Danone Sa Stock Price on March 19, 2024

GPDNF Stock  USD 65.95  0.20  0.30%   
If you're considering investing in Danone OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Danone SA stands at 65.95, as last reported on the 21st of December, with the highest price reaching 66.99 and the lowest price hitting 65.95 during the day. Danone SA secures Sharpe Ratio (or Efficiency) of -0.1, which denotes the company had a -0.1% return per unit of risk over the last 3 months. Danone SA exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Danone SA's Mean Deviation of 0.6527, variance of 1.19, and Standard Deviation of 1.09 to check the risk estimate we provide.
  
Danone OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1034

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Estimated Market Risk

 1.11
  actual daily
9
91% of assets are more volatile

Expected Return

 -0.11
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.1
  actual daily
0
Most of other assets perform better
Based on monthly moving average Danone SA 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 Danone SA by adding Danone SA to a well-diversified portfolio.

Danone SA Valuation on March 19, 2024

It is possible to determine the worth of Danone SA on a given historical date. On March 19, 2024 Danone was worth 61.87 at the beginning of the trading date compared to the closed value of 61.87. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Danone SA otc stock. Still, in general, we apply an absolute valuation method to find Danone SA'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 Danone SA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Danone SA's related companies.
 Open High Low Close Volume
  61.93    61.93    61.93    61.93    405.00  
03/19/2024
  61.87    61.87    61.87    61.87    1,333  
  62.65    62.65    62.65    62.65    1,258  
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Open Value
61.87
61.87
Closing Value
65.20
Upside

Danone SA Trading Date Momentum on March 19, 2024

On March 20 2024 Danone SA was traded for  62.65  at the closing time. The highest daily price throughout the period was 62.65  and the lowest price was  62.65 . The daily volume was 1.3 K. The net trading volume on 03/20/2024 added to the next day price rise. The overall trading delta to closing price of the next trading day was 1.26% . The overall trading delta to current closing price is 0.61% .

Danone SA Fundamentals Correlations and Trends

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

About Danone SA OTC Stock history

Danone SA 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 Danone is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Danone SA 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 Danone SA stock prices may prove useful in developing a viable investing in Danone SA
Danone S.A. operates in the food and beverage industry in Europe, Noram, Latin America, the Asia Pacific, Africa, and the Middle East. Danone S.A. was incorporated in 1899 and is headquartered in Paris, France. Groupe Danone is traded on OTC Exchange in the United States.

Danone SA OTC Stock Technical Analysis

Danone SA technical otc 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, otc market cycles, or different charting patterns.
A focus of Danone SA technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Danone SA 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

Danone SA Period Price Range

Low
December 21, 2024
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Danone SA cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQX 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.

Danone SA December 21, 2024 Market Strength

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

Danone SA Technical and Predictive Indicators

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

When running Danone SA's price analysis, check to measure Danone SA'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 Danone SA is operating at the current time. Most of Danone SA's value examination focuses on studying past and present price action to predict the probability of Danone SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Danone SA's price. Additionally, you may evaluate how the addition of Danone SA to your portfolios can decrease your overall portfolio volatility.
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