Danang Rubber (Vietnam) Price on November 7, 2024

DRC Stock   29,000  100.00  0.34%   
If you're considering investing in Danang Stock, it is important to understand the factors that can impact its price. As of today, the current price of Danang Rubber stands at 29,000, as last reported on the 16th of December 2024, with the highest price reaching 29,400 and the lowest price hitting 28,700 during the day. Danang Rubber JSC secures Sharpe Ratio (or Efficiency) of -0.13, which denotes the company had a -0.13% return per unit of risk over the last 3 months. Danang Rubber JSC exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Danang Rubber's Standard Deviation of 1.26, variance of 1.58, and Mean Deviation of 0.8679 to check the risk estimate we provide.
  
Danang Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1267

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Estimated Market Risk

 1.25
  actual daily
11
89% of assets are more volatile

Expected Return

 -0.16
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.13
  actual daily
0
Most of other assets perform better
Based on monthly moving average Danang Rubber 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 Danang Rubber by adding Danang Rubber to a well-diversified portfolio.

Danang Rubber Valuation on November 7, 2024

It is possible to determine the worth of Danang Rubber on a given historical date. On November 7, 2024 Danang was worth 28550.0 at the beginning of the trading date compared to the closed value of 28350.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Danang Rubber stock. Still, in general, we apply an absolute valuation method to find Danang Rubber'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 Danang Rubber where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Danang Rubber's related companies.
 Open High Low Close Volume
  27,900    29,000    27,850    28,400    1,083,400  
11/07/2024
  28,550    28,700    28,250    28,350    472,700  
  28,350    28,400    28,100    28,150    472,100  
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Open Value
28550.0
28,546
Downside
28350.0
Closing Value
28,554
Upside

Danang Rubber Trading Date Momentum on November 7, 2024

On November 08 2024 Danang Rubber JSC was traded for  28,150  at the closing time. The maximum traded price for the trading interval was 28,400  and the lowest daily price was  28,100 . The daily volume was recorded at 472.1 K. The volume of trading on 8th of November 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 0.71% . The overall trading delta to the closing price today is 6.53% .

About Danang Rubber Stock history

Danang Rubber 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 Danang is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Danang Rubber JSC 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 Danang Rubber stock prices may prove useful in developing a viable investing in Danang Rubber

Danang Rubber Stock Technical Analysis

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

Danang Rubber Period Price Range

Low
December 16, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Danang Rubber JSC cannot be verified against its exchange. Please verify the symbol is currently traded on Vietnam Stocks. 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.

Danang Rubber December 16, 2024 Market Strength

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

Danang Rubber Technical and Predictive Indicators

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

Other Information on Investing in Danang Stock

Danang Rubber financial ratios help investors to determine whether Danang Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Danang with respect to the benefits of owning Danang Rubber security.