DRQ Old Price on September 3, 2024
DRQDelisted Stock | USD 15.88 0.43 2.78% |
If you're considering investing in DRQ Stock, it is important to understand the factors that can impact its price. As of today, the current price of DRQ Old stands at 15.88, as last reported on the 8th of January, with the highest price reaching 16.09 and the lowest price hitting 15.37 during the day. We have found twenty-four technical indicators for DRQ Old, which you can use to evaluate the volatility of the firm. Please confirm DRQ Old's Standard Deviation of 2.65, mean deviation of 1.89, and Coefficient Of Variation of (2,908) to check if the risk estimate we provide is consistent with the expected return of 0.0%.
DRQ Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
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Sharpe Ratio = 0.0
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Based on monthly moving average DRQ Old 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 DRQ Old by adding DRQ Old to a well-diversified portfolio.
Related Headline
Ranger Energy Headline on 3rd of September 2024
Disposition of 8827 shares by Stuart Bodden of Ranger Energy... by Stuart Bodden
Filed transaction by Ranger Energy Services Director, Officer: Chief Executive Officer. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)
DRQ Old Valuation on September 3, 2024
It is possible to determine the worth of DRQ Old on a given historical date. On September 3, 2024 DRQ was worth 16.23 at the beginning of the trading date compared to the closed value of 15.63. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of DRQ Old stock. Still, in general, we apply an absolute valuation method to find DRQ Old'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 DRQ Old where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against DRQ Old's related companies.
Open | High | Low | Close | Volume | |
16.30 | 16.39 | 15.83 | 16.31 | 416,318 | |
09/03/2024 | 16.23 | 16.23 | 15.38 | 15.63 | 283,481 |
15.73 | 15.93 | 15.52 | 15.82 | 307,419 |
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DRQ Old Trading Date Momentum on September 3, 2024
On September 04 2024 DRQ Old was traded for 15.82 at the closing time. Highest DRQ Old's price during the trading hours was 15.93 and the lowest price during the day was 15.52 . The net volume was 307.4 K. The overall trading history on the 4th of September contributed to the next trading period price gain. The overall trading delta to the next next day price was 1.22% . The overall trading delta to current price is 1.15% . |
DRQ Old Fundamentals Correlations and Trends
By evaluating DRQ Old'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 DRQ Old's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. DRQ financial account trend analysis is a perfect complement when working with valuation or volatility modules.About DRQ Old Stock history
DRQ Old 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 DRQ is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in DRQ Old 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 DRQ Old stock prices may prove useful in developing a viable investing in DRQ Old
Dril-Quip, Inc., together with its subsidiaries, designs, manufactures, sells, and services engineered drilling and production equipment for use in deepwater, harsh environment, and severe service applications worldwide. The company was founded in 1981 and is headquartered in Houston, Texas. Dril Quip operates under Oil Gas Equipment Services classification in the United States and is traded on New York Stock Exchange. It employs 1342 people.
DRQ Old Stock Technical Analysis
DRQ Old 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, delisted stock market cycles, or different charting patterns.
Price Boundaries
DRQ Old Period Price Range
Low | January 8, 2025
| High |
0.00 | 0.00 |
DRQ Old 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.
DRQ Old January 8, 2025 Market Strength
Market strength indicators help investors to evaluate how DRQ Old stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading DRQ Old shares will generate the highest return on investment. By undertsting and applying DRQ Old stock market strength indicators, traders can identify DRQ Old entry and exit signals to maximize returns
DRQ Old Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for DRQ Old's price direction in advance. Along with the technical and fundamental analysis of DRQ Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of DRQ 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 | (0.11) | |||
Total Risk Alpha | (0.16) | |||
Treynor Ratio | (0.13) |
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Check out Investing Opportunities to better understand how to build diversified portfolios. 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. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Other Consideration for investing in DRQ Stock
If you are still planning to invest in DRQ Old 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 DRQ Old's history and understand the potential risks before investing.
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