Dogness International Corp Stock Probability of Future Stock Price Finishing Over 44.61
| DOGZ Stock | USD 44.61 1.19 2.60% |
Dogness |
Dogness International Target Price Odds to finish over 44.61
The tendency of Dogness 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 above the current price in 90 days |
| 44.61 | 90 days | 44.61 | about 19.57 |
Based on a normal probability distribution, the odds of Dogness International to move above the current price in 90 days from now is about 19.57 (This Dogness International Corp probability density function shows the probability of Dogness Stock to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days Dogness International has a beta of 0.65 suggesting as returns on the market go up, Dogness International average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Dogness International Corp will be expected to be much smaller as well. Moreover Dogness International Corp has an alpha of 1.5745, implying that it can generate a 1.57 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Dogness International Price Density |
| Price |
Predictive Modules for Dogness International
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Dogness International. 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.Dogness International Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Dogness International is not an exception. The market had few large corrections towards the Dogness International'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 Dogness International Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Dogness International within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.57 | |
β | Beta against Dow Jones | 0.65 | |
σ | Overall volatility | 10.92 | |
Ir | Information ratio | 0.18 |
Dogness International 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 Dogness International for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Dogness International can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Dogness International is way too risky over 90 days horizon | |
| Dogness International appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 14.85 M. Net Loss for the year was (6.06 M) with profit before overhead, payroll, taxes, and interest of 3.66 M. | |
| About 55.0% of the company shares are held by company insiders | |
| Latest headline from gurufocus.com: DOGZ Stock Plummets Amidst Lackluster Financial Performance |
Dogness International 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 Dogness Stock often depends not only on the future outlook of the current and potential Dogness International'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. Dogness International's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 10.9 M | |
| Cash And Short Term Investments | 7 M |
Dogness International Technical Analysis
Dogness International's future price can be derived by breaking down and analyzing its technical indicators over time. Dogness Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Dogness International Corp. In general, you should focus on analyzing Dogness Stock price patterns and their correlations with different microeconomic environments and drivers.
Dogness International Predictive Forecast Models
Dogness International's time-series forecasting models is one of many Dogness International'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 Dogness International'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 Dogness International
Checking the ongoing alerts about Dogness International for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Dogness International help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Dogness International is way too risky over 90 days horizon | |
| Dogness International appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 14.85 M. Net Loss for the year was (6.06 M) with profit before overhead, payroll, taxes, and interest of 3.66 M. | |
| About 55.0% of the company shares are held by company insiders | |
| Latest headline from gurufocus.com: DOGZ Stock Plummets Amidst Lackluster Financial Performance |
Additional Tools for Dogness Stock Analysis
When running Dogness International's price analysis, check to measure Dogness International'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 Dogness International is operating at the current time. Most of Dogness International's value examination focuses on studying past and present price action to predict the probability of Dogness International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dogness International's price. Additionally, you may evaluate how the addition of Dogness International to your portfolios can decrease your overall portfolio volatility.