DICKS Sporting (Brazil) Probability of Future Stock Price Finishing Over 138.27
| D2KS34 Stock | 138.27 12.27 9.74% |
DICKS |
DICKS Sporting Target Price Odds to finish over 138.27
The tendency of DICKS Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 138.27 | 90 days | 138.27 | near 1 |
Based on a normal probability distribution, the odds of DICKS Sporting to move above the current price in 90 days from now is near 1 (This DICKS Sporting Goods, probability density function shows the probability of DICKS Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon DICKS Sporting has a beta of 0.0522 suggesting as returns on the market go up, DICKS Sporting average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding DICKS Sporting Goods, will be expected to be much smaller as well. Additionally DICKS Sporting Goods, has an alpha of 0.3282, implying that it can generate a 0.33 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). DICKS Sporting Price Density |
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Predictive Modules for DICKS Sporting
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as DICKS Sporting Goods,. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.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 toward taking a position in DICKS Sporting Goods,.DICKS Sporting Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. DICKS Sporting is not an exception. The market had few large corrections towards the DICKS Sporting's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold DICKS Sporting Goods,, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of DICKS Sporting within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.33 | |
β | Beta against Dow Jones | 0.05 | |
σ | Overall volatility | 5.30 | |
Ir | Information ratio | 0.15 |
DICKS Sporting Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of DICKS Sporting for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for DICKS Sporting Goods, can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| DICKS Sporting is not yet fully synchronised with the market data |
DICKS Sporting Technical Analysis
DICKS Sporting's future price can be derived by breaking down and analyzing its technical indicators over time. DICKS Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of DICKS Sporting Goods,. In general, you should focus on analyzing DICKS Stock price patterns and their correlations with different microeconomic environments and drivers.
DICKS Sporting Predictive Forecast Models
DICKS Sporting's time-series forecasting models is one of many DICKS Sporting's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary DICKS Sporting's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about DICKS Sporting Goods,
Checking the ongoing alerts about DICKS Sporting for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for DICKS Sporting Goods, help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| DICKS Sporting is not yet fully synchronised with the market data |