Danimer Scientific Price on October 30, 2024

DNMRDelisted Stock  USD 1.79  0.41  18.64%   
If you're considering investing in Danimer OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Danimer Scientific stands at 1.79, as last reported on the 8th of January, with the highest price reaching 2.70 and the lowest price hitting 1.76 during the day. Danimer Scientific secures Sharpe Ratio (or Efficiency) of -0.22, which denotes the company had a -0.22% return per unit of risk over the last 3 months. Danimer Scientific exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Danimer Scientific's Standard Deviation of 12.3, mean deviation of 8.19, and Variance of 151.34 to check the risk estimate we provide.
  
Danimer OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.2195

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Estimated Market Risk

 12.69
  actual daily
96
96% of assets are less volatile

Expected Return

 -2.78
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.22
  actual daily
0
Most of other assets perform better
Based on monthly moving average Danimer Scientific 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 Danimer Scientific by adding Danimer Scientific to a well-diversified portfolio.

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Danimer Scientific Valuation on October 30, 2024

It is possible to determine the worth of Danimer Scientific on a given historical date. On October 30, 2024 Danimer was worth 14.4 at the beginning of the trading date compared to the closed value of 13.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Danimer Scientific otc stock. Still, in general, we apply an absolute valuation method to find Danimer Scientific'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 Danimer Scientific where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Danimer Scientific's related companies.
 Open High Low Close Volume
  14.96    15.40    14.04    14.44    15,668  
10/30/2024
  14.40    14.84    13.04    13.20    24,505  
  13.40    14.16    12.88    13.08    13,573  
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Open Value
14.4
13.2
Closing Value
52.47
Upside

Danimer Scientific Trading Date Momentum on October 30, 2024

On October 31 2024 Danimer Scientific was traded for  13.08  at the closing time. The top price for the day was 14.16  and the lowest listed price was  12.88 . The trading volume for the day was 13.6 K. The trading history from October 31, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.91% . The overall trading delta against the current closing price is 12.12% .

Danimer Scientific Fundamentals Correlations and Trends

By evaluating Danimer Scientific'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 Danimer Scientific's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Danimer financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Danimer Scientific OTC Stock history

Danimer Scientific 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 Danimer is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Danimer Scientific 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 Danimer Scientific stock prices may prove useful in developing a viable investing in Danimer Scientific
Danimer Scientific, Inc., a performance polymer company, develops, produces, and provides bioplastic replacements for traditional petroleum-based plastics. Danimer Scientific, Inc. was founded in 2004 and is headquartered in Bainbridge, Georgia. Danimer Scientific operates under Specialty Chemicals classification in the United States and is traded on New York Stock Exchange. It employs 282 people.

Danimer Scientific OTC Stock Technical Analysis

Danimer Scientific technical otc 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, otc market cycles, or different charting patterns.
A focus of Danimer Scientific technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Danimer Scientific trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Danimer Scientific Period Price Range

Low
January 8, 2025
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Danimer Scientific cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQX 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.

Danimer Scientific January 8, 2025 Market Strength

Market strength indicators help investors to evaluate how Danimer Scientific otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Danimer Scientific shares will generate the highest return on investment. By undertsting and applying Danimer Scientific otc stock market strength indicators, traders can identify Danimer Scientific entry and exit signals to maximize returns

Danimer Scientific Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Danimer Scientific's price direction in advance. Along with the technical and fundamental analysis of Danimer OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Danimer 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.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Danimer Scientific. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in population.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

Other Consideration for investing in Danimer OTC Stock

If you are still planning to invest in Danimer Scientific check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Danimer Scientific's history and understand the potential risks before investing.
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