Dentsu (Germany) Price on June 12, 2024
If you're considering investing in Dentsu Stock, it is important to understand the factors that can impact its price. Dentsu Group secures Sharpe Ratio (or Efficiency) of -0.0846, which denotes the company had a -0.0846% return per unit of risk over the last 3 months. Dentsu Group exposes fifteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dentsu's Variance of 6.52, standard deviation of 2.55, and Mean Deviation of 1.46 to check the risk estimate we provide.
Dentsu Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Dentsu |
Sharpe Ratio = -0.0846
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Estimated Market Risk
2.59 actual daily | 23 77% of assets are more volatile |
Expected Return
-0.22 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Dentsu 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 Dentsu by adding Dentsu to a well-diversified portfolio.
Dentsu Valuation on June 12, 2024
It is possible to determine the worth of Dentsu on a given historical date. On June 12, 2024 Dentsu was worth 23.8 at the beginning of the trading date compared to the closed value of 24.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Dentsu stock. Still, in general, we apply an absolute valuation method to find Dentsu'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 Dentsu where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Dentsu's related companies.
Open | High | Low | Close | Volume | |
23.80 | 23.80 | 23.80 | 23.80 | 26.00 | |
06/12/2024 | 23.80 | 24.00 | 23.80 | 24.00 | 26.00 |
23.80 | 24.00 | 23.80 | 24.00 | 26.00 |
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Dentsu Trading Date Momentum on June 12, 2024
On June 13 2024 Dentsu Group was traded for 24.00 at the closing time. The highest daily price throughout the period was 24.00 and the lowest price was 23.80 . The daily volume was 26.0. The net trading volume on 06/13/2024 did not affect price variability. The overall trading delta to current closing price is 4.17% . |
Dentsu Group Fundamentals Correlations and Trends
By evaluating Dentsu'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 Dentsu's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Dentsu financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Dentsu Stock history
Dentsu 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 Dentsu is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Dentsu Group 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 Dentsu stock prices may prove useful in developing a viable investing in Dentsu
Dentsu Inc. provides advertising services in Japan and internationally. Dentsu Inc. was founded in 1901 and is headquartered in Tokyo, Japan. DENTSU INC operates under Advertising Agencies classification in Germany and is traded on Frankfurt Stock Exchange. It employs 62608 people.
Dentsu Stock Technical Analysis
Dentsu 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
Dentsu Period Price Range
Low | December 27, 2024
| High |
0.00 | 0.00 |
Dentsu Group cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.
Dentsu December 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Dentsu stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Dentsu shares will generate the highest return on investment. By undertsting and applying Dentsu stock market strength indicators, traders can identify Dentsu Group entry and exit signals to maximize returns
Dentsu Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Dentsu's price direction in advance. Along with the technical and fundamental analysis of Dentsu Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Dentsu 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 | (0.05) | |||
Jensen Alpha | (0.22) | |||
Total Risk Alpha | (0.35) | |||
Treynor Ratio | (0.96) |
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Complementary Tools for Dentsu Stock analysis
When running Dentsu's price analysis, check to measure Dentsu'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 Dentsu is operating at the current time. Most of Dentsu's value examination focuses on studying past and present price action to predict the probability of Dentsu's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dentsu's price. Additionally, you may evaluate how the addition of Dentsu to your portfolios can decrease your overall portfolio volatility.
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