Diamond Hill Small Mid Fund Buy Hold or Sell Recommendation
| DHMAX Fund | USD 25.68 0.19 0.73% |
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Diamond Hill Small Mid is 'Strong Sell'. Macroaxis provides Diamond Hill buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding DHMAX positions. The advice algorithm takes into account all of Diamond Hill's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Diamond Hill's buy or sell advice are summarized below:
Real Value 25.77 | Hype Value 25.68 | Market Value 25.68 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Diamond Hill Small Mid given historical horizon and risk tolerance towards Diamond Hill. When Macroaxis issues a 'buy' or 'sell' recommendation for Diamond Hill Small Mid, the advice is generated through an automated system that utilizes algorithms and statistical models.
Diamond |
Execute Diamond Hill Buy or Sell Advice
The Diamond recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Diamond Hill Small Mid. Macroaxis does not own or have any residual interests in Diamond Hill Small Mid or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Diamond Hill's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Insignificant | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Responds to the market | Details | |
Analyst Consensus | Not Available | Details |
Diamond Hill Trading Alerts and Improvement Suggestions
| The fund retains 98.09% of its assets under management (AUM) in equities |
Diamond Hill Returns Distribution Density
The distribution of Diamond Hill's historical returns is an attempt to chart the uncertainty of Diamond Hill's future price movements. The chart of the probability distribution of Diamond Hill daily returns describes the distribution of returns around its average expected value. We use Diamond Hill Small Mid price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Diamond Hill returns is essential to provide solid investment advice for Diamond Hill.
| Mean Return | 0.07 | Value At Risk | -1.33 | Potential Upside | 1.33 | Standard Deviation | 0.98 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Diamond Hill historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Diamond Hill Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Diamond Hill or Diamond Hill Funds sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Diamond Hill's price will be affected by overall mutual fund market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Diamond fund's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.07 | |
β | Beta against NYSE Composite | -0.05 | |
σ | Overall volatility | 0.99 | |
Ir | Information ratio | -0.02 |
Diamond Hill Volatility Alert
Diamond Hill Small Mid has relatively low volatility with skewness of -1.5 and kurtosis of 5.37. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Diamond Hill's mutual fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Diamond Hill's mutual fund price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Diamond Hill Fundamentals Vs Peers
Comparing Diamond Hill's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Diamond Hill's direct or indirect competition across all of the common fundamentals between Diamond Hill and the related equities. This way, we can detect undervalued stocks with similar characteristics as Diamond Hill or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Diamond Hill's fundamental indicators could also be used in its relative valuation, which is a method of valuing Diamond Hill by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Diamond Hill to competition |
| Fundamentals | Diamond Hill | Peer Average |
| Price To Earning | 19.32 X | 6.53 X |
| Price To Book | 1.91 X | 0.74 X |
| Price To Sales | 1.16 X | 0.61 X |
| Annual Yield | 0 % | 0.29 % |
| Year To Date Return | 1.30 % | 0.39 % |
| One Year Return | 9.85 % | 4.15 % |
| Three Year Return | 2.21 % | 3.60 % |
| Five Year Return | 6.71 % | 3.24 % |
| Ten Year Return | 7.94 % | 1.79 % |
| Net Asset | 1.96 B | 4.11 B |
| Cash Position Weight | 1.45 % | 10.61 % |
| Equity Positions Weight | 98.09 % | 63.90 % |
Diamond Hill Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Diamond . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 25.68 | |||
| Day Typical Price | 25.68 | |||
| Price Action Indicator | (0.1) | |||
| Period Momentum Indicator | (0.19) |
About Diamond Hill Buy or Sell Advice
When is the right time to buy or sell Diamond Hill Small Mid? Buying financial instruments such as Diamond Mutual Fund isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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In addition to having Diamond Hill in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Check out Diamond Hill Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note that the Diamond Hill Small information on this page should be used as a complementary analysis to other Diamond Hill'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 the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.