Draganfly Stock Price on September 29, 2023
| DPRO Stock | USD 4.50 0.03 0.66% |
Below is the normalized historical share price chart for Draganfly extending back to December 04, 2019. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Draganfly stands at 4.50, as last reported on the 11th of December 2024, with the highest price reaching 4.81 and the lowest price hitting 3.90 during the day.
If you're considering investing in Draganfly Stock, it is important to understand the factors that can impact its price. Draganfly is dangerous given 3 months investment horizon. Draganfly secures Sharpe Ratio (or Efficiency) of 0.18, which denotes the company had a 0.18% return per unit of standard deviation over the last 3 months. We were able to interpolate data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.72% are justified by taking the suggested risk. Use Draganfly Downside Deviation of 6.61, semi deviation of 6.01, and Mean Deviation of 7.01 to evaluate company specific risk that cannot be diversified away.
At this time, Draganfly's Liabilities And Stockholders Equity is very stable compared to the past year. As of the 11th of December 2024, Stock Based Compensation is likely to grow to about 2.8 M, while Other Stockholder Equity is likely to drop about 4.4 M. . At this time, Draganfly's Price Book Value Ratio is very stable compared to the past year. As of the 11th of December 2024, Price To Book Ratio is likely to grow to 1,766, while Price To Sales Ratio is likely to drop 99.37. Draganfly Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 4th of December 2019 | 200 Day MA 4.3588 | 50 Day MA 2.8897 | Beta 1.651 |
Draganfly |
Sharpe Ratio = 0.1782
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Estimated Market Risk
| 9.67 actual daily | 86 86% of assets are less volatile |
Expected Return
| 1.72 actual daily | 34 66% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average Draganfly is performing at about 14% of its full potential. 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 Draganfly by adding it to a well-diversified portfolio.
Price Book 6.7544 | Enterprise Value Ebitda (7.79) | Price Sales 4.0197 | Shares Float 2.8 M | Wall Street Target Price 5.9229 |
Draganfly Valuation on September 29, 2023
It is possible to determine the worth of Draganfly on a given historical date. On September 29, 2023 Draganfly was worth 19.25 at the beginning of the trading date compared to the closed value of 19.23. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Draganfly stock. Still, in general, we apply an absolute valuation method to find Draganfly'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 Draganfly where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Draganfly's related companies.
| Open | High | Low | Close | Volume | |
| 20.00 | 20.00 | 18.75 | 19.48 | 7,653 | |
09/29/2023 | 19.25 | 19.98 | 18.81 | 19.23 | 8,416 |
| 19.75 | 20.00 | 17.75 | 18.25 | 10,094 |
| Backtest Draganfly | | | Draganfly History | | | Draganfly Valuation | Previous | Next |
Draganfly Trading Date Momentum on September 29, 2023
| On October 02 2023 Draganfly was traded for 18.25 at the closing time. The top price for the day was 20.00 and the lowest listed price was 17.75 . The trading volume for the day was 10.1 K. The trading history from October 2, 2023 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 5.10% . The overall trading delta against the current closing price is 2.91% . |
Draganfly Fundamentals Correlations and Trends
By evaluating Draganfly'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 Draganfly's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Draganfly financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Draganfly Stock history
Draganfly 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 Draganfly is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Draganfly 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 Draganfly stock prices may prove useful in developing a viable investing in Draganfly
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.7 M | 1.6 M | |
| Net Loss | -24.9 M | -23.6 M |
Draganfly Stock Technical Analysis
Draganfly 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
Draganfly Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
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Draganfly December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Draganfly stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Draganfly shares will generate the highest return on investment. By undertsting and applying Draganfly stock market strength indicators, traders can identify Draganfly entry and exit signals to maximize returns
Draganfly Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Draganfly's price direction in advance. Along with the technical and fundamental analysis of Draganfly Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Draganfly 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 | 0.1311 | |||
| Jensen Alpha | 1.35 | |||
| Total Risk Alpha | 0.0901 | |||
| Sortino Ratio | 0.2317 | |||
| Treynor Ratio | 0.6346 |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Draganfly. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in Draganfly Stock, please use our How to Invest in Draganfly guide.You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Draganfly. If investors know Draganfly will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Draganfly listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (3.77) | Revenue Per Share 2.826 | Quarterly Revenue Growth (0.09) | Return On Assets (0.86) | Return On Equity (6.07) |
The market value of Draganfly is measured differently than its book value, which is the value of Draganfly that is recorded on the company's balance sheet. Investors also form their own opinion of Draganfly's value that differs from its market value or its book value, called intrinsic value, which is Draganfly's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Draganfly's market value can be influenced by many factors that don't directly affect Draganfly's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Draganfly's value and its price as these two are different measures arrived at by different means. Investors typically determine if Draganfly is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Draganfly's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.