Danimer Scientific Stock Price on September 7, 2022
| DNMR Stock | USD 0.85 0.05 6.25% |
If you're considering investing in Danimer Stock, it is important to understand the factors that can impact its price. As of today, the current price of Danimer Scientific stands at 0.85, as last reported on the 24th of April, with the highest price reaching 0.93 and the lowest price hitting 0.78 during the day. Danimer Scientific appears to be extremely dangerous, given 3 months investment horizon. Danimer Scientific secures Sharpe Ratio (or Efficiency) of 0.0805, which denotes the company had a 0.0805% return per unit of risk over the last 3 months. By reviewing Danimer Scientific's technical indicators, you can evaluate if the expected return of 0.65% is justified by implied risk. Please utilize Danimer Scientific's Coefficient Of Variation of 1644.02, downside deviation of 6.86, and Mean Deviation of 5.82 to check if our risk estimates are consistent with your expectations.
At this time, Danimer Scientific's Total Stockholder Equity is relatively stable compared to the past year. As of 04/24/2024, Stock Based Compensation To Revenue is likely to grow to 1.26, while Common Stock is likely to drop 8,067. . As of 04/24/2024, Price To Sales Ratio is likely to drop to 2.12. In addition to that, Price Earnings Ratio is likely to drop to -0.7. Danimer Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Danimer |
Sharpe Ratio = 0.0805
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Estimated Market Risk
| 8.13 actual daily | 71 71% of assets are less volatile |
Expected Return
| 0.65 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Danimer Scientific is performing at about 6% 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 Danimer Scientific by adding it to a well-diversified portfolio.
Price Book 0.3232 | Enterprise Value Ebitda (4.56) | Price Sales 1.9247 | Shares Float 91.6 M | Wall Street Target Price 1.57 |
Danimer Scientific Valuation on September 7, 2022
It is possible to determine the worth of Danimer Scientific on a given historical date. On September 7, 2022 Danimer was worth 4.07 at the beginning of the trading date compared to the closed value of 4.31. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Danimer Scientific stock. Still, in general, we apply an absolute valuation method to find Danimer Scientific'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 Danimer Scientific where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Danimer Scientific's related companies.
| Open | High | Low | Close | Volume | |
| 4.12 | 4.24 | 4.03 | 4.16 | 813,000 | |
09/07/2022 | 4.07 | 4.34 | 4.07 | 4.31 | 1,112,700 |
| 4.14 | 4.17 | 3.90 | 4.13 | 1,293,700 |
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Danimer Scientific Trading Date Momentum on September 7, 2022
| On September 08 2022 Danimer Scientific was traded for 4.13 at the closing time. The top price for the day was 4.17 and the lowest listed price was 3.90 . The trading volume for the day was 1.3 M. The trading history from September 8, 2022 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 4.18% . The overall trading delta against the current closing price is 14.62% . |
Danimer Scientific Fundamentals Correlations and Trends
By evaluating Danimer Scientific'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 Danimer Scientific's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Danimer financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Danimer Scientific Stock history
Danimer Scientific 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 Danimer is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Danimer Scientific 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 Danimer Scientific stock prices may prove useful in developing a viable investing in Danimer Scientific
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 102 M | 89.3 M | |
| Net Loss | -161.8 M | -153.7 M |
Danimer Scientific Quarterly Net Working Capital |
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Danimer Scientific Stock Technical Analysis
Danimer Scientific 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
Danimer Scientific Period Price Range
Low | September 7, 2022
| High |
4.07 | 4.31 |
Danimer Scientific April 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Danimer Scientific stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Danimer Scientific shares will generate the highest return on investment. By undertsting and applying Danimer Scientific stock market strength indicators, traders can identify Danimer Scientific entry and exit signals to maximize returns
| Accumulation Distribution | 69223.27 | |||
| Daily Balance Of Power | 0.8889 | |||
| Rate Of Daily Change | 1.06 | |||
| Day Median Price | 4.21 | |||
| Day Typical Price | 4.24 | |||
| Price Action Indicator | 0.22 | |||
| Period Momentum Indicator | (3.46) |
Danimer Scientific Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Danimer Scientific's price direction in advance. Along with the technical and fundamental analysis of Danimer Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Danimer 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 | 0.0467 | |||
| Jensen Alpha | 0.0391 | |||
| Total Risk Alpha | (0.54) | |||
| Sortino Ratio | 0.0569 | |||
| Treynor Ratio | 0.0865 |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Danimer Scientific. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. To learn how to invest in Danimer Stock, please use our How to Invest in Danimer Scientific guide.You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Complementary Tools for Danimer Stock analysis
When running Danimer Scientific's price analysis, check to measure Danimer Scientific'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 Danimer Scientific is operating at the current time. Most of Danimer Scientific's value examination focuses on studying past and present price action to predict the probability of Danimer Scientific's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Danimer Scientific's price. Additionally, you may evaluate how the addition of Danimer Scientific to your portfolios can decrease your overall portfolio volatility.
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Is Danimer Scientific'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 Danimer Scientific. If investors know Danimer 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 Danimer Scientific listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.52) | Revenue Per Share 0.458 | Quarterly Revenue Growth (0.29) | Return On Assets (0.11) | Return On Equity (0.47) |
The market value of Danimer Scientific is measured differently than its book value, which is the value of Danimer that is recorded on the company's balance sheet. Investors also form their own opinion of Danimer Scientific's value that differs from its market value or its book value, called intrinsic value, which is Danimer Scientific'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 Danimer Scientific's market value can be influenced by many factors that don't directly affect Danimer Scientific'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 Danimer Scientific's value and its price as these two are different measures arrived at by different means. Investors typically determine if Danimer Scientific is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Danimer Scientific'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.