Deere Company Stock Price on June 28, 2017
| DE Stock | USD 394.62 2.59 0.65% |
If you're considering investing in Deere Stock, it is important to understand the factors that can impact its price. As of today, the current price of Deere stands at 394.62, as last reported on the 25th of April, with the highest price reaching 397.76 and the lowest price hitting 392.37 during the day. Deere Company secures Sharpe Ratio (or Efficiency) of -0.0166, which denotes the company had a -0.0166% return per unit of standard deviation over the last month. Deere Company exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Deere's Coefficient Of Variation of (8,272), mean deviation of 0.7519, and Standard Deviation of 1.24 to check the risk estimate we provide.
Deere Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Deere |
Sharpe Ratio = -0.0166
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Estimated Market Risk
| 1.24 actual daily | 10 90% of assets are more volatile |
Expected Return
| -0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Deere 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 Deere by adding Deere to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
About Deere Stock history
Deere 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 Deere is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Deere Company 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 Deere stock prices may prove useful in developing a viable investing in Deere
Deere Company manufactures and distributes various equipment worldwide. Deere Company was founded in 1837 and is headquartered in Moline, Illinois. Deere operates under Engines And Heavy Machinery classification in the United States and is traded on New York Stock Exchange.
Deere Stock Technical Analysis
Deere 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
Deere Period Price Range
Deere April 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Deere stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Deere shares will generate the highest return on investment. By undertsting and applying Deere stock market strength indicators, traders can identify Deere Company entry and exit signals to maximize returns
| Accumulation Distribution | 0.0136 | |||
| Daily Balance Of Power | (0.48) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 395.07 | |||
| Day Typical Price | 394.92 | |||
| Market Facilitation Index | 5.39 | |||
| Price Action Indicator | (1.74) | |||
| Period Momentum Indicator | (2.59) |
Deere Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Deere's price direction in advance. Along with the technical and fundamental analysis of Deere Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Deere 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) | |||
| Jensen Alpha | 0.0683 | |||
| Total Risk Alpha | 0.1328 | |||
| Treynor Ratio | (0.02) |
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| Statistic Functions | ||
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| Volume Indicators |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Deere Company. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the Deere Company information on this page should be used as a complementary analysis to other Deere's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Complementary Tools for Deere Stock analysis
When running Deere's price analysis, check to measure Deere'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 Deere is operating at the current time. Most of Deere's value examination focuses on studying past and present price action to predict the probability of Deere's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Deere's price. Additionally, you may evaluate how the addition of Deere to your portfolios can decrease your overall portfolio volatility.
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Is Deere's industry 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 Deere. If investors know Deere 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 Deere listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Deere Company is measured differently than its book value, which is the value of Deere that is recorded on the company's balance sheet. Investors also form their own opinion of Deere's value that differs from its market value or its book value, called intrinsic value, which is Deere'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 Deere's market value can be influenced by many factors that don't directly affect Deere'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 Deere's value and its price as these two are different measures arrived at by different means. Investors typically determine if Deere is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Deere'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.