Danaos Stock Price on December 31, 2024

DAC Stock  USD 77.46  0.49  0.63%   
If you're considering investing in Danaos Stock, it is important to understand the factors that can impact its price. As of today, the current price of Danaos stands at 77.46, as last reported on the 20th of January, with the highest price reaching 79.39 and the lowest price hitting 77.45 during the day. Danaos secures Sharpe Ratio (or Efficiency) of -0.0749, which denotes the company had a -0.0749 % return per unit of risk over the last 3 months. Danaos exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Danaos' Variance of 2.83, standard deviation of 1.68, and Mean Deviation of 1.19 to check the risk estimate we provide.
  
Danaos Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0749

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Estimated Market Risk

 1.7
  actual daily
15
85% of assets are more volatile

Expected Return

 -0.13
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.07
  actual daily
0
Most of other assets perform better
Based on monthly moving average Danaos 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 Danaos by adding Danaos to a well-diversified portfolio.

Danaos Valuation on December 31, 2024

It is possible to determine the worth of Danaos on a given historical date. On December 31, 2024 Danaos was worth 78.84 at the beginning of the trading date compared to the closed value of 80.07. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Danaos stock. Still, in general, we apply an absolute valuation method to find Danaos' 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 Danaos where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Danaos' related companies.
 Open High Low Close Volume
  78.68    78.97    78.00    78.84    74,481  
12/31/2024
  78.84    80.14    78.72    80.07    122,037  
  80.77    83.30    80.74    82.90    133,451  
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Open Value
78.84
80.07
Closing Value
83.93
Upside

Danaos Trading Date Momentum on December 31, 2024

On January 02 2025 Danaos was traded for  82.90  at the closing time. Highest Danaos's price during the trading hours was 83.30  and the lowest price during the day was  80.74 . The net volume was 133.5 K. The overall trading history on the 2nd of January contributed to the next trading period price growth. The overall trading delta to the next next day price was 3.53% . The overall trading delta to current price is 0.41% .

Danaos Fundamentals Correlations and Trends

By evaluating Danaos' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Danaos' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Danaos financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Danaos Stock history

Danaos 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 Danaos is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Danaos 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 Danaos stock prices may prove useful in developing a viable investing in Danaos
Danaos Corporation, together with its subsidiaries, owns and operates containerships in Australia, Asia, Europe, and the United States. Danaos Corporation was founded in 1963 and is based in Piraeus, Greece. Danaos Corp operates under Marine Shipping classification in the United States and is traded on New York Stock Exchange. It employs 4 people.

Danaos Stock Technical Analysis

Danaos 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.
A focus of Danaos technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Danaos 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

Danaos Period Price Range

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January 20, 2025
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Danaos cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.

Danaos January 20, 2025 Market Strength

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

Danaos Technical and Predictive Indicators

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

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