DHT Holdings Stock Forecast - Price Action Indicator

DHT Stock  USD 10.19  0.18  1.74%   
DHT Stock Forecast is based on your current time horizon.
  
At this time, DHT Holdings' Inventory Turnover is comparatively stable compared to the past year. Receivables Turnover is likely to gain to 13.97 in 2024, whereas Payables Turnover is likely to drop 36.13 in 2024. . Common Stock Shares Outstanding is likely to gain to about 170.5 M in 2024, whereas Net Income Applicable To Common Shares is likely to drop slightly above 47.1 M in 2024.
DHT Holdings has current Price Action Indicator of (0.24). Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.
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DHT Holdings Trading Date Momentum

On November 22 2024 DHT Holdings was traded for  10.19  at the closing time. Highest DHT Holdings's price during the trading hours was 10.48  and the lowest price during the day was  10.19 . There was no trading activity during the period 0.0. Lack of trading volume on the 22nd of November did not affect price variability. The overall trading delta to current price is 1.77% .
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
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Other Forecasting Options for DHT Holdings

For every potential investor in DHT, whether a beginner or expert, DHT Holdings' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. DHT Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in DHT. Basic forecasting techniques help filter out the noise by identifying DHT Holdings' price trends.

DHT Holdings Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with DHT Holdings stock to make a market-neutral strategy. Peer analysis of DHT Holdings could also be used in its relative valuation, which is a method of valuing DHT Holdings by comparing valuation metrics with similar companies.
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DHT Holdings Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of DHT Holdings' price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of DHT Holdings' current price.

DHT Holdings Market Strength Events

Market strength indicators help investors to evaluate how DHT Holdings stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading DHT Holdings shares will generate the highest return on investment. By undertsting and applying DHT Holdings stock market strength indicators, traders can identify DHT Holdings entry and exit signals to maximize returns.

DHT Holdings Risk Indicators

The analysis of DHT Holdings' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in DHT Holdings' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting dht stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Thematic Opportunities

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Additional Tools for DHT Stock Analysis

When running DHT Holdings' price analysis, check to measure DHT Holdings' 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 DHT Holdings is operating at the current time. Most of DHT Holdings' value examination focuses on studying past and present price action to predict the probability of DHT Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DHT Holdings' price. Additionally, you may evaluate how the addition of DHT Holdings to your portfolios can decrease your overall portfolio volatility.