About: We are financial investors, wanting to know more about Disney’s stock. The ultimate goal is to analyze and evaluate Disney’s stock and to see if it is worth buying at this time.
## # A tibble: 2,516 x 7
## date open high low close volume adjusted
## <date> <dbl> <dbl> <dbl> <dbl> <dbl> <dbl>
## 1 2009-05-11 25.1 25.2 24.7 24.7 14656600 21.5
## 2 2009-05-12 24.9 24.9 23.9 24.3 15536900 21.2
## 3 2009-05-13 23.9 24.0 23.4 23.6 14055900 20.6
## 4 2009-05-14 23.6 24.0 23.3 23.5 11893400 20.5
## 5 2009-05-15 23.5 24.2 23.3 23.4 20991800 20.4
## 6 2009-05-18 23.6 24.3 23.5 24.2 9355300 21.1
## 7 2009-05-19 24.2 24.4 23.8 23.8 11906400 20.8
## 8 2009-05-20 24 24.3 23.4 23.5 10524200 20.5
## 9 2009-05-21 23.1 23.3 22.9 23.2 12632300 20.2
## 10 2009-05-22 23.2 24 23.0 23.7 11099100 20.7
## # … with 2,506 more rows
## # A tibble: 11 x 2
## date yearly.returns
## <date> <dbl>
## 1 2009-12-31 0.320
## 2 2010-12-31 0.176
## 3 2011-12-30 0.0165
## 4 2012-12-31 0.348
## 5 2013-12-31 0.553
## 6 2014-12-31 0.249
## 7 2015-12-31 0.129
## 8 2016-12-30 0.00672
## 9 2017-12-29 0.0476
## 10 2018-12-31 0.0361
## 11 2019-05-08 0.231
## # A tibble: 121 x 2
## date monthly.returns
## <date> <dbl>
## 1 2009-05-29 -0.0198
## 2 2009-06-30 -0.0367
## 3 2009-07-31 0.0767
## 4 2009-08-31 0.0366
## 5 2009-09-30 0.0545
## 6 2009-10-30 -0.00328
## 7 2009-11-30 0.104
## 8 2009-12-31 0.0795
## 9 2010-01-29 -0.0837
## 10 2010-02-26 0.0572
## # … with 111 more rows
The line chart shows that Disney’s stock back in 2014 the yearly returns were much higher. After 2014, Disney’s yearly returns started to drop, but in 2017 it started rising again. Therefore Disney’s stock has been going up ever since then. On the positive end of the histogram there is more positive than negative values. Which can be beneficial to someone who wants to invest. The density chart shows that its peak is to the left which means that it is skewed positive. It also can be seen skewed to the right. This means that there is a higher density of a lower return.
## # A tibble: 1 x 1
## skewness.1
## <dbl>
## 1 0.729
## # A tibble: 1 x 1
## kurtosis.1
## <dbl>
## 1 -0.254
Disney has a positive skewness which means large positive returns are likely to occur more often. Disney has kurtosis that is below zero so larger returns of both positive and negative are less likely to occur more often (they will have skinnier tails). Because of this information, I have determined that standard deviation is not an appropriate measure of risk for Disney because they are not normally distributed so there is a greater chance of variation.
