In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company.
Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down.
InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend.
Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.
What's Happening With DS Stock Today?
Drive Shack Inc (DS) stock is flat 0% while the S&P 500 is up 1.53% as of 12:55 PM on Wednesday, Dec 21. DS is unmoved $0.00 from the previous closing price of $0.22 on volume of 899,614 shares. Over the past year the S&P 500 is down -15.06% while DS is down -85.03%. DS lost -$0.55 per share in the over the last 12 months.
To see InvestorsObserver's Sentiment Score for Drive Shack Inc click here.
More About Drive Shack Inc
Drive Shack Inc is an owner and operator of golf-related leisure and entertainment businesses. The company conducts its business through three primary segments: Traditional Golf properties, Entertainment Golf venues and corporate. The Traditional Golf properties segment operates and owns golf properties. The Entertainment Golf venues segment plans to open a chain of gold, competition, dining, and fun. The Corporate segment consists primarily of investments in loans and securities. The majority of the firm's revenue gets derived from the Traditional Golf Properties segment.
Click Here to get the full Stock Report for Drive Shack Inc stock.
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