Domo Inc Stock Chance of Future Stock Price Finishing Under 9.28
| DOMO Stock | USD 9.28 0.06 0.64% |
Domo |
Domo Target Price Odds to finish below 9.28
The tendency of Domo 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 below current price in 90 days |
| 9.28 | 90 days | 9.28 | about 97.0 |
Based on a normal probability distribution, the odds of Domo to move below current price in 90 days from now is about 97.0 (This Domo Inc probability density function shows the probability of Domo Stock to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.35 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Domo will likely underperform. Additionally Domo Inc has an alpha of 0.1178, implying that it can generate a 0.12 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Domo Price Density |
| Price |
Predictive Modules for Domo
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Domo Inc. 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.Domo Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Domo is not an exception. The market had few large corrections towards the Domo'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 Domo Inc, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Domo within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.12 | |
β | Beta against Dow Jones | 1.35 | |
σ | Overall volatility | 0.75 | |
Ir | Information ratio | 0.06 |
Domo 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 Domo for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Domo Inc can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Domo Inc has high likelihood to experience some financial distress in the next 2 years | |
| Domo Inc has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Domo Inc currently holds 129.48 M in liabilities with Debt to Equity (D/E) ratio of 455.5, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Domo Inc has a current ratio of 0.66, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Domo's use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 318.99 M. Net Loss for the year was (75.57 M) with profit before overhead, payroll, taxes, and interest of 235.57 M. | |
| About 73.0% of Domo shares are held by institutions such as insurance companies | |
| Latest headline from gurufocus.com: AMERIPRISE FINANCIAL INCs Strategic Acquisition of Domo Inc Shares |
Domo 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 Domo Stock often depends not only on the future outlook of the current and potential Domo'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. Domo's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 36 M | |
| Cash And Short Term Investments | 60.9 M |
Domo Technical Analysis
Domo's future price can be derived by breaking down and analyzing its technical indicators over time. Domo Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Domo Inc. In general, you should focus on analyzing Domo Stock price patterns and their correlations with different microeconomic environments and drivers.
Domo Predictive Forecast Models
Domo's time-series forecasting models is one of many Domo'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 Domo'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 Domo Inc
Checking the ongoing alerts about Domo for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Domo Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Domo Inc has high likelihood to experience some financial distress in the next 2 years | |
| Domo Inc has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Domo Inc currently holds 129.48 M in liabilities with Debt to Equity (D/E) ratio of 455.5, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Domo Inc has a current ratio of 0.66, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Domo's use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 318.99 M. Net Loss for the year was (75.57 M) with profit before overhead, payroll, taxes, and interest of 235.57 M. | |
| About 73.0% of Domo shares are held by institutions such as insurance companies | |
| Latest headline from gurufocus.com: AMERIPRISE FINANCIAL INCs Strategic Acquisition of Domo Inc Shares |
Check out Domo Backtesting, Domo Valuation, Domo Correlation, Domo Hype Analysis, Domo Volatility, Domo History as well as Domo Performance. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Is Application Software 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 Domo. If investors know Domo 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 Domo listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.16) | Revenue Per Share 8.549 | Quarterly Revenue Growth (0.02) | Return On Assets (0.19) |
The market value of Domo Inc is measured differently than its book value, which is the value of Domo that is recorded on the company's balance sheet. Investors also form their own opinion of Domo's value that differs from its market value or its book value, called intrinsic value, which is Domo'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 Domo's market value can be influenced by many factors that don't directly affect Domo'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 Domo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Domo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Domo'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.