Dhi Group Stock Technical Analysis

DHX Stock  USD 2.60  0.02  0.78%   
As of the 28th of March, DHI shows the mean deviation of 3.39, and Downside Deviation of 4.1. DHI Group technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We have analyze and collected data for nineteen technical drivers for DHI Group, which can be compared to its rivals. Please confirm DHI Group information ratio, as well as the relationship between the potential upside and kurtosis to decide if DHI Group is priced some-what accurately, providing market reflects its regular price of 2.6 per share. Please also check DHI Group total risk alpha, which is currently at (0.88) to verify the company can sustain itself in the future.

DHI Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as DHI, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to DHI
  
DHI's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

DHI Analyst Consensus

Target PriceAdvice# of Analysts
8.0Strong Buy3Odds
DHI Group current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most DHI analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand DHI stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of DHI Group, talking to its executives and customers, or listening to DHI conference calls.
DHI Analyst Advice Details
DHI 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.
A focus of DHI technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of DHI trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

DHI Group Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was three with a total number of output elements of fifty-eight. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of DHI Group volatility. High ATR values indicate high volatility, and low values indicate low volatility.

DHI Group Trend Analysis

Use this graph to draw trend lines for DHI Group. You can use it to identify possible trend reversals for DHI as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual DHI price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

DHI Best Fit Change Line

The following chart estimates an ordinary least squares regression model for DHI Group applied against its price change over selected period. The best fit line has a slop of   0.01  , which may imply that DHI Group will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 1.03, which is the sum of squared deviations for the predicted DHI price change compared to its average price change.

About DHI Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of DHI Group on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of DHI Group based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on DHI Group price pattern first instead of the macroeconomic environment surrounding DHI Group. By analyzing DHI's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of DHI's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to DHI specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2023 2024 (projected)
Dividend Yield0.390.37
Price To Sales Ratio0.741.25

DHI March 28, 2024 Technical Indicators

Most technical analysis of DHI help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for DHI from various momentum indicators to cycle indicators. When you analyze DHI charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

DHI March 28, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as DHI stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
When determining whether DHI Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of DHI's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Dhi Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Dhi Group Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DHI Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
Note that the DHI Group information on this page should be used as a complementary analysis to other DHI'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 Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

Complementary Tools for DHI Stock analysis

When running DHI's price analysis, check to measure DHI'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 DHI is operating at the current time. Most of DHI's value examination focuses on studying past and present price action to predict the probability of DHI's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DHI's price. Additionally, you may evaluate how the addition of DHI to your portfolios can decrease your overall portfolio volatility.
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Is DHI'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 DHI. If investors know DHI 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 DHI 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
(0.02)
Earnings Share
0.08
Revenue Per Share
3.486
Quarterly Revenue Growth
(0.06)
Return On Assets
0.0241
The market value of DHI Group is measured differently than its book value, which is the value of DHI that is recorded on the company's balance sheet. Investors also form their own opinion of DHI's value that differs from its market value or its book value, called intrinsic value, which is DHI'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 DHI's market value can be influenced by many factors that don't directly affect DHI'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 DHI's value and its price as these two are different measures arrived at by different means. Investors typically determine if DHI is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DHI'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.