Diamond Hill Probability of Target Price Finishing Above 141.0

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DHIL -- USA Stock  

USD 141.07  1.10  0.77%

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. Continue to 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 below 141.0

Current PriceHorizonTarget PriceOdds to drop to $ 141.00  or more in 30 days
 141.07 30 days 141.00 
about 47.82
Based on normal probability distribution, the odds of Diamond Hill to drop to $ 141.00  or more in 30 days from now is about 47.82 (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) . Probability of Diamond Hill Investment price to stay between $ 141.00  and its current price of $141.07 at the end of the 30-day period is near 1 .
Given the investment horizon of 30 days, Diamond Hill Investment Group has beta of -0.607 suggesting as returns on benchmark increase, returns on holding Diamond Hill are expected to decrease at a much smaller rate. During bear market, however, Diamond Hill Investment Group is likely to outperform the market. Additionally The company has an alpha of 0.1455 implying that it can potentially generate 0.1455% excess return over DOW after adjusting for the inherited market risk (beta).
 Diamond Hill Price Density 
    
  Price 
α
Alpha over DOW
=0.15
β
Beta against DOW=0.61
σ
Overall volatility
=4.20
Ir
Information ratio =0.05

Diamond Hill Alerts and Suggestions

About 58.0% 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 www.uspostnews.com: Is Red Rock Resorts, Inc. Dependable Investment For Investors - US Post News

Diamond HillPrice Density Drivers

Shares Percent Shares Out2.24%
Short Percent Of Float2.78%
Float Shares2.89M
Average Daily Volume Last 10 Day21.1k
Shares Short Prior Month77.66k
Average Daily Volume In Three Month19.5k
Date Short InterestDecember 31, 2019