Diamond Stock Price on August 8, 2022 Breakdown

DHIL
 Stock
  

USD 163.40  0.99  0.60%   

As of today, the current price of Diamond Hill is  163.40 , as last reported on the 30th of September, with the highest price reaching  168.00  and the lowest price hitting  163.07  during the day.
Diamond Hill Inv secures Sharpe Ratio (or Efficiency) of -0.0536, which denotes the company had -0.0536% of return per unit of standard deviation over the last 3 months. Macroaxis philosophy in predicting the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Diamond Hill Inv exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Diamond Hill Inv mean deviation of 1.34 to check the risk estimate we provide.
  

Diamond Hill Valuation on August 8, 2022

It is possible to determine the worth of Diamond Hill on a given historical date. On August 8, 2022 Diamond was worth 177.03 at the beginning of the trading date compared to the closed value of 177.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Diamond Hill stock. Still, in general, we apply an absolute valuation method to find Diamond Hill'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 Visa where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Diamond Hill's related companies.
 Open High Low Close Volume
  175.08    177.50    175.08    176.74    9,600  
08/08/2022
  177.03    178.50    175.00    177.00    12,100  
  175.00    179.10    174.75    179.10    7,500  
Backtest Diamond Hill  |  Diamond Hill History  |  Diamond Hill Valuation   PreviousNext  
Open Value 177.03
171.48
Downside
177.0
Closing Value
182.58
Upside

Diamond Hill Trading Date Momentum on August 8, 2022

On August 09 2022 Diamond Hill Inv was traded for  179.10  at the closing time. The top price for the day was 179.10  and the lowest listed price was  174.75 . The trading volume for the day was 7.5 K. The trading history from August 9, 2022 was a factor to the next trading day price surge. The overall trading delta against the next closing price was 1.19% . The overall trading delta against the current closing price is 1.04% .

Diamond Hill Inv Fundamentals Correlations and Trends

By evaluating Diamond Hill'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 Diamond Hill's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Diamond financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Diamond Hill Stock history

Diamond Hill 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 Diamond is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Diamond Hill Inv 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 Diamond Hill historical stock prices may prove useful in developing a viable investing in Diamond Hill
Diamond Hill Investment Group, Inc., through its subsidiary, Diamond Hill Capital Management, Inc., provides investment advisory and fund administration services in the United States. The company was founded in 1990 and is based in Columbus, Ohio. Diamond Hill operates under Asset Management classification in the United States and is traded on NASDAQ Exchange. It employs 128 people.

Diamond Hill Stock Technical Analysis

Diamond Hill technical 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, stock market cycles, or different charting patterns.
A focus of Diamond Hill technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Diamond Hill trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Diamond Hill Period Price Range

Low
August 8, 2022
High

 177.03 

  

 177.00 

-0.03-0.02%

Diamond Hill September 30, 2022 Market Strength

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

Diamond Hill Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Diamond stock's direction in advance. Along with the technical and fundamental analysis of Diamond Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Diamond 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 stock 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.
Continue to Investing Opportunities. You can also try Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

Complementary Tools for analysis

When running Diamond Hill Inv 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.
Watchlist Optimization
Optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm
Go
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Go
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Go
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Go
Fundamental Analysis
View fundamental data based on most recent published financial statements
Go
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Go
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Go
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Go
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.
The market value of Diamond Hill Inv 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.