Danaher (Mexico) Market Value

DHR Stock  MXN 4,630  20.00  0.43%   
Danaher's market value is the price at which a share of Danaher trades on a public exchange. It measures the collective expectations of Danaher investors about its performance. Danaher is trading at 4630.00 as of the 25th of December 2024; that is 0.43% increase since the beginning of the trading day. The stock's open price was 4610.0.
With this module, you can estimate the performance of a buy and hold strategy of Danaher and determine expected loss or profit from investing in Danaher over a given investment horizon. Check out Danaher Correlation, Danaher Volatility and Danaher Alpha and Beta module to complement your research on Danaher.
For more information on how to buy Danaher Stock please use our How to Invest in Danaher guide.
Symbol

Please note, there is a significant difference between Danaher's value and its price as these two are different measures arrived at by different means. Investors typically determine if Danaher is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Danaher's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Danaher 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Danaher's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Danaher.
0.00
11/25/2024
No Change 0.00  0.0 
In 30 days
12/25/2024
0.00
If you would invest  0.00  in Danaher on November 25, 2024 and sell it all today you would earn a total of 0.00 from holding Danaher or generate 0.0% return on investment in Danaher over 30 days. Danaher is related to or competes with Taiwan Semiconductor, Southern Copper, McEwen Mining, New Oriental, and Monster Beverage. Danaher Corporation designs, manufactures, and markets professional, medical, industrial, and commercial products and se... More

Danaher Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Danaher's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Danaher upside and downside potential and time the market with a certain degree of confidence.

Danaher Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Danaher's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Danaher's standard deviation. In reality, there are many statistical measures that can use Danaher historical prices to predict the future Danaher's volatility.
Hype
Prediction
LowEstimatedHigh
4,6284,6304,632
Details
Intrinsic
Valuation
LowRealHigh
4,0934,0955,093
Details

Danaher Backtested Returns

Danaher secures Sharpe Ratio (or Efficiency) of -0.11, which denotes the company had a -0.11% return per unit of risk over the last 3 months. Danaher exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Danaher's Mean Deviation of 1.24, standard deviation of 2.23, and Variance of 4.99 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.5, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Danaher are expected to decrease at a much lower rate. During the bear market, Danaher is likely to outperform the market. At this point, Danaher has a negative expected return of -0.24%. Please make sure to confirm Danaher's maximum drawdown, daily balance of power, period momentum indicator, as well as the relationship between the skewness and day typical price , to decide if Danaher performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.35  

Below average predictability

Danaher has below average predictability. Overlapping area represents the amount of predictability between Danaher time series from 25th of November 2024 to 10th of December 2024 and 10th of December 2024 to 25th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Danaher price movement. The serial correlation of 0.35 indicates that nearly 35.0% of current Danaher price fluctuation can be explain by its past prices.
Correlation Coefficient0.35
Spearman Rank Test0.13
Residual Average0.0
Price Variance2554.88

Danaher lagged returns against current returns

Autocorrelation, which is Danaher stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Danaher's stock expected returns. We can calculate the autocorrelation of Danaher returns to help us make a trade decision. For example, suppose you find that Danaher has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

Danaher regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Danaher stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Danaher stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Danaher stock over time.
   Current vs Lagged Prices   
       Timeline  

Danaher Lagged Returns

When evaluating Danaher's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Danaher stock have on its future price. Danaher autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Danaher autocorrelation shows the relationship between Danaher stock current value and its past values and can show if there is a momentum factor associated with investing in Danaher.
   Regressed Prices   
       Timeline  

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Additional Tools for Danaher Stock Analysis

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