Dte Energy Stock Probability of Future Stock Price Finishing Over 120.19
| DTE Stock | USD 120.76 0.51 0.42% |
DTE |
DTE Energy Target Price Odds to finish over 120.19
The tendency of DTE 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 above $ 120.19 in 90 days |
| 120.76 | 90 days | 120.19 | about 79.68 |
Based on a normal probability distribution, the odds of DTE Energy to stay above $ 120.19 in 90 days from now is about 79.68 (This DTE Energy probability density function shows the probability of DTE Stock to fall within a particular range of prices over 90 days) . Probability of DTE Energy price to stay between $ 120.19 and its current price of $120.76 at the end of the 90-day period is about 5.43 .
Considering the 90-day investment horizon DTE Energy has a beta of 0.23 suggesting as returns on the market go up, DTE Energy average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding DTE Energy will be expected to be much smaller as well. Additionally DTE Energy 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. DTE Energy Price Density |
| Price |
Predictive Modules for DTE Energy
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as DTE Energy. 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 DTE Energy'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.
DTE Energy Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. DTE Energy is not an exception. The market had few large corrections towards the DTE Energy'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 DTE Energy, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of DTE Energy within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.06 | |
β | Beta against Dow Jones | 0.23 | |
σ | Overall volatility | 3.18 | |
Ir | Information ratio | -0.07 |
DTE Energy 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 DTE Energy for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for DTE Energy can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| DTE Energy generated a negative expected return over the last 90 days | |
| DTE Energy has 20.97 B in debt with debt to equity (D/E) ratio of 2.22, meaning that the company heavily relies on borrowing funds for operations. DTE Energy has a current ratio of 0.77, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for DTE to invest in growth at high rates of return. | |
| DTE Energy has a strong financial position based on the latest SEC filings | |
| Over 78.0% of DTE Energy shares are held by institutions such as insurance companies | |
| Latest headline from zacks.com: Southern Company Rises 18 percent YTD Time to Buy, Sell or Hold |
DTE Energy 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 DTE Stock often depends not only on the future outlook of the current and potential DTE Energy'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. DTE Energy's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 206 M | |
| Cash And Short Term Investments | 26 M |
DTE Energy Technical Analysis
DTE Energy's future price can be derived by breaking down and analyzing its technical indicators over time. DTE Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of DTE Energy. In general, you should focus on analyzing DTE Stock price patterns and their correlations with different microeconomic environments and drivers.
DTE Energy Predictive Forecast Models
DTE Energy's time-series forecasting models is one of many DTE Energy'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 DTE Energy'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 DTE Energy
Checking the ongoing alerts about DTE Energy for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for DTE Energy help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| DTE Energy generated a negative expected return over the last 90 days | |
| DTE Energy has 20.97 B in debt with debt to equity (D/E) ratio of 2.22, meaning that the company heavily relies on borrowing funds for operations. DTE Energy has a current ratio of 0.77, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for DTE to invest in growth at high rates of return. | |
| DTE Energy has a strong financial position based on the latest SEC filings | |
| Over 78.0% of DTE Energy shares are held by institutions such as insurance companies | |
| Latest headline from zacks.com: Southern Company Rises 18 percent YTD Time to Buy, Sell or Hold |
Check out DTE Energy Backtesting, DTE Energy Valuation, DTE Energy Correlation, DTE Energy Hype Analysis, DTE Energy Volatility, DTE Energy History as well as DTE Energy Performance. For information on how to trade DTE Stock refer to our How to Trade DTE Stock guide.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 Multi-Utilities 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 DTE Energy. If investors know DTE 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 DTE Energy 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 0.425 | Dividend Share 4.08 | Earnings Share 7.38 | Revenue Per Share 60.048 | Quarterly Revenue Growth 0.006 |
The market value of DTE Energy is measured differently than its book value, which is the value of DTE that is recorded on the company's balance sheet. Investors also form their own opinion of DTE Energy's value that differs from its market value or its book value, called intrinsic value, which is DTE Energy'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 DTE Energy's market value can be influenced by many factors that don't directly affect DTE Energy'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 DTE Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if DTE Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DTE Energy'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.