Denali Therapeutics Stock Price on December 19, 2024
DNLI Stock | USD 16.69 0.42 2.58% |
If you're considering investing in Denali Stock, it is important to understand the factors that can impact its price. As of today, the current price of Denali Therapeutics stands at 16.69, as last reported on the 8th of March, with the highest price reaching 16.97 and the lowest price hitting 16.11 during the day. Denali Therapeutics secures Sharpe Ratio (or Efficiency) of -0.14, which denotes the company had a -0.14 % return per unit of risk over the last 3 months. Denali Therapeutics exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Denali Therapeutics' Mean Deviation of 3.04, variance of 17.71, and Standard Deviation of 4.21 to check the risk estimate we provide.
Denali Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Denali |
Sharpe Ratio = -0.1355
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | DNLI |
Estimated Market Risk
4.21 actual daily | 37 63% of assets are more volatile |
Expected Return
-0.57 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Denali Therapeutics 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 Denali Therapeutics by adding Denali Therapeutics to a well-diversified portfolio.
Denali Therapeutics Valuation on December 19, 2024
It is possible to determine the worth of Denali Therapeutics on a given historical date. On December 19, 2024 Denali was worth 21.45 at the beginning of the trading date compared to the closed value of 21.49. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Denali Therapeutics stock. Still, in general, we apply an absolute valuation method to find Denali Therapeutics' 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 Denali Therapeutics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Denali Therapeutics' related companies.
Open | High | Low | Close | Volume | |
23.30 | 23.31 | 21.04 | 21.43 | 1,091,228 | |
12/19/2024 | 21.45 | 21.76 | 20.76 | 21.49 | 1,572,643 |
21.36 | 22.21 | 21.00 | 21.45 | 2,810,606 |
Backtest Denali Therapeutics | | | Denali Therapeutics History | | | Denali Therapeutics Valuation | Previous | Next |
Denali Therapeutics Trading Date Momentum on December 19, 2024
On December 20 2024 Denali Therapeutics was traded for 21.45 at the closing time. The top price for the day was 22.21 and the lowest listed price was 21.00 . The trading volume for the day was 2.8 M. The trading history from December 20, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.19% . The overall trading delta against the current closing price is 4.84% . |
Denali Therapeutics Fundamentals Correlations and Trends
By evaluating Denali Therapeutics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Denali Therapeutics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Denali financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Denali Therapeutics Stock history
Denali Therapeutics 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 Denali is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Denali Therapeutics 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 Denali Therapeutics stock prices may prove useful in developing a viable investing in Denali Therapeutics
Denali Therapeutics Inc., a biopharmaceutical company, discovers and develops therapeutic candidates for neurodegenerative diseases in the United States. Denali Therapeutics Inc. was incorporated in 2013 and is headquartered in South San Francisco, California. Denali Therapeutics operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 5 people.
Denali Therapeutics Stock Technical Analysis
Denali Therapeutics 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
Denali Therapeutics Period Price Range
Low | March 8, 2025
| High |
0.00 | 0.00 |
Denali Therapeutics cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Denali Therapeutics March 8, 2025 Market Strength
Market strength indicators help investors to evaluate how Denali Therapeutics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Denali Therapeutics shares will generate the highest return on investment. By undertsting and applying Denali Therapeutics stock market strength indicators, traders can identify Denali Therapeutics entry and exit signals to maximize returns
Denali Therapeutics Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Denali Therapeutics' price direction in advance. Along with the technical and fundamental analysis of Denali Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Denali 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 | (0.1) | |||
Jensen Alpha | (0.58) | |||
Total Risk Alpha | (0.18) | |||
Treynor Ratio | (69.90) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for Denali Stock analysis
When running Denali Therapeutics' price analysis, check to measure Denali Therapeutics' 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 Denali Therapeutics is operating at the current time. Most of Denali Therapeutics' value examination focuses on studying past and present price action to predict the probability of Denali Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Denali Therapeutics' price. Additionally, you may evaluate how the addition of Denali Therapeutics to your portfolios can decrease your overall portfolio volatility.
Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
Commodity Directory Find actively traded commodities issued by global exchanges | |
Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
Transaction History View history of all your transactions and understand their impact on performance |