DHX Media Probability of Target Price Finishing Over Current Price

DHXM -- USA Stock  

Fiscal Quarter End: December 31, 2019  

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

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 1.28 30 days 1.28 
about 78.85
Based on normal probability distribution, the odds of DHX Media to move above current price in 30 days from now is about 78.85 (This DHX Media Ltd probability density function shows the probability of DHX Media Stock to fall within a particular range of prices over 30 days) .
Given the investment horizon of 30 days, the stock has beta coefficient of 1.1368 suggesting DHX Media Ltd market returns are highly reactive to returns on the market. As the market goes up or down, DHX Media is expected to follow. Additionally The company has an alpha of 0.0412 implying that it can potentially generate 0.0412% excess return over DOW after adjusting for the inherited market risk (beta).
 DHX Media Price Density 
      Price 
α
Alpha over DOW
=0.041159
β
Beta against DOW=1.14
σ
Overall volatility
=0.13
Ir
Information ratio =0.014075

DHX Media Alerts and Suggestions

DHX Media Ltd may become a speculative penny stock
DHX Media Ltd has very high historical volatility over the last 30 days
DHX Media Ltd has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations
The company reported previous year revenue of 330.63 M. Net Loss for the year was (18.46 M) with profit before overhead, payroll, taxes, and interest of 160.92 M.
Latest headline from urgence.tv: DHX Media Ltd. A Professionals Recap Urgence News - Urgence News

DHX MediaPrice Density Drivers

Shares Percent Shares Out1.57%
Trailing Annual Dividend Rate0.07
Float Shares23.16M
Average Daily Volume Last 10 Day65.89k
Shares Short Prior Month2.22M
Average Daily Volume In Three Month90.87k
Date Short InterestOctober 15, 2019
Trailing Annual Dividend Yield5.10%
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