Trader Robot's Weekly Feat: +6.41% Gain on $DG
One AI trading robot that recently caught our attention is the "Swing Trader for Beginners: Trading in Markets Trending Down (TA&FA)." Over the past week, this bot factory demonstrated impressive performance, generating a substantial 6.41% gain while trading DG (Dollar General Corporation). In this article, we delve into DG's recent momentum indicator, earnings report, and dividend information, shedding light on the factors driving this stock's movement.
Momentum Indicator Turns Positive
DG exhibited a significant development on October 13, 2023, when its Momentum Indicator crossed above the 0 level. This shift suggests that the stock may be poised for a new upward trend. Traders now face a pivotal decision: consider buying the stock or explore call options. To evaluate this further, we turn to Tickeron's A.I.dvisor, which analyzed 82 similar instances when the Momentum Indicator turned positive. In 60% of these cases, the stock moved higher in the days that followed. These statistics hint at favorable odds for DG's potential upward move.
Earnings Report Overview
The last earnings report for DG, released on August 31, 2023, showed earnings per share of $2.13. This figure missed the estimated earnings of $2.48. With 453.80K shares outstanding, DG's current market capitalization stands at approximately $24.93 billion. This earnings miss is worth noting, as it could impact investor sentiment and future trading decisions.
Dividend Details
DG is set to pay a dividend of $0.59 per share, with a record date of October 24, 2023, and an ex-dividend date of October 06, 2023. For investors unfamiliar with ex-dividend dates, it's crucial to understand that this date precedes the record date by several business days. If shares are purchased on or after the ex-dividend date, the buyer will not receive the upcoming dividend payment. Instead, these dividends are retained by the seller. Buying shares before the ex-dividend date ensures eligibility to receive the dividend.
Market Cap Comparison
In the Discount Stores Industry, the average market capitalization hovers at around $62.68 billion. Companies in this industry showcase significant diversity in market valuations, ranging from as low as $1.78 thousand to as high as $434.47 billion. Notably, retail giant WMT (Walmart) boasts the highest valuation in this group, standing at $434.47 billion, while TUEMQ is the least valued company with a market cap of $1.78 thousand.
High and Low Price Fluctuations
The average weekly price growth for stocks in the Discount Stores Industry stands at 2%. However, when observed monthly, the average price growth dips to -4%, and on a quarterly basis, it falls further to -5%. DG stands out in this regard with an impressive 12% price growth over the week, which is notably higher than the industry average. Conversely, DQJCY experienced a significant 6% drop in price during the same period.
Volume Trends
Considering trading volumes, the average weekly volume growth across all Discount Stores Industry stocks is 1%. When assessed on a monthly basis, this average volume growth takes a considerable hit, dropping to -20%. On a quarterly basis, the average volume growth is -13%. Understanding volume trends is crucial for investors, as it can provide insights into market sentiment and liquidity.
In summary, DG's recent momentum indicator turning positive is a promising sign for traders. However, the missed earnings estimate should be taken into account, as it may influence investor decisions. Additionally, the upcoming dividend offers potential rewards for shareholders who plan their investments wisely. Keep an eye on DG's market capitalization, price fluctuations, and volume trends to navigate the dynamic world of AI trading effectively.
Momentum Indicator for DG turns negative, indicating new downward trend
DG saw its Momentum Indicator move below the 0 level on September 30, 2024. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 89 similar instances where the indicator turned negative. In of the 89 cases, the stock moved further down in the following days. The odds of a decline are at .
Technical Analysis (Indicators)
Bearish Trend Analysis
Following a 3-day decline, the stock is projected to fall further. Considering past instances where DG declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Bullish Trend Analysis
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where DG's RSI Oscillator exited the oversold zone, of 29 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 55 cases where DG's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for DG just turned positive on September 17, 2024. Looking at past instances where DG's MACD turned positive, the stock continued to rise in of 51 cases over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where DG advanced for three days, in of 306 cases, the price rose further within the following month. The odds of a continued upward trend are .
DG may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Fundamental Analysis (Ratings)
Tickeron has a negative outlook on this ticker and predicts a further decline by more than 4.00% within the next month with a likelihood of 68%.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (2.561) is normal, around the industry mean (7.972). P/E Ratio (13.152) is within average values for comparable stocks, (24.061). Projected Growth (PEG Ratio) (2.061) is also within normal values, averaging (3.039). Dividend Yield (0.028) settles around the average of (0.020) among similar stocks. P/S Ratio (0.469) is also within normal values, averaging (1.332).
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to consistent earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating slightly weaker than average sales and a marginally profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. DG’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. DG’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 50, placing this stock worse than average.
Notable companies
Industry description
Market Cap
High and low price notable news
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Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
an operator of retail stores
Industry DiscountStores