DLH Holdings Stock Forecast - Daily Balance Of Power
| DLHC Stock | USD 11.30 0.33 2.84% |
DLH Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast DLH Holdings stock prices and determine the direction of DLH Holdings Corp's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of DLH Holdings' historical fundamentals, such as revenue growth or operating cash flow patterns. Although DLH Holdings' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of DLH Holdings' systematic risk associated with finding meaningful patterns of DLH Holdings fundamentals over time.
Check out Historical Fundamental Analysis of DLH Holdings to cross-verify your projections. DLH |
Open Interest Against 2024-04-19 DLH Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast DLH Holdings' spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in DLH Holdings' options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for DLH Holdings stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current DLH Holdings' open interest, investors have to compare it to DLH Holdings' spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of DLH Holdings is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in DLH. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in DLH Holdings cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the DLH Holdings' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets DLH Holdings' price structures and extracts relationships that further increase the generated results' accuracy.
Balance of Power indicator (or BOP) measures the strength of DLH Holdings Corp market sensitivity to bulls and bears. It estimates the ability of DLH Holdings buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring DLH Holdings Balance of Power indicator one can determine a trend of the price direction.| Check DLH Holdings Volatility | Backtest DLH Holdings | Information Ratio |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
| Compare DLH Holdings to competition |
Other Forecasting Options for DLH Holdings
For every potential investor in DLH, whether a beginner or expert, DLH Holdings' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. DLH Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in DLH. Basic forecasting techniques help filter out the noise by identifying DLH Holdings' price trends.DLH Holdings Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with DLH Holdings stock to make a market-neutral strategy. Peer analysis of DLH Holdings could also be used in its relative valuation, which is a method of valuing DLH Holdings by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
DLH Holdings Corp Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of DLH Holdings' price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of DLH Holdings' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
DLH Holdings Market Strength Events
Market strength indicators help investors to evaluate how DLH Holdings stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading DLH Holdings shares will generate the highest return on investment. By undertsting and applying DLH Holdings stock market strength indicators, traders can identify DLH Holdings Corp entry and exit signals to maximize returns.
| Accumulation Distribution | 1799.66 | |||
| Daily Balance Of Power | (0.66) | |||
| Rate Of Daily Change | 0.97 | |||
| Day Median Price | 11.45 | |||
| Day Typical Price | 11.4 | |||
| Price Action Indicator | (0.31) | |||
| Period Momentum Indicator | (0.33) | |||
| Relative Strength Index | 34.54 |
DLH Holdings Risk Indicators
The analysis of DLH Holdings' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in DLH Holdings' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting dlh stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.84 | |||
| Standard Deviation | 2.33 | |||
| Variance | 5.41 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Pair Trading with DLH Holdings
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 DLH Holdings 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 DLH Holdings will appreciate offsetting losses from the drop in the long position's value.Moving against DLH Stock
| 0.92 | KAR | KAR Auction Services Financial Report 7th of May 2024 | PairCorr |
| 0.91 | NL | NL Industries | PairCorr |
| 0.9 | BV | BrightView Holdings Financial Report 2nd of May 2024 | PairCorr |
| 0.85 | AL | Air Lease Financial Report 6th of May 2024 | PairCorr |
| 0.8 | TILE | Interface Financial Report 3rd of May 2024 | PairCorr |
The ability to find closely correlated positions to DLH Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DLH Holdings 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 DLH Holdings - 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 DLH Holdings Corp to buy it.
The correlation of DLH Holdings 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 DLH Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DLH Holdings Corp 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 DLH Holdings 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 Historical Fundamental Analysis of DLH Holdings to cross-verify your projections. Note that the DLH Holdings Corp information on this page should be used as a complementary analysis to other DLH Holdings' 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 Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Complementary Tools for DLH Stock analysis
When running DLH Holdings' price analysis, check to measure DLH Holdings' 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 DLH Holdings is operating at the current time. Most of DLH Holdings' value examination focuses on studying past and present price action to predict the probability of DLH Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DLH Holdings' price. Additionally, you may evaluate how the addition of DLH Holdings to your portfolios can decrease your overall portfolio volatility.
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Is DLH Holdings' 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 DLH Holdings. If investors know DLH 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 DLH Holdings 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 0.364 | Earnings Share 0.14 | Revenue Per Share 28.878 | Quarterly Revenue Growth 0.345 | Return On Assets 0.0495 |
The market value of DLH Holdings Corp is measured differently than its book value, which is the value of DLH that is recorded on the company's balance sheet. Investors also form their own opinion of DLH Holdings' value that differs from its market value or its book value, called intrinsic value, which is DLH Holdings' 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 DLH Holdings' market value can be influenced by many factors that don't directly affect DLH Holdings' 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 DLH Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if DLH Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DLH Holdings' 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.