Dis Chem (South Africa) Price on December 14, 2023
DCP Stock | 3,624 16.00 0.44% |
If you're considering investing in Dis Stock, it is important to understand the factors that can impact its price. As of today, the current price of Dis Chem stands at 3,624, as last reported on the 29th of December, with the highest price reaching 3,678 and the lowest price hitting 3,592 during the day. Dis Chem Pharmacies secures Sharpe Ratio (or Efficiency) of -0.0432, which denotes the company had a -0.0432% return per unit of risk over the last 3 months. Dis Chem Pharmacies exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dis Chem's Coefficient Of Variation of 13415.99, mean deviation of 0.9126, and Downside Deviation of 1.16 to check the risk estimate we provide.
Dis Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Dis |
Sharpe Ratio = -0.0432
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Estimated Market Risk
1.25 actual daily | 11 89% of assets are more volatile |
Expected Return
-0.05 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 Dis Chem 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 Dis Chem by adding Dis Chem to a well-diversified portfolio.
Dis Chem Valuation on December 14, 2023
It is possible to determine the worth of Dis Chem on a given historical date. On December 14, 2023 Dis was worth 2895.71 at the beginning of the trading date compared to the closed value of 2919.38. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Dis Chem stock. Still, in general, we apply an absolute valuation method to find Dis Chem'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 Dis Chem where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Dis Chem's related companies.
Open | High | Low | Close | Volume | |
2,880 | 2,949 | 2,880 | 2,885 | 767,772 | |
12/14/2023 | 2,896 | 2,943 | 2,890 | 2,919 | 1,205,024 |
2,919 | 2,919 | 2,837 | 2,849 | 264,300 |
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Dis Chem Trading Date Momentum on December 14, 2023
On December 18 2023 Dis Chem Pharmacies was traded for 2,849 at the closing time. The highest price during the trading period was 2,919 and the lowest recorded bid was listed for 2,837 . The volume for the day was 264.3 K. This history from December 18, 2023 contributed to the next trading day price decline. The overall trading delta to the next closing price was 2.40% . The overall trading delta to the current price is 0.84% . |
Dis Chem Pharmacies Fundamentals Correlations and Trends
By evaluating Dis Chem'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 Dis Chem's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Dis financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Dis Chem Stock history
Dis Chem 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 Dis is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Dis Chem Pharmacies 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 Dis Chem stock prices may prove useful in developing a viable investing in Dis Chem
Dis Chem Stock Technical Analysis
Dis Chem 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
Dis Chem Period Price Range
Low | December 29, 2024
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0.00 | 0.00 |
Dis Chem Pharmacies cannot be verified against its exchange. Please verify the symbol is currently traded on Johannesburg 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.
Dis Chem December 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Dis Chem stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Dis Chem shares will generate the highest return on investment. By undertsting and applying Dis Chem stock market strength indicators, traders can identify Dis Chem Pharmacies entry and exit signals to maximize returns
Dis Chem Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Dis Chem's price direction in advance. Along with the technical and fundamental analysis of Dis Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Dis 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 | 0.0097 | |||
Jensen Alpha | (0.01) | |||
Total Risk Alpha | (0.04) | |||
Sortino Ratio | (0.02) | |||
Treynor Ratio | (0) |
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Complementary Tools for Dis Stock analysis
When running Dis Chem's price analysis, check to measure Dis Chem'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 Dis Chem is operating at the current time. Most of Dis Chem's value examination focuses on studying past and present price action to predict the probability of Dis Chem's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dis Chem's price. Additionally, you may evaluate how the addition of Dis Chem to your portfolios can decrease your overall portfolio volatility.
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