Doman Building Materials Stock Price Prediction

DBM Stock   9.58  0.07  0.73%   
The relative strength index (RSI) of Doman Building's share price is above 70 as of today suggesting that the stock is becoming overbought or overvalued. The idea behind Relative Strength Index (RSI) is that it helps to track how fast people are buying or selling Doman, making its price go up or down.

Oversold Vs Overbought

70

 
Oversold
 
Overbought
The successful prediction of Doman Building's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Doman Building Materials, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Doman Building's stock price prediction:
Quarterly Earnings Growth
(0.31)
EPS Estimate Next Quarter
0.1
EPS Estimate Current Year
0.6616
EPS Estimate Next Year
0.9247
Wall Street Target Price
11.5833
Using Doman Building hype-based prediction, you can estimate the value of Doman Building Materials from the perspective of Doman Building response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in Doman Building to buy its stock at a price that has no basis in reality. In that case, they are not buying Doman because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Doman Building after-hype prediction price

    
  CAD 9.56  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Doman Building Basic Forecasting Models to cross-verify your projections.
Intrinsic
Valuation
LowRealHigh
8.6110.5212.43
Details
Naive
Forecast
LowNextHigh
8.1410.0511.96
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.140.170.18
Details

Doman Building After-Hype Price Prediction Density Analysis

As far as predicting the price of Doman Building at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Doman Building or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Doman Building, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Doman Building Estimiated After-Hype Price Volatility

In the context of predicting Doman Building's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Doman Building's historical news coverage. Doman Building's after-hype downside and upside margins for the prediction period are 7.65 and 11.47, respectively. We have considered Doman Building's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
9.58
9.56
After-hype Price
11.47
Upside
Doman Building is not too volatile at this time. Analysis and calculation of next after-hype price of Doman Building Materials is based on 3 months time horizon.

Doman Building Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Doman Building is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Doman Building backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Doman Building, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.51 
1.91
  0.02 
  0.06 
4 Events / Month
1 Events / Month
In about 4 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
9.58
9.56
0.21 
4,775  
Notes

Doman Building Hype Timeline

Doman Building Materials is currently traded for 9.58on Toronto Exchange of Canada. The entity has historical hype elasticity of -0.02, and average elasticity to hype of competition of 0.06. Doman is expected to decline in value after the next headline, with the price expected to drop to 9.56. The average volatility of media hype impact on the company price is over 100%. The price drop on the next news is expected to be -0.21%, whereas the daily expected return is currently at 0.51%. The volatility of related hype on Doman Building is about 1591.67%, with the expected price after the next announcement by competition of 9.64. About 20.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.38. Some equities with similar Price to Book (P/B) outperform the market in the long run. Doman Building Materials last dividend was issued on the 27th of September 2024. The entity had 1:2 split on the 16th of May 2014. Assuming the 90 days trading horizon the next expected press release will be in about 4 days.
Check out Doman Building Basic Forecasting Models to cross-verify your projections.

Doman Building Related Hype Analysis

Having access to credible news sources related to Doman Building's direct competition is more important than ever and may enhance your ability to predict Doman Building's future price movements. Getting to know how Doman Building's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Doman Building may potentially react to the hype associated with one of its peers.

Doman Building Additional Predictive Modules

Most predictive techniques to examine Doman price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Doman using various technical indicators. When you analyze Doman charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Doman Building Predictive Indicators

The successful prediction of Doman Building stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Doman Building Materials, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Doman Building based on analysis of Doman Building hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Doman Building's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Doman Building's related companies.
 2021 2022 2023 2024 (projected)
Dividend Yield0.06570.09730.06750.0641
Price To Sales Ratio0.260.160.290.15

Story Coverage note for Doman Building

The number of cover stories for Doman Building depends on current market conditions and Doman Building's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Doman Building is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Doman Building's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Other Macroaxis Stories

Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios

Doman Building Short Properties

Doman Building's future price predictability will typically decrease when Doman Building's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Doman Building Materials often depends not only on the future outlook of the potential Doman Building'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. Doman Building's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding87 M
Cash And Short Term Investments40.2 M

Other Information on Investing in Doman Stock

Doman Building financial ratios help investors to determine whether Doman Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Doman with respect to the benefits of owning Doman Building security.