Data Storage Corp Stock Price on May 16, 2024

DTST Stock  USD 4.10  0.13  3.07%   
Below is the normalized historical share price chart for Data Storage Corp extending back to November 05, 2009. 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 Data Storage stands at 4.10, as last reported on the 26th of December, with the highest price reaching 4.24 and the lowest price hitting 4.03 during the day.
IPO Date
20th of September 2010
200 Day MA
4.9766
50 Day MA
4.0192
Beta
0.719
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Data Stock, it is important to understand the factors that can impact its price. Data Storage appears to be unstable, given 3 months investment horizon. Data Storage Corp secures Sharpe Ratio (or Efficiency) of 0.0523, which denotes the company had a 0.0523% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Data Storage Corp, which you can use to evaluate the volatility of the firm. Please utilize Data Storage's Downside Deviation of 5.33, mean deviation of 3.31, and Coefficient Of Variation of 1198.27 to check if our risk estimates are consistent with your expectations.
  
At this time, Data Storage's Total Stockholder Equity is comparatively stable compared to the past year. Common Stock Total Equity is likely to gain to about 155.2 K in 2024, whereas Capital Stock is likely to drop 6,537 in 2024. . At this time, Data Storage's Price To Sales Ratio is comparatively stable compared to the past year. Price Earnings Ratio is likely to gain to 54.22 in 2024, whereas Price To Book Ratio is likely to drop 0.66 in 2024. Data Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0523

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Estimated Market Risk

 5.45
  actual daily
48
52% of assets are more volatile

Expected Return

 0.29
  actual daily
5
95% of assets have higher returns

Risk-Adjusted Return

 0.05
  actual daily
4
96% of assets perform better
Based on monthly moving average Data Storage is performing at about 4% 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 Data Storage by adding it to a well-diversified portfolio.
Price Book
1.421
Enterprise Value Ebitda
12.0861
Price Sales
1.1718
Shares Float
M
Wall Street Target Price
9

Data Storage Main Headline on 16th of May 2024

Operator Ladies and gentlemen, good morning, and welcome to the Data Storage Corporation First Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.

Data Storage Valuation on May 16, 2024

It is possible to determine the worth of Data Storage on a given historical date. On May 16, 2024 Data was worth 6.39 at the beginning of the trading date compared to the closed value of 6.14. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Data Storage stock. Still, in general, we apply an absolute valuation method to find Data Storage'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 Data Storage where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Data Storage's related companies.
 Open High Low Close Volume
  6.28    6.35    5.59    6.22    298,994  
05/16/2024
  6.39    6.39    5.95    6.14    112,460  
  6.13    6.18    5.90    6.05    69,820  
Backtest Data Storage  |  Data Storage History  |  Data Storage Valuation   PreviousNext  
Open Value
6.39
6.14
Closing Value
22.75
Upside

Data Storage Trading Date Momentum on May 16, 2024

On May 17 2024 Data Storage Corp was traded for  6.05  at the closing time. The top price for the day was 6.18  and the lowest listed price was  5.90 . The trading volume for the day was 69.8 K. The trading history from May 17, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 1.47% . The overall trading delta against the current closing price is 14.01% .

Data Storage Corp Fundamentals Correlations and Trends

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

About Data Storage Stock history

Data Storage 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 Data is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Data Storage Corp 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 Data Storage stock prices may prove useful in developing a viable investing in Data Storage
Last ReportedProjected for Next Year
Common Stock Shares Outstanding7.2 M7.6 M
Net Income Applicable To Common Shares234.8 K246.5 K

Data Storage Stock Technical Analysis

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

Data Storage Period Price Range

Low
December 26, 2024
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High

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Data Storage December 26, 2024 Market Strength

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

Data Storage Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Data Storage's price direction in advance. Along with the technical and fundamental analysis of Data Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Data 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.

Additional Tools for Data Stock Analysis

When running Data Storage's price analysis, check to measure Data Storage's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Data Storage is operating at the current time. Most of Data Storage's value examination focuses on studying past and present price action to predict the probability of Data Storage's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Data Storage's price. Additionally, you may evaluate how the addition of Data Storage to your portfolios can decrease your overall portfolio volatility.