Donegal Group A Stock Probability of Future Stock Price Finishing Over 17.52
| DGICA Stock | USD 15.51 0.03 0.19% |
Donegal |
Donegal Group Target Price Odds to finish over 17.52
The tendency of Donegal 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 move over $ 17.52 or more in 90 days |
| 15.51 | 90 days | 17.52 | near 1 |
Based on a normal probability distribution, the odds of Donegal Group to move over $ 17.52 or more in 90 days from now is near 1 (This Donegal Group A probability density function shows the probability of Donegal Stock to fall within a particular range of prices over 90 days) . Probability of Donegal Group A price to stay between its current price of $ 15.51 and $ 17.52 at the end of the 90-day period is about 45.1 .
Assuming the 90 days horizon Donegal Group has a beta of 0.0842 suggesting as returns on the market go up, Donegal Group average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Donegal Group A will be expected to be much smaller as well. Additionally Donegal Group A has an alpha of 0.1211, implying that it can generate a 0.12 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Donegal Group Price Density |
| Price |
Predictive Modules for Donegal Group
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Donegal Group A. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Donegal Group's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Donegal Group Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Donegal Group is not an exception. The market had few large corrections towards the Donegal Group'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 Donegal Group A, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Donegal Group within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.12 | |
β | Beta against Dow Jones | 0.08 | |
σ | Overall volatility | 0.81 | |
Ir | Information ratio | 0.05 |
Donegal Group 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 Donegal Group for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Donegal Group A can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Donegal Group A has accumulated 35 M in total debt with debt to equity ratio (D/E) of 0.07, which may suggest the company is not taking enough advantage from borrowing. Donegal Group A has a current ratio of 0.49, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Note, when we think about Donegal Group's use of debt, we should always consider it together with its cash and equity. | |
| Over 82.0% of Donegal Group shares are held by institutions such as insurance companies | |
| On 15th of November 2024 Donegal Group paid $ 0.1725 per share dividend to its current shareholders | |
| Latest headline from simplywall.st: Donegal Groups Dividend Will Be 0.1725 |
Donegal Group 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 Donegal Stock often depends not only on the future outlook of the current and potential Donegal Group'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. Donegal Group's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 33.1 M | |
| Cash And Short Term Investments | 360.5 M |
Donegal Group Technical Analysis
Donegal Group's future price can be derived by breaking down and analyzing its technical indicators over time. Donegal Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Donegal Group A. In general, you should focus on analyzing Donegal Stock price patterns and their correlations with different microeconomic environments and drivers.
Donegal Group Predictive Forecast Models
Donegal Group's time-series forecasting models is one of many Donegal Group'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 Donegal Group'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 Donegal Group A
Checking the ongoing alerts about Donegal Group for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Donegal Group A help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Donegal Group A has accumulated 35 M in total debt with debt to equity ratio (D/E) of 0.07, which may suggest the company is not taking enough advantage from borrowing. Donegal Group A has a current ratio of 0.49, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Note, when we think about Donegal Group's use of debt, we should always consider it together with its cash and equity. | |
| Over 82.0% of Donegal Group shares are held by institutions such as insurance companies | |
| On 15th of November 2024 Donegal Group paid $ 0.1725 per share dividend to its current shareholders | |
| Latest headline from simplywall.st: Donegal Groups Dividend Will Be 0.1725 |
Check out Donegal Group Backtesting, Donegal Group Valuation, Donegal Group Correlation, Donegal Group Hype Analysis, Donegal Group Volatility, Donegal Group History as well as Donegal Group Performance. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Is Property & Casualty Insurance 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 Donegal Group. If investors know Donegal 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 Donegal Group 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 1.057 | Dividend Share 0.685 | Earnings Share 0.75 | Revenue Per Share 29.304 | Quarterly Revenue Growth 0.076 |
The market value of Donegal Group A is measured differently than its book value, which is the value of Donegal that is recorded on the company's balance sheet. Investors also form their own opinion of Donegal Group's value that differs from its market value or its book value, called intrinsic value, which is Donegal Group'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 Donegal Group's market value can be influenced by many factors that don't directly affect Donegal Group'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 Donegal Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Donegal Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Donegal Group'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.