Dunelm Group Plc Stock Probability of Future Pink Sheet Price Finishing Over 7.85
| DNLMY Stock | USD 13.89 0.00 0.00% |
Dunelm |
Dunelm Group Target Price Odds to finish over 7.85
The tendency of Dunelm Pink Sheet 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 Price | Horizon | Target Price | Odds to stay above $ 7.85 in 90 days |
| 13.89 | 90 days | 7.85 | close to 99 |
Based on a normal probability distribution, the odds of Dunelm Group to stay above $ 7.85 in 90 days from now is close to 99 (This Dunelm Group PLC probability density function shows the probability of Dunelm Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Dunelm Group PLC price to stay between $ 7.85 and its current price of $13.89 at the end of the 90-day period is about 38.6 .
Assuming the 90 days horizon Dunelm Group PLC has a beta of -0.36 suggesting as returns on the benchmark increase, returns on holding Dunelm Group are expected to decrease at a much lower rate. During a bear market, however, Dunelm Group PLC is likely to outperform the market. Additionally Dunelm Group PLC has an alpha of 0.0336, implying that it can generate a 0.0336 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Dunelm Group Price Density |
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Predictive Modules for Dunelm Group
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Dunelm Group PLC. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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, anticipate that the market will even out over time. This tendency of Dunelm Group'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.
Dunelm Group Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Dunelm Group is not an exception. The market had few large corrections towards the Dunelm Group'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 Dunelm Group PLC, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Dunelm Group within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.03 | |
β | Beta against NYSE Composite | -0.36 | |
σ | Overall volatility | 0.52 | |
Ir | Information ratio | -0.01 |
Dunelm Group 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 Dunelm Pink Sheet often depends not only on the future outlook of the current and potential Dunelm Group'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. Dunelm Group's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 201.7 M |
Dunelm Group Technical Analysis
Dunelm Group's future price can be derived by breaking down and analyzing its technical indicators over time. Dunelm Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Dunelm Group PLC. In general, you should focus on analyzing Dunelm Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Dunelm Group Predictive Forecast Models
Dunelm Group's time-series forecasting models is one of many Dunelm Group's pink sheet analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are 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. This non-stationary Dunelm Group'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 pink sheet market movement and maximize returns from investment trading.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Dunelm Group in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Dunelm Group's short interest history, or implied volatility extrapolated from Dunelm Group options trading.
Check out Dunelm Group Backtesting, Dunelm Group Valuation, Dunelm Group Correlation, Dunelm Group Hype Analysis, Dunelm Group Volatility, Dunelm Group History as well as Dunelm Group Performance. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Complementary Tools for Dunelm Pink Sheet analysis
When running Dunelm Group's price analysis, check to measure Dunelm Group'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 Dunelm Group is operating at the current time. Most of Dunelm Group's value examination focuses on studying past and present price action to predict the probability of Dunelm Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dunelm Group's price. Additionally, you may evaluate how the addition of Dunelm Group to your portfolios can decrease your overall portfolio volatility.
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| Technical Analysis Check basic technical indicators and analysis based on most latest market data |