DENSO P (Germany) Price on November 28, 2023
DNOA Stock | EUR 12.30 0.10 0.81% |
If you're considering investing in DENSO Stock, it is important to understand the factors that can impact its price. As of today, the current price of DENSO P stands at 12.30, as last reported on the 22nd of December, with the highest price reaching 12.30 and the lowest price hitting 12.30 during the day. DENSO P ADR secures Sharpe Ratio (or Efficiency) of -0.015, which denotes the company had a -0.015% return per unit of risk over the last 3 months. DENSO P ADR exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm DENSO P's Standard Deviation of 1.61, coefficient of variation of (3,468), and Mean Deviation of 1.18 to check the risk estimate we provide.
DENSO Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
DENSO |
Sharpe Ratio = -0.015
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Estimated Market Risk
1.6 actual daily | 14 86% 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 DENSO P 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 DENSO P by adding DENSO P to a well-diversified portfolio.
DENSO P Valuation on November 28, 2023
It is possible to determine the worth of DENSO P on a given historical date. On November 28, 2023 DENSO was worth 13.92 at the beginning of the trading date compared to the closed value of 13.92. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of DENSO P stock. Still, in general, we apply an absolute valuation method to find DENSO P'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 DENSO P where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against DENSO P's related companies.
Open | High | Low | Close | Volume | |
14.02 | 14.02 | 14.02 | 14.02 | 1.00 | |
11/28/2023 | 13.92 | 13.92 | 13.92 | 13.92 | 1.00 |
13.04 | 14.31 | 13.04 | 14.31 | 1.00 |
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DENSO P Trading Date Momentum on November 28, 2023
On November 29 2023 DENSO P ADR was traded for 14.31 at the closing time. The maximum traded price for the trading interval was 14.31 and the lowest daily price was 13.04 . There was no trading activity during the period 1.0. Lack of trading volume on 29th of November 2023 played a part in the next trading day price rise. The overall trading delta to the next closing price was 2.80% . The overall trading delta to the closing price today is 4.89% . |
DENSO P ADR Fundamentals Correlations and Trends
By evaluating DENSO P'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 DENSO P's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. DENSO financial account trend analysis is a perfect complement when working with valuation or volatility modules.About DENSO P Stock history
DENSO P 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 DENSO is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in DENSO P ADR 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 DENSO P stock prices may prove useful in developing a viable investing in DENSO P
DENSO Corporation manufactures and sells automotive components in Japan. DENSO Corporation was founded in 1949 and is based in Kariya, Japan. DENSO CORP is traded on Frankfurt Stock Exchange in Germany.
DENSO P Stock Technical Analysis
DENSO P 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.
Price Boundaries
DENSO P Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
DENSO P ADR 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.
DENSO P December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how DENSO P stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading DENSO P shares will generate the highest return on investment. By undertsting and applying DENSO P stock market strength indicators, traders can identify DENSO P ADR entry and exit signals to maximize returns
DENSO P Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for DENSO P's price direction in advance. Along with the technical and fundamental analysis of DENSO Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of DENSO 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.
Risk Adjusted Performance | (0.02) | |||
Jensen Alpha | (0.07) | |||
Total Risk Alpha | (0.10) | |||
Treynor Ratio | (0.08) |
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Complementary Tools for DENSO Stock analysis
When running DENSO P's price analysis, check to measure DENSO P'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 DENSO P is operating at the current time. Most of DENSO P's value examination focuses on studying past and present price action to predict the probability of DENSO P's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DENSO P's price. Additionally, you may evaluate how the addition of DENSO P to your portfolios can decrease your overall portfolio volatility.
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