Dia target price?
11/12/2024 00:39am
The target price for the SPDR Dow Jones Industrial Average ETF Trust (DIA) is not currently available. However, based on the information available, we can make an informed assumption.
1. **Recent Price Range**: The lowest price for DIA in the past 12 months was $342.23, while the highest price was $441.70.
2. **Options Availability**: The options chain for DIA includes a put contract at $435.00 strike price with a current bid of $5.50, and a call contract at $442.50 strike price with a current bid of $5.95.
3. **Market Performance and Volatility**: DIA has a low volatility profile, with a low beta and a high quality factor score, indicating a stable investment.
4. **Inflows and Outflows**: There has been a recent inflow of approximately $209.0 million dollars, which represents a 0.6% increase in outstanding units. This could suggest that investor interest is growing, which may lead to higher prices.
5. **Technical Analysis**: The 200-day moving average is $433.20, which is above the current trading price of $420.91. This could indicate a potential upside in the stock price.
Given these points, a reasonable target price for DIA could be around $435.00 to $442.50, considering the options availability and the recent inflow of funds. However, it's important to note that these are assumptions based on available data and market conditions, and the actual target price may vary.