Diamond Stock Probability of Future Stock Price Finishing Under 170.05

DHIL
 Stock
  

USD 179.09  0.90  0.50%   

Diamond Hill's future price is the expected price of Diamond Hill instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Diamond Hill Investment performance during a given time horizon utilizing its historical volatility. Price to Book Value is expected to hike to 4.18 this year. Price to Earnings Ratio is expected to hike to 9.95 this year.
  
Continue to Diamond Hill Backtesting, Diamond Hill Valuation, Diamond Hill Correlation, Diamond Hill Hype Analysis, Diamond Hill Volatility, Diamond Hill History as well as Diamond Hill Performance. Please specify Diamond Hill time horizon, a valid symbol (red box) and a target price (blue box) you would like Diamond Hill odds to be computed.

Diamond Hill Target Price Odds to finish below 170.05

The tendency of Diamond 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 PriceHorizonTarget PriceOdds to drop to $ 170.05  or more in 90 days
 179.09 90 days 170.05 
about 48.02
Based on a normal probability distribution, the odds of Diamond Hill to drop to $ 170.05  or more in 90 days from now is about 48.02 (This Diamond Hill Investment probability density function shows the probability of Diamond Stock to fall within a particular range of prices over 90 days) . Probability of Diamond Hill Investment price to stay between $ 170.05  and its current price of $179.09 at the end of the 90-day period is about 38.24 .
Given the investment horizon of 90 days Diamond Hill has a beta of 0.68 suggesting as returns on the market go up, Diamond Hill average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Diamond Hill Investment will be expected to be much smaller as well. Additionally The company has an alpha of 0.055, implying that it can generate a 0.055 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
   Diamond Hill Price Density   
       Price  

Predictive Modules for Diamond Hill

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Diamond Hill Investment. Regardless of method or technology, however, to accurately forecast the stock or bond 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.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Diamond Hill's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Diamond Hill in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
175.56177.60179.64
Details
Intrinsic
Valuation
LowReal ValueHigh
161.72163.76195.80
Details
Naive
Forecast
LowNext ValueHigh
175.82177.86179.90
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
168.67177.81186.95
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Diamond Hill. Your research has to be compared to or analyzed against Diamond Hill's peers to derive any actionable benefits. When done correctly, Diamond Hill's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Diamond Hill Investment.

Diamond Hill Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Diamond Hill is not an exception. The market had few large corrections towards the Diamond Hill'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 Diamond Hill Investment, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Diamond Hill within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
0.05
β
Beta against NYSE Composite0.68
σ
Overall volatility
7.88
Ir
Information ratio 0.0167

Diamond Hill 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 Diamond Hill for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Diamond Hill Investment can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
About 66.0% of the company shares are held by institutions such as insurance companies
Latest headline from news.google.com: Diamond Hill Investment Group, Inc. Looks Like A Good Stock, And Its Going Ex-Dividend Soon - Yahoo Finance UK

Diamond Hill 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 Diamond Stock often depends not only on the future outlook of the current and potential Diamond Hill'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. Diamond Hill's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding3179497.00
Cash And Short Term Investments80550393.00

Diamond Hill Technical Analysis

Diamond Hill's future price can be derived by breaking down and analyzing its technical indicators over time. Diamond Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Diamond Hill Investment. In general, you should focus on analyzing Diamond Stock price patterns and their correlations with different microeconomic environments and drivers.

Diamond Hill Predictive Forecast Models

Diamond Hill time-series forecasting models is one of many Diamond Hill's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae 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. These non-stationary Diamond Hill'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 Diamond Hill Investment

Checking the ongoing alerts about Diamond Hill for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Diamond Hill Investment help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
About 66.0% of the company shares are held by institutions such as insurance companies
Latest headline from news.google.com: Diamond Hill Investment Group, Inc. Looks Like A Good Stock, And Its Going Ex-Dividend Soon - Yahoo Finance UK
Continue to Diamond Hill Backtesting, Diamond Hill Valuation, Diamond Hill Correlation, Diamond Hill Hype Analysis, Diamond Hill Volatility, Diamond Hill History as well as Diamond Hill Performance. You can also try Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

Complementary Tools for analysis

When running Diamond Hill Investment price analysis, check to measure Diamond Hill'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 Diamond Hill is operating at the current time. Most of Diamond Hill's value examination focuses on studying past and present price action to predict the probability of Diamond Hill's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Diamond Hill's price. Additionally, you may evaluate how the addition of Diamond Hill to your portfolios can decrease your overall portfolio volatility.
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Is Diamond Hill's industry 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 Diamond Hill. If investors know Diamond 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 Diamond Hill 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 YOY
(0.51) 
Market Capitalization
534.9 M
Quarterly Revenue Growth YOY
(0.30) 
Return On Assets
0.1606
Return On Equity
0.184
The market value of Diamond Hill Investment is measured differently than its book value, which is the value of Diamond that is recorded on the company's balance sheet. Investors also form their own opinion of Diamond Hill's value that differs from its market value or its book value, called intrinsic value, which is Diamond Hill'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 Diamond Hill's market value can be influenced by many factors that don't directly affect Diamond Hill'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 Diamond Hill's value and its price as these two are different measures arrived at by different means. Investors typically determine Diamond Hill value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Diamond Hill'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.