Dollar General Stock Forecast - Daily Balance Of Power

DG Stock  USD 76.40  2.51  3.40%   
Dollar Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Dollar General's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At this time, Dollar General's Fixed Asset Turnover is most likely to drop slightly in the upcoming years. The Dollar General's current Asset Turnover is estimated to increase to 2.09, while Inventory Turnover is projected to decrease to 3.37. . The Dollar General's current Common Stock Shares Outstanding is estimated to increase to about 240.6 M. The Dollar General's current Net Income Applicable To Common Shares is estimated to increase to about 2.9 B.
On December 12, 2024 Dollar General had Daily Balance Of Power of (0.74). Balance of Power indicator (or BOP) measures the strength of Dollar General market sensitivity to bulls and bears. It estimates the ability of Dollar General buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Dollar General Balance of Power indicator one can determine a trend of the price direction.
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Dollar General Trading Date Momentum

On December 13 2024 Dollar General was traded for  76.94  at the closing time. The highest price during the trading period was 78.67  and the lowest recorded bid was listed for  75.61 . The volume for the day was 3.8 M. This history from December 13, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 1.89% . The overall trading delta to the current price is 4.09% .
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Other Forecasting Options for Dollar General

For every potential investor in Dollar, whether a beginner or expert, Dollar General's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Dollar Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Dollar. Basic forecasting techniques help filter out the noise by identifying Dollar General's price trends.

Dollar General Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Dollar General stock to make a market-neutral strategy. Peer analysis of Dollar General could also be used in its relative valuation, which is a method of valuing Dollar General by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Dollar General Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Dollar General's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Dollar General's current price.

Dollar General Market Strength Events

Market strength indicators help investors to evaluate how Dollar General stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Dollar General shares will generate the highest return on investment. By undertsting and applying Dollar General stock market strength indicators, traders can identify Dollar General entry and exit signals to maximize returns.

Dollar General Risk Indicators

The analysis of Dollar General's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Dollar General's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting dollar stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

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Check out Historical Fundamental Analysis of Dollar General to cross-verify your projections.
For more detail on how to invest in Dollar Stock please use our How to Invest in Dollar General guide.
You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Is Consumer Staples Distribution & Retail 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 Dollar General. If investors know Dollar 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 Dollar General 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
(0.20)
Earnings Share
6.06
Revenue Per Share
180.613
Quarterly Revenue Growth
0.042
Return On Assets
0.0425
The market value of Dollar General is measured differently than its book value, which is the value of Dollar that is recorded on the company's balance sheet. Investors also form their own opinion of Dollar General's value that differs from its market value or its book value, called intrinsic value, which is Dollar General'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 Dollar General's market value can be influenced by many factors that don't directly affect Dollar General'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 Dollar General's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dollar General is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dollar General'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.