Dug Technology Ltd (Australia) Probability of Future Stock Price Finishing Over 1.6032
| DUG Stock | 1.14 0.08 7.55% |
Dug |
Dug Technology Ltd Target Price Odds to finish over 1.6032
The tendency of Dug 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 1.60 or more in 90 days |
| 1.14 | 90 days | 1.60 | near 1 |
Based on a normal probability distribution, the odds of Dug Technology Ltd to move over 1.60 or more in 90 days from now is near 1 (This Dug Technology probability density function shows the probability of Dug Stock to fall within a particular range of prices over 90 days) . Probability of Dug Technology Ltd price to stay between its current price of 1.14 and 1.60 at the end of the 90-day period is about 88.0 .
Assuming the 90 days trading horizon Dug Technology Ltd has a beta of 0.58 suggesting as returns on the market go up, Dug Technology Ltd average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Dug Technology will be expected to be much smaller as well. Additionally Dug Technology 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. Dug Technology Ltd Price Density |
| Price |
Predictive Modules for Dug Technology Ltd
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Dug Technology Ltd. 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.Dug Technology Ltd Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Dug Technology Ltd is not an exception. The market had few large corrections towards the Dug Technology Ltd'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 Dug Technology, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Dug Technology Ltd within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.3 | |
β | Beta against Dow Jones | 0.58 | |
σ | Overall volatility | 0.11 | |
Ir | Information ratio | -0.07 |
Dug Technology Ltd 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 Dug Technology Ltd for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Dug Technology Ltd can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Dug Technology Ltd generated a negative expected return over the last 90 days | |
| Dug Technology Ltd may become a speculative penny stock | |
| Dug Technology Ltd has high historical volatility and very poor performance | |
| About 22.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: DUG Technology Is Experiencing Growth In Returns On Capital - Yahoo Finance |
Dug Technology Ltd 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 Dug Stock often depends not only on the future outlook of the current and potential Dug Technology Ltd'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. Dug Technology Ltd's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 121.9 M | |
| Cash And Short Term Investments | 9.4 M |
Dug Technology Ltd Technical Analysis
Dug Technology Ltd's future price can be derived by breaking down and analyzing its technical indicators over time. Dug Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Dug Technology. In general, you should focus on analyzing Dug Stock price patterns and their correlations with different microeconomic environments and drivers.
Dug Technology Ltd Predictive Forecast Models
Dug Technology Ltd's time-series forecasting models is one of many Dug Technology Ltd'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 Dug Technology Ltd'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 Dug Technology Ltd
Checking the ongoing alerts about Dug Technology Ltd for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Dug Technology Ltd help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Dug Technology Ltd generated a negative expected return over the last 90 days | |
| Dug Technology Ltd may become a speculative penny stock | |
| Dug Technology Ltd has high historical volatility and very poor performance | |
| About 22.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: DUG Technology Is Experiencing Growth In Returns On Capital - Yahoo Finance |
Additional Tools for Dug Stock Analysis
When running Dug Technology Ltd's price analysis, check to measure Dug Technology Ltd's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Dug Technology Ltd is operating at the current time. Most of Dug Technology Ltd's value examination focuses on studying past and present price action to predict the probability of Dug Technology Ltd's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dug Technology Ltd's price. Additionally, you may evaluate how the addition of Dug Technology Ltd to your portfolios can decrease your overall portfolio volatility.