Discover Financial Services Stock Price on May 9, 2024
| DFS Stock | USD 126.93 1.22 0.97% |
Below is the normalized historical share price chart for Discover Financial Services extending back to June 14, 2007. 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 Discover Financial stands at 126.93, as last reported on the 20th of June, with the highest price reaching 127.00 and the lowest price hitting 125.55 during the day.
If you're considering investing in Discover Stock, it is important to understand the factors that can impact its price. We consider Discover Financial very steady. Discover Financial secures Sharpe Ratio (or Efficiency) of 0.0244, which denotes the company had a 0.0244% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Discover Financial Services, which you can use to evaluate the volatility of the firm. Please confirm Discover Financial's Mean Deviation of 1.04, downside deviation of 1.32, and Coefficient Of Variation of 1376.59 to check if the risk estimate we provide is consistent with the expected return of 0.032%.
Common Stock Shares Outstanding is likely to gain to about 341.1 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 10.5 B in 2024. . At this time, Discover Financial's Price Earnings Ratio is comparatively stable compared to the past year. Price To Operating Cash Flows Ratio is likely to gain to 5.74 in 2024, whereas Price Book Value Ratio is likely to drop 1.71 in 2024. Discover Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 2nd of July 2007 | 200 Day MA 107.7752 | 50 Day MA 124.0768 | Beta 1.409 |
Discover |
Sharpe Ratio = 0.0244
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| Negative Returns | DFS |
Estimated Market Risk
| 1.31 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Discover Financial is performing at about 1% 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 Discover Financial by adding it to a well-diversified portfolio.
Price Book 2.1998 | Price Sales 3.0782 | Shares Float 249 M | Dividend Share 2.8 | Wall Street Target Price 135.33 |
Related Headline
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Operator Good day, and welcome to the Amtech Systems Fiscal Second Quarter 2024 Earnings Call. Please note that this event is being recorded.
Discover Financial Valuation on May 9, 2024
It is possible to determine the worth of Discover Financial on a given historical date. On May 9, 2024 Discover was worth 122.66 at the beginning of the trading date compared to the closed value of 123.35. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Discover Financial stock. Still, in general, we apply an absolute valuation method to find Discover Financial'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 Discover Financial where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Discover Financial's related companies.
| Open | High | Low | Close | Volume | |
| 122.23 | 123.34 | 122.23 | 122.88 | 519,599 | |
05/09/2024 | 122.66 | 123.78 | 122.55 | 123.35 | 1,135,247 |
| 123.72 | 124.00 | 122.50 | 122.71 | 979,142 |
| Backtest Discover Financial | | | Discover Financial History | | | Discover Financial Valuation | Previous | Next |
Discover Financial Trading Date Momentum on May 9, 2024
| On May 10 2024 Discover Financial Services was traded for 122.71 at the closing time. Highest Discover Financial's price during the trading hours was 124.00 and the lowest price during the day was 122.50 . The net volume was 979.1 K. The overall trading history on the 10th of May contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 0.52% . The overall trading delta to current price is 1.22% . |
Discover Financial Fundamentals Correlations and Trends
By evaluating Discover Financial'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 Discover Financial's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Discover financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Discover Financial Stock history
Discover Financial 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 Discover is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Discover Financial 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 Discover Financial stock prices may prove useful in developing a viable investing in Discover Financial
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 254 M | 341.1 M | |
| Net Income Applicable To Common Shares | 4.9 B | 5.2 B |
Discover Financial Stock Technical Analysis
Discover Financial 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
Discover Financial Period Price Range
Low | May 9, 2024
| High |
122.66 | 123.35 |
Discover Financial June 20, 2024 Market Strength
Market strength indicators help investors to evaluate how Discover Financial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Discover Financial shares will generate the highest return on investment. By undertsting and applying Discover Financial stock market strength indicators, traders can identify Discover Financial Services entry and exit signals to maximize returns
| Accumulation Distribution | 11280.93 | |||
| Daily Balance Of Power | 0.561 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 123.17 | |||
| Day Typical Price | 123.23 | |||
| Price Action Indicator | 0.53 | |||
| Period Momentum Indicator | 3.58 |
Discover Financial Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Discover Financial's price direction in advance. Along with the technical and fundamental analysis of Discover Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Discover 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 | 0.0507 | |||
| Jensen Alpha | 0.087 | |||
| Total Risk Alpha | 0.0853 | |||
| Sortino Ratio | 0.0665 | |||
| Treynor Ratio | 0.0654 |
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Additional Tools for Discover Stock Analysis
When running Discover Financial's price analysis, check to measure Discover Financial'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 Discover Financial is operating at the current time. Most of Discover Financial's value examination focuses on studying past and present price action to predict the probability of Discover Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Discover Financial's price. Additionally, you may evaluate how the addition of Discover Financial to your portfolios can decrease your overall portfolio volatility.