Daily Journal Corp Stock Technical Analysis
DJCO Stock | USD 497.11 5.58 1.14% |
As of the 31st of August, Daily Journal shows the Mean Deviation of 1.91, coefficient of variation of 532.42, and Downside Deviation of 2.35. Daily Journal Corp technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices.
Daily Journal Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Daily, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to DailyDaily |
Daily Journal 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.
Daily Journal Corp Technical Analysis
The output start index for this execution was thirty with a total number of output elements of thirty-one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Daily Journal Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Daily Journal Corp Trend Analysis
Use this graph to draw trend lines for Daily Journal Corp. You can use it to identify possible trend reversals for Daily Journal as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Daily Journal price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Daily Journal Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Daily Journal Corp applied against its price change over selected period. The best fit line has a slop of 1.99 , which means Daily Journal Corp will continue generating value for investors. It has 122 observation points and a regression sum of squares at 149639.35, which is the sum of squared deviations for the predicted Daily Journal price change compared to its average price change.About Daily Journal Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Daily Journal Corp on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Daily Journal Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Daily Journal Corp price pattern first instead of the macroeconomic environment surrounding Daily Journal Corp. By analyzing Daily Journal's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Daily Journal's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Daily Journal specific price patterns or momentum indicators. Please read more on our technical analysis page.
2023 | 2024 (projected) | Dividend Yield | 2.4E-5 | 2.2E-5 | Price To Sales Ratio | 5.38 | 5.65 |
Daily Journal August 31, 2024 Technical Indicators
Most technical analysis of Daily help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Daily from various momentum indicators to cycle indicators. When you analyze Daily charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | 0.1514 | |||
Market Risk Adjusted Performance | 0.2346 | |||
Mean Deviation | 1.91 | |||
Semi Deviation | 2.08 | |||
Downside Deviation | 2.35 | |||
Coefficient Of Variation | 532.42 | |||
Standard Deviation | 2.46 | |||
Variance | 6.06 | |||
Information Ratio | 0.1385 | |||
Jensen Alpha | 0.2281 | |||
Total Risk Alpha | 0.0963 | |||
Sortino Ratio | 0.1454 | |||
Treynor Ratio | 0.2246 | |||
Maximum Drawdown | 10.64 | |||
Value At Risk | (3.67) | |||
Potential Upside | 4.28 | |||
Downside Variance | 5.5 | |||
Semi Variance | 4.32 | |||
Expected Short fall | (2.16) | |||
Skewness | (0.06) | |||
Kurtosis | 0.4503 |
Additional Information and Resources on Investing in Daily Stock
When determining whether Daily Journal Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Daily Journal's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Daily Journal Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Daily Journal Corp Stock:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Daily Journal Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Publishing space 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 Daily Journal. If investors know Daily 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 Daily Journal 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 33.498 | Earnings Share 32.59 | Revenue Per Share 52.002 | Quarterly Revenue Growth (0.01) | Return On Assets 0.0136 |
The market value of Daily Journal Corp is measured differently than its book value, which is the value of Daily that is recorded on the company's balance sheet. Investors also form their own opinion of Daily Journal's value that differs from its market value or its book value, called intrinsic value, which is Daily Journal'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 Daily Journal's market value can be influenced by many factors that don't directly affect Daily Journal'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 Daily Journal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Daily Journal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Daily Journal'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.