Diamond Hill Investment Stock Probability of Future Stock Price Finishing Over 156.17
| DHIL Stock | USD 154.91 0.95 0.61% |
Diamond |
Diamond Hill Target Price Odds to finish over 156.17
The tendency of Diamond 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 $ 156.17 or more in 90 days |
| 154.91 | 90 days | 156.17 | about 68.76 |
Based on a normal probability distribution, the odds of Diamond Hill to move over $ 156.17 or more in 90 days from now is about 68.76 (This Diamond Hill Investment probability density function shows the probability of Diamond Stock to fall within a particular range of prices over 90 days) . Probability of Diamond Hill Investment price to stay between its current price of $ 154.91 and $ 156.17 at the end of the 90-day period is about 6.58 .
Given the investment horizon of 90 days Diamond Hill has a beta of 0.32 suggesting as returns on the market go up, Diamond Hill average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Diamond Hill Investment will be expected to be much smaller as well. Additionally Diamond Hill Investment has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Diamond Hill Price Density |
| Price |
Predictive Modules for Diamond Hill
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Diamond Hill Investment. 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.Diamond Hill Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Diamond Hill is not an exception. The market had few large corrections towards the Diamond Hill'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 Diamond Hill Investment, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Diamond Hill within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.01 | |
β | Beta against Dow Jones | 0.32 | |
σ | Overall volatility | 6.42 | |
Ir | Information ratio | -0.02 |
Diamond Hill 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 Diamond Hill for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Diamond Hill Investment can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Diamond Hill generated a negative expected return over the last 90 days | |
| About 69.0% of the company shares are held by institutions such as insurance companies | |
| On 6th of December 2024 Diamond Hill paid $ 1.5 per share dividend to its current shareholders | |
| Latest headline from gurufocus.com: Insider Buying Richard Cooley Acquires Shares of Diamond Hill Investment Group Inc |
Diamond Hill 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 Diamond Stock often depends not only on the future outlook of the current and potential Diamond Hill'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. Diamond Hill's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 2.9 M | |
| Dividends Paid | 17.7 M | |
| Cash And Short Term Investments | 47 M |
Diamond Hill Technical Analysis
Diamond Hill's future price can be derived by breaking down and analyzing its technical indicators over time. Diamond Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Diamond Hill Investment. In general, you should focus on analyzing Diamond Stock price patterns and their correlations with different microeconomic environments and drivers.
Diamond Hill Predictive Forecast Models
Diamond Hill's time-series forecasting models is one of many Diamond Hill'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 Diamond Hill'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 Diamond Hill Investment
Checking the ongoing alerts about Diamond Hill for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Diamond Hill Investment help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Diamond Hill generated a negative expected return over the last 90 days | |
| About 69.0% of the company shares are held by institutions such as insurance companies | |
| On 6th of December 2024 Diamond Hill paid $ 1.5 per share dividend to its current shareholders | |
| Latest headline from gurufocus.com: Insider Buying Richard Cooley Acquires Shares of Diamond Hill Investment Group Inc |
Check out Diamond Hill Backtesting, Diamond Hill Valuation, Diamond Hill Correlation, Diamond Hill Hype Analysis, Diamond Hill Volatility, Diamond Hill History as well as Diamond Hill Performance. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Asset Management & Custody Banks space 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 Diamond Hill. If investors know Diamond 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 Diamond Hill 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 1.431 | Dividend Share 6 | Earnings Share 17.61 | Revenue Per Share 52.138 | Quarterly Revenue Growth 0.097 |
The market value of Diamond Hill Investment is measured differently than its book value, which is the value of Diamond that is recorded on the company's balance sheet. Investors also form their own opinion of Diamond Hill's value that differs from its market value or its book value, called intrinsic value, which is Diamond Hill'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 Diamond Hill's market value can be influenced by many factors that don't directly affect Diamond Hill'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 Diamond Hill's value and its price as these two are different measures arrived at by different means. Investors typically determine if Diamond Hill is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Diamond Hill'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.