Dorian Lpg Stock Statistic Functions Linear Regression

LPG Stock  USD 24.38  0.23  0.93%   
Dorian LPG statistic functions tool provides the execution environment for running the Linear Regression function and other technical functions against Dorian LPG. Dorian LPG value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Linear Regression function function is designed to identify and follow existing trends. Dorian LPG statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

Execute Function
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Linear Regression model generates relationship between price series of Dorian LPG and its peer or benchmark and helps predict Dorian LPG future price from its past values.

Dorian LPG Technical Analysis Modules

Most technical analysis of Dorian LPG help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Dorian from various momentum indicators to cycle indicators. When you analyze Dorian 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.

About Dorian LPG Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Dorian LPG. We use our internally-developed statistical techniques to arrive at the intrinsic value of Dorian LPG based on widely used predictive technical indicators. In general, we focus on analyzing Dorian Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Dorian LPG's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Dorian LPG's intrinsic value. In addition to deriving basic predictive indicators for Dorian LPG, we also check how macroeconomic factors affect Dorian LPG price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2022 2023 2024 (projected)
Dividend Yield0.280.09860.19
Price To Sales Ratio2.052.942.79
Hype
Prediction
LowEstimatedHigh
22.3124.4026.49
Details
Intrinsic
Valuation
LowRealHigh
22.9425.0327.12
Details
4 Analysts
Consensus
LowTargetHigh
24.9227.3830.39
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.650.700.78
Details

Learn to be your own money manager

As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.

Did you try this?

Run Commodity Directory Now

   

Commodity Directory

Find actively traded commodities issued by global exchanges
All  Next Launch Module

Dorian LPG pair trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Dorian LPG position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Dorian LPG will appreciate offsetting losses from the drop in the long position's value.

Dorian LPG Pair Trading

Dorian LPG Pair Trading Analysis

The ability to find closely correlated positions to Dorian LPG could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dorian LPG when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Dorian LPG - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Dorian LPG to buy it.
The correlation of Dorian LPG is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Dorian LPG moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dorian LPG moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Dorian LPG can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Dorian LPG is a strong investment it is important to analyze Dorian LPG's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Dorian LPG's future performance. For an informed investment choice regarding Dorian Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Dorian LPG. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
For more detail on how to invest in Dorian Stock please use our How to Invest in Dorian LPG guide.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Is Oil & Gas Storage & Transportation 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 Dorian LPG. If investors know Dorian 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 Dorian LPG 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
(0.88)
Dividend Share
4
Earnings Share
5.81
Revenue Per Share
12.159
Quarterly Revenue Growth
(0.43)
The market value of Dorian LPG is measured differently than its book value, which is the value of Dorian that is recorded on the company's balance sheet. Investors also form their own opinion of Dorian LPG's value that differs from its market value or its book value, called intrinsic value, which is Dorian LPG'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 Dorian LPG's market value can be influenced by many factors that don't directly affect Dorian LPG'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 Dorian LPG's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dorian LPG is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dorian LPG'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.