## # A tibble: 251 x 7
## date open high low close volume adjusted
## <date> <dbl> <dbl> <dbl> <dbl> <dbl> <dbl>
## 1 2018-05-09 102. 102. 99.3 100.0 18345700 98.4
## 2 2018-05-10 100. 102. 100. 102. 8927300 100.
## 3 2018-05-11 102. 102. 101. 102. 7036000 100.
## 4 2018-05-14 102. 103. 102. 102. 9891900 101.
## 5 2018-05-15 102. 103. 102. 103. 5762400 101.
## 6 2018-05-16 103. 105. 103. 105. 8111600 103.
## 7 2018-05-17 105. 105. 104. 104. 7320600 103.
## 8 2018-05-18 104. 105. 104. 104. 5427300 102.
## 9 2018-05-21 104. 105. 104. 104. 5848700 102.
## 10 2018-05-22 104. 105. 104. 104. 6971600 102.
## # … with 241 more rows
## # A tibble: 251 x 9
## date open high low close volume adjusted SMA SD
## <date> <dbl> <dbl> <dbl> <dbl> <dbl> <dbl> <dbl> <dbl>
## 1 2018-05-09 102. 102. 99.3 100.0 18345700 98.4 NA NA
## 2 2018-05-10 100. 102. 100. 102. 8927300 100. NA NA
## 3 2018-05-11 102. 102. 101. 102. 7036000 100. NA NA
## 4 2018-05-14 102. 103. 102. 102. 9891900 101. NA NA
## 5 2018-05-15 102. 103. 102. 103. 5762400 101. NA NA
## 6 2018-05-16 103. 105. 103. 105. 8111600 103. NA NA
## 7 2018-05-17 105. 105. 104. 104. 7320600 103. NA NA
## 8 2018-05-18 104. 105. 104. 104. 5427300 102. NA NA
## 9 2018-05-21 104. 105. 104. 104. 5848700 102. NA NA
## 10 2018-05-22 104. 105. 104. 104. 6971600 102. NA NA
## # … with 241 more rows
## # A tibble: 251 x 11
## date open high low close volume adjusted SMA SD sd2up
## <date> <dbl> <dbl> <dbl> <dbl> <dbl> <dbl> <dbl> <dbl> <dbl>
## 1 2018-05-09 102. 102. 99.3 100.0 1.83e7 98.4 NA NA NA
## 2 2018-05-10 100. 102. 100. 102. 8.93e6 100. NA NA NA
## 3 2018-05-11 102. 102. 101. 102. 7.04e6 100. NA NA NA
## 4 2018-05-14 102. 103. 102. 102. 9.89e6 101. NA NA NA
## 5 2018-05-15 102. 103. 102. 103. 5.76e6 101. NA NA NA
## 6 2018-05-16 103. 105. 103. 105. 8.11e6 103. NA NA NA
## 7 2018-05-17 105. 105. 104. 104. 7.32e6 103. NA NA NA
## 8 2018-05-18 104. 105. 104. 104. 5.43e6 102. NA NA NA
## 9 2018-05-21 104. 105. 104. 104. 5.85e6 102. NA NA NA
## 10 2018-05-22 104. 105. 104. 104. 6.97e6 102. NA NA NA
## # … with 241 more rows, and 1 more variable: sd2down <dbl>
## # A tibble: 251 x 5
## date close SMA sd2up sd2down
## <date> <dbl> <dbl> <dbl> <dbl>
## 1 2018-05-09 100.0 NA NA NA
## 2 2018-05-10 102. NA NA NA
## 3 2018-05-11 102. NA NA NA
## 4 2018-05-14 102. NA NA NA
## 5 2018-05-15 103. NA NA NA
## 6 2018-05-16 105. NA NA NA
## 7 2018-05-17 104. NA NA NA
## 8 2018-05-18 104. NA NA NA
## 9 2018-05-21 104. NA NA NA
## 10 2018-05-22 104. NA NA NA
## # … with 241 more rows
## # A tibble: 1,004 x 3
## date type price
## <date> <chr> <dbl>
## 1 2018-05-09 close 100.0
## 2 2018-05-10 close 102.
## 3 2018-05-11 close 102.
## 4 2018-05-14 close 102.
## 5 2018-05-15 close 103.
## 6 2018-05-16 close 105.
## 7 2018-05-17 close 104.
## 8 2018-05-18 close 104.
## 9 2018-05-21 close 104.
## 10 2018-05-22 close 104.
## # … with 994 more rows
The Bollinger bands narrowed in March 2019 which makes it more volatile. This could be the buying of 21st Fox Century, they are working on starting their Disney Plus Platform, and is the majority owner of HULU. Based on the upper Bollinger band you can see in April 2019 that the stock was overbought which may be due to the recent acquisitions. Based on the lower Bollinger band you can see in December 2018 that the stock was oversold this could be due to the S&P 500 market drop of 11% which made Disney’s stock to fall 8%.
Yes, we would invest in this stock. Disney is a World Class company, but because of their recent acquisitions it has caused for an expansion on the company itself. With this expansion it has allowed for them to branch out into different industries like entertainment, they have followed trends on streaming services, and they are expanding on their customer base. Because of the density plot it looks like they have a lower chance of having a higher return but because of the brand “Disney” we would be willing to take that risk. It would be best to invest now before stock prices rise exponentially.Disney does have higher volatility but we are willing to take the risk because the reward is likely to be higher.