Daktronics Stock Price on September 8, 2020
| DAKT Stock | USD 9.11 0.03 0.33% |
Below is the normalized historical share price chart for Daktronics extending back to February 10, 1994. 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 Daktronics stands at 9.11, as last reported on the 23rd of April, with the highest price reaching 9.20 and the lowest price hitting 8.93 during the day.
If you're considering investing in Daktronics Stock, it is important to understand the factors that can impact its price. Daktronics appears to be not too volatile, given 3 months investment horizon. Daktronics secures Sharpe Ratio (or Efficiency) of 0.11, which denotes the company had a 0.11% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Daktronics, which you can use to evaluate the volatility of the firm. Please utilize Daktronics' Coefficient Of Variation of 920.82, mean deviation of 2.0, and Downside Deviation of 2.73 to check if our risk estimates are consistent with your expectations.
At this time, Daktronics' Liabilities And Stockholders Equity is comparatively stable compared to the past year. Common Stock Total Equity is likely to gain to about 73.1 M in 2024, whereas Other Stockholder Equity is likely to drop slightly above 28.6 M in 2024. . Price Earnings Ratio is likely to gain to 268.49 in 2024, whereas Price To Sales Ratio is likely to drop 0.24 in 2024. Daktronics Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 10th of February 1994 | 200 Day MA 8.6985 | 50 Day MA 8.971 | Beta 1.091 |
Daktronics |
Sharpe Ratio = 0.1077
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Estimated Market Risk
| 2.47 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.27 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Daktronics is performing at about 8% 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 Daktronics by adding it to a well-diversified portfolio.
Price Book 1.7769 | Enterprise Value Ebitda 4.1884 | Price Sales 0.5169 | Shares Float 35.9 M | Wall Street Target Price 13.4 |
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 Daktronics Stock history
Daktronics 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 Daktronics is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Daktronics 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 Daktronics stock prices may prove useful in developing a viable investing in Daktronics
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 52.3 M | 43.5 M | |
| Net Income Applicable To Common Shares | 6.1 M | 10 M |
Daktronics Quarterly Net Working Capital |
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Daktronics Stock Technical Analysis
Daktronics 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
Daktronics Period Price Range
Daktronics April 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Daktronics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Daktronics shares will generate the highest return on investment. By undertsting and applying Daktronics stock market strength indicators, traders can identify Daktronics entry and exit signals to maximize returns
| Accumulation Distribution | 8150.8 | |||
| Daily Balance Of Power | (0.11) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 9.07 | |||
| Day Typical Price | 9.08 | |||
| Price Action Indicator | 0.03 | |||
| Period Momentum Indicator | (0.03) |
Daktronics Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Daktronics' price direction in advance. Along with the technical and fundamental analysis of Daktronics Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Daktronics 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 | 0.0741 | |||
| Jensen Alpha | 0.142 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | 0.0709 | |||
| Treynor Ratio | 0.1598 |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Daktronics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry. For more information on how to buy Daktronics Stock please use our How to Invest in Daktronics 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.
Complementary Tools for Daktronics Stock analysis
When running Daktronics' price analysis, check to measure Daktronics' 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 Daktronics is operating at the current time. Most of Daktronics' value examination focuses on studying past and present price action to predict the probability of Daktronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Daktronics' price. Additionally, you may evaluate how the addition of Daktronics to your portfolios can decrease your overall portfolio volatility.
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Is Daktronics' 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 Daktronics. If investors know Daktronics 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 Daktronics 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 0.182 | Earnings Share 1.16 | Revenue Per Share 17.694 | Quarterly Revenue Growth (0.08) | Return On Assets 0.1127 |
The market value of Daktronics is measured differently than its book value, which is the value of Daktronics that is recorded on the company's balance sheet. Investors also form their own opinion of Daktronics' value that differs from its market value or its book value, called intrinsic value, which is Daktronics' 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 Daktronics' market value can be influenced by many factors that don't directly affect Daktronics' 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 Daktronics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Daktronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Daktronics' 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.