Davis Commodities Limited Stock Price on November 12, 2024
| DTCK Stock | 1.14 0.05 4.59% |
If you're considering investing in Davis Stock, it is important to understand the factors that can impact its price. As of today, the current price of Davis Commodities stands at 1.14, as last reported on the 11th of December 2024, with the highest price reaching 1.24 and the lowest price hitting 1.00 during the day. Davis Commodities secures Sharpe Ratio (or Efficiency) of -0.0068, which denotes the company had a -0.0068% return per unit of risk over the last 3 months. Davis Commodities Limited exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Davis Commodities' Standard Deviation of 3.73, variance of 13.9, and Mean Deviation of 2.54 to check the risk estimate we provide.
At this time, Davis Commodities' Common Stock Shares Outstanding is quite stable compared to the past year. Issuance Of Capital Stock is expected to rise to about 3.3 M this year, although the value of Total Stockholder Equity will most likely fall to about 5.7 M. . The value of Price To Sales Ratio is estimated to slide to 0.17. The value of Price Earnings Ratio is estimated to slide to 22.29. Davis Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Davis |
Sharpe Ratio = -0.0068
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| Negative Returns | DTCK |
Estimated Market Risk
| 3.77 actual daily | 33 67% of assets are more volatile |
Expected Return
| -0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Davis Commodities 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 Davis Commodities by adding Davis Commodities to a well-diversified portfolio.
Price Book 1.9339 | Enterprise Value Ebitda 27.409 | Price Sales 0.1407 | Shares Float 312.1 K | Earnings Share 0.02 |
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Davis Commodities Valuation on November 12, 2024
It is possible to determine the worth of Davis Commodities on a given historical date. On November 12, 2024 Davis was worth 1.08 at the beginning of the trading date compared to the closed value of 1.07. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Davis Commodities stock. Still, in general, we apply an absolute valuation method to find Davis Commodities' 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 Davis Commodities where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Davis Commodities' related companies.
| Open | High | Low | Close | Volume | |
| 1.11 | 1.13 | 1.05 | 1.08 | 55,813 | |
11/12/2024 | 1.08 | 1.10 | 1.06 | 1.07 | 31,331 |
| 1.05 | 1.06 | 1.03 | 1.04 | 49,275 |
| Backtest Davis Commodities | | | Davis Commodities History | | | Davis Commodities Valuation | Previous | Next |
Davis Commodities Trading Date Momentum on November 12, 2024
| On November 13 2024 Davis Commodities Limited was traded for 1.04 at the closing time. The top price for the day was 1.06 and the lowest listed price was 1.03 . The trading volume for the day was 49.3 K. The trading history from November 13, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 2.80% . The overall trading delta against the current closing price is 14.95% . |
Davis Commodities Fundamentals Correlations and Trends
By evaluating Davis Commodities' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Davis Commodities' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Davis financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Davis Commodities Stock history
Davis Commodities 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 Davis is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Davis Commodities 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 Davis Commodities stock prices may prove useful in developing a viable investing in Davis Commodities
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 24.5 M | 26.8 M | |
| Net Income Applicable To Common Shares | 5.3 M | 3.6 M |
Davis Commodities Quarterly Net Working Capital |
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Davis Commodities Stock Technical Analysis
Davis Commodities 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
Davis Commodities Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Davis Commodities Limited 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.
Davis Commodities December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Davis Commodities stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Davis Commodities shares will generate the highest return on investment. By undertsting and applying Davis Commodities stock market strength indicators, traders can identify Davis Commodities Limited entry and exit signals to maximize returns
Davis Commodities Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Davis Commodities' price direction in advance. Along with the technical and fundamental analysis of Davis Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Davis 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 | 0.0026 | |||
| Jensen Alpha | 0.0055 | |||
| Total Risk Alpha | (0.63) | |||
| Treynor Ratio | 0.1 |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Davis Commodities Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Is Consumer Staples Distribution & Retail 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 Davis Commodities. If investors know Davis 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 Davis Commodities listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.38) | Earnings Share 0.02 | Revenue Per Share 6.361 | Quarterly Revenue Growth (0.32) | Return On Assets 0.0017 |
The market value of Davis Commodities is measured differently than its book value, which is the value of Davis that is recorded on the company's balance sheet. Investors also form their own opinion of Davis Commodities' value that differs from its market value or its book value, called intrinsic value, which is Davis Commodities' 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 Davis Commodities' market value can be influenced by many factors that don't directly affect Davis Commodities' 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 Davis Commodities' value and its price as these two are different measures arrived at by different means. Investors typically determine if Davis Commodities is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Davis Commodities' 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.