Diamond Hill Probability of Target Price Finishing Above 211.91

DHIL -- USA Stock  

USD 165.93  4.07  2.39%

Diamond Hill probability of target price tool provides mechanism to make assumptions about upside and downside potential of Diamond Hill Investment Group performance during a given time horizon utilizing its historical volatility. 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. Additionally see 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.
Horizon     30 Days    Login   to change
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Diamond Hill Target Price Odds to finish below 211.91

Current PriceHorizonTarget PriceOdds to stay under $ 211.91  after 30 days
 165.93 30 days 211.91  CLOSE TO 99%
Based on normal probability distribution, the odds of Diamond Hill to stay under $ 211.91  after 30 days from now is close to 99% (This Diamond Hill Investment Group probability density function shows the probability of Diamond Hill Stock to fall within a particular range of prices over 30 days) . Probability of Diamond Hill Investment price to stay between its current price of $ 165.93  and $ 211.91  at the end of the 30-day period is about 98.0%.
Given the investment horizon of 30 days, Diamond Hill has beta of 0.2556 suggesting as returns on market go up, Diamond Hill average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Diamond Hill Investment Group will be expected to be much smaller as well. Additionally Diamond Hill Investment Group has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
 Diamond Hill Price Density 
 
      
Current Price   Target Price   
α
Alpha over DOW
=0.45
β
Beta against DOW=0.26
σ
Overall volatility
=7.07
Ir
Information ratio =0.66

Diamond Hill Alerts

Diamond Hill Alerts and Suggestions

Diamond Hill generates negative expected return over the last 30 days
Diamond Hill has high likelihood to experience some financial distress in the next 2 years
About 62.0% of the company shares are held by institutions such as insurance companies
Latest headline from www.fairfieldcurrent.com: Russell Investments Group Ltd. Has 42.06 Million Stake in Goodyear Tire Rubber Co
Additionally see 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 also try Coins and Tokens Correlation module to utilize digital token correlation table to build portfolio of cryptocurrencies across multiple exchanges.
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