Dno ASA (Germany) Price on November 1, 2024

DNO Stock  EUR 13.47  0.28  2.12%   
If you're considering investing in Dno Stock, it is important to understand the factors that can impact its price. As of today, the current price of Dno ASA stands at 13.47, as last reported on the 2nd of December, with the highest price reaching 13.47 and the lowest price hitting 13.47 during the day. Dno ASA secures Sharpe Ratio (or Efficiency) of -0.0124, which denotes the company had a -0.0124% return per unit of risk over the last 3 months. Dno ASA exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dno ASA's Variance of 3.44, standard deviation of 1.85, and Mean Deviation of 1.39 to check the risk estimate we provide.
  
Dno Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0124

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsDNO

Estimated Market Risk

 1.86
  actual daily
16
84% of assets are more volatile

Expected Return

 -0.02
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average Dno ASA is not performing at its full potential. However, 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 Dno ASA by adding Dno ASA to a well-diversified portfolio.

Dno ASA Valuation on November 1, 2024

It is possible to determine the worth of Dno ASA on a given historical date. On November 1, 2024 Dno was worth 12.82 at the beginning of the trading date compared to the closed value of 12.82. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Dno ASA stock. Still, in general, we apply an absolute valuation method to find Dno ASA's 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 Dno ASA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Dno ASA's related companies.
 Open High Low Close Volume
  13.10    13.10    13.10    13.10    198.00  
11/01/2024
  12.82    12.82    12.82    12.82    1.00  
  12.96    12.96    12.96    12.96    1.00  
Backtest Dno ASA  |  Dno ASA History  |  Dno ASA Valuation   PreviousNext  
Open Value
12.82
12.82
Closing Value
18.41
Upside

Dno ASA Trading Date Momentum on November 1, 2024

On November 04 2024 Dno ASA was traded for  12.96  at the closing time. The highest daily price throughout the period was 12.96  and the lowest price was  12.96 . There was no trading activity during the period 1.0. Lack of trading volume on 11/04/2024 added to the next day price rise. The overall trading delta to closing price of the next trading day was 1.09% . The overall trading delta to current closing price is 8.42% .

Dno ASA Fundamentals Correlations and Trends

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

About Dno ASA Stock history

Dno ASA 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 Dno is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Dno ASA 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 Dno ASA stock prices may prove useful in developing a viable investing in Dno ASA
DENSO Corporation manufactures and sells automotive components and systems, industrial products, and home appliances. DENSO Corporation was founded in 1949 and is headquartered in Kariya, Japan. DENSO CORP is traded on Frankfurt Stock Exchange in Germany.

Dno ASA Stock Technical Analysis

Dno ASA 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 Dno ASA technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Dno ASA 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

Dno ASA Period Price Range

Low
December 2, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Dno ASA cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.

Dno ASA December 2, 2024 Market Strength

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

Dno ASA Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Dno ASA's price direction in advance. Along with the technical and fundamental analysis of Dno Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Dno 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.

Complementary Tools for Dno Stock analysis

When running Dno ASA's price analysis, check to measure Dno ASA's 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 Dno ASA is operating at the current time. Most of Dno ASA's value examination focuses on studying past and present price action to predict the probability of Dno ASA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dno ASA's price. Additionally, you may evaluate how the addition of Dno ASA to your portfolios can decrease your overall portfolio volatility.
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.