Daktronics Stock Price on December 4, 2024

DAKT Stock  USD 17.08  1.61  8.61%   
Below is the normalized historical share price chart for Daktronics extending back to February 10, 1994. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Daktronics stands at 17.08, as last reported on the 13th of December 2024, with the highest price reaching 18.65 and the lowest price hitting 17.00 during the day.
IPO Date
10th of February 1994
200 Day MA
11.6969
50 Day MA
13.1022
Beta
1.149
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Daktronics Stock, it is important to understand the factors that can impact its price. Daktronics appears to be not too volatile, given 3 months investment horizon. Daktronics secures Sharpe Ratio (or Efficiency) of 0.16, which denotes the company had a 0.16% return per unit of risk over the last 3 months. By reviewing Daktronics' technical indicators, you can evaluate if the expected return of 0.53% is justified by implied risk. Please utilize Daktronics' Mean Deviation of 2.1, downside deviation of 2.87, and Coefficient Of Variation of 574.28 to check if our risk estimates are consistent with your expectations.
  
At this time, Daktronics' Liabilities And Stockholders Equity is comparatively stable compared to the past year. Common Stock Total Equity is likely to gain to about 73.1 M in 2024, whereas Other Stockholder Equity is likely to drop slightly above 26.1 M in 2024. . Price Earnings Ratio is likely to gain to 255.71 in 2024, whereas Price To Sales Ratio is likely to drop 0.25 in 2024. Daktronics Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1601

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Estimated Market Risk

 3.3
  actual daily
29
71% of assets are more volatile

Expected Return

 0.53
  actual daily
10
90% of assets have higher returns

Risk-Adjusted Return

 0.16
  actual daily
12
88% of assets perform better
Based on monthly moving average Daktronics is performing at about 12% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Daktronics by adding it to a well-diversified portfolio.
Price Book
3.3656
Enterprise Value Ebitda
7.4422
Price Sales
1.082
Shares Float
41.8 M
Wall Street Target Price
16.75

Daktronics Main Headline on 4th of December 2024

BROOKINGS, S.D., Dec. 04, 2024 -- Daktronics, Inc. , a leading global designer and manufacturer of best-in-class dynamic video communi

Daktronics Valuation on December 4, 2024

It is possible to determine the worth of Daktronics on a given historical date. On December 4, 2024 Daktronics was worth 17.5 at the beginning of the trading date compared to the closed value of 18.93. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Daktronics stock. Still, in general, we apply an absolute valuation method to find Daktronics' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Daktronics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Daktronics' related companies.
 Open High Low Close Volume
  16.15    16.49    16.02    16.33    910,692  
12/04/2024
  17.50    19.81    17.28    18.93    2,046,291  
  18.75    19.82    18.50    19.21    1,014,694  
Backtest Daktronics  |  Daktronics History  |  Daktronics Valuation   PreviousNext  
Open Value
17.5
18.93
Closing Value
27.40
Upside

Daktronics Trading Date Momentum on December 4, 2024

On December 05 2024 Daktronics was traded for  19.21  at the closing time. The top price for the day was 19.82  and the lowest listed price was  18.50 . The trading volume for the day was 1 M. The trading history from December 5, 2024 was a factor to the next trading day price appreciation. The overall trading delta against the next closing price was 1.48% . The overall trading delta against the current closing price is 2.27% .

Daktronics Fundamentals Correlations and Trends

By evaluating Daktronics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Daktronics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Daktronics financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Daktronics Stock history

Daktronics investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Daktronics is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Daktronics will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Daktronics stock prices may prove useful in developing a viable investing in Daktronics
Last ReportedProjected for Next Year
Common Stock Shares Outstanding46.5 M43.7 M
Net Income Applicable To Common Shares6.1 M10 M

Daktronics Quarterly Net Working Capital

242.69 Million

Daktronics Stock Technical Analysis

Daktronics technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Daktronics technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Daktronics trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Daktronics Period Price Range

Low
December 13, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Daktronics cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Daktronics December 13, 2024 Market Strength

Market strength indicators help investors to evaluate how Daktronics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Daktronics shares will generate the highest return on investment. By undertsting and applying Daktronics stock market strength indicators, traders can identify Daktronics entry and exit signals to maximize returns

Daktronics Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Daktronics' price direction in advance. Along with the technical and fundamental analysis of Daktronics Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Daktronics to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Additional Tools for Daktronics Stock Analysis

When running Daktronics' price analysis, check to measure Daktronics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Daktronics is operating at the current time. Most of Daktronics' value examination focuses on studying past and present price action to predict the probability of Daktronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Daktronics' price. Additionally, you may evaluate how the addition of Daktronics to your portfolios can decrease your overall portfolio volatility.