Destination Stock Future Price Prediction

DXLG -  USA Stock  

USD 6.13  0.22  3.72%

Destination XL Group stock price prediction is an act of determining the future value of Destination shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of Destination's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Destination and does not consider all of the tangible or intangible factors available from Destination's fundamental data. We analyze noise-free headlines and recent hype associated with Destination XL Group, which may create opportunities for some arbitrage if properly timed.
Continue to Destination Basic Forecasting Models to cross-verify your projections.

Destination Price Prediction 

 
Refresh
It is a matter of debate whether stock price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of Destination based on different types of headlines from major news networks to social media. The Destination stock price prediction module provides an analysis of price elasticity to changes in media outlook on Destination over a specific investment horizon. Using Destination hype-based prediction, you can estimate the value of Destination XL Group from the perspective of Destination response to recently generated media hype and the effects of current headlines on its competitors.
The current year Interest Coverage is expected to grow to 12.34
This module is based on analyzing investor sentiment around taking a position in Destination. This speculative approach is based exclusively on the idea that markets are driven by emotions such as investor fear and greed. The fear of missing out, i.e., FOMO, can cause potential investors in Destination to buy its stock at a price that has no basis in reality. In that case, they are not buying Destination because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Destination after-hype prediction price

    
  $ 5.82  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Destination'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. Please use the tools below to analyze the current value of Destination in the context of predictive analytics.
Intrinsic
Valuation
LowReal ValueHigh
2.916.9911.07
Details
Naive
Forecast
LowNext ValueHigh
2.416.4910.57
Details
2 Analysts
Consensus
LowTarget PriceHigh
7.509.2511.00
Details
Earnings
Estimates (1)
LowProjected EPSHigh
0.640.700.76
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Destination. Your research has to be compared to or analyzed against Destination's peers to derive any actionable benefits. When done correctly, Destination's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Destination XL Group.

Destination After-Hype Price Prediction Density Analysis

As far as predicting the price of Destination at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Destination or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many smart people who confused the symmetrical distributions of stock prices, such as prices of Destination, with the unreliable approximations that try to describe financial returns.
 Next price density 
      Expected price to next headline 

Destination Estimiated After-Hype Price Volatility

In the context of predicting Destination's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Destination's historical news coverage. Destination's after-hype downside and upside margins for the prediction period are 1.74 and 9.90, respectively. We have considered Destination's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
6.13
17th of October 2021
5.82
After-hype Price
9.90
Upside
Destination is slightly risky asset. Analysis and calculation of next after-hype price of Destination XL Group is based on 3 months time horizon.

Destination Stock Price Prediction Analysis

Have you ever been surprised when a price of a company such as Destination is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Destination backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Destination, there might be something going there, and it might present an excellent short sale opportunity.
Daily Expected returnPeriod VolatilityHype elasticityRelated hype elasticityAverage news densityRelated news densityNext Expected Hype
 0.95  4.05  0.09   1.25  4 Events / Month1 Events / MonthIn about 4 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
6.135.821.52 
4,500  

Destination Hype Timeline

Destination XL Group is currently traded for 6.13. The entity has historical hype elasticity of -0.09 and average elasticity to hype of competition of 1.25. Destination is expected to decline in value after the next headline with price expected to drop to 5.82. The average volatility ofmedia hypeimpact on the company stock price is over 100%. The price decrease on the next newsis expected to be -1.52% whereas the daily expected return is currently at 0.95%. The volatility of related hype on Destination is about 307.98% with expected price after next announcement by competition of 7.38. About 14.0% of the company shares are held by company insiders. The company has Price/Earnings To Growth (PEG) ratio of 0.6. Destination XL Group recorded a loss per share of 0.26. The entity had not issued any dividends in recent years. The firm had 3:2 split on the 23rd of June 1993. Given the investment horizon of 90 days the next expectedpress releasewill be in about 4 days.
Continue to Destination Basic Forecasting Models to cross-verify your projections.

Destination Related Hype Analysis

Having access to credible news sources related to Destination's direct competition is more important than ever and may enhance your ability to predict Destination's future price movements. Getting to know how Destination rivals react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Destination may potentially react to the hype associated with one of its peers.

Destination Additional Predictive Modules

Most predictive techniques to examine Destination price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Destination using various technical indicators. When you analyze Destination charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Destination Predictive Indicators

The successful prediction of Destination stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Destination XL Group, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Destination based on analysis of Destination hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Destination's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Destination's related companies.
 2020 2021 (projected)
Long Term Debt to Equity0.290.31
Interest Coverage8.6412.34

Story Coverage note for Destination

The number of cover stories for Destination depends on current market conditions and Destination's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Destination is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Destination's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Destination Short Properties

Destination's future price predictability will typically decrease when Destination's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Destination XL Group often depends not only on the future outlook of the potential Destination'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. Destination's indicators that are reflective of the short sentiment are summarized in the table below.
Shares Percent Shares Out2.36%
Short Percent Of Float3.94%
Float Shares30.44M
Shares Short Prior Month1.63M
Average Daily Volume Last 10 Day300.99k
Average Daily Volume In Three Month405.25k
Date Short Interest30th of November 2020
Continue to Destination Basic Forecasting Models to cross-verify your projections. Note that the Destination XL Group information on this page should be used as a complementary analysis to other Destination'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 Commodity Channel Index module to use Commodity Channel Index to analyze current equity momentum.

Complementary Tools for Destination Stock analysis

When running Destination XL Group price analysis, check to measure Destination'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 Destination is operating at the current time. Most of Destination's value examination focuses on studying past and present price action to predict the probability of Destination's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Destination's price. Additionally, you may evaluate how the addition of Destination to your portfolios can decrease your overall portfolio volatility.
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Go
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Go
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Equity Search
Search for activelly traded equities including funds and ETFs from over 30 global markets
Go
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Go
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Go
Transaction History
View history of all your transactions and understand their impact on performance
Go
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Go
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Go
The market value of Destination XL Group is measured differently than its book value, which is the value of Destination that is recorded on the company's balance sheet. Investors also form their own opinion of Destination's value that differs from its market value or its book value, called intrinsic value, which is Destination'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 Destination's market value can be influenced by many factors that don't directly affect Destination XL Group underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Destination's value and its price as these two are different measures arrived at by different means. Investors typically determine Destination value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Destination'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.