Duluth Holdings Stock Market Value

DLTH Stock  USD 4.90  0.03  0.61%   
Duluth Holdings' market value is the price at which a share of Duluth Holdings trades on a public exchange. It measures the collective expectations of Duluth Holdings investors about its performance. Duluth Holdings is trading at 4.90 as of the 29th of March 2024. This is a -0.61 percent decrease since the beginning of the trading day. The stock's open price was 4.93.
With this module, you can estimate the performance of a buy and hold strategy of Duluth Holdings and determine expected loss or profit from investing in Duluth Holdings over a given investment horizon. Check out Duluth Holdings Correlation, Duluth Holdings Volatility and Duluth Holdings Alpha and Beta module to complement your research on Duluth Holdings.
For more detail on how to invest in Duluth Stock please use our How to Invest in Duluth Holdings guide.
Symbol

Duluth Holdings Company Valuation

Is Duluth 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 Duluth Holdings. If investors know Duluth 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 Duluth 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
(0.07)
Earnings Share
(0.28)
Revenue Per Share
19.623
Quarterly Revenue Growth
0.016
Return On Assets
(0.01)
The market value of Duluth Holdings is measured differently than its book value, which is the value of Duluth that is recorded on the company's balance sheet. Investors also form their own opinion of Duluth Holdings' value that differs from its market value or its book value, called intrinsic value, which is Duluth 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 Duluth Holdings' market value can be influenced by many factors that don't directly affect Duluth 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 Duluth Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Duluth Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Duluth 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.

Duluth 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 Duluth 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 Duluth Holdings.
0.00
01/29/2024
No Change 0.00  0.0 
In 2 months and 1 day
03/29/2024
0.00
If you would invest  0.00  in Duluth Holdings on January 29, 2024 and sell it all today you would earn a total of 0.00 from holding Duluth Holdings or generate 0.0% return on investment in Duluth Holdings over 60 days. Duluth Holdings is related to or competes with Innovid Corp, Asure Software, Xunlei, 51Talk Online, Dolphin Entertainment, BioNTech, and Analog Devices. Duluth Holdings Inc. sells casual wear, workwear, and accessories for men and women under the Duluth Trading brand in th... More

Duluth 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 Duluth 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 Duluth Holdings upside and downside potential and time the market with a certain degree of confidence.

Duluth Holdings Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Duluth Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Duluth Holdings' standard deviation. In reality, there are many statistical measures that can use Duluth Holdings historical prices to predict the future Duluth Holdings' volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Duluth 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.
Hype
Prediction
LowEstimatedHigh
2.954.906.85
Details
Intrinsic
Valuation
LowRealHigh
2.964.916.86
Details
Naive
Forecast
LowNextHigh
3.135.087.03
Details
3 Analysts
Consensus
LowTargetHigh
5.926.507.22
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Duluth Holdings. Your research has to be compared to or analyzed against Duluth Holdings' peers to derive any actionable benefits. When done correctly, Duluth Holdings' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Duluth Holdings.

Duluth Holdings Backtested Returns

Duluth Holdings secures Sharpe Ratio (or Efficiency) of -0.0744, which denotes the company had a -0.0744% return per unit of risk over the last 3 months. Duluth Holdings exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Duluth Holdings' Variance of 3.95, mean deviation of 1.56, and Standard Deviation of 1.99 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.02, which means a somewhat significant risk relative to the market. Duluth Holdings returns are very sensitive to returns on the market. As the market goes up or down, Duluth Holdings is expected to follow. Duluth Holdings has an expected return of -0.15%. Please make sure to confirm Duluth Holdings maximum drawdown, as well as the relationship between the daily balance of power and period momentum indicator , to decide if Duluth Holdings performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.29  

Weak reverse predictability

Duluth Holdings has weak reverse predictability. Overlapping area represents the amount of predictability between Duluth Holdings time series from 29th of January 2024 to 28th of February 2024 and 28th of February 2024 to 29th 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 Duluth Holdings price movement. The serial correlation of -0.29 indicates that nearly 29.0% of current Duluth Holdings price fluctuation can be explain by its past prices.
Correlation Coefficient-0.29
Spearman Rank Test-0.23
Residual Average0.0
Price Variance0.03

Duluth Holdings lagged returns against current returns

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

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

Duluth Holdings Lagged Returns

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

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 Duluth 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, Duluth Holdings' short interest history, or implied volatility extrapolated from Duluth Holdings options trading.

Pair Trading with Duluth 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 Duluth 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 Duluth Holdings will appreciate offsetting losses from the drop in the long position's value.

Moving against Duluth Stock

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The ability to find closely correlated positions to Duluth 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 Duluth 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 Duluth 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 Duluth Holdings to buy it.
The correlation of Duluth 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 Duluth Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Duluth 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 Duluth 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.
Pair CorrelationCorrelation Matching
When determining whether Duluth Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Duluth Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Duluth Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Duluth Holdings Stock:
Check out Duluth Holdings Correlation, Duluth Holdings Volatility and Duluth Holdings Alpha and Beta module to complement your research on Duluth Holdings.
For more detail on how to invest in Duluth Stock please use our How to Invest in Duluth Holdings guide.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

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Duluth 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.
A focus of Duluth Holdings technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Duluth Holdings 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...