Dynatrace Holdings Llc Stock Market Value
| DT Stock | USD 46.26 1.83 4.12% |
| Symbol | Dynatrace |
Dynatrace Holdings LLC Price To Book Ratio
Is Dynatrace 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 Dynatrace Holdings. If investors know Dynatrace 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 Dynatrace Holdings 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 1.8 | Earnings Share 0.66 | Revenue Per Share 4.666 | Quarterly Revenue Growth 0.227 | Return On Assets 0.0294 |
The market value of Dynatrace Holdings LLC is measured differently than its book value, which is the value of Dynatrace that is recorded on the company's balance sheet. Investors also form their own opinion of Dynatrace Holdings' value that differs from its market value or its book value, called intrinsic value, which is Dynatrace 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 Dynatrace Holdings' market value can be influenced by many factors that don't directly affect Dynatrace 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 Dynatrace Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Dynatrace Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dynatrace 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.
Dynatrace 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 Dynatrace 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 Dynatrace Holdings.
| 03/20/2024 |
| 04/19/2024 |
If you would invest 0.00 in Dynatrace Holdings on March 20, 2024 and sell it all today you would earn a total of 0.00 from holding Dynatrace Holdings LLC or generate 0.0% return on investment in Dynatrace Holdings over 30 days. Dynatrace Holdings is related to or competes with Trade Desk, ServiceNow, Atlassian Corp, Snowflake, Unity Software, Elastic NV, and Pagerduty. Dynatrace, Inc. provides a software intelligence platform for dynamic multi-cloud environments More
Dynatrace 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 Dynatrace 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 Dynatrace Holdings LLC upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 11.67 | |||
| Value At Risk | (3.53) | |||
| Potential Upside | 2.48 |
Dynatrace Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dynatrace Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dynatrace Holdings' standard deviation. In reality, there are many statistical measures that can use Dynatrace Holdings historical prices to predict the future Dynatrace Holdings' volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.29) | |||
| Total Risk Alpha | (0.45) | |||
| Treynor Ratio | (0.84) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Dynatrace 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.
Dynatrace Holdings LLC Backtested Returns
Dynatrace Holdings LLC secures Sharpe Ratio (or Efficiency) of -0.18, which denotes the company had a -0.18% return per unit of risk over the last 3 months. Dynatrace Holdings LLC exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dynatrace Holdings' Mean Deviation of 1.36, standard deviation of 1.92, and Variance of 3.69 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.32, which means possible diversification benefits within a given portfolio. As returns on the market increase, Dynatrace Holdings' returns are expected to increase less than the market. However, during the bear market, the loss of holding Dynatrace Holdings is expected to be smaller as well. Dynatrace Holdings LLC has an expected return of -0.34%. Please make sure to confirm Dynatrace Holdings LLC potential upside, as well as the relationship between the rate of daily change and period momentum indicator , to decide if Dynatrace Holdings LLC performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.15 |
Insignificant predictability
Dynatrace Holdings LLC has insignificant predictability. Overlapping area represents the amount of predictability between Dynatrace Holdings time series from 20th of March 2024 to 4th of April 2024 and 4th of April 2024 to 19th 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 Dynatrace Holdings LLC price movement. The serial correlation of 0.15 indicates that less than 15.0% of current Dynatrace Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.15 | |
| Spearman Rank Test | 0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 1.19 |
Dynatrace Holdings LLC lagged returns against current returns
Autocorrelation, which is Dynatrace 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 Dynatrace Holdings' stock expected returns. We can calculate the autocorrelation of Dynatrace Holdings returns to help us make a trade decision. For example, suppose you find that Dynatrace 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 |
Dynatrace 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 Dynatrace Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dynatrace Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dynatrace Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
Dynatrace Holdings Lagged Returns
When evaluating Dynatrace Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dynatrace Holdings stock have on its future price. Dynatrace 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, Dynatrace Holdings autocorrelation shows the relationship between Dynatrace Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in Dynatrace Holdings LLC.
Regressed Prices |
| Timeline |
Dynatrace Holdings Investors Sentiment
The influence of Dynatrace Holdings' 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 Dynatrace. 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 Dynatrace Holdings' public news can be used to forecast risks associated with an investment in Dynatrace. The trend in average sentiment can be used to explain how an investor holding Dynatrace can time the market purely based on public headlines and social activities around Dynatrace Holdings LLC. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Dynatrace Holdings' 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 Dynatrace Holdings' 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 Dynatrace Holdings' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Dynatrace Holdings.
Dynatrace Holdings Implied Volatility | 61.79 |
Dynatrace Holdings' implied volatility exposes the market's sentiment of Dynatrace Holdings LLC stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Dynatrace Holdings' 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 Dynatrace Holdings stock will not fluctuate a lot when Dynatrace Holdings' 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 Dynatrace Holdings 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, Dynatrace Holdings' short interest history, or implied volatility extrapolated from Dynatrace Holdings options trading.
Pair Trading with Dynatrace 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 Dynatrace 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 Dynatrace Holdings will appreciate offsetting losses from the drop in the long position's value.Moving together with Dynatrace Stock
| 0.83 | U | Unity Software Financial Report 8th of May 2024 | PairCorr |
Moving against Dynatrace Stock
| 0.9 | DPSI | DecisionPoint Systems Financial Report 20th of May 2024 | PairCorr |
| 0.77 | VERX | Vertex Financial Report 8th of May 2024 | PairCorr |
| 0.74 | ML | MoneyLion Financial Report 14th of May 2024 | PairCorr |
| 0.68 | DJCO | Daily Journal Corp | PairCorr |
| 0.53 | KC | Kingsoft Cloud Holdi Financial Report 28th of May 2024 | PairCorr |
The ability to find closely correlated positions to Dynatrace 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 Dynatrace 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 Dynatrace 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 Dynatrace Holdings LLC to buy it.
The correlation of Dynatrace 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 Dynatrace Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dynatrace Holdings LLC 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 Dynatrace 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 Dynatrace Holdings Correlation, Dynatrace Holdings Volatility and Dynatrace Holdings Alpha and Beta module to complement your research on Dynatrace Holdings. You can also try the Stocks Directory module to find actively traded stocks across global markets.
Complementary Tools for Dynatrace Stock analysis
When running Dynatrace Holdings' price analysis, check to measure Dynatrace 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 Dynatrace Holdings is operating at the current time. Most of Dynatrace Holdings' value examination focuses on studying past and present price action to predict the probability of Dynatrace Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dynatrace Holdings' price. Additionally, you may evaluate how the addition of Dynatrace Holdings to your portfolios can decrease your overall portfolio volatility.
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Dynatrace 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.