DICKS Sporting (Germany) Probability of Future Stock Price Finishing Under 186.6
| DSG Stock | EUR 200.45 8.05 3.86% |
DICKS |
DICKS Sporting Target Price Odds to finish below 186.6
The tendency of DICKS 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 drop to € 186.60 or more in 90 days |
| 200.45 | 90 days | 186.60 | about 34.5 |
Based on a normal probability distribution, the odds of DICKS Sporting to drop to € 186.60 or more in 90 days from now is about 34.5 (This DICKS Sporting Goods probability density function shows the probability of DICKS Stock to fall within a particular range of prices over 90 days) . Probability of DICKS Sporting Goods price to stay between € 186.60 and its current price of €200.45 at the end of the 90-day period is about 54.66 .
Assuming the 90 days horizon the stock has the beta coefficient of 1.19 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, DICKS Sporting will likely underperform. Additionally DICKS Sporting Goods 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. DICKS Sporting Price Density |
| Price |
Predictive Modules for DICKS Sporting
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as DICKS Sporting Goods. 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.DICKS Sporting Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. DICKS Sporting is not an exception. The market had few large corrections towards the DICKS Sporting'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 DICKS Sporting Goods, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of DICKS Sporting within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.16 | |
β | Beta against Dow Jones | 1.19 | |
σ | Overall volatility | 8.44 | |
Ir | Information ratio | -0.06 |
DICKS Sporting 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 DICKS Sporting for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for DICKS Sporting Goods can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| DICKS Sporting Goods generated a negative expected return over the last 90 days | |
| DICKS Sporting Goods has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Over 100.0% of the company shares are held by institutions such as insurance companies |
DICKS Sporting 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 DICKS Stock often depends not only on the future outlook of the current and potential DICKS Sporting'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. DICKS Sporting's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 86.6 M |
DICKS Sporting Technical Analysis
DICKS Sporting's future price can be derived by breaking down and analyzing its technical indicators over time. DICKS Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of DICKS Sporting Goods. In general, you should focus on analyzing DICKS Stock price patterns and their correlations with different microeconomic environments and drivers.
DICKS Sporting Predictive Forecast Models
DICKS Sporting's time-series forecasting models is one of many DICKS Sporting'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 DICKS Sporting'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 DICKS Sporting Goods
Checking the ongoing alerts about DICKS Sporting for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for DICKS Sporting Goods help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| DICKS Sporting Goods generated a negative expected return over the last 90 days | |
| DICKS Sporting Goods has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Over 100.0% of the company shares are held by institutions such as insurance companies |
Additional Information and Resources on Investing in DICKS Stock
When determining whether DICKS Sporting Goods is a strong investment it is important to analyze DICKS Sporting's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact DICKS Sporting's future performance. For an informed investment choice regarding DICKS Stock, refer to the following important reports:Check out DICKS Sporting Backtesting, DICKS Sporting Valuation, DICKS Sporting Correlation, DICKS Sporting Hype Analysis, DICKS Sporting Volatility, DICKS Sporting History as well as DICKS Sporting Performance. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.