DISCOVERY COMMUNICATIONS (UK) Today

DISCOVERY COMMUNICATIONS is selling for 22.63 as of the 18th of August 2022. This is a -1.48 percent decrease since the beginning of the trading day. The stock's lowest day price was 22.82. Equity ratings for DISCOVERY COMMUNICATIONS INC are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of July 2022 and ending today, the 18th of August 2022. Click here to learn more.
Valuation
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DISCOVERY COMMUNICATIONS Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. DISCOVERY COMMUNICATIONS's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding DISCOVERY COMMUNICATIONS or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
DISCOVERY COMMUNICATIONS is not yet fully synchronised with the market data
DISCOVERY COMMUNICATIONS has high likelihood to experience some financial distress in the next 2 years
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of DISCOVERY COMMUNICATIONS's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Not RatedOvervalued
DISCOVERY COMMUNICATIONS INC (0IBD) is traded on London Stock Exchange in UK and employs 9,800 people. The company currently falls under 'Large-Cap' category with current market capitalization of 17.59 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate DISCOVERY COMMUNICATIONS's market, we take the total number of its shares issued and multiply it by DISCOVERY COMMUNICATIONS's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. DISCOVERY COMMUNICATIONS has 639.19 M outstanding shares. DISCOVERY COMMUNICATIONS INC has accumulated about 2.17 B in cash with 2.67 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.32.
Check DISCOVERY COMMUNICATIONS Probability Of Bankruptcy

DISCOVERY Stock Price Odds Analysis

What are DISCOVERY COMMUNICATIONS's target price odds to finish over the current price? Based on a normal probability distribution, the odds of DISCOVERY COMMUNICATIONS jumping above the current price in 90 days from now is about 83.46%. The DISCOVERY COMMUNICATIONS INC probability density function shows the probability of DISCOVERY COMMUNICATIONS stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon the stock has a beta coefficient of 1.0213. This suggests DISCOVERY COMMUNICATIONS INC market returns are highly reactive to returns on the market. As the market goes up or down, DISCOVERY COMMUNICATIONS is expected to follow. Additionally, the company has an alpha of 0.4391, implying that it can generate a 0.44 percent excess return over DOW after adjusting for the inherited market risk (beta).
  Odds Below 22.63HorizonTargetOdds Above 22.63
16.46%90 days
 22.63 
83.46%
Based on a normal probability distribution, the odds of DISCOVERY COMMUNICATIONS to move above the current price in 90 days from now is about 83.46 (This DISCOVERY COMMUNICATIONS INC probability density function shows the probability of DISCOVERY Stock to fall within a particular range of prices over 90 days) .

DISCOVERY COMMUNICATIONS Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. DISCOVERY COMMUNICATIONS market risk premium is the additional return an investor will receive from holding DISCOVERY COMMUNICATIONS long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in DISCOVERY COMMUNICATIONS. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although DISCOVERY COMMUNICATIONS's alpha and beta are two of the key measurements used to evaluate DISCOVERY COMMUNICATIONS's performance over the market, the standard measures of volatility play an important role as well.

DISCOVERY Stock Against Markets

Picking the right benchmark for DISCOVERY COMMUNICATIONS stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in DISCOVERY COMMUNICATIONS stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for DISCOVERY COMMUNICATIONS is critical whether you are bullish or bearish towards DISCOVERY COMMUNICATIONS INC at a given time.

DISCOVERY COMMUNICATIONS Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with DISCOVERY COMMUNICATIONS stock to make a market-neutral strategy. Peer analysis of DISCOVERY COMMUNICATIONS could also be used in its relative valuation, which is a method of valuing DISCOVERY COMMUNICATIONS by comparing valuation metrics with similar companies.
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 Risk & Return  Correlation

Invested in DISCOVERY COMMUNICATIONS INC?

You need to understand the risk of investing before taking a position in DISCOVERY COMMUNICATIONS. The danger of trading DISCOVERY COMMUNICATIONS INC is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of DISCOVERY COMMUNICATIONS is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than DISCOVERY COMMUNICATIONS. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile DISCOVERY COMMUNICATIONS is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Please continue to Trending Equities. Note that the DISCOVERY COMMUNICATIONS information on this page should be used as a complementary analysis to other DISCOVERY COMMUNICATIONS's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Commodity Channel Index module to use Commodity Channel Index to analyze current equity momentum.

Complementary Tools for DISCOVERY Stock analysis

When running DISCOVERY COMMUNICATIONS price analysis, check to measure DISCOVERY COMMUNICATIONS'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 DISCOVERY COMMUNICATIONS is operating at the current time. Most of DISCOVERY COMMUNICATIONS's value examination focuses on studying past and present price action to predict the probability of DISCOVERY COMMUNICATIONS's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move DISCOVERY COMMUNICATIONS's price. Additionally, you may evaluate how the addition of DISCOVERY COMMUNICATIONS to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between DISCOVERY COMMUNICATIONS's value and its price as these two are different measures arrived at by different means. Investors typically determine DISCOVERY COMMUNICATIONS value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DISCOVERY COMMUNICATIONS'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.