Danone SA (France) Price on October 22, 2024
If you're considering investing in Danone Stock, it is important to understand the factors that can impact its price. At this point, Danone SA is very steady. Danone SA secures Sharpe Ratio (or Efficiency) of 0.0473, which denotes the company had a 0.0473% return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Danone SA, which you can use to evaluate the volatility of the firm. Please confirm Danone SA's Mean Deviation of 0.5816, coefficient of variation of 2116.09, and Downside Deviation of 0.7132 to check if the risk estimate we provide is consistent with the expected return of 0.0377%.
Danone Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Danone |
Sharpe Ratio = 0.0473
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| Negative Returns | BN |
Estimated Market Risk
| 0.8 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Danone SA is performing at about 3% 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 Danone SA by adding it to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Price Boundaries
Danone SA Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Danone SA cannot be verified against its exchange. Please verify the symbol is currently traded on Euronext Paris. 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 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Danone SA 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 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 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.
| Risk Adjusted Performance | 0.0366 | |||
| Jensen Alpha | 0.0369 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | (0.14) | |||
| Treynor Ratio | (0.39) |
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Complementary Tools for Danone 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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