DAIDO METAL (Germany) Price on October 4, 2023
| 69L Stock | EUR 3.06 0.08 2.68% |
If you're considering investing in DAIDO Stock, it is important to understand the factors that can impact its price. As of today, the current price of DAIDO METAL stands at 3.06, as last reported on the 7th of January, with the highest price reaching 3.06 and the lowest price hitting 3.06 during the day. At this point, DAIDO METAL is slightly risky. DAIDO METAL TD secures Sharpe Ratio (or Efficiency) of 0.0912, which denotes the company had a 0.0912% return per unit of return volatility over the last 3 months. We have found twenty-seven technical indicators for DAIDO METAL TD, which you can use to evaluate the volatility of the entity. Please confirm DAIDO METAL's mean deviation of 1.21, and Downside Deviation of 1.84 to check if the risk estimate we provide is consistent with the expected return of 0.14%.
DAIDO Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
DAIDO |
Sharpe Ratio = 0.0912
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Estimated Market Risk
| 1.51 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average DAIDO METAL is performing at about 7% of its full potential. 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 DAIDO METAL by adding it to a well-diversified portfolio.
DAIDO METAL Valuation on October 4, 2023
It is possible to determine the worth of DAIDO METAL on a given historical date. On October 4, 2023 DAIDO was worth 3.26 at the beginning of the trading date compared to the closed value of 3.26. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of DAIDO METAL stock. Still, in general, we apply an absolute valuation method to find DAIDO METAL'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 DAIDO METAL where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against DAIDO METAL's related companies.
| Open | High | Low | Close | Volume | |
| 3.36 | 3.36 | 3.36 | 3.36 | 1.00 | |
10/04/2023 | 3.26 | 3.26 | 3.26 | 3.26 | 1.00 |
| 3.32 | 3.32 | 3.32 | 3.32 | 1.00 |
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DAIDO METAL Trading Date Momentum on October 4, 2023
| On October 05 2023 DAIDO METAL TD was traded for 3.32 at the closing time. The highest daily price throughout the period was 3.32 and the lowest price was 3.32 . There was no trading activity during the period 1.0. Lack of trading volume on 10/05/2023 added to the next day price rise. The daily price change to closing price of the next trading day was 1.84% . The overall trading delta to current closing price is 1.23% . |
DAIDO METAL TD Fundamentals Correlations and Trends
By evaluating DAIDO METAL'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 DAIDO METAL's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. DAIDO financial account trend analysis is a perfect complement when working with valuation or volatility modules.About DAIDO METAL Stock history
DAIDO METAL 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 DAIDO is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in DAIDO METAL TD 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 DAIDO METAL stock prices may prove useful in developing a viable investing in DAIDO METAL
,together with its subsidiaries, manufactures and sells bearings in Japan, North America, Europe, Asia, China, and internationally. Daido Metal Co., Ltd was founded in 19 and is headquartered in Nagoya, Japan. DAIDO METAL operates under Auto Parts classification in Germany and is traded on Frankfurt Stock Exchange. It employs 6795 people.
DAIDO METAL Stock Technical Analysis
DAIDO METAL 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
DAIDO METAL Period Price Range
Low | January 7, 2025
| High |
0.00 | 0.00 |
DAIDO METAL TD 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.
DAIDO METAL January 7, 2025 Market Strength
Market strength indicators help investors to evaluate how DAIDO METAL stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading DAIDO METAL shares will generate the highest return on investment. By undertsting and applying DAIDO METAL stock market strength indicators, traders can identify DAIDO METAL TD entry and exit signals to maximize returns
DAIDO METAL Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for DAIDO METAL's price direction in advance. Along with the technical and fundamental analysis of DAIDO Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of DAIDO 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 | 0.0411 | |||
| Jensen Alpha | 0.0654 | |||
| Total Risk Alpha | 0.027 | |||
| Sortino Ratio | 0.0252 | |||
| Treynor Ratio | (1.16) |
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Complementary Tools for DAIDO Stock analysis
When running DAIDO METAL's price analysis, check to measure DAIDO METAL'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 DAIDO METAL is operating at the current time. Most of DAIDO METAL's value examination focuses on studying past and present price action to predict the probability of DAIDO METAL's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DAIDO METAL's price. Additionally, you may evaluate how the addition of DAIDO METAL to your portfolios can decrease your overall portfolio volatility.
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