Diamond Hill Investment Stock Technical Analysis

DHIL Stock  USD 155.60  4.04  2.53%   
As of the 17th of December 2024, Diamond Hill shows the Mean Deviation of 1.25, downside deviation of 1.32, and Semi Deviation of 1.25. Diamond Hill Investment 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. Please confirm Diamond Hill Investment information ratio, and the relationship between the downside deviation and value at risk to decide if Diamond Hill Investment is priced favorably, providing market reflects its regular price of 155.6 per share. Given that Diamond Hill has jensen alpha of (0.06), we urge you to verify Diamond Hill Investment's prevailing market performance to make sure the company can sustain itself at a future point.

Diamond Hill Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Diamond, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Diamond
  
Diamond Hill'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.
Diamond Hill 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 Diamond Hill technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Diamond Hill 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...

Diamond Hill Investment Technical Analysis

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The output start index for this execution was one with a total number of output elements of sixty. 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 Diamond Hill Investment volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Diamond Hill Investment Trend Analysis

Use this graph to draw trend lines for Diamond Hill Investment. You can use it to identify possible trend reversals for Diamond Hill 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 Diamond Hill price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Diamond Hill Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Diamond Hill Investment applied against its price change over selected period. The best fit line has a slop of   0.19  , which means Diamond Hill Investment will continue generating value for investors. It has 122 observation points and a regression sum of squares at 1400.85, which is the sum of squared deviations for the predicted Diamond Hill price change compared to its average price change.

About Diamond Hill 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 Diamond Hill Investment 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 Diamond Hill Investment based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Diamond Hill Investment price pattern first instead of the macroeconomic environment surrounding Diamond Hill Investment. By analyzing Diamond Hill'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 Diamond Hill'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 Diamond Hill specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2022 2023 2024 (projected)
PTB Ratio3.513.054.44
Dividend Yield0.05340.03620.0344

Diamond Hill December 17, 2024 Technical Indicators

Most technical analysis of Diamond 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 Diamond from various momentum indicators to cycle indicators. When you analyze Diamond 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.

Diamond Hill December 17, 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 Diamond 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 Diamond Hill Investment is a strong investment it is important to analyze Diamond Hill's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Diamond Hill's future performance. For an informed investment choice regarding Diamond Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Diamond Hill Investment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Is Asset Management & Custody Banks space 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 Diamond Hill. If investors know Diamond 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 Diamond Hill 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
1.431
Dividend Share
6
Earnings Share
17.6
Revenue Per Share
52.138
Quarterly Revenue Growth
0.097
The market value of Diamond Hill Investment is measured differently than its book value, which is the value of Diamond that is recorded on the company's balance sheet. Investors also form their own opinion of Diamond Hill's value that differs from its market value or its book value, called intrinsic value, which is Diamond Hill'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 Diamond Hill's market value can be influenced by many factors that don't directly affect Diamond Hill'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 Diamond Hill's value and its price as these two are different measures arrived at by different means. Investors typically determine if Diamond Hill is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Diamond Hill'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.