Chances of Dicks Sporting (NYSE:DKS) to fall in December.

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Raphi Shpitalnik .  Story
DKS Stock  USD 135.75  1.66  1.24%   
Raphi Shpitalnik
By Raphi Shpitalnik
Macroaxis Story
Today we will sum up Dicks Sporting. Why are we still confident in our hopes for a recovery. On the 22nd of November the company is traded for 106.94. Dicks Sporting Goods has historical hype elasticity of 0.14. The average price elasticity to hype of competition is about 0.04. The entity is forecasted to increase in value after the next headline, with the price going to jump to 107.08. The average volatility of media hype impact on Dicks Sporting stock price is about 89.89%. The price gain on the next news is projected to be 0.13%, whereas the daily expected return is currently at 0.04%. The volatility of related hype on Dicks Sporting is about 314.75% with expected price after next announcement by competition of 106.98 Considering the 90-day investment horizon the next forecasted press release will be in about 7 days.
Published over two months ago
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The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Dicks Sporting has an asset utilization ratio of 334.61 percent. This connotes that the company is making $3.35 for each dollar of assets. An increasing asset utilization means that Dicks Sporting Goods is more efficient with each dollar of assets it utilizes for everyday operations.
The successful prediction of Dicks Sporting 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 Dicks Sporting Goods, 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 Dicks Sporting based on Dicks Sporting hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Dicks Sporting's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Dicks Sporting's related companies.

Use Technical Analysis to project Dicks expected Price

Dicks Sporting technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Overlap Analysis
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A focus of Dicks Sporting technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Dicks Sporting trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

What do experts say?

Stock analysis is a method for investors and traders to make buying and selling decisions. By studying and evaluating past and current data, investors and traders attempt to gain an edge in the markets by making informed decisions.
It is good to see analyst projects for Dicks Sporting, but it might be worth checking our own buy vs. sell analysis

A Deeper Perspective On Dicks Sporting

The company reported the last year's revenue of 11.91 B. Total Income to common stockholders was 1.24 B with profit before taxes, overhead, and interest of 4.71 B.

Deferred Revenue Breakdown

Dicks Sporting Deferred Revenue yearly trend continues to be relatively stable with very little volatility. Deferred Revenue is likely to grow to about 486.5 M this year. Deferred Revenue usually refers to a component of Total Liabilities representing the carrying amount of consideration received or receivable on potential earnings that were not recognized as revenue; including sales; license fees; and royalties; but excluding interest income. Dicks Sporting Deferred Revenue is relatively stable at the moment as compared to the past year. Dicks Sporting reported last year Deferred Revenue of 317.43 Million
2010
2014
2020
2022
2010486.01 Million
2014225.96 Million
2020317.43 Million
2022486.54 Million

Our take on Dicks Sporting small fall

Dicks Sporting treynor ratio is up to -0.01. Dicks Sporting Goods exhibits very low volatility with skewness of 0.47 and kurtosis of 0.83. However, we advise investors to further study Dicks Sporting Goods technical indicators to ensure that all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Dicks Sporting's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Dicks Sporting's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

The Current Takeaway on Dicks Sporting Investment

While many other companies in the specialty retail industry are either recovering or due for a correction, Dicks Sporting may not be performing as strong as the other in terms of long-term growth potentials. To sum up, as of the 22nd of November 2022, we believe that Dicks Sporting is currently undervalued with low probability of distress in the next two years. Our present 90 days buy-or-sell advice on the enterprise is Hold.

Editorial Staff

Raphi Shpitalnik is a Junior Member of Macroaxis Editorial Board. Raphael is a young entrepreneur who joined Macroaxis on a part-time basis at the beginning of the pandemic and eventually acquired a real taste for investing and fintech. He likes to analyze different equity instruments across a wide range of industries, focusing primarily on consumer products, sports, fintech, cannabis, and AI. View Profile
This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Raphi Shpitalnik do not own shares of Dicks Sporting Goods. Please refer to our Terms of Use for any information regarding our disclosure principles.

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