominari 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 Dominari Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dominari Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dominari Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
Dominari Holdings Lagged Returns
When evaluating Dominari Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dominari Holdings stock have on its future price. Dominari 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, Dominari Holdings autocorrelation shows the relationship between Dominari Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in Dominari Holdings.
Regressed Prices |
| Timeline |
Pair Trading with Dominari 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 Dominari 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 Dominari Holdings will appreciate offsetting losses from the drop in the long position's value.Moving against Dominari Stock
| 0.83 | JNJ | Johnson Johnson Aggressive Push | PairCorr |
| 0.79 | ALKS | Alkermes Plc Financial Report 24th of April 2024 | PairCorr |
| 0.68 | ANAB | AnaptysBio Financial Report 9th of May 2024 | PairCorr |
| 0.66 | GNTA | Genenta Science SpA Report 24th of April 2024 | PairCorr |
| 0.65 | MGTX | MeiraGTx Holdings PLC Financial Report 9th of May 2024 | PairCorr |
The ability to find closely correlated positions to Dominari 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 Dominari 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 Dominari 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 Dominari Holdings to buy it.
The correlation of Dominari 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 Dominari Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dominari 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 Dominari 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 Dominari Holdings Correlation, Dominari Holdings Volatility and Dominari Holdings Alpha and Beta module to complement your research on Dominari Holdings. For more detail on how to invest in Dominari Stock please use our How to Invest in Dominari Holdings guide.You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Complementary Tools for Dominari Stock analysis
When running Dominari Holdings' price analysis, check to measure Dominari 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 Dominari Holdings is operating at the current time. Most of Dominari Holdings' value examination focuses on studying past and present price action to predict the probability of Dominari Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dominari Holdings' price. Additionally, you may evaluate how the addition of Dominari Holdings to your portfolios can decrease your overall portfolio volatility.
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Dominari 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.