Dmy Squared Technology Stock Probability of Future Stock Price Finishing Over 11.08
| DMYY Stock | 10.64 0.09 0.85% |
DMY |
DMY Squared Target Price Odds to finish over 11.08
The tendency of DMY 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 move over 11.08 or more in 90 days |
| 10.64 | 90 days | 11.08 | close to zero percent |
Based on a normal probability distribution, the odds of DMY Squared to move over 11.08 or more in 90 days from now is close to zero percent (This dMY Squared Technology probability density function shows the probability of DMY Stock to fall within a particular range of prices over 90 days) . Probability of dMY Squared Technology price to stay between its current price of 10.64 and 11.08 at the end of the 90-day period is about 30.77 .
Given the investment horizon of 90 days DMY Squared has a beta of 0.0159 suggesting as returns on the market go up, DMY Squared average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding dMY Squared Technology will be expected to be much smaller as well. Additionally DMY Squared Technology has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. DMY Squared Price Density |
| Price |
Predictive Modules for DMY Squared
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as dMY Squared Technology. 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 DMY Squared'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.
DMY Squared Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. DMY Squared is not an exception. The market had few large corrections towards the DMY Squared'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 dMY Squared Technology, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of DMY Squared within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.01 | |
β | Beta against Dow Jones | 0.02 | |
σ | Overall volatility | 0.04 | |
Ir | Information ratio | -0.26 |
DMY Squared 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 DMY Squared for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for dMY Squared Technology can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| DMY Squared generates negative cash flow from operations | |
| DMY Squared has a poor financial position based on the latest SEC disclosures | |
| Over 89.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from gurufocus.com: Walleye Capital LLC Increases Stake in dMY Squared Technology Group Inc |
DMY Squared 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 DMY Stock often depends not only on the future outlook of the current and potential DMY Squared'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. DMY Squared's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 7.9 M | |
| Cash And Short Term Investments | 9.00 |
DMY Squared Technical Analysis
DMY Squared's future price can be derived by breaking down and analyzing its technical indicators over time. DMY Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of dMY Squared Technology. In general, you should focus on analyzing DMY Stock price patterns and their correlations with different microeconomic environments and drivers.
DMY Squared Predictive Forecast Models
DMY Squared's time-series forecasting models is one of many DMY Squared'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 DMY Squared'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 dMY Squared Technology
Checking the ongoing alerts about DMY Squared for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for dMY Squared Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| DMY Squared generates negative cash flow from operations | |
| DMY Squared has a poor financial position based on the latest SEC disclosures | |
| Over 89.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from gurufocus.com: Walleye Capital LLC Increases Stake in dMY Squared Technology Group Inc |
Additional Tools for DMY Stock Analysis
When running DMY Squared's price analysis, check to measure DMY Squared'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 DMY Squared is operating at the current time. Most of DMY Squared's value examination focuses on studying past and present price action to predict the probability of DMY Squared's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DMY Squared's price. Additionally, you may evaluate how the addition of DMY Squared to your portfolios can decrease your overall portfolio volatility.