Diamond Hill Investment Stock Market Value
| DHIL Stock | USD 149.02 0.18 0.12% |
| Symbol | Diamond |
Diamond Hill Investment Price To Book Ratio
Is Asset Management & Custody Banks 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 Diamond Hill. If investors know Diamond 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 Diamond Hill listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.431 | Dividend Share 6 | Earnings Share 17.61 | Revenue Per Share | Quarterly Revenue Growth 0.097 |
The market value of Diamond Hill Investment is measured differently than its book value, which is the value of Diamond that is recorded on the company's balance sheet. Investors also form their own opinion of Diamond Hill's value that differs from its market value or its book value, called intrinsic value, which is Diamond Hill'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 Diamond Hill's market value can be influenced by many factors that don't directly affect Diamond Hill'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 Diamond Hill's value and its price as these two are different measures arrived at by different means. Investors typically determine if Diamond Hill is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Diamond Hill'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.
Diamond Hill 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Diamond Hill's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Diamond Hill.
| 09/03/2024 |
| 01/31/2025 |
If you would invest 0.00 in Diamond Hill on September 3, 2024 and sell it all today you would earn a total of 0.00 from holding Diamond Hill Investment or generate 0.0% return on investment in Diamond Hill over 150 days. Diamond Hill is related to or competes with Federated Premier, Blackrock Muniyield, NXG NextGen, Federated Investors, Blackrock Muniholdings, DTF Tax, and John Hancock. Diamond Hill Investment Group, Inc., through its subsidiary, Diamond Hill Capital Management, Inc., provides investment ... More
Diamond Hill Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Diamond Hill's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Diamond Hill Investment upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 10.59 | |||
| Value At Risk | (2.66) | |||
| Potential Upside | 2.3 |
Diamond Hill Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Diamond Hill's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Diamond Hill's standard deviation. In reality, there are many statistical measures that can use Diamond Hill historical prices to predict the future Diamond Hill's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.22) | |||
| Treynor Ratio | (0.07) |
Diamond Hill Investment Backtested Returns
As of now, Diamond Stock is very steady. Diamond Hill Investment secures Sharpe Ratio (or Efficiency) of close to zero, which denotes the company had a close to zero % return per unit of standard deviation over the last 3 months. We have found twenty-three technical indicators for Diamond Hill Investment, which you can use to evaluate the volatility of the firm. Please confirm Diamond Hill's Mean Deviation of 1.1, standard deviation of 1.62, and Coefficient Of Variation of (4,495) to check if the risk estimate we provide is consistent with the expected return of 0.0015%. The firm shows a Beta (market volatility) of 0.67, which means possible diversification benefits within a given portfolio. As returns on the market increase, Diamond Hill's returns are expected to increase less than the market. However, during the bear market, the loss of holding Diamond Hill is expected to be smaller as well. Diamond Hill Investment right now shows a risk of 1.62%. Please confirm Diamond Hill Investment standard deviation, kurtosis, period momentum indicator, as well as the relationship between the maximum drawdown and day median price , to decide if Diamond Hill Investment will be following its price patterns.
Auto-correlation | -0.13 |
Insignificant reverse predictability
Diamond Hill Investment has insignificant reverse predictability. Overlapping area represents the amount of predictability between Diamond Hill time series from 3rd of September 2024 to 17th of November 2024 and 17th of November 2024 to 31st of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Diamond Hill Investment price movement. The serial correlation of -0.13 indicates that less than 13.0% of current Diamond Hill price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.13 | |
| Spearman Rank Test | -0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 57.06 |
Diamond Hill Investment lagged returns against current returns
Autocorrelation, which is Diamond Hill stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Diamond Hill's stock expected returns. We can calculate the autocorrelation of Diamond Hill returns to help us make a trade decision. For example, suppose you find that Diamond Hill has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Diamond Hill regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Diamond Hill stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Diamond Hill stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Diamond Hill stock over time.
Current vs Lagged Prices |
| Timeline |
Diamond Hill Lagged Returns
When evaluating Diamond Hill's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Diamond Hill stock have on its future price. Diamond Hill autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Diamond Hill autocorrelation shows the relationship between Diamond Hill stock current value and its past values and can show if there is a momentum factor associated with investing in Diamond Hill Investment.
Regressed Prices |
| Timeline |
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Diamond Hill technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.