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Asset Summary

Daily Performance Report for DHI ETF: Nov 6, 2024

Summary: The day started with DHI ETF opening at $175.3 and closing at $166.25. The ETF showed weakness throughout the day, with the highest price observed at $178 and the lowest at $159.76. The underlying asset had a trading range of $18.24 Overall, it was a negative trading day for DHI ETF, reflecting investor pessimism and market activity.

Change in Closing Price: There was a net decrease of $-9.05 or -5.16% in the closing price from the opening to the closing price over the day.

Volume Analysis: Trading volume for DHI ETF was 6,567,505 units during Nov 6, 2024, indicating active market participation and investor interest.

Opening Price: The day started at $175.3.

Highest Price: The highest price observed during the day was $178.

Lowest Price: The lowest price observed during the day was $159.76.

Closing Price: The day ended at $166.25.

Asset Performance Metrics and Risk Characteristics:

Understanding asset performance is crucial for evaluating investment quality and making informed decisions. Metrics like trailing return and drawdown provide insights into how an asset has performed over time, its volatility, and the efficiency of its returns relative to risk. Performance indicators help assess the stability, risk, and reward of an investment, allowing investors and portfolio managers to make comparisons and strategize accordingly.

Asset Technical Analysis

Technical analysis involves evaluating an asset's price and volume data to forecast future movements and make informed trading decisions. By using various technical indicators and chart patterns, investors can gain insights into market trends, price momentum, and potential turning points. This section delves into essential technical metrics, including moving averages, pivot points, and other indicators that provide a snapshot of an asset's current technical stance. Analyzing these indicators helps investors identify entry and exit points, assess market sentiment, and refine their trading strategies. Explore the following technical analysis data to understand the asset's performance dynamics and make better-informed decisions.

Moving Averages

Moving Averages are commonly used to smooth out price data and identify trends over a specific period. Here’s a summary of the latest moving averages for various periods:

  • SMA (Simple Moving Average): Reflects the average price over a specific number of periods.
  • EMA (Exponential Moving Average): Gives more weight to recent prices, making it more responsive to new information.
  • WMA (Weighted Moving Average): Assigns a weight to each price, emphasizing more recent prices.
  • WEMA (Weighted Exponential Moving Average): Combines elements of both WMA and EMA for a more responsive moving average.

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Frequently Asked Questions

For the latest financial results, please visit D.R. Horton’s investor relations page or check financial news sources.

D.R. Horton emphasizes quality construction, responsive customer service, and ensuring customer needs are met throughout the homebuying process.

D.R. Horton builds a variety of single-family homes, catering to different markets and price points across the U.S.

Yes, D.R. Horton has historically paid dividends to its shareholders, providing a return on investment.

Analysts provide varied opinions; for current insights and recommendations, refer to financial news platforms and investment research.

Market capitalization can vary; check financial market websites for the most up-to-date figures on D.R. Horton.

Factors include housing market trends, interest rates, economic indicators, and quarterly earnings reports.

D.R. Horton adapts by adjusting its homebuilding strategies, managing inventory, and focusing on demand trends in various markets.

D.R. Horton focuses on expanding into new markets, developing new communities, and enhancing customer service and home quality.

D.R. Horton stock can be purchased through brokerage accounts or by consulting with a financial advisor.

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Disclaimers

The information displayed on this site is sourced from third-party providers and is believed to be reliable. RankMyTrade (RMT) has not independently verified this data and does not guarantee its accuracy. The information and calculations provided by RankMyTrade are for educational and informational purposes only and should not be construed as financial or investment advice.

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