Danang Port (Vietnam) Price on November 8, 2024

CDN Stock   30,600  100.00  0.33%   
If you're considering investing in Danang Stock, it is important to understand the factors that can impact its price. As of today, the current price of Danang Port stands at 30,600, as last reported on the 13th of December 2024, with the highest price reaching 30,900 and the lowest price hitting 30,500 during the day. As of now, Danang Stock is very steady. Danang Port JSC secures Sharpe Ratio (or Efficiency) of 0.0306, which denotes the company had a 0.0306% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Danang Port JSC, which you can use to evaluate the volatility of the firm. Please confirm Danang Port's Mean Deviation of 0.8227, coefficient of variation of 4565.37, and Downside Deviation of 1.47 to check if the risk estimate we provide is consistent with the expected return of 0.0398%.
  
Danang Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0306

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Estimated Market Risk

 1.3
  actual daily
11
89% of assets are more volatile

Expected Return

 0.04
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.03
  actual daily
2
98% of assets perform better
Based on monthly moving average Danang Port is performing at about 2% 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 Danang Port by adding it to a well-diversified portfolio.

Danang Port Valuation on November 8, 2024

It is possible to determine the worth of Danang Port on a given historical date. On November 8, 2024 Danang was worth 30000.0 at the beginning of the trading date compared to the closed value of 31400.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Danang Port stock. Still, in general, we apply an absolute valuation method to find Danang Port'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 Danang Port where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Danang Port's related companies.
 Open High Low Close Volume
  29,900    30,700    29,900    30,700    13,107  
11/08/2024
  30,000    31,600    30,000    31,400    14,102  
  31,400    32,000    30,400    32,000    30,035  
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Open Value
30000.0
29,996
Downside
31400.0
Closing Value
30,004
Upside

Danang Port Trading Date Momentum on November 8, 2024

On November 11 2024 Danang Port JSC was traded for  32,000  at the closing time. The maximum traded price for the trading interval was 32,000  and the lowest daily price was  30,400 . The daily volume was recorded at 30 K. The volume of trading on 11th of November 2024 played a part in the next trading day price boost. The overall trading delta to the next closing price was 1.91% . The overall trading delta to the closing price today is 2.87% .

Price Boundaries

Danang Port Period Price Range

Low
December 13, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Danang Port JSC cannot be verified against its exchange. Please verify the symbol is currently traded on Vietnam Stocks. 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.

Danang Port December 13, 2024 Market Strength

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

Danang Port Technical and Predictive Indicators

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