Decisionpoint Systems Stock Market Value
DPSI Stock | USD 8.57 0.26 3.13% |
Symbol | DecisionPoint |
DecisionPoint Systems Price To Book Ratio
Is DecisionPoint Systems' 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 DecisionPoint Systems. If investors know DecisionPoint 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 DecisionPoint Systems 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 (0.13) | Earnings Share 0.41 | Revenue Per Share 14.63 | Quarterly Revenue Growth 0.056 | Return On Assets 0.0481 |
The market value of DecisionPoint Systems is measured differently than its book value, which is the value of DecisionPoint that is recorded on the company's balance sheet. Investors also form their own opinion of DecisionPoint Systems' value that differs from its market value or its book value, called intrinsic value, which is DecisionPoint Systems' 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 DecisionPoint Systems' market value can be influenced by many factors that don't directly affect DecisionPoint Systems' 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 DecisionPoint Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if DecisionPoint Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DecisionPoint Systems' 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.
DecisionPoint Systems '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 DecisionPoint Systems' 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 DecisionPoint Systems.
02/27/2024 |
| 03/28/2024 |
If you would invest 0.00 in DecisionPoint Systems on February 27, 2024 and sell it all today you would earn a total of 0.00 from holding DecisionPoint Systems or generate 0.0% return on investment in DecisionPoint Systems over 30 days. DecisionPoint Systems is related to or competes with Unity Software, Daily Journal, C3 Ai, Blackline, Dynatrace Holdings, DoubleVerify Holdings, and Eventbrite. Decisionpoint Systems, Inc. provides and integrates enterprise mobility and wireless applications solutions that deliver... More
DecisionPoint Systems 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 DecisionPoint Systems' 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 DecisionPoint Systems upside and downside potential and time the market with a certain degree of confidence.
Downside Deviation | 3.23 | |||
Information Ratio | 0.1172 | |||
Maximum Drawdown | 17.3 | |||
Value At Risk | (4.38) | |||
Potential Upside | 6.84 |
DecisionPoint Systems Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for DecisionPoint Systems' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as DecisionPoint Systems' standard deviation. In reality, there are many statistical measures that can use DecisionPoint Systems historical prices to predict the future DecisionPoint Systems' volatility.Risk Adjusted Performance | 0.0966 | |||
Jensen Alpha | 0.5031 | |||
Total Risk Alpha | (0.22) | |||
Sortino Ratio | 0.1163 | |||
Treynor Ratio | (21.10) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of DecisionPoint Systems' 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.
DecisionPoint Systems Backtested Returns
DecisionPoint Systems appears to be somewhat reliable, given 3 months investment horizon. DecisionPoint Systems secures Sharpe Ratio (or Efficiency) of 0.17, which denotes the company had a 0.17% return per unit of standard deviation over the last 3 months. By reviewing DecisionPoint Systems' technical indicators, you can evaluate if the expected return of 0.57% is justified by implied risk. Please utilize DecisionPoint Systems' Mean Deviation of 2.26, semi deviation of 2.77, and Downside Deviation of 3.23 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, DecisionPoint Systems holds a performance score of 13. The firm shows a Beta (market volatility) of -0.0237, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning DecisionPoint Systems are expected to decrease at a much lower rate. During the bear market, DecisionPoint Systems is likely to outperform the market. Please check DecisionPoint Systems' standard deviation, expected short fall, period momentum indicator, as well as the relationship between the maximum drawdown and rate of daily change , to make a quick decision on whether DecisionPoint Systems' price patterns will revert.
Auto-correlation | -0.08 |
Very weak reverse predictability
DecisionPoint Systems has very weak reverse predictability. Overlapping area represents the amount of predictability between DecisionPoint Systems time series from 27th of February 2024 to 13th of March 2024 and 13th of March 2024 to 28th of March 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 DecisionPoint Systems price movement. The serial correlation of -0.08 indicates that barely 8.0% of current DecisionPoint Systems price fluctuation can be explain by its past prices.
Correlation Coefficient | -0.08 | |
Spearman Rank Test | -0.53 | |
Residual Average | 0.0 | |
Price Variance | 0.1 |
DecisionPoint Systems lagged returns against current returns
Autocorrelation, which is DecisionPoint Systems 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 DecisionPoint Systems' stock expected returns. We can calculate the autocorrelation of DecisionPoint Systems returns to help us make a trade decision. For example, suppose you find that DecisionPoint Systems 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 |
DecisionPoint Systems 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 DecisionPoint Systems stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if DecisionPoint Systems stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in DecisionPoint Systems stock over time.
Current vs Lagged Prices |
Timeline |
DecisionPoint Systems Lagged Returns
When evaluating DecisionPoint Systems' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of DecisionPoint Systems stock have on its future price. DecisionPoint Systems 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, DecisionPoint Systems autocorrelation shows the relationship between DecisionPoint Systems stock current value and its past values and can show if there is a momentum factor associated with investing in DecisionPoint Systems.
Regressed Prices |
Timeline |
Pair Trading with DecisionPoint Systems
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 DecisionPoint Systems 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 DecisionPoint Systems will appreciate offsetting losses from the drop in the long position's value.Moving against DecisionPoint Stock
0.94 | MKTW | Marketwise Report 4th of April 2024 | PairCorr |
0.92 | MLNK | Meridianlink Financial Report 7th of May 2024 | PairCorr |
0.89 | WK | Workiva Financial Report 7th of May 2024 | PairCorr |
0.85 | U | Unity Software Financial Report 8th of May 2024 | PairCorr |
0.78 | DT | Dynatrace Holdings LLC Sell-off Trend | PairCorr |
The ability to find closely correlated positions to DecisionPoint Systems could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DecisionPoint Systems 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 DecisionPoint Systems - 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 DecisionPoint Systems to buy it.
The correlation of DecisionPoint Systems 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 DecisionPoint Systems moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DecisionPoint Systems 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 DecisionPoint Systems 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 DecisionPoint Systems Correlation, DecisionPoint Systems Volatility and DecisionPoint Systems Alpha and Beta module to complement your research on DecisionPoint Systems. For more detail on how to invest in DecisionPoint Stock please use our How to Invest in DecisionPoint Systems guide.You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Complementary Tools for DecisionPoint Stock analysis
When running DecisionPoint Systems' price analysis, check to measure DecisionPoint Systems' 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 DecisionPoint Systems is operating at the current time. Most of DecisionPoint Systems' value examination focuses on studying past and present price action to predict the probability of DecisionPoint Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DecisionPoint Systems' price. Additionally, you may evaluate how the addition of DecisionPoint Systems to your portfolios can decrease your overall portfolio volatility.
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DecisionPoint Systems 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.