Diamond Hill Probability of Target Price Finishing Over Current Price

DHIL -- USA Stock  

USD 139.60  2.60  1.90%

Diamond Hill probability of target price tool provides mechanism to make assumptions about upside and downside potential of Diamond Hill Investment Group performance during a given time horizon utilizing its historical volatility. Please specify Diamond Hill time horizon, a valid symbol (red box) and a target price (blue box) you would like Diamond Hill odds to be computed. Additionally see Diamond Hill Backtesting, Diamond Hill Valuation, Diamond Hill Correlation, Diamond Hill Hype Analysis, Diamond Hill Volatility, Diamond Hill History as well as Diamond Hill Performance.
Horizon     30 Days    Login   to change
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Diamond Hill Target Price Odds to finish over

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 139.60 30 days 139.60 
about 41.54
Based on normal probability distribution, the odds of Diamond Hill to move above current price in 30 days from now is about 41.54 (This Diamond Hill Investment Group probability density function shows the probability of Diamond Hill Stock to fall within a particular range of prices over 30 days) .
Given the investment horizon of 30 days, Diamond Hill has beta of 0.9057 suggesting Diamond Hill Investment Group market returns are highly reactive to returns on the market. As the market goes up or down, Diamond Hill is expected to follow. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. Diamond Hill Investment is significantly underperforming DOW.
 Diamond Hill Price Density 
      Price 
α
Alpha over DOW
=0.0059
β
Beta against DOW=0.91
σ
Overall volatility
=5.01
Ir
Information ratio =0.0092

Diamond Hill Alerts and Suggestions

About 60.0% of the company shares are held by institutions such as insurance companies
On November 29, 2019 Diamond Hill paid $ 9.0 per share dividend to its current shareholders
Latest headline from MacroaxisInsider: Diamond Hill exotic insider transaction detected

Diamond HillPrice Density Drivers

Shares Percent Shares Out2.38%
Short Percent Of Float2.96%
Float Shares2.88M
Average Daily Volume Last 10 Day14.3k
Shares Short Prior Month102.25k
Average Daily Volume In Three Month17.28k
Date Short InterestNovember 15, 2019
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