Dicks Sporting Goods Stock Probability of Future Stock Price Finishing Under 200.80
| DKS Stock | USD 197.33 1.46 0.73% |
Closest to current price Dicks long CALL Option Payoff at Expiration
Dicks |
Dicks Sporting Target Price Odds to finish below 200.80
The tendency of Dicks 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 stay under $ 200.80 after 90 days |
| 197.33 | 90 days | 200.80 | about 15.62 |
Based on a normal probability distribution, the odds of Dicks Sporting to stay under $ 200.80 after 90 days from now is about 15.62 (This Dicks Sporting Goods probability density function shows the probability of Dicks Stock to fall within a particular range of prices over 90 days) . Probability of Dicks Sporting Goods price to stay between its current price of $ 197.33 and $ 200.80 at the end of the 90-day period is about 6.26 .
Considering the 90-day investment horizon Dicks Sporting has a beta of 0.88 suggesting Dicks Sporting Goods market returns are related to returns on the market. As the market goes up or down, Dicks Sporting is expected to follow. Additionally Dicks Sporting Goods has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Dicks Sporting Price Density |
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Predictive Modules for Dicks Sporting
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Dicks Sporting Goods. 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.Dicks Sporting Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Dicks Sporting is not an exception. The market had few large corrections towards the Dicks Sporting'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 Dicks Sporting Goods, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Dicks Sporting within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.17 | |
β | Beta against Dow Jones | 0.88 | |
σ | Overall volatility | 11.34 | |
Ir | Information ratio | -0.09 |
Dicks Sporting 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 Dicks Sporting for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Dicks Sporting Goods can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Dicks Sporting Goods generated a negative expected return over the last 90 days | |
| Dicks Sporting Goods has a poor financial position based on the latest SEC disclosures | |
| Over 94.0% of the company shares are held by institutions such as insurance companies | |
| On 4th of October 2024 Dicks Sporting paid $ 1.1 per share dividend to its current shareholders | |
| Latest headline from zacks.com: Why Dicks Sporting Goods is a Top Value Stock for the Long-Term |
Dicks Sporting 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 Dicks Stock often depends not only on the future outlook of the current and potential Dicks Sporting'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. Dicks Sporting's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 85.9 M | |
| Cash And Short Term Investments | 1.8 B |
Dicks Sporting Technical Analysis
Dicks Sporting's future price can be derived by breaking down and analyzing its technical indicators over time. Dicks Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Dicks Sporting Goods. In general, you should focus on analyzing Dicks Stock price patterns and their correlations with different microeconomic environments and drivers.
Dicks Sporting Predictive Forecast Models
Dicks Sporting's time-series forecasting models is one of many Dicks Sporting'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 Dicks Sporting'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 Dicks Sporting Goods
Checking the ongoing alerts about Dicks Sporting for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Dicks Sporting Goods help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Dicks Sporting Goods generated a negative expected return over the last 90 days | |
| Dicks Sporting Goods has a poor financial position based on the latest SEC disclosures | |
| Over 94.0% of the company shares are held by institutions such as insurance companies | |
| On 4th of October 2024 Dicks Sporting paid $ 1.1 per share dividend to its current shareholders | |
| Latest headline from zacks.com: Why Dicks Sporting Goods is a Top Value Stock for the Long-Term |
Additional Tools for Dicks Stock Analysis
When running Dicks Sporting's price analysis, check to measure Dicks Sporting'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 Dicks Sporting is operating at the current time. Most of Dicks Sporting's value examination focuses on studying past and present price action to predict the probability of Dicks Sporting's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dicks Sporting's price. Additionally, you may evaluate how the addition of Dicks Sporting to your portfolios can decrease your overall portfolio volatility.