Dt Midstream Stock Price on January 31, 2023

DTM Stock  USD 99.99  0.56  0.56%   
If you're considering investing in DTM Stock, it is important to understand the factors that can impact its price. As of today, the current price of DT Midstream stands at 99.99, as last reported on the 29th of December, with the highest price reaching 100.65 and the lowest price hitting 98.62 during the day. DT Midstream appears to be very steady, given 3 months investment horizon. DT Midstream retains Efficiency (Sharpe Ratio) of 0.23, which denotes the company had a 0.23% return per unit of price deviation over the last 3 months. We have found twenty-nine technical indicators for DT Midstream, which you can use to evaluate the volatility of the firm. Please utilize DT Midstream's Downside Deviation of 1.6, market risk adjusted performance of 1.17, and Standard Deviation of 1.74 to check if our risk estimates are consistent with your expectations.
  
At this time, DT Midstream's Common Stock Shares Outstanding is very stable compared to the past year. As of the 29th of December 2024, Total Stockholder Equity is likely to grow to about 4.3 B, while Capital Stock is likely to drop about 660 K. . As of the 29th of December 2024, Price To Sales Ratio is likely to grow to 7.13. Also, Price Earnings Ratio is likely to grow to 17.19. DTM Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.2297

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Estimated Market Risk

 1.75
  actual daily
15
85% of assets are more volatile

Expected Return

 0.4
  actual daily
7
93% of assets have higher returns

Risk-Adjusted Return

 0.23
  actual daily
18
82% of assets perform better
Based on monthly moving average DT Midstream is performing at about 18% 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 DT Midstream by adding it to a well-diversified portfolio.
Price Book
2.402
Enterprise Value Ebitda
14.3729
Price Sales
10.3806
Shares Float
96.9 M
Dividend Share
2.895

DT Midstream Main Headline on 31st of January 2023

Filed transaction by Dt Midstream Inc officer. Exercise or conversion of derivative security exempted pursuant to Rule 16b-3

DT Midstream Valuation on January 31, 2023

It is possible to determine the worth of DT Midstream on a given historical date. On January 31, 2023 DTM was worth 48.65 at the beginning of the trading date compared to the closed value of 49.71. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of DT Midstream stock. Still, in general, we apply an absolute valuation method to find DT Midstream'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 DT Midstream where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against DT Midstream's related companies.
 Open High Low Close Volume
  48.75    49.16    48.30    48.47    461,900  
01/31/2023
  48.65    49.72    48.41    49.71    517,600  
  49.64    50.13    48.77    49.70    635,600  
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Open Value
48.65
49.71
Closing Value
53.90
Upside

DT Midstream Trading Date Momentum on January 31, 2023

On February 01 2023 DT Midstream was traded for  49.70  at the closing time. Highest DT Midstream's price during the trading hours was 50.13  and the lowest price during the day was  48.77 . The net volume was 635.6 K. The overall trading history on the 1st of February contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 0.02% . The overall trading delta to current price is 1.29% .

DT Midstream Fundamentals Correlations and Trends

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

About DT Midstream Stock history

DT Midstream 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 DTM is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in DT Midstream 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 DT Midstream stock prices may prove useful in developing a viable investing in DT Midstream
Last ReportedProjected for Next Year
Common Stock Shares Outstanding97.5 M106.7 M
Net Income Applicable To Common Shares425.5 M313.3 M

DT Midstream Stock Technical Analysis

DT Midstream 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.
A focus of DT Midstream technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of DT Midstream 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

DT Midstream Period Price Range

Low
December 29, 2024
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High

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DT Midstream cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.

DT Midstream December 29, 2024 Market Strength

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

DT Midstream Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for DT Midstream's price direction in advance. Along with the technical and fundamental analysis of DTM Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of DTM 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.
When determining whether DT Midstream is a strong investment it is important to analyze DT Midstream's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact DT Midstream's future performance. For an informed investment choice regarding DTM Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DT Midstream. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
To learn how to invest in DTM Stock, please use our How to Invest in DT Midstream guide.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is Oil & Gas Storage & Transportation 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 DT Midstream. If investors know DTM 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 DT Midstream 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
(0.04)
Dividend Share
2.895
Earnings Share
4.11
Revenue Per Share
10.057
Quarterly Revenue Growth
0.06
The market value of DT Midstream is measured differently than its book value, which is the value of DTM that is recorded on the company's balance sheet. Investors also form their own opinion of DT Midstream's value that differs from its market value or its book value, called intrinsic value, which is DT Midstream'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 DT Midstream's market value can be influenced by many factors that don't directly affect DT Midstream'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 DT Midstream's value and its price as these two are different measures arrived at by different means. Investors typically determine if DT Midstream is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DT Midstream'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.