Doman Building Materials Stock Probability of Future Stock Price Finishing Over 11.84
| DBM Stock | 9.53 0.14 1.45% |
Doman |
Doman Building Target Price Odds to finish over 11.84
The tendency of Doman 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 over 11.84 or more in 90 days |
| 9.53 | 90 days | 11.84 | near 1 |
Based on a normal probability distribution, the odds of Doman Building to move over 11.84 or more in 90 days from now is near 1 (This Doman Building Materials probability density function shows the probability of Doman Stock to fall within a particular range of prices over 90 days) . Probability of Doman Building Materials price to stay between its current price of 9.53 and 11.84 at the end of the 90-day period is about 13.66 .
Assuming the 90 days trading horizon Doman Building Materials has a beta of -0.0272 suggesting as returns on the benchmark increase, returns on holding Doman Building are expected to decrease at a much lower rate. During a bear market, however, Doman Building Materials is likely to outperform the market. Additionally Doman Building Materials has an alpha of 0.499, implying that it can generate a 0.5 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Doman Building Price Density |
| Price |
Predictive Modules for Doman Building
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Doman Building Materials. 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.Doman Building Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Doman Building is not an exception. The market had few large corrections towards the Doman Building'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 Doman Building Materials, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Doman Building within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.50 | |
β | Beta against Dow Jones | -0.03 | |
σ | Overall volatility | 0.84 | |
Ir | Information ratio | 0.20 |
Doman Building 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 Doman Building for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Doman Building Materials can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| About 20.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Doman Building Materials Group Ltd. Announces Closing of Additional 100 Million Senior Unsecured Note Offering - Yahoo Finance |
Doman Building Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Doman Stock often depends not only on the future outlook of the current and potential Doman Building's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Doman Building's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 87 M | |
| Cash And Short Term Investments | 40.2 M |
Doman Building Technical Analysis
Doman Building's future price can be derived by breaking down and analyzing its technical indicators over time. Doman Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Doman Building Materials. In general, you should focus on analyzing Doman Stock price patterns and their correlations with different microeconomic environments and drivers.
Doman Building Predictive Forecast Models
Doman Building's time-series forecasting models is one of many Doman Building'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 Doman Building'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 Doman Building Materials
Checking the ongoing alerts about Doman Building for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Doman Building Materials help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| About 20.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Doman Building Materials Group Ltd. Announces Closing of Additional 100 Million Senior Unsecured Note Offering - Yahoo Finance |
Other Information on Investing in Doman Stock
Doman Building financial ratios help investors to determine whether Doman Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Doman with respect to the benefits of owning Doman Building security.