Dominari Holdings Stock Forecast - 8 Period Moving Average

DOMH Stock   1.63  0.06  3.82%   
The 8 Period Moving Average forecasted value of Dominari Holdings on the next trading day is expected to be 1.62 with a mean absolute deviation of 0.06 and the sum of the absolute errors of 3.06. Dominari Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Dominari Holdings' historical fundamentals, such as revenue growth or operating cash flow patterns.
  
The Dominari Holdings' current Inventory Turnover is estimated to increase to -0.68. The Dominari Holdings' current Payables Turnover is estimated to increase to -0.46. The Dominari Holdings' current Common Stock Shares Outstanding is estimated to increase to about 5.5 M, while Net Loss is projected to decrease to (6.8 M).
An 8-period moving average forecast model for Dominari Holdings is based on an artificially constructed time series of Dominari Holdings daily prices in which the value for a trading day is replaced by the mean of that value and the values for 8 of preceding and succeeding time periods. This model is best suited for price series data that changes over time.

Dominari Holdings 8 Period Moving Average Price Forecast For the 22nd of November

Given 90 days horizon, the 8 Period Moving Average forecasted value of Dominari Holdings on the next trading day is expected to be 1.62 with a mean absolute deviation of 0.06, mean absolute percentage error of 0.01, and the sum of the absolute errors of 3.06.
Please note that although there have been many attempts to predict Dominari Stock prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Dominari Holdings' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Dominari Holdings Stock Forecast Pattern

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Dominari Holdings Forecasted Value

In the context of forecasting Dominari Holdings' Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Dominari Holdings' downside and upside margins for the forecasting period are 0.02 and 5.34, respectively. We have considered Dominari Holdings' daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Market Value
1.63
1.62
Expected Value
5.34
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 8 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Dominari Holdings stock data series using in forecasting. Note that when a statistical model is used to represent Dominari Holdings stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.
AICAkaike Information Criteria98.1846
BiasArithmetic mean of the errors 0.0119
MADMean absolute deviation0.0577
MAPEMean absolute percentage error0.0319
SAESum of the absolute errors3.0562
The eieght-period moving average method has an advantage over other forecasting models in that it does smooth out peaks and valleys in a set of daily observations. Dominari Holdings 8-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for Dominari Holdings

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Dominari Holdings. 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.
Hype
Prediction
LowEstimatedHigh
0.081.625.34
Details
Intrinsic
Valuation
LowRealHigh
1.465.188.90
Details
1 Analysts
Consensus
LowTargetHigh
14.5616.0017.76
Details

Other Forecasting Options for Dominari Holdings

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

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 Risk & Return  Correlation

Dominari 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 Dominari 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 Dominari Holdings' current price.

Dominari Holdings Market Strength Events

Market strength indicators help investors to evaluate how Dominari 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 Dominari Holdings shares will generate the highest return on investment. By undertsting and applying Dominari Holdings stock market strength indicators, traders can identify Dominari Holdings entry and exit signals to maximize returns.

Dominari Holdings Risk Indicators

The analysis of Dominari 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 Dominari Holdings' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting dominari 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.

Currently Active Assets on Macroaxis

When determining whether Dominari Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Dominari Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Dominari Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Dominari Holdings Stock:
Check out Historical Fundamental Analysis of Dominari Holdings to cross-verify your projections.
For more detail on how to invest in Dominari Stock please use our How to Invest in Dominari Holdings guide.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Is Biotechnology space 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 Dominari Holdings. If investors know Dominari 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 Dominari Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(3.86)
Revenue Per Share
2.113
Quarterly Revenue Growth
3.198
Return On Assets
(0.17)
Return On Equity
(0.47)
The market value of Dominari Holdings is measured differently than its book value, which is the value of Dominari that is recorded on the company's balance sheet. Investors also form their own opinion of Dominari Holdings' value that differs from its market value or its book value, called intrinsic value, which is Dominari Holdings' 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 Dominari Holdings' market value can be influenced by many factors that don't directly affect Dominari Holdings' 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 Dominari Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Dominari Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dominari Holdings' 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.