Dte Energy Stock Price on September 23, 2024

DTB Stock  USD 18.33  0.35  1.87%   
Below is the normalized historical share price chart for DTE Energy extending back to October 07, 2020. 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 DTE Energy stands at 18.33, as last reported on the 29th of December, with the highest price reaching 18.64 and the lowest price hitting 18.33 during the day.
IPO Date
8th of October 2020
200 Day MA
20.0493
50 Day MA
19.7778
 
Covid
If you're considering investing in DTE Stock, it is important to understand the factors that can impact its price. DTE Energy secures Sharpe Ratio (or Efficiency) of -0.24, which denotes the company had a -0.24% return per unit of risk over the last 3 months. DTE Energy exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm DTE Energy's Variance of 0.9042, mean deviation of 0.7251, and Standard Deviation of 0.9509 to check the risk estimate we provide.
  
At present, DTE Energy's Liabilities And Stockholders Equity is projected to increase significantly based on the last few years of reporting. The current year's Other Stockholder Equity is expected to grow to about 6.5 B, whereas Total Stockholder Equity is forecasted to decline to about 10.8 B. . At present, DTE Energy's Price To Sales Ratio is projected to slightly decrease based on the last few years of reporting. The current year's Price Earnings To Growth Ratio is expected to grow to 0.14, whereas Price Earnings Ratio is forecasted to decline to 2.76. DTE Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.2432

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

Estimated Market Risk

 0.97
  actual daily
8
92% of assets are more volatile

Expected Return

 -0.23
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.24
  actual daily
0
Most of other assets perform better
Based on monthly moving average DTE Energy 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 DTE Energy by adding DTE Energy to a well-diversified portfolio.
Market Capitalization
26.6 B

DTE Energy Main Headline on 23rd of September 2024

DTE Energy statement in response to third-party audit of electric distribution system StockTitan

DTE Energy Valuation on September 23, 2024

It is possible to determine the worth of DTE Energy on a given historical date. On September 23, 2024 DTE was worth 21.48 at the beginning of the trading date compared to the closed value of 21.34. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of DTE Energy stock. Still, in general, we apply an absolute valuation method to find DTE Energy'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 DTE Energy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against DTE Energy's related companies.
 Open High Low Close Volume
  21.40    21.50    21.40    21.47    7,096  
09/23/2024
  21.48    21.48    21.25    21.34    19,431  
  21.38    21.39    21.20    21.39    16,338  
Backtest DTE Energy  |  DTE Energy History  |  DTE Energy Valuation   PreviousNext  
Open Value
21.48
21.34
Closing Value
24.38
Upside

DTE Energy Trading Date Momentum on September 23, 2024

On September 24 2024 DTE Energy was traded for  21.39  at the closing time. Highest DTE Energy's price during the trading hours was 21.39  and the lowest price during the day was  21.20 . The net volume was 16.3 K. The overall trading history on the 24th of September contributed to the next trading period price jump. The overall trading delta to the next next day price was 0.23% . The overall trading delta to current price is 0.28% .

DTE Energy Fundamentals Correlations and Trends

By evaluating DTE Energy'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 DTE Energy's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. DTE financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About DTE Energy Stock history

DTE Energy 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 DTE is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in DTE Energy 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 DTE Energy stock prices may prove useful in developing a viable investing in DTE Energy
Last ReportedProjected for Next Year
Common Stock Shares Outstanding206 M195.6 M
Net Income Applicable To Common Shares1.2 B1.2 B

DTE Energy Stock Technical Analysis

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

DTE Energy Period Price Range

Low
December 29, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

DTE Energy cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.

DTE Energy December 29, 2024 Market Strength

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

DTE Energy Technical and Predictive Indicators

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

When running DTE Energy's price analysis, check to measure DTE Energy'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 DTE Energy is operating at the current time. Most of DTE Energy's value examination focuses on studying past and present price action to predict the probability of DTE Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DTE Energy's price. Additionally, you may evaluate how the addition of DTE Energy to your portfolios can decrease your overall portfolio volatility.
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites