Danaher (Germany) Price on August 30, 2024
DHR Stock | EUR 6.69 0.10 1.47% |
If you're considering investing in Danaher Stock, it is important to understand the factors that can impact its price. As of today, the current price of Danaher stands at 6.69, as last reported on the 9th of January, with the highest price reaching 6.69 and the lowest price hitting 6.69 during the day. At this point, Danaher is slightly risky. Danaher secures Sharpe Ratio (or Efficiency) of 0.0057, which denotes the company had a 0.0057% return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Danaher, which you can use to evaluate the volatility of the firm. Please confirm Danaher's Variance of 12.62, standard deviation of 3.55, and Mean Deviation of 2.46 to check if the risk estimate we provide is consistent with the expected return of 0.0209%.
Danaher Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Danaher |
Sharpe Ratio = 0.0057
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Estimated Market Risk
3.66 actual daily | 32 68% of assets are more volatile |
Expected Return
0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Danaher 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 Danaher by adding Danaher to a well-diversified portfolio.
Danaher Valuation on August 30, 2024
It is possible to determine the worth of Danaher on a given historical date. On August 30, 2024 Danaher was worth 7.18 at the beginning of the trading date compared to the closed value of 7.18. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Danaher stock. Still, in general, we apply an absolute valuation method to find Danaher'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 Danaher where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Danaher's related companies.
Open | High | Low | Close | Volume | |
7.17 | 7.17 | 7.17 | 7.17 | 1.00 | |
08/30/2024 | 7.18 | 7.18 | 7.18 | 7.18 | 1.00 |
7.19 | 7.19 | 7.18 | 7.18 | 1.00 |
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Danaher Trading Date Momentum on August 30, 2024
On September 02 2024 Danaher was traded for 7.18 at the closing time. The highest daily price throughout the period was 7.19 and the lowest price was 7.18 . There was no trading activity during the period 1.0. Lack of trading volume on 09/02/2024 did not affect price variability. The overall trading delta to current closing price is 2.92% . |
Danaher Fundamentals Correlations and Trends
By evaluating Danaher'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 Danaher's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Danaher financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Danaher Stock history
Danaher 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 Danaher is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Danaher 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 Danaher stock prices may prove useful in developing a viable investing in Danaher
BG Foods, Inc. manufactures, sells, and distributes a portfolio of shelf-stable and frozen foods in the United States, Canada, and Puerto Rico. BG Foods, Inc. was founded in 1996 and is headquartered in Parsippany, New Jersey. B G is traded on Frankfurt Stock Exchange in Germany.
Danaher Stock Technical Analysis
Danaher 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
Danaher Period Price Range
Low | January 9, 2025
| High |
0.00 | 0.00 |
Danaher 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.
Danaher January 9, 2025 Market Strength
Market strength indicators help investors to evaluate how Danaher stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Danaher shares will generate the highest return on investment. By undertsting and applying Danaher stock market strength indicators, traders can identify Danaher entry and exit signals to maximize returns
Danaher Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Danaher's price direction in advance. Along with the technical and fundamental analysis of Danaher Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Danaher 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 | (0.14) | |||
Total Risk Alpha | (0.23) | |||
Treynor Ratio | 0.404 |
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Complementary Tools for Danaher Stock analysis
When running Danaher's price analysis, check to measure Danaher'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 Danaher is operating at the current time. Most of Danaher's value examination focuses on studying past and present price action to predict the probability of Danaher's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Danaher's price. Additionally, you may evaluate how the addition of Danaher to your portfolios can decrease your overall portfolio volatility.
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