Dorian Lpg Stock Price on December 18, 2024
LPG Stock | USD 23.32 0.38 1.66% |
If you're considering investing in Dorian Stock, it is important to understand the factors that can impact its price. As of today, the current price of Dorian LPG stands at 23.32, as last reported on the 18th of December 2024, with the highest price reaching 23.87 and the lowest price hitting 23.07 during the day. Dorian LPG secures Sharpe Ratio (or Efficiency) of -0.28, which denotes the company had a -0.28% return per unit of risk over the last 3 months. Dorian LPG exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dorian LPG's Mean Deviation of 1.58, variance of 4.26, and Standard Deviation of 2.06 to check the risk estimate we provide.
Dorian Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Dorian |
Sharpe Ratio = -0.278
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Estimated Market Risk
2.06 actual daily | 18 82% of assets are more volatile |
Expected Return
-0.57 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.28 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Dorian LPG 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 Dorian LPG by adding Dorian LPG to a well-diversified portfolio.
Dorian LPG Valuation on December 18, 2024
It is possible to determine the worth of Dorian LPG on a given historical date. On December 18, 2024 Dorian was worth 23.07 at the beginning of the trading date compared to the closed value of 23.32. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Dorian LPG stock. Still, in general, we apply an absolute valuation method to find Dorian LPG'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 Dorian LPG where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Dorian LPG's related companies.
Open | High | Low | Close | Volume | |
22.95 | 23.23 | 22.62 | 22.94 | 855,051 | |
12/18/2024 | 23.07 | 23.87 | 23.07 | 23.32 | 696,728 |
Backtest Dorian LPG | | | Dorian LPG History | | | Dorian LPG Valuation | Previous |
Dorian LPG Trading Date Momentum on December 18, 2024
On December 18 2024 Dorian LPG was traded for 23.32 at the closing time. Highest Dorian LPG's price during the trading hours was 23.87 and the lowest price during the day was 23.07 . The net volume was 696.7 K. The overall trading history on the 18th of December 2024 did not affect price variability. The overall trading delta to current price is 1.07% . |
Dorian LPG Fundamentals Correlations and Trends
By evaluating Dorian LPG'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 Dorian LPG's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Dorian financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Dorian LPG Stock history
Dorian LPG 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 Dorian is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Dorian LPG 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 Dorian LPG stock prices may prove useful in developing a viable investing in Dorian LPG
Dorian LPG Ltd., together with its subsidiaries, engages in the transportation of liquefied petroleum gas through its LPG tankers worldwide. The company was incorporated in 2013 and is headquartered in Stamford, Connecticut. Dorian Lpg operates under Oil Gas Midstream classification in the United States and is traded on New York Stock Exchange. It employs 541 people.
Dorian LPG Stock Technical Analysis
Dorian LPG 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
Dorian LPG Period Price Range
Low | December 18, 2024
| High |
0.00 | 0.00 |
Dorian LPG 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.
Dorian LPG December 18, 2024 Market Strength
Market strength indicators help investors to evaluate how Dorian LPG stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Dorian LPG shares will generate the highest return on investment. By undertsting and applying Dorian LPG stock market strength indicators, traders can identify Dorian LPG entry and exit signals to maximize returns
Dorian LPG Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Dorian LPG's price direction in advance. Along with the technical and fundamental analysis of Dorian Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Dorian 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 | (0.21) | |||
Jensen Alpha | (0.59) | |||
Total Risk Alpha | (0.63) | |||
Treynor Ratio | (1.26) |
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Complementary Tools for Dorian Stock analysis
When running Dorian LPG's price analysis, check to measure Dorian LPG'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 Dorian LPG is operating at the current time. Most of Dorian LPG's value examination focuses on studying past and present price action to predict the probability of Dorian LPG's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dorian LPG's price. Additionally, you may evaluate how the addition of Dorian LPG to your portfolios can decrease your overall portfolio volatility.
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