Dollar Tree Stock Technical Analysis
DLTR Stock | USD 122.23 1.52 1.23% |
As of the 18th of April 2024, Dollar Tree shows the Mean Deviation of 1.37, variance of 5.33, and Standard Deviation of 2.31. Dollar Tree 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. 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 interpolate and analyze data for thirteen technical drivers for Dollar Tree, which can be compared to its peers. Please confirm Dollar Tree standard deviation and potential upside to decide if Dollar Tree is priced favorably, providing market reflects its regular price of 122.23 per share. Given that Dollar Tree has information ratio of (0.07), we urge you to verify Dollar Tree's prevailing market performance to make sure the company can sustain itself at a future point.
Dollar Tree Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Dollar, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to DollarDollar |
Dollar Tree Analyst Consensus
Target Price | Advice | # of Analysts | |
150.17 | Buy | 29 | Odds |
Most Dollar 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 Dollar stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Dollar Tree, talking to its executives and customers, or listening to Dollar conference calls.
Dollar Tree 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.
Dollar Tree Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. 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 Dollar Tree volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Dollar Tree Trend Analysis
Use this graph to draw trend lines for Dollar Tree. You can use it to identify possible trend reversals for Dollar Tree 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 Dollar Tree price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Dollar Tree Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Dollar Tree applied against its price change over selected period. The best fit line has a slop of 0.21 , which may suggest that Dollar Tree market price will keep on failing further. It has 122 observation points and a regression sum of squares at 1744.11, which is the sum of squared deviations for the predicted Dollar Tree price change compared to its average price change.About Dollar Tree 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 Dollar Tree 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 Dollar Tree based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Dollar Tree price pattern first instead of the macroeconomic environment surrounding Dollar Tree. By analyzing Dollar Tree'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 Dollar Tree'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 Dollar Tree specific price patterns or momentum indicators. Please read more on our technical analysis page.
2010 | 2020 | 2024 (projected) | Dividend Yield | 7.36E-4 | 0.0351 | 4.4E-4 | Price To Sales Ratio | 1.41 | 0.99 | 1.23 |
Dollar Tree April 18, 2024 Technical Indicators
Most technical analysis of Dollar 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 Dollar from various momentum indicators to cycle indicators. When you analyze Dollar 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 | (0.02) | |||
Market Risk Adjusted Performance | (0.13) | |||
Mean Deviation | 1.37 | |||
Coefficient Of Variation | (2,053) | |||
Standard Deviation | 2.31 | |||
Variance | 5.33 | |||
Information Ratio | (0.07) | |||
Jensen Alpha | (0.16) | |||
Total Risk Alpha | (0.29) | |||
Treynor Ratio | (0.14) | |||
Maximum Drawdown | 18.04 | |||
Value At Risk | (2.48) | |||
Potential Upside | 2.27 | |||
Skewness | (3.50) | |||
Kurtosis | 20.99 |
Dollar Tree April 18, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Dollar stock. With literally thousands of 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.
Accumulation Distribution | 39,230 | ||
Daily Balance Of Power | (0.56) | ||
Rate Of Daily Change | 0.99 | ||
Day Median Price | 123.45 | ||
Day Typical Price | 123.04 | ||
Price Action Indicator | (1.97) |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dollar Tree. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Dollar Stock, please use our How to Invest in Dollar Tree guide.You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Complementary Tools for Dollar Stock analysis
When running Dollar Tree's price analysis, check to measure Dollar Tree'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 Dollar Tree is operating at the current time. Most of Dollar Tree's value examination focuses on studying past and present price action to predict the probability of Dollar Tree's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dollar Tree's price. Additionally, you may evaluate how the addition of Dollar Tree to your portfolios can decrease your overall portfolio volatility.
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Is Dollar Tree'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 Dollar Tree. If investors know Dollar 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 Dollar Tree 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 (0.19) | Earnings Share (4.50) | Revenue Per Share 139.425 | Quarterly Revenue Growth 0.119 | Return On Assets 0.0498 |
The market value of Dollar Tree is measured differently than its book value, which is the value of Dollar that is recorded on the company's balance sheet. Investors also form their own opinion of Dollar Tree's value that differs from its market value or its book value, called intrinsic value, which is Dollar Tree'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 Dollar Tree's market value can be influenced by many factors that don't directly affect Dollar Tree'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 Dollar Tree's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dollar Tree is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dollar Tree'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.