Douglas Dynamics Stock Probability of Future Stock Price Finishing Over 24.77
| PLOW Stock | USD 24.77 0.20 0.81% |
Douglas |
Douglas Dynamics Target Price Odds to finish over 24.77
The tendency of Douglas 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 |
| 24.77 | 90 days | 24.77 | about 87.12 |
Based on a normal probability distribution, the odds of Douglas Dynamics to move above the current price in 90 days from now is about 87.12 (This Douglas Dynamics probability density function shows the probability of Douglas 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 1.76 indicating as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Douglas Dynamics will likely underperform. Additionally Douglas Dynamics 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. Douglas Dynamics Price Density |
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Predictive Modules for Douglas Dynamics
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Douglas Dynamics. 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.Douglas Dynamics Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Douglas Dynamics is not an exception. The market had few large corrections towards the Douglas Dynamics' 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 Douglas Dynamics, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Douglas Dynamics within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.27 | |
β | Beta against Dow Jones | 1.76 | |
σ | Overall volatility | 1.44 | |
Ir | Information ratio | -0.09 |
Douglas Dynamics 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 Douglas Dynamics for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Douglas Dynamics can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Douglas Dynamics generated a negative expected return over the last 90 days | |
| Douglas Dynamics has a poor financial position based on the latest SEC disclosures | |
| Over 94.0% of the company shares are owned by institutional investors | |
| On 30th of September 2024 Douglas Dynamics paid $ 0.295 per share dividend to its current shareholders | |
| Latest headline from thelincolnianonline.com: Pzena Investment Management LLC Acquires 222,945 Shares of Douglas Dynamics, Inc. |
Douglas Dynamics 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 Douglas Stock often depends not only on the future outlook of the current and potential Douglas Dynamics' 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. Douglas Dynamics' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 23 M | |
| Cash And Short Term Investments | 24.2 M |
Douglas Dynamics Technical Analysis
Douglas Dynamics' future price can be derived by breaking down and analyzing its technical indicators over time. Douglas Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Douglas Dynamics. In general, you should focus on analyzing Douglas Stock price patterns and their correlations with different microeconomic environments and drivers.
Douglas Dynamics Predictive Forecast Models
Douglas Dynamics' time-series forecasting models is one of many Douglas Dynamics' 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 Douglas Dynamics' 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 Douglas Dynamics
Checking the ongoing alerts about Douglas Dynamics for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Douglas Dynamics help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Douglas Dynamics generated a negative expected return over the last 90 days | |
| Douglas Dynamics has a poor financial position based on the latest SEC disclosures | |
| Over 94.0% of the company shares are owned by institutional investors | |
| On 30th of September 2024 Douglas Dynamics paid $ 0.295 per share dividend to its current shareholders | |
| Latest headline from thelincolnianonline.com: Pzena Investment Management LLC Acquires 222,945 Shares of Douglas Dynamics, Inc. |
Additional Tools for Douglas Stock Analysis
When running Douglas Dynamics' price analysis, check to measure Douglas Dynamics' 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 Douglas Dynamics is operating at the current time. Most of Douglas Dynamics' value examination focuses on studying past and present price action to predict the probability of Douglas Dynamics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Douglas Dynamics' price. Additionally, you may evaluate how the addition of Douglas Dynamics to your portfolios can decrease your overall portfolio volatility.