DHI Stock Forward View - Simple Moving Average
| DHX Stock | USD 2.57 0.08 3.21% |
DHI Group's Simple Moving Average reference page covers the model's projected value and error measures derived from recent price data. This information is intended as reference material for analytical purposes.
The Simple Moving Average forecasted value of DHI Group on the next trading day is expected to be 2.53 with a mean absolute deviation of 0.12 and the sum of the absolute errors of 6.87.The simple moving average model is conceptually a linear regression of the current value of DHI Group price series against current and previous (unobserved) value of DHI. In time series analysis, the simple moving-average model is a very common approach for modeling univariate price series models including forecasting prices into the future The forecast reference data presented here for DHI Group reflects Simple Moving Average model output and is intended as reference material for analytical use. Simple Moving Average Price Forecast For the 19th of March
Given 90 days horizon, the Simple Moving Average forecasted value of DHI Group on the next trading day is expected to be 2.53 with a mean absolute deviation of 0.12 , mean absolute percentage error of 0.03 , and the sum of the absolute errors of 6.87 .Please note that although there have been many attempts to predict DHI Stock prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that DHI's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Stock Forecast Pattern
| Backtest DHI | DHI Price Prediction | Research Analysis |
Forecasted Value
The next-day forecast for DHI Group focuses on identifying predictive downside and upside bands that can frame a realistic trading range. At the moment, the model places downside around 0.03 and upside around 9.16 for the forecasting period.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Simple Moving Average forecasting method's relative quality and the estimations of the prediction error of DHI stock data series using in forecasting. Note that when a statistical model is used to represent DHI stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | 110.9265 |
| Bias | Arithmetic mean of the errors | -0.0252 |
| MAD | Mean absolute deviation | 0.1164 |
| MAPE | Mean absolute percentage error | 0.0513 |
| SAE | Sum of the absolute errors | 6.865 |
Other Forecasting Options for DHI
Investors evaluating DHI at any level of experience must contend with the challenge of understanding DHI's price movement. The presence of noise in DHI Stock price charts can significantly complicate investment decisions.DHI Related Equities
The following equities are related to DHI within the Communication Services space and can be used for peer comparison, relative valuation, or portfolio diversification. Comparing DHI against peers on metrics such as P/E, margins, and return on equity helps contextualize its positioning and identify relative strengths or weaknesses.
| Risk & Return | Correlation |
DHI Market Strength Events
For investors tracking DHI Group, market strength indicators offer a quantitative way to evaluate how the stock behaves under varying market conditions. These metrics are widely used to refine market timing and identify the most favorable moments to trade DHI.
DHI Risk Indicators
Analyzing DHI's basic risk indicators provides investors with a structured view of the risk-return trade-off associated with dhi stock. Forecasting DHI's future price accurately requires understanding and quantifying the risks present in the investment.
| Mean Deviation | 4.23 | |||
| Semi Deviation | 4.39 | |||
| Standard Deviation | 6.48 | |||
| Variance | 41.97 | |||
| Downside Variance | 27.98 | |||
| Semi Variance | 19.25 | |||
| Expected Short fall | -4.62 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Story Coverage note for DHI
The amount of media and story coverage tied to DHI Group can signal where market attention is concentrating at the moment. Used properly, this context can help investors judge whether visibility is reinforcing the thesis or attracting more speculative pressure.
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DHI Short Properties
Short-interest signals around DHI Group can help investors judge whether skeptical positioning is starting to pressure price predictability and market tone. A disciplined short-interest review can make timing decisions more informed under rising skepticism.
| Common Stock Shares Outstanding | 44.8 M | |
| Cash And Short Term Investments | 2.9 M |