Dollarama Stock Price on October 7, 2021
| DLMAF Stock | USD 84.35 0.57 0.68% |
If you're considering investing in Dollarama Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Dollarama stands at 84.35, as last reported on the 24th of April, with the highest price reaching 84.35 and the lowest price hitting 83.45 during the day. Dollarama appears to be very steady, given 3 months investment horizon. Dollarama secures Sharpe Ratio (or Efficiency) of 0.14, which denotes the company had a 0.14% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Dollarama, which you can use to evaluate the volatility of the firm. Please utilize Dollarama's Downside Deviation of 1.36, coefficient of variation of 733.18, and Mean Deviation of 0.9657 to check if our risk estimates are consistent with your expectations.
Dollarama Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Dollarama |
Sharpe Ratio = 0.1364
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.55 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.21 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Dollarama is performing at about 10% 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 Dollarama by adding it to a well-diversified portfolio.
Dollarama Valuation on October 7, 2021
It is possible to determine the worth of Dollarama on a given historical date. On October 7, 2021 Dollarama was worth 58.13 at the beginning of the trading date compared to the closed value of 57.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Dollarama pink sheet. Still, in general, we apply an absolute valuation method to find Dollarama'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 Dollarama where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Dollarama's related companies.
| Open | High | Low | Close | Volume | |
04/11/2022 | 58.13 | 58.30 | 57.90 | 57.90 | 531.00 |
| 58.10 | 58.10 | 57.62 | 57.62 | 1,936 |
| Backtest Dollarama | | | Dollarama History | | | Dollarama Valuation | Next |
Dollarama Trading Date Momentum on October 7, 2021
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.Dollarama Fundamentals Correlations and Trends
By evaluating Dollarama'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 Dollarama's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Dollarama financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Dollarama Pink Sheet history
Dollarama 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 Dollarama is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Dollarama 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 Dollarama stock prices may prove useful in developing a viable investing in Dollarama
Its stores offer general merchandise, consumables, and seasonal products. Dollarama Inc. was founded in 1992 and is headquartered in Montreal, Canada. Dollarama is traded on OTC Exchange in the United States.
Dollarama Pink Sheet Technical Analysis
Dollarama technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Dollarama Period Price Range
Low | April 11, 2022
| High |
58.13 | 57.90 |
Dollarama April 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Dollarama pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Dollarama shares will generate the highest return on investment. By undertsting and applying Dollarama pink sheet market strength indicators, traders can identify Dollarama entry and exit signals to maximize returns
Dollarama Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Dollarama's price direction in advance. Along with the technical and fundamental analysis of Dollarama Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Dollarama 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 | 0.091 | |||
| Jensen Alpha | 0.1709 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0827 | |||
| Treynor Ratio | 0.6336 |
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| Volume Indicators |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dollarama. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Dollarama information on this page should be used as a complementary analysis to other Dollarama'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 Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Complementary Tools for Dollarama Pink Sheet analysis
When running Dollarama's price analysis, check to measure Dollarama'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 Dollarama is operating at the current time. Most of Dollarama's value examination focuses on studying past and present price action to predict the probability of Dollarama's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dollarama's price. Additionally, you may evaluate how the addition of Dollarama to your portfolios can decrease your overall portfolio volatility.
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