Douglas Dynamics Stock Technical Analysis
| PLOW Stock | USD 22.01 0.20 0.92% |
As of the 19th of April, Douglas Dynamics shows the Variance of 6.37, standard deviation of 2.52, and Mean Deviation of 1.76. In respect to fundamental indicators, the technical analysis model provides you with a way to check existing technical drivers of Douglas Dynamics, as well as the relationship between them. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to break down and interpolate data for thirteen technical drivers for Douglas Dynamics, which can be compared to its peers. Please confirm Douglas Dynamics market risk adjusted performance and treynor ratio to decide if Douglas Dynamics is priced favorably, providing market reflects its regular price of 22.01 per share. Given that Douglas Dynamics has information ratio of (0.11), we urge you to verify Douglas Dynamics's prevailing market performance to make sure the company can sustain itself at a future point.
Douglas Dynamics Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Douglas, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to DouglasDouglas |
Douglas Dynamics Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 44.0 | Buy | 2 | Odds |
Most Douglas analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Douglas stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Douglas Dynamics, talking to its executives and customers, or listening to Douglas conference calls.
Douglas Dynamics 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.
Douglas Dynamics Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Douglas Dynamics volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Douglas Dynamics Trend Analysis
Use this graph to draw trend lines for Douglas Dynamics. You can use it to identify possible trend reversals for Douglas Dynamics 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 Douglas Dynamics price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Douglas Dynamics Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Douglas Dynamics applied against its price change over selected period. The best fit line has a slop of 0.07 , which may suggest that Douglas Dynamics market price will keep on failing further. It has 122 observation points and a regression sum of squares at 163.07, which is the sum of squared deviations for the predicted Douglas Dynamics price change compared to its average price change.About Douglas Dynamics 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 Douglas Dynamics 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 Douglas Dynamics based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Douglas Dynamics price pattern first instead of the macroeconomic environment surrounding Douglas Dynamics. By analyzing Douglas Dynamics'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 Douglas Dynamics'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 Douglas Dynamics specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0296 | 0.0326 | 0.0403 | 0.0421 | Price To Sales Ratio | 1.66 | 1.35 | 1.2 | 1.26 |
Douglas Dynamics April 19, 2024 Technical Indicators
Most technical analysis of Douglas 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 Douglas from various momentum indicators to cycle indicators. When you analyze Douglas 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 | (0.04) | |||
| Market Risk Adjusted Performance | (0.14) | |||
| Mean Deviation | 1.76 | |||
| Coefficient Of Variation | (1,205) | |||
| Standard Deviation | 2.52 | |||
| Variance | 6.37 | |||
| Information Ratio | (0.11) | |||
| Jensen Alpha | (0.31) | |||
| Total Risk Alpha | (0.46) | |||
| Treynor Ratio | (0.15) | |||
| Maximum Drawdown | 15.03 | |||
| Value At Risk | (3.73) | |||
| Potential Upside | 3.28 | |||
| Skewness | (1.37) | |||
| Kurtosis | 5.62 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Douglas Dynamics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. For more information on how to buy Douglas Stock please use our How to Invest in Douglas Dynamics guide.You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Complementary Tools for Douglas Stock analysis
When running Douglas Dynamics' price analysis, check to measure Douglas Dynamics' 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 Douglas Dynamics is operating at the current time. Most of Douglas Dynamics' value examination focuses on studying past and present price action to predict the probability of Douglas Dynamics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Douglas Dynamics' price. Additionally, you may evaluate how the addition of Douglas Dynamics to your portfolios can decrease your overall portfolio volatility.
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Is Douglas Dynamics' 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 Douglas Dynamics. If investors know Douglas 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 Douglas Dynamics 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 (0.41) | Dividend Share 1.18 | Earnings Share 0.98 | Revenue Per Share 24.744 | Quarterly Revenue Growth (0.16) |
The market value of Douglas Dynamics is measured differently than its book value, which is the value of Douglas that is recorded on the company's balance sheet. Investors also form their own opinion of Douglas Dynamics' value that differs from its market value or its book value, called intrinsic value, which is Douglas Dynamics' 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 Douglas Dynamics' market value can be influenced by many factors that don't directly affect Douglas Dynamics' 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 Douglas Dynamics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Douglas Dynamics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Douglas Dynamics' 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.