Doubledown Interactive Co Stock Price Prediction

DDI Stock  USD 11.31  0.48  4.07%   
As of 12th of December 2024, the relative strength index (RSI) of Doubledown Interactive's share price is approaching 46 suggesting that the stock is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling Doubledown Interactive, making its price go up or down.

Oversold Vs Overbought

46

 
Oversold
 
Overbought
The successful prediction of Doubledown Interactive's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Doubledown Interactive Co, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Doubledown Interactive's stock price prediction:
Quarterly Earnings Growth
(0.07)
EPS Estimate Next Quarter
0.57
EPS Estimate Current Year
2.345
EPS Estimate Next Year
2.295
Wall Street Target Price
21.75
Using Doubledown Interactive hype-based prediction, you can estimate the value of Doubledown Interactive Co from the perspective of Doubledown Interactive response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in Doubledown Interactive to buy its stock at a price that has no basis in reality. In that case, they are not buying Doubledown because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Doubledown Interactive after-hype prediction price

    
  USD 11.39  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Doubledown Interactive Basic Forecasting Models to cross-verify your projections.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Doubledown Interactive'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.
Intrinsic
Valuation
LowRealHigh
9.5613.0516.54
Details
Naive
Forecast
LowNextHigh
7.6511.1414.63
Details
4 Analysts
Consensus
LowTargetHigh
15.3016.8118.66
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.580.590.59
Details

Doubledown Interactive After-Hype Price Prediction Density Analysis

As far as predicting the price of Doubledown Interactive at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Doubledown Interactive or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Doubledown Interactive, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Doubledown Interactive Estimiated After-Hype Price Volatility

In the context of predicting Doubledown Interactive's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Doubledown Interactive's historical news coverage. Doubledown Interactive's after-hype downside and upside margins for the prediction period are 7.90 and 14.88, respectively. We have considered Doubledown Interactive's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
11.31
11.39
After-hype Price
14.88
Upside
Doubledown Interactive is somewhat reliable at this time. Analysis and calculation of next after-hype price of Doubledown Interactive is based on 3 months time horizon.

Doubledown Interactive Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Doubledown Interactive is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Doubledown Interactive backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Doubledown Interactive, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.17 
3.52
  0.09 
  0.02 
9 Events / Month
5 Events / Month
In about 9 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
11.31
11.39
0.71 
704.00  
Notes

Doubledown Interactive Hype Timeline

On the 12th of December 2024 Doubledown Interactive is traded for 11.31. The entity has historical hype elasticity of 0.09, and average elasticity to hype of competition of -0.02. Doubledown is forecasted to increase in value after the next headline, with the price projected to jump to 11.39 or above. The average volatility of media hype impact on the company the price is over 100%. The price growth on the next news is projected to be 0.71%, whereas the daily expected return is currently at -0.17%. The volatility of related hype on Doubledown Interactive is about 3249.23%, with the expected price after the next announcement by competition of 11.29. The company reported the last year's revenue of 308.86 M. Total Income to common stockholders was 101.66 M with profit before taxes, overhead, and interest of 211.72 M. Considering the 90-day investment horizon the next forecasted press release will be in about 9 days.
Check out Doubledown Interactive Basic Forecasting Models to cross-verify your projections.

Doubledown Interactive Related Hype Analysis

Having access to credible news sources related to Doubledown Interactive's direct competition is more important than ever and may enhance your ability to predict Doubledown Interactive's future price movements. Getting to know how Doubledown Interactive's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Doubledown Interactive may potentially react to the hype associated with one of its peers.

Doubledown Interactive Additional Predictive Modules

Most predictive techniques to examine Doubledown price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Doubledown using various technical indicators. When you analyze Doubledown charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Doubledown Interactive Predictive Indicators

The successful prediction of Doubledown Interactive stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Doubledown Interactive Co, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Doubledown Interactive based on analysis of Doubledown Interactive hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Doubledown Interactive's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Doubledown Interactive's related companies.
 2021 2022 2023 2024 (projected)
Days Sales Outstanding21.9824.138.2420.96
PTB Ratio0.830.670.50.48

Story Coverage note for Doubledown Interactive

The number of cover stories for Doubledown Interactive depends on current market conditions and Doubledown Interactive's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Doubledown Interactive is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Doubledown Interactive's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Other Macroaxis Stories

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Doubledown Interactive Short Properties

Doubledown Interactive's future price predictability will typically decrease when Doubledown Interactive's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Doubledown Interactive Co often depends not only on the future outlook of the potential Doubledown Interactive'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. Doubledown Interactive's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding49.6 M
Cash And Short Term Investments275 M

Complementary Tools for Doubledown Stock analysis

When running Doubledown Interactive's price analysis, check to measure Doubledown Interactive'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 Doubledown Interactive is operating at the current time. Most of Doubledown Interactive's value examination focuses on studying past and present price action to predict the probability of Doubledown Interactive's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Doubledown Interactive's price. Additionally, you may evaluate how the addition of Doubledown Interactive to your portfolios can decrease your overall portfolio volatility.
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