Danieli C Officine Stock Price on July 9, 2021
| DNIYY Stock | USD 26.40 0.00 0.00% |
If you're considering investing in Danieli Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Danieli C stands at 26.40, as last reported on the 24th of April, with the highest price reaching 26.40 and the lowest price hitting 26.40 during the day. We consider Danieli C very steady. Danieli C Officine secures Sharpe Ratio (or Efficiency) of 0.17, which denotes the company had a 0.17% return per unit of risk over the last 3 months. We have found seventeen technical indicators for Danieli C Officine, which you can use to evaluate the volatility of the firm. Please confirm Danieli C's Standard Deviation of 1.04, variance of 1.07, and Mean Deviation of 0.3271 to check if the risk estimate we provide is consistent with the expected return of 0.18%.
Danieli Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Danieli |
Sharpe Ratio = 0.1668
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | DNIYY | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.06 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.18 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Danieli C is performing at about 13% 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 Danieli C by adding it to a well-diversified portfolio.
Danieli C Valuation on July 9, 2021
It is possible to determine the worth of Danieli C on a given historical date. On July 9, 2021 Danieli was worth 15.87 at the beginning of the trading date compared to the closed value of 15.55. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Danieli C pink sheet. Still, in general, we apply an absolute valuation method to find Danieli C'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 Danieli C where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Danieli C's related companies.
| Open | High | Low | Close | Volume | |
05/02/2022 | 15.87 | 15.87 | 15.55 | 15.55 | 88.00 |
| 15.35 | 15.35 | 15.04 | 15.04 | 230.00 |
| Backtest Danieli C | | | Danieli C History | | | Danieli C Valuation | Next |
Danieli C Trading Date Momentum on July 9, 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.Danieli C Officine Fundamentals Correlations and Trends
By evaluating Danieli C'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 Danieli C's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Danieli financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Danieli C Pink Sheet history
Danieli C 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 Danieli is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Danieli C Officine 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 Danieli C stock prices may prove useful in developing a viable investing in Danieli C
Officine Meccaniche S.p.A. designs, builds, and sells plants for the iron and steel industry in Europe, Russia, the Middle East, the Americas, and South East Asia. The company was founded in 1914 and is based in Buttrio, Italy. Danieli Spa operates under Specialty Industrial Machinery classification in the United States and is traded on OTC Exchange. It employs 8979 people.
Danieli C Pink Sheet Technical Analysis
Danieli C 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
Danieli C Period Price Range
Low | May 2, 2022
| High |
15.87 | 15.55 |
Danieli C April 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Danieli C 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 Danieli C shares will generate the highest return on investment. By undertsting and applying Danieli C pink sheet market strength indicators, traders can identify Danieli C Officine entry and exit signals to maximize returns
Danieli C Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Danieli C's price direction in advance. Along with the technical and fundamental analysis of Danieli Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Danieli 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 | 0.1056 | |||
| Jensen Alpha | 0.1588 | |||
| Total Risk Alpha | 0.017 | |||
| Treynor Ratio | (88.14) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Danieli C Officine. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Complementary Tools for Danieli Pink Sheet analysis
When running Danieli C's price analysis, check to measure Danieli C'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 Danieli C is operating at the current time. Most of Danieli C's value examination focuses on studying past and present price action to predict the probability of Danieli C's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Danieli C's price. Additionally, you may evaluate how the addition of Danieli C to your portfolios can decrease your overall portfolio volatility.
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities |