Dover Stock Chance of Future Stock Price Finishing Under 185.67
| DOV Stock | USD 187.55 1.49 0.80% |
Closest to current price Dover long CALL Option Payoff at Expiration
Dover |
Dover Target Price Odds to finish below 185.67
The tendency of Dover 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 drop to $ 185.67 or more in 90 days |
| 187.55 | 90 days | 185.67 | under 95 |
Based on a normal probability distribution, the odds of Dover to drop to $ 185.67 or more in 90 days from now is under 95 (This Dover probability density function shows the probability of Dover Stock to fall within a particular range of prices over 90 days) . Probability of Dover price to stay between $ 185.67 and its current price of $187.55 at the end of the 90-day period is roughly 2.43 .
Considering the 90-day investment horizon Dover has a beta of 0.98 suggesting Dover market returns are correlated to returns on the market. As the market goes up or down, Dover is expected to follow. Additionally Dover has an alpha of 0.173, implying that it can generate a 0.17 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Dover Price Density |
| Price |
Predictive Modules for Dover
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Dover. 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 Dover'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.
Dover Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Dover is not an exception. The market had few large corrections towards the Dover'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 Dover, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Dover within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.17 | |
β | Beta against NYSE Composite | 0.98 | |
σ | Overall volatility | 6.75 | |
Ir | Information ratio | 0.17 |
Dover 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 Dover for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Dover can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Over 89.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from finance.yahoo.com: OPW Clean Energy Solutions Expands Model CV Valve Product Line for Hydrogen Market |
Dover 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 Dover Stock often depends not only on the future outlook of the current and potential Dover'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. Dover's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 140.6 M | |
| Cash And Short Term Investments | 398.6 M |
Dover Technical Analysis
Dover's future price can be derived by breaking down and analyzing its technical indicators over time. Dover Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Dover. In general, you should focus on analyzing Dover Stock price patterns and their correlations with different microeconomic environments and drivers.
Dover Predictive Forecast Models
Dover's time-series forecasting models is one of many Dover'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 Dover'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 Dover
Checking the ongoing alerts about Dover for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Dover help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Over 89.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from finance.yahoo.com: OPW Clean Energy Solutions Expands Model CV Valve Product Line for Hydrogen Market |
Check out Dover Backtesting, Dover Valuation, Dover Correlation, Dover Hype Analysis, Dover Volatility, Dover History as well as Dover Performance. For more information on how to buy Dover Stock please use our How to Invest in Dover guide.You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Complementary Tools for Dover Stock analysis
When running Dover's price analysis, check to measure Dover'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 Dover is operating at the current time. Most of Dover's value examination focuses on studying past and present price action to predict the probability of Dover's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dover's price. Additionally, you may evaluate how the addition of Dover to your portfolios can decrease your overall portfolio volatility.
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Is Dover'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 Dover. If investors know Dover 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 Dover 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 1.773 | Dividend Share 2.035 | Earnings Share 10.4 | Revenue Per Share 60.521 | Quarterly Revenue Growth 0.007 |
The market value of Dover is measured differently than its book value, which is the value of Dover that is recorded on the company's balance sheet. Investors also form their own opinion of Dover's value that differs from its market value or its book value, called intrinsic value, which is Dover'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 Dover's market value can be influenced by many factors that don't directly affect Dover'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 Dover's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dover is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dover'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.