Danaher Stock Odds of Future Stock Price Finishing Under 235.51
| DHR Stock | USD 246.84 0.05 0.02% |
Danaher |
Danaher Target Price Odds to finish below 235.51
The tendency of Danaher 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 $ 235.51 or more in 90 days |
| 246.84 | 90 days | 235.51 | near 1 |
Based on a normal probability distribution, the odds of Danaher to drop to $ 235.51 or more in 90 days from now is near 1 (This Danaher probability density function shows the probability of Danaher Stock to fall within a particular range of prices over 90 days) . Probability of Danaher price to stay between $ 235.51 and its current price of $246.84 at the end of the 90-day period is about 39.37 .
Considering the 90-day investment horizon Danaher has a beta of 0.21 suggesting as returns on the market go up, Danaher average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Danaher will be expected to be much smaller as well. Additionally Danaher has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Danaher Price Density |
| Price |
Predictive Modules for Danaher
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Danaher. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Danaher's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Danaher Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Danaher is not an exception. The market had few large corrections towards the Danaher'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 Danaher, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Danaher within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.0022 | |
β | Beta against NYSE Composite | 0.21 | |
σ | Overall volatility | 5.13 | |
Ir | Information ratio | -0.03 |
Danaher 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 Danaher for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Danaher can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Over 82.0% of the company shares are held by institutions such as insurance companies | |
| On 26th of April 2024 Danaher paid $ 0.27 per share dividend to its current shareholders |
Danaher 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 Danaher Stock often depends not only on the future outlook of the current and potential Danaher'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. Danaher's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 743.1 M | |
| Cash And Short Term Investments | 5.9 B |
Danaher Technical Analysis
Danaher's future price can be derived by breaking down and analyzing its technical indicators over time. Danaher Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Danaher. In general, you should focus on analyzing Danaher Stock price patterns and their correlations with different microeconomic environments and drivers.
Danaher Predictive Forecast Models
Danaher's time-series forecasting models is one of many Danaher'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 Danaher'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 Danaher
Checking the ongoing alerts about Danaher for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Danaher help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Over 82.0% of the company shares are held by institutions such as insurance companies | |
| On 26th of April 2024 Danaher paid $ 0.27 per share dividend to its current shareholders |
Check out Danaher Backtesting, Danaher Valuation, Danaher Correlation, Danaher Hype Analysis, Danaher Volatility, Danaher History as well as Danaher Performance. To learn how to invest in Danaher Stock, please use our How to Invest in Danaher guide.Note that the Danaher information on this page should be used as a complementary analysis to other Danaher's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Danaher Stock analysis
When running Danaher's price analysis, check to measure Danaher's 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 Danaher is operating at the current time. Most of Danaher's value examination focuses on studying past and present price action to predict the probability of Danaher's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Danaher's price. Additionally, you may evaluate how the addition of Danaher to your portfolios can decrease your overall portfolio volatility.
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Stocks Directory Find actively traded stocks across global markets | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance |
Is Danaher's industry 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 Danaher. If investors know Danaher 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 Danaher listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Danaher is measured differently than its book value, which is the value of Danaher that is recorded on the company's balance sheet. Investors also form their own opinion of Danaher's value that differs from its market value or its book value, called intrinsic value, which is Danaher'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 Danaher's market value can be influenced by many factors that don't directly affect Danaher'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 Danaher's value and its price as these two are different measures arrived at by different means. Investors typically determine if Danaher is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Danaher'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.