Dorman Products Stock Price Prediction
| DORM Stock | USD 137.23 2.61 1.87% |
Oversold Vs Overbought
66
Oversold | Overbought |
Quarterly Earnings Growth 0.406 | EPS Estimate Next Quarter 1.65 | EPS Estimate Current Year 6.9 | EPS Estimate Next Year 7.5275 | Wall Street Target Price 138.5 |
Using Dorman Products hype-based prediction, you can estimate the value of Dorman Products from the perspective of Dorman Products response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in Dorman Products to buy its stock at a price that has no basis in reality. In that case, they are not buying Dorman because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
Dorman Products after-hype prediction price | USD 136.28 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Dorman |
Dorman Products After-Hype Price Prediction Density Analysis
As far as predicting the price of Dorman Products at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Dorman Products or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Dorman Products, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Dorman Products Estimiated After-Hype Price Volatility
In the context of predicting Dorman Products' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Dorman Products' historical news coverage. Dorman Products' after-hype downside and upside margins for the prediction period are 134.23 and 138.33, respectively. We have considered Dorman Products' daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Dorman Products is very steady at this time. Analysis and calculation of next after-hype price of Dorman Products is based on 3 months time horizon.
Dorman Products Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Dorman Products is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Dorman Products backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Dorman Products, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.27 | 2.05 | 0.95 | 0.01 | 10 Events / Month | 5 Events / Month | In about 10 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
137.23 | 136.28 | 0.69 |
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Dorman Products Hype Timeline
Dorman Products is currently traded for 137.23. The entity has historical hype elasticity of -0.95, and average elasticity to hype of competition of -0.01. Dorman is projected to decline in value after the next headline, with the price expected to drop to 136.28. The average volatility of media hype impact on the company price is about 58.4%. The price decrease on the next news is expected to be -0.69%, whereas the daily expected return is currently at 0.27%. The volatility of related hype on Dorman Products is about 5347.83%, with the expected price after the next announcement by competition of 137.22. About 16.0% of the company shares are held by company insiders. The book value of Dorman Products was currently reported as 40.46. The company has Price/Earnings To Growth (PEG) ratio of 1.37. Dorman Products recorded earning per share (EPS) of 5.97. The entity last dividend was issued on the 13th of December 2012. The firm had 2:1 split on the 18th of June 2012. Given the investment horizon of 90 days the next projected press release will be in about 10 days. Check out Dorman Products Basic Forecasting Models to cross-verify your projections.Dorman Products Related Hype Analysis
Having access to credible news sources related to Dorman Products' direct competition is more important than ever and may enhance your ability to predict Dorman Products' future price movements. Getting to know how Dorman Products' peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Dorman Products may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| F | Ford Motor | 0.04 | 8 per month | 2.10 | (0.05) | 2.53 | (2.79) | 11.21 | |
| GM | General Motors | (1.29) | 7 per month | 2.12 | 0.05 | 3.73 | (2.51) | 18.79 | |
| GT | Goodyear Tire Rubber | (0.09) | 10 per month | 2.50 | 0.11 | 4.66 | (4.07) | 21.26 | |
| LI | Li Auto | 0.57 | 11 per month | 3.99 | 0.05 | 7.97 | (7.07) | 25.86 | |
| TM | Toyota Motor | 0.66 | 7 per month | 1.45 | (0.05) | 2.69 | (2.40) | 7.42 | |
| ZK | ZEEKR Intelligent Technology | (0.12) | 10 per month | 5.51 | 0.14 | 13.39 | (8.32) | 48.52 |
Dorman Products Additional Predictive Modules
Most predictive techniques to examine Dorman price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Dorman using various technical indicators. When you analyze Dorman charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
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About Dorman Products Predictive Indicators
The successful prediction of Dorman Products stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Dorman Products, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Dorman Products based on analysis of Dorman Products hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Dorman Products's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Dorman Products's related companies. | 2023 | 2024 (projected) | Dividend Yield | 0.11 | 0.076 | Price To Sales Ratio | 1.36 | 1.06 |
Story Coverage note for Dorman Products
The number of cover stories for Dorman Products depends on current market conditions and Dorman Products' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Dorman Products is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Dorman Products' long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Dorman Products Short Properties
Dorman Products' future price predictability will typically decrease when Dorman Products' long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Dorman Products often depends not only on the future outlook of the potential Dorman Products' 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. Dorman Products' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 31.5 M | |
| Cash And Short Term Investments | 36.8 M |
Check out Dorman Products Basic Forecasting Models to cross-verify your projections. To learn how to invest in Dorman Stock, please use our How to Invest in Dorman Products guide.You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Is Automotive Parts & Equipment 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 Dorman Products. If investors know Dorman 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 Dorman Products 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 0.406 | Earnings Share 5.97 | Revenue Per Share 63.489 | Quarterly Revenue Growth 0.032 | Return On Assets 0.0926 |
The market value of Dorman Products is measured differently than its book value, which is the value of Dorman that is recorded on the company's balance sheet. Investors also form their own opinion of Dorman Products' value that differs from its market value or its book value, called intrinsic value, which is Dorman Products' 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 Dorman Products' market value can be influenced by many factors that don't directly affect Dorman Products' 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 Dorman Products' value and its price as these two are different measures arrived at by different means. Investors typically determine if Dorman Products is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dorman Products' 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.