The Dixie Group Price on March 7, 2024
DXYNDelisted Stock | USD 0.79 0.28 54.90% |
If you're considering investing in Dixie OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Dixie stands at 0.79, as last reported on the 28th of December, with the highest price reaching 0.83 and the lowest price hitting 0.50 during the day. Dixie is out of control given 3 months investment horizon. Dixie Group secures Sharpe Ratio (or Efficiency) of 0.18, which denotes the company had a 0.18% return per unit of standard deviation over the last 3 months. We have analyzed and interpolated twenty-nine different technical indicators, which can help you to evaluate if expected returns of 4.83% are justified by taking the suggested risk. Use Dixie Semi Deviation of 6.28, risk adjusted performance of 0.0651, and Mean Deviation of 5.44 to evaluate company specific risk that cannot be diversified away.
Dixie OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Dixie |
Sharpe Ratio = 0.183
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Estimated Market Risk
26.39 actual daily | 96 96% of assets are less volatile |
Expected Return
4.83 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average Dixie is performing at about 14% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Dixie by adding it to a well-diversified portfolio.
Dixie Valuation on March 7, 2024
It is possible to determine the worth of Dixie on a given historical date. On March 7, 2024 Dixie was worth 0.53 at the beginning of the trading date compared to the closed value of 0.54. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Dixie otc stock. Still, in general, we apply an absolute valuation method to find Dixie's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Dixie where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Dixie's related companies.
Open | High | Low | Close | Volume | |
0.55 | 0.58 | 0.52 | 0.52 | 20,526 | |
03/07/2024 | 0.53 | 0.58 | 0.53 | 0.54 | 98,963 |
0.64 | 0.64 | 0.59 | 0.60 | 471,103 |
Backtest Dixie | | | Dixie History | | | Dixie Valuation | Previous | Next |
Dixie Trading Date Momentum on March 7, 2024
On March 08 2024 The Dixie Group was traded for 0.60 at the closing time. The top price for the day was 0.64 and the lowest listed price was 0.59 . The trading volume for the day was 471.1 K. The trading history from March 8, 2024 was a factor to the next trading day price boost. The overall trading delta against the next closing price was 11.11% . The trading price change against the current closing price is 11.11% . |
Dixie Group Fundamentals Correlations and Trends
By evaluating Dixie's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Dixie's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Dixie financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Dixie OTC Stock history
Dixie investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Dixie is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Dixie Group will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Dixie stock prices may prove useful in developing a viable investing in Dixie
The Dixie Group, Inc. manufactures, markets, and sells floorcovering products to residential customers in North America and internationally. The company was founded in 1920 and is based in Dalton, Georgia. Dixie operates under Textile Manufacturing classification in the United States and is traded on NASDAQ Exchange. It employs 1322 people.
Dixie OTC Stock Technical Analysis
Dixie technical otc stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, otc market cycles, or different charting patterns.
Price Boundaries
Dixie Period Price Range
Low | December 28, 2024
| High |
0.00 | 0.00 |
The Dixie Group cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQB Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Dixie December 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Dixie otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Dixie shares will generate the highest return on investment. By undertsting and applying Dixie otc stock market strength indicators, traders can identify The Dixie Group entry and exit signals to maximize returns
Dixie Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Dixie's price direction in advance. Along with the technical and fundamental analysis of Dixie OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Dixie to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.0651 | |||
Jensen Alpha | 0.6274 | |||
Total Risk Alpha | 0.3765 | |||
Sortino Ratio | 0.0877 | |||
Treynor Ratio | 4.48 |
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Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
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Volume Indicators |
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Other Consideration for investing in Dixie OTC Stock
If you are still planning to invest in Dixie Group check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Dixie's history and understand the potential risks before investing.
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