Danish Aerospace (Denmark) Price on November 5, 2024
| DAC Stock | DKK 3.06 0.12 4.08% |
If you're considering investing in Danish Stock, it is important to understand the factors that can impact its price. As of today, the current price of Danish Aerospace stands at 3.06, as last reported on the 6th of January, with the highest price reaching 3.06 and the lowest price hitting 2.98 during the day. Danish Aerospace secures Sharpe Ratio (or Efficiency) of -0.0386, which denotes the company had a -0.0386% return per unit of risk over the last 3 months. Danish Aerospace exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Danish Aerospace's Variance of 18.27, standard deviation of 4.27, and Mean Deviation of 3.1 to check the risk estimate we provide.
Danish Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Danish |
Sharpe Ratio = -0.0386
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Estimated Market Risk
| 4.36 actual daily | 38 62% of assets are more volatile |
Expected Return
| -0.17 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Danish Aerospace 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 Danish Aerospace by adding Danish Aerospace to a well-diversified portfolio.
Danish Aerospace Valuation on November 5, 2024
It is possible to determine the worth of Danish Aerospace on a given historical date. On November 5, 2024 Danish was worth 3.5 at the beginning of the trading date compared to the closed value of 3.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Danish Aerospace stock. Still, in general, we apply an absolute valuation method to find Danish Aerospace'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 Danish Aerospace where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Danish Aerospace's related companies.
| Open | High | Low | Close | Volume | |
| 3.40 | 3.40 | 3.40 | 3.40 | 1.00 | |
11/05/2024 | 3.50 | 3.50 | 3.40 | 3.40 | 5,759 |
| 3.10 | 3.32 | 3.10 | 3.32 | 1,457 |
| Backtest Danish Aerospace | | | Danish Aerospace History | | | Danish Aerospace Valuation | Previous | Next |
Danish Aerospace Trading Date Momentum on November 5, 2024
| On November 06 2024 Danish Aerospace was traded for 3.32 at the closing time. The maximum traded price for the trading interval was 3.32 and the lowest daily price was 3.10 . The daily volume was recorded at 1.5 K. The volume of trading on 6th of November 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 2.35% . The overall trading delta to the closing price today is 1.18% . |
Danish Aerospace Fundamentals Correlations and Trends
By evaluating Danish Aerospace'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 Danish Aerospace's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Danish financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Danish Aerospace Stock history
Danish Aerospace 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 Danish is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Danish Aerospace 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 Danish Aerospace stock prices may prove useful in developing a viable investing in Danish Aerospace
Danish Aerospace Company AS designs, develops, and manufactures medical monitoring and exercise equipment worldwide. Danish Aerospace Company AS was founded in 1988 and is based in Odense, Denmark. Danish Aerospace operates under Aerospace Defense classification in Denmark and is traded on Copenhagen Stock Exchange. It employs 25 people.
Danish Aerospace Stock Technical Analysis
Danish Aerospace 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
Danish Aerospace Period Price Range
Low | January 6, 2025
| High |
0.00 | 0.00 |
Danish Aerospace cannot be verified against its exchange. Please verify the symbol is currently traded on Copenhagen 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.
Danish Aerospace January 6, 2025 Market Strength
Market strength indicators help investors to evaluate how Danish Aerospace stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Danish Aerospace shares will generate the highest return on investment. By undertsting and applying Danish Aerospace stock market strength indicators, traders can identify Danish Aerospace entry and exit signals to maximize returns
Danish Aerospace Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Danish Aerospace's price direction in advance. Along with the technical and fundamental analysis of Danish Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Danish 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 | (0.02) | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.23) | |||
| Treynor Ratio | 0.2038 |
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Other Information on Investing in Danish Stock
Danish Aerospace financial ratios help investors to determine whether Danish Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Danish with respect to the benefits of owning Danish Aerospace security.