Donegal Group B Stock Technical Analysis

DGICB Stock  USD 12.80  0.15  1.19%   
As of the 7th of May, Donegal Group shows the Standard Deviation of 2.59, mean deviation of 1.66, and Variance of 6.7. Donegal Group B 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. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to break down thirteen technical drivers for Donegal Group B, which can be compared to its peers. Please confirm Donegal Group B treynor ratio, as well as the relationship between the value at risk and skewness to decide if Donegal Group B is priced favorably, providing market reflects its regular price of 12.8 per share. Given that Donegal Group has information ratio of (0.11), we urge you to verify Donegal Group B's prevailing market performance to make sure the company can sustain itself at a future point.

Donegal Group Momentum Analysis

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

Donegal Group B Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Donegal Group B volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Donegal Group B Trend Analysis

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

Donegal Group Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Donegal Group B applied against its price change over selected period. The best fit line has a slop of   0.04  , which may suggest that Donegal Group B market price will keep on failing further. It has 122 observation points and a regression sum of squares at 67.51, which is the sum of squared deviations for the predicted Donegal Group price change compared to its average price change.

About Donegal Group 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 Donegal Group B 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 Donegal Group B based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Donegal Group B price pattern first instead of the macroeconomic environment surrounding Donegal Group B. By analyzing Donegal Group'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 Donegal Group'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 Donegal Group specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2024 (projected)
Dividend Yield0.0440.04590.0298
Price To Sales Ratio0.53983K0.47

Donegal Group May 7, 2024 Technical Indicators

Most technical analysis of Donegal 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 Donegal from various momentum indicators to cycle indicators. When you analyze Donegal 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.
When determining whether Donegal Group B offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Donegal Group's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Donegal Group B Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Donegal Group B Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Donegal Group B. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
Note that the Donegal Group B information on this page should be used as a complementary analysis to other Donegal Group's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.

Complementary Tools for Donegal Stock analysis

When running Donegal Group's price analysis, check to measure Donegal Group'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 Donegal Group is operating at the current time. Most of Donegal Group's value examination focuses on studying past and present price action to predict the probability of Donegal Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Donegal Group's price. Additionally, you may evaluate how the addition of Donegal Group to your portfolios can decrease your overall portfolio volatility.
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Is Donegal Group's industry 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
0.128
Dividend Share
0.663
Earnings Share
0.16
Revenue Per Share
28.425
Quarterly Revenue Growth
0.073
The market value of Donegal Group B 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.