Dmy Squared Technology Stock Probability of Future Stock Price Finishing Over 10.74
DMYY Stock | 10.74 0.11 1.01% |
DMY |
DMY Squared Target Price Odds to finish over 10.74
The tendency of DMY Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
10.74 | 90 days | 10.74 | nearly 4.46 |
Based on a normal probability distribution, the odds of DMY Squared to move above the current price in 90 days from now is nearly 4.46 (This dMY Squared Technology probability density function shows the probability of DMY Stock to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days dMY Squared Technology has a beta of -0.003 suggesting as returns on the benchmark increase, returns on holding DMY Squared are expected to decrease at a much lower rate. During a bear market, however, dMY Squared Technology is likely to outperform the market. Additionally DMY Squared Technology has an alpha of 5.0E-4, implying that it can generate a 4.94E-4 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). DMY Squared Price Density |
Price |
Predictive Modules for DMY Squared
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as dMY Squared Technology. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of DMY Squared's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
DMY Squared Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. DMY Squared is not an exception. The market had few large corrections towards the DMY Squared's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold dMY Squared Technology, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of DMY Squared within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.0005 | |
β | Beta against NYSE Composite | -0.003 | |
σ | Overall volatility | 0.04 | |
Ir | Information ratio | -0.24 |
DMY Squared Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of DMY Squared for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for dMY Squared Technology can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.DMY Squared generates negative cash flow from operations | |
DMY Squared has a poor financial position based on the latest SEC disclosures | |
Over 92.0% of the company shares are held by institutions such as insurance companies | |
Latest headline from news.google.com: When the Price of Talks, People Listen - Stock Traders Daily |
DMY Squared Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of DMY Stock often depends not only on the future outlook of the current and potential DMY Squared's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. DMY Squared's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding | 7.9 M | |
Cash And Short Term Investments | 9.00 |
DMY Squared Technical Analysis
DMY Squared's future price can be derived by breaking down and analyzing its technical indicators over time. DMY Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of dMY Squared Technology. In general, you should focus on analyzing DMY Stock price patterns and their correlations with different microeconomic environments and drivers.
DMY Squared Predictive Forecast Models
DMY Squared's time-series forecasting models is one of many DMY Squared's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary DMY Squared's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about dMY Squared Technology
Checking the ongoing alerts about DMY Squared for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for dMY Squared Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
DMY Squared generates negative cash flow from operations | |
DMY Squared has a poor financial position based on the latest SEC disclosures | |
Over 92.0% of the company shares are held by institutions such as insurance companies | |
Latest headline from news.google.com: When the Price of Talks, People Listen - Stock Traders Daily |
Check out DMY Squared Backtesting, DMY Squared Valuation, DMY Squared Correlation, DMY Squared Hype Analysis, DMY Squared Volatility, DMY Squared History as well as DMY Squared Performance. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Complementary Tools for DMY Stock analysis
When running DMY Squared's price analysis, check to measure DMY Squared'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 DMY Squared is operating at the current time. Most of DMY Squared's value examination focuses on studying past and present price action to predict the probability of DMY Squared's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DMY Squared's price. Additionally, you may evaluate how the addition of DMY Squared to your portfolios can decrease your overall portfolio volatility.
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Is DMY Squared'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 DMY Squared. If investors know DMY 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 DMY Squared listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Return On Assets (0.02) | Return On Equity 0.0405 |
The market value of dMY Squared Technology is measured differently than its book value, which is the value of DMY that is recorded on the company's balance sheet. Investors also form their own opinion of DMY Squared's value that differs from its market value or its book value, called intrinsic value, which is DMY Squared'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 DMY Squared's market value can be influenced by many factors that don't directly affect DMY Squared'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 DMY Squared's value and its price as these two are different measures arrived at by different means. Investors typically determine if DMY Squared is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DMY Squared'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.