Daily Journal Corp Stock Technical Analysis

DJCO Stock  USD 377.90  3.40  0.91%   
As of the 13th of May 2024, Daily Journal shows the Mean Deviation of 1.96, downside deviation of 2.9, and Coefficient Of Variation of 909.83. Daily Journal Corp technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to break down nineteen technical drivers for Daily Journal Corp, which can be compared to its peers. Please confirm Daily Journal Corp variance, as well as the relationship between the maximum drawdown and semi variance to decide if Daily Journal Corp is priced favorably, providing market reflects its regular price of 377.9 per share. Given that Daily Journal has jensen alpha of 0.1015, we urge you to verify Daily Journal Corp's prevailing market performance to make sure the company can sustain itself at a future point.

Daily Journal Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Daily, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Daily
  
Daily Journal's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Daily Journal technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Daily Journal technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Daily Journal trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Daily Journal Corp Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Daily Journal Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Daily Journal Corp Trend Analysis

Use this graph to draw trend lines for Daily Journal Corp. You can use it to identify possible trend reversals for Daily Journal as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Daily Journal price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Daily Journal Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Daily Journal Corp applied against its price change over selected period. The best fit line has a slop of   0.22  , which means Daily Journal Corp will continue generating value for investors. It has 122 observation points and a regression sum of squares at 1902.18, which is the sum of squared deviations for the predicted Daily Journal price change compared to its average price change.

About Daily Journal Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Daily Journal Corp on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Daily Journal Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Daily Journal Corp price pattern first instead of the macroeconomic environment surrounding Daily Journal Corp. By analyzing Daily Journal's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Daily Journal's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Daily Journal specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Days Sales Outstanding121.31100.7490.6653.04
PTB Ratio1.982.022.322.21

Daily Journal May 13, 2024 Technical Indicators

Most technical analysis of Daily help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Daily from various momentum indicators to cycle indicators. When you analyze Daily charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
When determining whether Daily Journal Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Daily Journal's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Daily Journal Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Daily Journal Corp Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Daily Journal Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
Note that the Daily Journal Corp information on this page should be used as a complementary analysis to other Daily Journal's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the CEOs Directory module to screen CEOs from public companies around the world.

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When running Daily Journal's price analysis, check to measure Daily Journal'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 Daily Journal is operating at the current time. Most of Daily Journal's value examination focuses on studying past and present price action to predict the probability of Daily Journal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Daily Journal's price. Additionally, you may evaluate how the addition of Daily Journal to your portfolios can decrease your overall portfolio volatility.
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Is Daily Journal'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 Daily Journal. If investors know Daily 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 Daily Journal 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
(0.29)
Earnings Share
11.79
Revenue Per Share
51.852
Quarterly Revenue Growth
0.3
Return On Assets
0.0179
The market value of Daily Journal Corp is measured differently than its book value, which is the value of Daily that is recorded on the company's balance sheet. Investors also form their own opinion of Daily Journal's value that differs from its market value or its book value, called intrinsic value, which is Daily Journal'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 Daily Journal's market value can be influenced by many factors that don't directly affect Daily Journal'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 Daily Journal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Daily Journal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Daily Journal'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.