Diamond Story

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DSSI -- USA Stock  

USD 7.34  0.10  1.38%

In general, we focus on analyzing Diamond (NYSE:DSSI) price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Diamond S Shipping daily price indicators and compare them against related drivers. A current spike in volatility has left many stockholders looking confused. In this story, we will concentrate on Diamond S Shipping. We will analyze why Diamond S investors may still consider a stake in the business.
Published over a week ago
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What is December outlook for Diamond S (NYSE:DSSI)?
We provide trade advice to complement the prevailing expert consensus on Diamond S Shipping. Our dynamic recommendation engine uses a multidimensional algorithm to analyze the company's potential to grow using all technical and fundamental data available at the time.
The successful prediction of Diamond S 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 Diamond S Shipping, 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 Diamond S based on Diamond S hews, social hype, general headline patterns, and widely used predictive technical indicators. We also calculate exposure to Diamond S's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Diamond S's related companies.

Use Technical Analysis to project Diamond expected Price

Diamond S 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.
A focus of Diamond S technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Diamond S 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...

How Diamond utilizes its cash?

To perform a cash flow analysis of Diamond S, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash Diamond S is receiving and how much cash it distributes out in a given period. The Diamond S cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities. Diamond S Net Cash Flow from Operations is most likely to decrease significantly in the upcoming years. The last year's value of Net Cash Flow from Operations was reported at 63.35 Million

Payment of 447 shares by Fogarty Michael G of Diamond S subject to Rule 16b-3

Legal trades by Diamond S insiders are very common, as founders, directors, or employees of any publicly traded firm often have stock or stock options. These trades are made public in the United States through the filing of Form 4 of the Securities and Exchange Commission. Below entry was recorded recently and is publicly available as an insider trade:
Diamond insider trading alert for payment of common stock by Fogarty Michael G, Former Senior VP - Commercial, on 18th of November 2020. This event was filed by Diamond S Shipping Inc with SEC on 2020-11-18. Statement of changes in beneficial ownership - SEC Form 4 [view details]   
Note, although insider trading is legal, in the United States, Canada, Australia, and Germany, for mandatory reporting purposes, corporate insiders are defined as a company's officers, directors, and any beneficial owners of more than 10% of a class of the company's equity securities.

A Deeper look at Diamond

This firm reported the previous year's revenue of 721.11 M. Net Income was 90.98 M with profit before overhead, payroll, taxes, and interest of 195.45 M.
 2016 2018 2019 2020 (projected)
Interest Expense31.84 M33.75 M46.77 M45.37 M
Gross Profit157.45 M103.86 M195.45 M175.17 M

Deferred Revenue Breakdown

Diamond S Deferred Revenue is decreasing over the last several years with slightly volatile swings. Deferred Revenue is estimated to finish at about 2.2 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. Diamond S Deferred Revenue is most likely to decrease significantly in the upcoming years. The last year's value of Deferred Revenue was reported at 1.93 Million
2010
2019
2020
20103.62 Million
20191.93 Million
20202.19 Million

Are Diamond S technical ratios showing a bounce-back?

The maximum drawdown is down to 22.26 as of today. Diamond S Shipping exhibits very low volatility with skewness of 0.76 and kurtosis of 2.39. However, we advise investors to further study Diamond S Shipping technical indicators to make sure all market info is available and is reliable.

Our Conclusion on Diamond S

While many of the other players in the oil & gas midstream industry are either recovering or due for a correction, Diamond S may not be performing as strong as the other in terms of long-term growth potentials. With a relatively neutral outlook on the current economy, it is better to hold off any trading of Diamond as the current risk-reward utility is not appealing enough. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Diamond S.

About Contributor

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 Achuva Shats do not own shares of Diamond S Shipping. Please refer to our Terms of Use for any information regarding our disclosure principles.

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