Dime Community Stock Forecast - Daily Balance Of Power
| DCOM Stock | USD 17.83 0.10 0.56% |
Dime Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Dime Community stock prices and determine the direction of Dime Community Bancshares's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Dime Community's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Dime Community's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Dime Community's systematic risk associated with finding meaningful patterns of Dime Community fundamentals over time.
Check out Historical Fundamental Analysis of Dime Community to cross-verify your projections. Dime |
Open Interest Against 2024-04-19 Dime Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Dime Community's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Dime Community's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Dime Community stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Dime Community's open interest, investors have to compare it to Dime Community's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Dime Community is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Dime. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in Dime Community cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Dime Community's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Dime Community's price structures and extracts relationships that further increase the generated results' accuracy.
Balance of Power indicator (or BOP) measures the strength of Dime Community Bancshares market sensitivity to bulls and bears. It estimates the ability of Dime Community buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Dime Community Balance of Power indicator one can determine a trend of the price direction.| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| 0.5897 | 0.2564 |
| Check Dime Community Volatility | Backtest Dime Community | Information Ratio |
Dime Community Trading Date Momentum
| On April 19 2024 Dime Community Bancshares was traded for 17.83 at the closing time. The top price for the day was 17.99 and the lowest listed price was 17.60 . There was no trading activity during the period 0.0. Lack of trading volume on April 19, 2024 did not affect price variability. The overall trading delta against the current closing price is 1.29% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
| Compare Dime Community to competition |
Other Forecasting Options for Dime Community
For every potential investor in Dime, whether a beginner or expert, Dime Community's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Dime Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Dime. Basic forecasting techniques help filter out the noise by identifying Dime Community's price trends.Dime Community Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Dime Community stock to make a market-neutral strategy. Peer analysis of Dime Community could also be used in its relative valuation, which is a method of valuing Dime Community by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Dime Community Bancshares Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Dime Community's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Dime Community's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Dime Community Market Strength Events
Market strength indicators help investors to evaluate how Dime Community stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Dime Community shares will generate the highest return on investment. By undertsting and applying Dime Community stock market strength indicators, traders can identify Dime Community Bancshares entry and exit signals to maximize returns.
Dime Community Risk Indicators
The analysis of Dime Community's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Dime Community's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting dime stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 2.14 | |||
| Standard Deviation | 3.02 | |||
| Variance | 9.14 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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 Dime Community 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, Dime Community's short interest history, or implied volatility extrapolated from Dime Community options trading.
Pair Trading with Dime Community
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Dime Community position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Dime Community will appreciate offsetting losses from the drop in the long position's value.Moving together with Dime Stock
| 0.7 | AX | Axos Financial Financial Report 25th of April 2024 | PairCorr |
| 0.9 | BY | Byline Bancorp Earnings Call This Week | PairCorr |
| 0.65 | PB | Prosperity Bancshares Earnings Call This Week | PairCorr |
Moving against Dime Stock
| 0.83 | KB | KB Financial Group Earnings Call This Week | PairCorr |
| 0.78 | WF | Woori Financial Group Financial Report 21st of May 2024 | PairCorr |
| 0.67 | TFC-PI | Truist Financial | PairCorr |
| 0.64 | TECTP | Tectonic Financial | PairCorr |
| 0.64 | CFG-PD | Citizens Financial | PairCorr |
The ability to find closely correlated positions to Dime Community could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dime Community when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Dime Community - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Dime Community Bancshares to buy it.
The correlation of Dime Community is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Dime Community moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dime Community Bancshares moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Dime Community can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Historical Fundamental Analysis of Dime Community to cross-verify your projections. 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 Dime Stock analysis
When running Dime Community's price analysis, check to measure Dime Community'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 Dime Community is operating at the current time. Most of Dime Community's value examination focuses on studying past and present price action to predict the probability of Dime Community's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dime Community's price. Additionally, you may evaluate how the addition of Dime Community to your portfolios can decrease your overall portfolio volatility.
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Is Dime Community'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 Dime Community. If investors know Dime 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 Dime Community 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 (0.63) | Dividend Share 0.99 | Earnings Share 2.29 | Revenue Per Share 9.165 | Quarterly Revenue Growth (0.25) |
The market value of Dime Community Bancshares is measured differently than its book value, which is the value of Dime that is recorded on the company's balance sheet. Investors also form their own opinion of Dime Community's value that differs from its market value or its book value, called intrinsic value, which is Dime Community'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 Dime Community's market value can be influenced by many factors that don't directly affect Dime Community'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 Dime Community's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dime Community is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dime Community'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.