DHI Historical Valuation
| DHX Stock | USD 2.43 0.04 1.67% |
Some fundamental drivers such as market cap or DHI enterprice value can be analyzed from historical perspective to project value of the company into the future. Some investors analyze DHI Group valuation indicators such as Enterprise Value of 79.8 M to time the market or to short-sell their positions based on the trend in valuation ratios. It is a perfect tool to project the direction of DHI's future value.
DHI |
About DHI Valuation Data Analysis
Valuation is the financial process of determining what DHI is worth. DHI valuation ratios put that insight into the context of a company's share price, where they serve as useful tools for evaluating and utilizing investment potential. DHI valuation ratios help investors to determine whether DHI 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 DHI with respect to the benefits of owning DHI security.
DHI Valuation Data Chart
DHI valuation ratios help to determine how cheap or expensive it is, compared to its peers or based on some benchmark measure of value for a given date. A typical valuation ratio shows the difference between the cost of DHI equity instrument and the benefits of owning shares of DHI Group.
Market Cap is likely to rise to about 101.3 M in 2024. Enterprise Value is likely to rise to about 79.8 M in 2024 Pair Trading with DHI
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if DHI position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in DHI will appreciate offsetting losses from the drop in the long position's value.Moving together with DHI Stock
| 0.69 | AI | C3 Ai Inc Tech Boost | PairCorr |
Moving against DHI Stock
| 0.45 | DTRK | DATATRAK International | PairCorr |
| 0.42 | NOGWQ | Nogin Inc | PairCorr |
The ability to find closely correlated positions to DHI could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DHI when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back DHI - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling DHI Group to buy it.
The correlation of DHI is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as DHI moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DHI Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for DHI can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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 Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
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.
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges |
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.