Dt Midstream Stock Price on November 26, 2024
| DTM Stock | USD 106.12 0.31 0.29% |
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 106.12, as last reported on the 29th of November, with the highest price reaching 107.15 and the lowest price hitting 105.78 during the day. DT Midstream appears to be very steady, given 3 months investment horizon. DT Midstream retains Efficiency (Sharpe Ratio) of 0.37, which denotes the company had a 0.37% return per unit of price deviation over the last 3 months. By examining DT Midstream's technical indicators, you can evaluate if the expected return of 0.53% is justified by implied risk. Please utilize DT Midstream's Market Risk Adjusted Performance of 0.699, standard deviation of 1.42, and Downside Deviation of 1.05 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 November 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 November 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.
DTM |
Sharpe Ratio = 0.3731
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Estimated Market Risk
| 1.41 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.53 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.37 actual daily | 29 71% of assets perform better |
Based on monthly moving average DT Midstream is performing at about 29% 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 2.5418 | Enterprise Value Ebitda 15.0362 | Price Sales 10.9848 | Shares Float 96.9 M | Dividend Share 2.895 |
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DT Midstream Valuation on November 26, 2024
It is possible to determine the worth of DT Midstream on a given historical date. On November 26, 2024 DTM was worth 106.09 at the beginning of the trading date compared to the closed value of 106.75. 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 | |
| 109.12 | 109.38 | 105.03 | 105.73 | 1,488,112 | |
11/26/2024 | 106.09 | 107.09 | 105.30 | 106.75 | 921,809 |
| 106.50 | 106.63 | 105.22 | 105.81 | 946,507 |
| Backtest DT Midstream | | | DT Midstream History | | | DT Midstream Valuation | Previous | Next |
DT Midstream Trading Date Momentum on November 26, 2024
| On November 27 2024 DT Midstream was traded for 105.81 at the closing time. Highest DT Midstream's price during the trading hours was 106.63 and the lowest price during the day was 105.22 . The net volume was 946.5 K. The overall trading history on the 27th of November contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 0.88% . The overall trading delta to current price is 0.13% . |
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 Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 97.5 M | 106.7 M | |
| Net Income Applicable To Common Shares | 425.5 M | 313.3 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.
Price Boundaries
DT Midstream Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
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 November 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.
| Risk Adjusted Performance | 0.283 | |||
| Jensen Alpha | 0.422 | |||
| Total Risk Alpha | 0.2927 | |||
| Sortino Ratio | 0.3728 | |||
| Treynor Ratio | 0.689 |
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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 Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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.