Dampskibsselskabet (Denmark) Price on December 2, 2024
DNORD Stock | DKK 209.60 4.80 2.24% |
If you're considering investing in Dampskibsselskabet Stock, it is important to understand the factors that can impact its price. As of today, the current price of Dampskibsselskabet stands at 209.60, as last reported on the 12th of December 2024, with the highest price reaching 212.80 and the lowest price hitting 209.20 during the day. Dampskibsselskabet secures Sharpe Ratio (or Efficiency) of -0.17, which denotes the company had a -0.17% return per unit of risk over the last 3 months. Dampskibsselskabet Norden AS exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dampskibsselskabet's Variance of 3.57, mean deviation of 1.53, and Standard Deviation of 1.89 to check the risk estimate we provide.
Dampskibsselskabet Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Dampskibsselskabet |
Sharpe Ratio = -0.1672
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Estimated Market Risk
1.89 actual daily | 16 84% of assets are more volatile |
Expected Return
-0.32 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.17 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Dampskibsselskabet 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 Dampskibsselskabet by adding Dampskibsselskabet to a well-diversified portfolio.
Dampskibsselskabet Valuation on December 2, 2024
It is possible to determine the worth of Dampskibsselskabet on a given historical date. On December 2, 2024 Dampskibsselskabet was worth 212.0 at the beginning of the trading date compared to the closed value of 209.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Dampskibsselskabet stock. Still, in general, we apply an absolute valuation method to find Dampskibsselskabet'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 Dampskibsselskabet where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Dampskibsselskabet's related companies.
Open | High | Low | Close | Volume | |
210.20 | 212.80 | 210.00 | 212.80 | 84,833 | |
12/02/2024 | 212.00 | 212.00 | 208.60 | 209.60 | 89,642 |
210.60 | 214.60 | 209.00 | 213.60 | 149,823 |
Backtest Dampskibsselskabet | | | Dampskibsselskabet History | | | Dampskibsselskabet Valuation | Previous | Next |
Dampskibsselskabet Trading Date Momentum on December 2, 2024
On December 03 2024 Dampskibsselskabet Norden AS was traded for 213.60 at the closing time. The highest price during the trading period was 214.60 and the lowest recorded bid was listed for 209.00 . The volume for the day was 149.8 K. This history from December 3, 2024 contributed to the next trading day price growth. The overall trading delta to the next closing price was 1.91% . The overall trading delta to the current price is 1.34% . |
Dampskibsselskabet Fundamentals Correlations and Trends
By evaluating Dampskibsselskabet'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 Dampskibsselskabet's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Dampskibsselskabet financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Dampskibsselskabet Stock history
Dampskibsselskabet 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 Dampskibsselskabet is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Dampskibsselskabet 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 Dampskibsselskabet stock prices may prove useful in developing a viable investing in Dampskibsselskabet
Dampskibsselskabet NORDEN AS, a shipping company, owns and operates dry cargo and tanker vessels worldwide. Dampskibsselskabet NORDEN AS was founded in 1871 and is headquartered in Hellerup, Denmark. DS Norden operates under Shipping classification in Denmark and is traded on Copenhagen Stock Exchange. It employs 1229 people.
Dampskibsselskabet Stock Technical Analysis
Dampskibsselskabet 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
Dampskibsselskabet Period Price Range
Low | December 12, 2024
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0.00 | 0.00 |
Dampskibsselskabet Norden AS cannot be verified against its exchange. Please verify the symbol is currently traded on Copenhagen 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.
Dampskibsselskabet December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Dampskibsselskabet stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Dampskibsselskabet shares will generate the highest return on investment. By undertsting and applying Dampskibsselskabet stock market strength indicators, traders can identify Dampskibsselskabet Norden AS entry and exit signals to maximize returns
Dampskibsselskabet Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Dampskibsselskabet's price direction in advance. Along with the technical and fundamental analysis of Dampskibsselskabet Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Dampskibsselskabet 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 | (0.09) | |||
Jensen Alpha | (0.29) | |||
Total Risk Alpha | (0.57) | |||
Treynor Ratio | (1.97) |
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Complementary Tools for Dampskibsselskabet Stock analysis
When running Dampskibsselskabet's price analysis, check to measure Dampskibsselskabet'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 Dampskibsselskabet is operating at the current time. Most of Dampskibsselskabet's value examination focuses on studying past and present price action to predict the probability of Dampskibsselskabet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dampskibsselskabet's price. Additionally, you may evaluate how the addition of Dampskibsselskabet to your portfolios can decrease your overall portfolio volatility.
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