Dicks Stock Market Value

DKS
 Stock
  

USD 97.55  0.72  0.74%   

Dicks Sporting's market value is the price at which a share of Dicks Sporting stock trades on a public exchange. It measures the collective expectations of Dicks Sporting Goods investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Dicks Sporting Goods and determine expected loss or profit from investing in Dicks Sporting over a given investment horizon. Continue to Dicks Sporting Hype Analysis, Dicks Sporting Correlation, Dicks Sporting Valuation, Dicks Sporting Volatility, as well as analyze Dicks Sporting Alpha and Beta and Dicks Sporting Performance.
Symbol


Is Dicks Sporting's 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 Dicks Sporting. If investors know Dicks 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 Dicks Sporting 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 YOY
-0.27
Market Capitalization
7.9 B
Quarterly Revenue Growth YOY
-0.075
Return On Assets
0.14
Return On Equity
0.59
The market value of Dicks Sporting Goods is measured differently than its book value, which is the value of Dicks that is recorded on the company's balance sheet. Investors also form their own opinion of Dicks Sporting's value that differs from its market value or its book value, called intrinsic value, which is Dicks Sporting's 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 Dicks Sporting's market value can be influenced by many factors that don't directly affect Dicks Sporting's 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 Dicks Sporting's value and its price as these two are different measures arrived at by different means. Investors typically determine Dicks Sporting value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dicks Sporting'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.

Dicks Sporting '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 Dicks Sporting's 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 Dicks Sporting.
0.00
07/08/2022
No Change 0.00  0.0 
In 31 days
08/07/2022
0.00
If you would invest  0.00  in Dicks Sporting on July 8, 2022 and sell it all today you would earn a total of 0.00 from holding Dicks Sporting Goods or generate 0.0% return on investment in Dicks Sporting over 30 days. Dicks Sporting is related to or competes with National Vision, Cisco Systems, Home Depot, Intel Corp, Boeing, Verizon Communications, and Coca Cola. DICKS Sporting Goods, Inc., together with its subsidiaries, operates as a sporting goods retailer primarily in the easte...More

Dicks Sporting 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 Dicks Sporting's 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 Dicks Sporting Goods upside and downside potential and time the market with a certain degree of confidence.

Dicks Sporting Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Dicks Sporting's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dicks Sporting's standard deviation. In reality, there are many statistical measures that can use Dicks Sporting historical prices to predict the future Dicks Sporting's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Dicks Sporting'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 Dicks Sporting in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
93.7197.34100.97
Details
Intrinsic
Valuation
LowReal ValueHigh
87.80106.55110.18
Details
Naive
Forecast
LowNext ValueHigh
90.6694.2997.92
Details
17 Analysts
Consensus
LowTarget PriceHigh
70.00136.81173.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Dicks Sporting. Your research has to be compared to or analyzed against Dicks Sporting's peers to derive any actionable benefits. When done correctly, Dicks Sporting'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 Dicks Sporting Goods.

Dicks Sporting Goods Backtested Returns

Dicks Sporting appears to be very steady, given 3 months investment horizon. Dicks Sporting Goods secures Sharpe Ratio (or Efficiency) of 0.0566, which denotes the company had 0.0566% of return per unit of standard deviation over the last 3 months. Our philosophy in 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-eight technical indicators for Dicks Sporting Goods, which you can use to evaluate the future volatility of the firm. Please utilize Dicks Sporting's Downside Deviation of 4.1, semi deviation of 4.02, and Mean Deviation of 2.66 to check if our risk estimates are consistent with your expectations.
On a scale of 0 to 100, Dicks Sporting holds a performance score of 4. The firm shows a Beta (market volatility) of 1.7538, which means a somewhat significant risk relative to the market. Let's try to break down what Dicks's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Dicks Sporting will likely underperform. Although it is important to respect Dicks Sporting Goods historical returns, it is better to be realistic regarding the information on the equity's current trending patterns. The philosophy in 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 reviewing Dicks Sporting Goods technical indicators, you can presently evaluate if the expected return of 0.21% will be sustainable into the future. Please utilizes Dicks Sporting Goods maximum drawdown, and the relationship between the information ratio and expected short fall to make a quick decision on whether Dicks Sporting price patterns will revert.

Auto-correlation

    
  0.90  

Excellent predictability

Dicks Sporting Goods has excellent predictability. Overlapping area represents the amount of predictability between Dicks Sporting time series from 8th of July 2022 to 23rd of July 2022 and 23rd of July 2022 to 7th of August 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 Dicks Sporting Goods price movement. The serial correlation of 0.9 indicates that approximately 90.0% of current Dicks Sporting price fluctuation can be explain by its past prices.
Correlation Coefficient0.9
Spearman Rank Test0.84
Residual Average0.0
Price Variance6.64

Dicks Sporting Goods lagged returns against current returns

Autocorrelation, which is Dicks Sporting 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 Dicks Sporting's stock expected returns. We can calculate the autocorrelation of Dicks Sporting returns to help us make a trade decision. For example, suppose you find that Dicks Sporting stock 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  

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

Dicks Sporting Lagged Returns

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

Dicks Sporting Investors Sentiment

The influence of Dicks Sporting's 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 Dicks. 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 markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Dicks Sporting's public news can be used to forecast risks associated with investment in Dicks. The trend in average sentiment can be used to explain how an investor holding Dicks can time the market purely based on public headlines and social activities around Dicks Sporting Goods. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Dicks Sporting's 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 Dicks Sporting's 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 Dicks Sporting's news discussions. The higher the estimate score, the more favorable is the investor's outlook on Dicks Sporting.

Dicks Sporting Implied Volatility

    
  43.73  
Dicks Sporting's implied volatility exposes the market's sentiment of Dicks Sporting Goods stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Dicks Sporting's 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 Dicks Sporting stock will not fluctuate a lot when Dicks Sporting's 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 Dicks Sporting 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, Dicks Sporting's short interest history, or implied volatility extrapolated from Dicks Sporting options trading.

Pair Trading with Dicks Sporting

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 Dicks Sporting 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 Dicks Sporting will appreciate offsetting losses from the drop in the long position's value.

Moving together with Dicks Sporting

0.67BGFVBig 5 Sporting Normal TradingPairCorr
The ability to find closely correlated positions to Dicks Sporting could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dicks Sporting 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 Dicks Sporting - 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 Dicks Sporting Goods to buy it.
The correlation of Dicks Sporting is a statistical measure of how it moves in relation to other equities. 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 Dicks Sporting moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dicks Sporting Goods 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 Dicks Sporting 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.
Pair CorrelationCorrelation Matching
Continue to Dicks Sporting Hype Analysis, Dicks Sporting Correlation, Dicks Sporting Valuation, Dicks Sporting Volatility, as well as analyze Dicks Sporting Alpha and Beta and Dicks Sporting Performance. Note that the Dicks Sporting Goods information on this page should be used as a complementary analysis to other Dicks Sporting's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

Complementary Tools for Dicks Stock analysis

When running Dicks Sporting Goods price analysis, check to measure Dicks Sporting'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 Dicks Sporting is operating at the current time. Most of Dicks Sporting's value examination focuses on studying past and present price action to predict the probability of Dicks Sporting's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Dicks Sporting's price. Additionally, you may evaluate how the addition of Dicks Sporting to your portfolios can decrease your overall portfolio volatility.
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Dicks Sporting 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.
A focus of Dicks Sporting technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Dicks Sporting trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...