DHX Media Probability of Target Price Finishing Above 4.05

DHXM -- USA Stock  

USD 1.90  0.10  5.00%

DHX Media probability of target price tool provides mechanism to make assumptions about upside and downside potential of DHX Media Ltd performance during a given time horizon utilizing its historical volatility. Please specify DHX Media time horizon, a valid symbol (red box) and a target price (blue box) you would like DHX Media odds to be computed. Additionally see DHX Media Backtesting, DHX Media Valuation, DHX Media Correlation, DHX Media Hype Analysis, DHX Media Volatility, DHX Media History as well as DHX Media Performance.
 Time Horizon     30 Days    Login   to change
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DHX Media Target Price Odds to finish below 4.05

Current PriceHorizonTarget PriceOdds to stay under $ 4.05  after 30 days
 1.90 30 days 4.05  CLOSE TO 99%
Based on normal probability distribution, the odds of DHX Media to stay under $ 4.05  after 30 days from now is close to 99% (This DHX Media Ltd probability density function shows the probability of DHX Media Stock to fall within a particular range of prices over 30 days) . Probability of DHX Media Ltd price to stay between its current price of $ 1.90  and $ 4.05  at the end of the 30-day period is about 90.35%.
Given the investment horizon of 30 days, the stock has beta coefficient of 1.6359 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, DHX Media will likely underperform. Additionally DHX Media Ltd has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
 DHX Media Price Density 
 
      
Current Price   Target Price   
α
Alpha over DOW
=0.81
β
Beta against DOW=1.64
σ
Overall volatility
=0.13
Ir
Information ratio =0.2

DHX Media Alerts

DHX Media Alerts and Suggestions
DHX Media Ltd generates negative expected return over the last 30 days
DHX Media Ltd may become a speculative penny stock
DHX Media Ltd has high historical volatility and very poor performance
DHX Media Ltd has high likelihood to experience some financial distress in the next 2 years
DHX Media Ltd has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations
The company reported previous year revenue of 319.25 M. Net Loss for the year was (8.09 M) with profit before overhead, payroll, taxes, and interest of 152.28 M.
On May 24, 2018 DHX Media paid $ 0.02 per share dividend to its current shareholders
Latest headline from www.stocksnewspoint.com: Hair-Raising Facts to Know about Companys 50 days simple moving average DHX Media Ltd. NASDAQ ...
Additionally see DHX Media Backtesting, DHX Media Valuation, DHX Media Correlation, DHX Media Hype Analysis, DHX Media Volatility, DHX Media History as well as DHX Media Performance. Please also try Portfolio Reporting module to create custom reports across your portfolios and generate quick suggestion pitch.