Damico International Shipping Stock Probability of Future OTC Stock Price Finishing Under 4.34
| DMCOF Stock | USD 4.07 0.02 0.49% |
DAmico |
DAmico International Target Price Odds to finish below 4.34
The tendency of DAmico OTC 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 stay under $ 4.34 after 90 days |
| 4.07 | 90 days | 4.34 | about 16.38 |
Based on a normal probability distribution, the odds of DAmico International to stay under $ 4.34 after 90 days from now is about 16.38 (This dAmico International Shipping probability density function shows the probability of DAmico OTC Stock to fall within a particular range of prices over 90 days) . Probability of dAmico International price to stay between its current price of $ 4.07 and $ 4.34 at the end of the 90-day period is about 6.66 .
Assuming the 90 days horizon dAmico International Shipping has a beta of -0.35 suggesting as returns on the benchmark increase, returns on holding DAmico International are expected to decrease at a much lower rate. During a bear market, however, dAmico International Shipping is likely to outperform the market. Additionally DAmico International Shipping 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. DAmico International Price Density |
| Price |
Predictive Modules for DAmico International
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as dAmico International. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc 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.DAmico International Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. DAmico International is not an exception. The market had few large corrections towards the DAmico International'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 dAmico International Shipping, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of DAmico International within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.62 | |
β | Beta against Dow Jones | -0.35 | |
σ | Overall volatility | 0.85 | |
Ir | Information ratio | -0.29 |
DAmico International 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 DAmico International for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for dAmico International can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| dAmico International generated a negative expected return over the last 90 days | |
| dAmico International has high likelihood to experience some financial distress in the next 2 years | |
| dAmico International Shipping has accumulated 226.77 M in total debt with debt to equity ratio (D/E) of 1.5, which is about average as compared to similar companies. dAmico International has a current ratio of 0.65, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist DAmico International until it has trouble settling it off, either with new capital or with free cash flow. So, DAmico International's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like dAmico International sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for DAmico to invest in growth at high rates of return. When we think about DAmico International's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 247.34 M. Net Loss for the year was (37.26 M) with profit before overhead, payroll, taxes, and interest of 79.58 M. | |
| About 66.0% of DAmico International shares are held by company insiders |
DAmico International 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 DAmico OTC Stock often depends not only on the future outlook of the current and potential DAmico International'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. DAmico International's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.2 B |
DAmico International Technical Analysis
DAmico International's future price can be derived by breaking down and analyzing its technical indicators over time. DAmico OTC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of dAmico International Shipping. In general, you should focus on analyzing DAmico OTC Stock price patterns and their correlations with different microeconomic environments and drivers.
DAmico International Predictive Forecast Models
DAmico International's time-series forecasting models is one of many DAmico International's otc 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 DAmico International'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 otc stock market movement and maximize returns from investment trading.
Things to note about dAmico International
Checking the ongoing alerts about DAmico International for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for dAmico International help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| dAmico International generated a negative expected return over the last 90 days | |
| dAmico International has high likelihood to experience some financial distress in the next 2 years | |
| dAmico International Shipping has accumulated 226.77 M in total debt with debt to equity ratio (D/E) of 1.5, which is about average as compared to similar companies. dAmico International has a current ratio of 0.65, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist DAmico International until it has trouble settling it off, either with new capital or with free cash flow. So, DAmico International's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like dAmico International sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for DAmico to invest in growth at high rates of return. When we think about DAmico International's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 247.34 M. Net Loss for the year was (37.26 M) with profit before overhead, payroll, taxes, and interest of 79.58 M. | |
| About 66.0% of DAmico International shares are held by company insiders |
Other Information on Investing in DAmico OTC Stock
DAmico International financial ratios help investors to determine whether DAmico OTC 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 DAmico with respect to the benefits of owning DAmico International security.