Dte Energy Stock Probability of Future Stock Price Finishing Over 104.0

DTE Stock  USD 111.30  4.17  3.89%   
DTE Energy's implied volatility is one of the determining factors in the pricing options written on DTE Energy. Implied volatility approximates the future value of DTE Energy based on the option's current value. Options with high implied volatility have higher premiums and can be used to hedge the downside of investing in DTE Energy over a specific time period. For example, 2024-04-19 CALL at $110.0 is a CALL option contract on DTE Energy's common stock with a strick price of 110.0 expiring on 2024-04-19. The contract was last traded on 2024-03-27 at 14:26:39 for $2.25 and, as of today, has 22 days remaining before the expiration. The option is currently trading at a bid price of $2.7, and an ask price of $2.95. The implied volatility as of the 28th of March is 18.9. View All DTE options

Closest to current price DTE long CALL Option Payoff at Expiration

DTE Energy's future price is the expected price of DTE Energy instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of DTE Energy performance during a given time horizon utilizing its historical volatility. Check out DTE Energy Backtesting, DTE Energy Valuation, DTE Energy Correlation, DTE Energy Hype Analysis, DTE Energy Volatility, DTE Energy History as well as DTE Energy Performance.
For information on how to trade DTE Stock refer to our How to Trade DTE Stock guide.
  
At present, DTE Energy's Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting. The current year's Price Sales Ratio is expected to grow to 1.87, whereas Price Book Value Ratio is forecasted to decline to 1.10. Please specify DTE Energy's target price for which you would like DTE Energy odds to be computed.

DTE Energy Target Price Odds to finish over 104.0

The tendency of DTE Stock 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 PriceHorizonTarget PriceOdds to stay above $ 104.00  in 90 days
 111.30 90 days 104.00 
about 86.96
Based on a normal probability distribution, the odds of DTE Energy to stay above $ 104.00  in 90 days from now is about 86.96 (This DTE Energy probability density function shows the probability of DTE Stock to fall within a particular range of prices over 90 days) . Probability of DTE Energy price to stay between $ 104.00  and its current price of $111.3 at the end of the 90-day period is about 79.92 .
Considering the 90-day investment horizon the stock has the beta coefficient of 1.02 suggesting DTE Energy market returns are highly-sensitive to returns on the market. As the market goes up or down, DTE Energy is expected to follow. Additionally DTE Energy has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
   DTE Energy Price Density   
       Price  

Predictive Modules for DTE Energy

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as DTE Energy. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock 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 DTE Energy'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.
Hype
Prediction
LowEstimatedHigh
110.12111.26112.40
Details
Intrinsic
Valuation
LowRealHigh
100.17114.09115.23
Details
Naive
Forecast
LowNextHigh
108.18109.32110.46
Details
18 Analysts
Consensus
LowTargetHigh
107.38118.00130.98
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as DTE Energy. Your research has to be compared to or analyzed against DTE Energy's peers to derive any actionable benefits. When done correctly, DTE Energy's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in DTE Energy.

DTE Energy Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. DTE Energy is not an exception. The market had few large corrections towards the DTE Energy'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 DTE Energy, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of DTE Energy within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
-0.09
β
Beta against NYSE Composite1.02
σ
Overall volatility
2.81
Ir
Information ratio -0.08

DTE Energy Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of DTE Energy for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for DTE Energy can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
The company has 20.97 B in debt with debt to equity (D/E) ratio of 2.22, meaning that the company heavily relies on borrowing funds for operations. DTE Energy has a current ratio of 0.77, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist DTE Energy until it has trouble settling it off, either with new capital or with free cash flow. So, DTE Energy's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like DTE Energy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for DTE to invest in growth at high rates of return. When we think about DTE Energy's use of debt, we should always consider it together with cash and equity.
DTE Energy has a strong financial position based on the latest SEC filings
Over 77.0% of DTE Energy shares are held by institutions such as insurance companies
Latest headline from MacroaxisInsider: Disposition of 1564 shares by Gail McGovern of DTE Energy subject to Rule 16b-3

DTE Energy 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 DTE Stock often depends not only on the future outlook of the current and potential DTE Energy'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. DTE Energy's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding206 M
Cash And Short Term Investments26 M

DTE Energy Technical Analysis

DTE Energy's future price can be derived by breaking down and analyzing its technical indicators over time. DTE Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of DTE Energy. In general, you should focus on analyzing DTE Stock price patterns and their correlations with different microeconomic environments and drivers.

DTE Energy Predictive Forecast Models

DTE Energy's time-series forecasting models is one of many DTE Energy's stock 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 DTE Energy'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 stock market movement and maximize returns from investment trading.

Things to note about DTE Energy

Checking the ongoing alerts about DTE Energy for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for DTE Energy help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
The company has 20.97 B in debt with debt to equity (D/E) ratio of 2.22, meaning that the company heavily relies on borrowing funds for operations. DTE Energy has a current ratio of 0.77, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist DTE Energy until it has trouble settling it off, either with new capital or with free cash flow. So, DTE Energy's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like DTE Energy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for DTE to invest in growth at high rates of return. When we think about DTE Energy's use of debt, we should always consider it together with cash and equity.
DTE Energy has a strong financial position based on the latest SEC filings
Over 77.0% of DTE Energy shares are held by institutions such as insurance companies
Latest headline from MacroaxisInsider: Disposition of 1564 shares by Gail McGovern of DTE Energy subject to Rule 16b-3
When determining whether DTE Energy is a strong investment it is important to analyze DTE Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact DTE Energy's future performance. For an informed investment choice regarding DTE Stock, refer to the following important reports:
Check out DTE Energy Backtesting, DTE Energy Valuation, DTE Energy Correlation, DTE Energy Hype Analysis, DTE Energy Volatility, DTE Energy History as well as DTE Energy Performance.
For information on how to trade DTE Stock refer to our How to Trade DTE Stock guide.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

Complementary Tools for DTE Stock analysis

When running DTE Energy's price analysis, check to measure DTE Energy'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 DTE Energy is operating at the current time. Most of DTE Energy's value examination focuses on studying past and present price action to predict the probability of DTE Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DTE Energy's price. Additionally, you may evaluate how the addition of DTE Energy to your portfolios can decrease your overall portfolio volatility.
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Is DTE Energy'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 DTE Energy. If investors know DTE 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 DTE Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.539
Dividend Share
3.878
Earnings Share
6.76
Revenue Per Share
61.869
Quarterly Revenue Growth
(0.24)
The market value of DTE Energy is measured differently than its book value, which is the value of DTE that is recorded on the company's balance sheet. Investors also form their own opinion of DTE Energy's value that differs from its market value or its book value, called intrinsic value, which is DTE Energy'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 DTE Energy's market value can be influenced by many factors that don't directly affect DTE Energy'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 DTE Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if DTE Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DTE Energy'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.