Dominos Pizza Stock Forecast - Day Typical Price
| DPZ Stock | USD 473.55 8.11 1.68% |
Dominos Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Dominos Pizza stock prices and determine the direction of Dominos Pizza's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Dominos Pizza's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Dominos Pizza's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Dominos Pizza's systematic risk associated with finding meaningful patterns of Dominos Pizza fundamentals over time.
Check out Historical Fundamental Analysis of Dominos Pizza to cross-verify your projections. Dominos |
Open Interest Against 2024-04-19 Dominos Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Dominos Pizza's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Dominos Pizza's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Dominos Pizza stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Dominos Pizza's open interest, investors have to compare it to Dominos Pizza's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Dominos Pizza is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Dominos. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in Dominos Pizza cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Dominos Pizza's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Dominos Pizza's price structures and extracts relationships that further increase the generated results' accuracy.
Typical Price is calculated as arithmetic average of the high, low and closing price for a given trading period.| Previous Day Typical Price | Day Typical Price | Trend |
| 482.56 | 475.62 |
| Check Dominos Pizza Volatility | Backtest Dominos Pizza | Information Ratio |
Dominos Pizza Trading Date Momentum
| On April 19 2024 Dominos Pizza was traded for 473.55 at the closing time. Highest Dominos Pizza's price during the trading hours was 483.32 and the lowest price during the day was 469.99 . The net volume was 590.3 K. The overall trading history on the 19th of April did not affect price variability. The overall trading delta to current price is 2.06% . |
The period considered in calculating typical price is a single trading day, however the typical price can also be applied to other time spans such as a week, month or year.
| Compare Dominos Pizza to competition |
Other Forecasting Options for Dominos Pizza
For every potential investor in Dominos, whether a beginner or expert, Dominos Pizza's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Dominos Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Dominos. Basic forecasting techniques help filter out the noise by identifying Dominos Pizza's price trends.View Dominos Pizza Related Equities
| Risk & Return | Correlation |
Dominos Pizza Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Dominos Pizza's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Dominos Pizza's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Dominos Pizza Market Strength Events
Market strength indicators help investors to evaluate how Dominos Pizza stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Dominos Pizza shares will generate the highest return on investment. By undertsting and applying Dominos Pizza stock market strength indicators, traders can identify Dominos Pizza entry and exit signals to maximize returns.
| Accumulation Distribution | 16279.69 | |||
| Daily Balance Of Power | (0.61) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 476.66 | |||
| Day Typical Price | 475.62 | |||
| Price Action Indicator | (7.16) | |||
| Period Momentum Indicator | (8.11) |
Dominos Pizza Risk Indicators
The analysis of Dominos Pizza's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Dominos Pizza's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting dominos stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.1 | |||
| Semi Deviation | 1.22 | |||
| Standard Deviation | 1.55 | |||
| Variance | 2.41 | |||
| Downside Variance | 2.05 | |||
| Semi Variance | 1.48 | |||
| Expected Short fall | (1.20) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Dominos Pizza Investors Sentiment
The influence of Dominos Pizza's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Dominos. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Dominos Pizza's public news can be used to forecast risks associated with an investment in Dominos. The trend in average sentiment can be used to explain how an investor holding Dominos can time the market purely based on public headlines and social activities around Dominos Pizza. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Dominos Pizza's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Dominos Pizza's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Dominos Pizza's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Dominos Pizza.
Dominos Pizza Implied Volatility | 41.17 |
Dominos Pizza's implied volatility exposes the market's sentiment of Dominos Pizza stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Dominos Pizza's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Dominos Pizza stock will not fluctuate a lot when Dominos Pizza's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Dominos Pizza in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Dominos Pizza's short interest history, or implied volatility extrapolated from Dominos Pizza options trading.
Pair Trading with Dominos Pizza
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Dominos Pizza position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Dominos Pizza will appreciate offsetting losses from the drop in the long position's value.Moving together with Dominos Stock
| 0.81 | BH | Biglari Holdings | PairCorr |
| 0.85 | SG | Sweetgreen Financial Report 2nd of May 2024 | PairCorr |
| 0.78 | WING | Wingstop Financial Report 1st of May 2024 | PairCorr |
Moving against Dominos Stock
| 0.85 | NDLS | Noodles Company Financial Report 8th of May 2024 | PairCorr |
| 0.81 | GAN | Gan Financial Report 8th of May 2024 | PairCorr |
| 0.78 | SBUX | Starbucks Financial Report 7th of May 2024 | PairCorr |
| 0.67 | RICK | RCI Hospitality Holdings Financial Report 8th of May 2024 | PairCorr |
| 0.66 | ARKR | Ark Restaurants Corp | PairCorr |
The ability to find closely correlated positions to Dominos Pizza could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dominos Pizza when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Dominos Pizza - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Dominos Pizza to buy it.
The correlation of Dominos Pizza is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Dominos Pizza moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dominos Pizza moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Dominos Pizza can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Historical Fundamental Analysis of Dominos Pizza to cross-verify your projections. For more information on how to buy Dominos Stock please use our How to Invest in Dominos Pizza guide.You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Complementary Tools for Dominos Stock analysis
When running Dominos Pizza's price analysis, check to measure Dominos Pizza's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Dominos Pizza is operating at the current time. Most of Dominos Pizza's value examination focuses on studying past and present price action to predict the probability of Dominos Pizza's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dominos Pizza's price. Additionally, you may evaluate how the addition of Dominos Pizza to your portfolios can decrease your overall portfolio volatility.
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Is Dominos Pizza's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Dominos Pizza. If investors know Dominos will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Dominos Pizza listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.301 | Dividend Share 4.84 | Earnings Share 14.65 | Revenue Per Share 127.683 | Quarterly Revenue Growth 0.031 |
The market value of Dominos Pizza is measured differently than its book value, which is the value of Dominos that is recorded on the company's balance sheet. Investors also form their own opinion of Dominos Pizza's value that differs from its market value or its book value, called intrinsic value, which is Dominos Pizza's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Dominos Pizza's market value can be influenced by many factors that don't directly affect Dominos Pizza's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Dominos Pizza's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dominos Pizza is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dominos Pizza's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.