Dover Downs Probability of Target Price Finishing Above 1.05

DDE -- USA Stock  

USD 2.02  0.01  0.49%

Dover Downs probability of target price tool provides mechanism to make assumptions about upside and downside potential of Dover Downs Gaming Entertainment performance during a given time horizon utilizing its historical volatility. Please specify Dover Downs time horizon, a valid symbol (red box) and a target price (blue box) you would like Dover Downs odds to be computed. Additionally see Dover Downs Backtesting, Dover Downs Valuation, Dover Downs Correlation, Dover Downs Hype Analysis, Dover Downs Volatility, Dover Downs History as well as Dover Downs Performance.
 Time Horizon     30 Days    Login   to change
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Dover Downs Target Price Odds to finish below 1.05

Current PriceHorizonTarget PriceOdds to drop to $ 1.05  or more in 30 days
 2.02 30 days 1.05  NEAR 1%
Based on normal probability distribution, the odds of Dover Downs to drop to $ 1.05  or more in 30 days from now is near 1% (This Dover Downs Gaming Entertainment probability density function shows the probability of Dover Downs Stock to fall within a particular range of prices over 30 days) . Probability of Dover Downs Gaming price to stay between $ 1.05  and its current price of $2.02 at the end of the 30-day period is about 90.25%.
Considering 30-days investment horizon, the stock has beta coefficient of 1.4615 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are expected to be negative, Dover Downs will likely underperform. Additionally Dover Downs Gaming Entertainment has an alpha of 0.6284 implying that it can potentially generate 0.6284% excess return over DOW after adjusting for the inherited market risk (beta).
 Dover Downs Price Density 
 
      
Current Price   Target Price   
α
Alpha over DOW
=0.63
β
Beta against DOW=1.46
σ
Overall volatility
=0.15
Ir
Information ratio =0.22

Dover Downs Alerts

Dover Downs Alerts and Suggestions
Dover Downs Gaming appears to be very risky and stock price may revert if volatility continues
The company has 19.5 M in debt with debt to equity (D/E) ratio of 17.0 . This implies that the company may be unable to create cash to meet all of its financial commitments. Dover Downs Gaming Entertainment has Current Ratio of 0.59 suggesting that it has not enough short term capital to pay financial commitments when the payables are due.
This company reported last year revenue of 176.07 M. Reported Net Loss for the year was (1.15 M) with profit before taxes, overhead, and interest of 13.57 M.
Latest headline from thewellesleysnews.com: Equity Research Analysts Stock Ratings Dover Downs Gaming Entertainment, Inc. , WideOpenWest, Inc.
Additionally see Dover Downs Backtesting, Dover Downs Valuation, Dover Downs Correlation, Dover Downs Hype Analysis, Dover Downs Volatility, Dover Downs History as well as Dover Downs Performance. Please also try Content Syndication module to quickly integrate customizable finance content to your own investment portal.
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