Diamondrock Hospitality Stock Price on December 31, 2023
| DRH Stock | USD 9.05 0.03 0.33% |
Below is the normalized historical share price chart for Diamondrock Hospitality extending back to May 26, 2005. 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 Diamondrock Hospitality stands at 9.05, as last reported on the 27th of April, with the highest price reaching 9.21 and the lowest price hitting 9.05 during the day.
If you're considering investing in Diamondrock Stock, it is important to understand the factors that can impact its price. Diamondrock Hospitality secures Sharpe Ratio (or Efficiency) of -0.0285, which denotes the company had a -0.0285% return per unit of standard deviation over the last 3 months. Diamondrock Hospitality exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Diamondrock Hospitality's Standard Deviation of 1.45, mean deviation of 1.14, and Coefficient Of Variation of (31,627) to check the risk estimate we provide.
As of now, Diamondrock Hospitality's Other Stockholder Equity is increasing as compared to previous years. The Diamondrock Hospitality's current Preferred Stock Total Equity is estimated to increase to about 58 K, while Total Stockholder Equity is projected to decrease to under 1.6 B. . As of now, Diamondrock Hospitality's Price Cash Flow Ratio is decreasing as compared to previous years. Diamondrock Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 26th of May 2005 | 200 Day MA 8.6565 | 50 Day MA 9.352 | Beta 1.608 |
Diamondrock |
Sharpe Ratio = -0.0285
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| Negative Returns | DRH |
Estimated Market Risk
| 1.45 actual daily | 12 88% of assets are more volatile |
Expected Return
| -0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Diamondrock Hospitality is not performing at its full potential. However, 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 Diamondrock Hospitality by adding Diamondrock Hospitality to a well-diversified portfolio.
Price Book 1.1912 | Enterprise Value Ebitda 11.865 | Price Sales 1.8288 | Shares Float 206.3 M | Dividend Share 0.12 |
Diamondrock Hospitality Valuation on December 31, 2023
It is possible to determine the worth of Diamondrock Hospitality on a given historical date. On December 31, 2023 Diamondrock was worth 9.51 at the beginning of the trading date compared to the closed value of 9.36. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Diamondrock Hospitality stock. Still, in general, we apply an absolute valuation method to find Diamondrock Hospitality'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 Diamondrock Hospitality where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Diamondrock Hospitality's related companies.
| Open | High | Low | Close | Volume | |
| 9.51 | 9.60 | 9.48 | 9.52 | 911,246 | |
12/29/2023 | 9.51 | 9.54 | 9.36 | 9.36 | 1,088,882 |
| 9.38 | 9.51 | 9.30 | 9.35 | 1,704,550 |
| Backtest Diamondrock Hospitality | | | Diamondrock Hospitality History | | | Diamondrock Hospitality Valuation | Previous | Next |
Diamondrock Hospitality Trading Date Momentum on December 31, 2023
| On January 02 2024 Diamondrock Hospitality was traded for 9.35 at the closing time. Highest Diamondrock Hospitality's price during the trading hours was 9.51 and the lowest price during the day was 9.30 . The net volume was 1.7 M. The overall trading history on the 2nd of January contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 0.11% . The overall trading delta to current price is 0.43% . |
Diamondrock Hospitality Fundamentals Correlations and Trends
By evaluating Diamondrock Hospitality'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 Diamondrock Hospitality's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Diamondrock financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Diamondrock Hospitality Stock history
Diamondrock Hospitality 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 Diamondrock is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Diamondrock Hospitality 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 Diamondrock Hospitality stock prices may prove useful in developing a viable investing in Diamondrock Hospitality
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 212.3 M | 173.6 M | |
| Net Income Applicable To Common Shares | 89.6 M | 94 M |
Diamondrock Hospitality Stock Technical Analysis
Diamondrock Hospitality 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
Diamondrock Hospitality Period Price Range
Low | December 29, 2023
| High |
9.51 | 9.36 |
Diamondrock Hospitality April 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Diamondrock Hospitality stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Diamondrock Hospitality shares will generate the highest return on investment. By undertsting and applying Diamondrock Hospitality stock market strength indicators, traders can identify Diamondrock Hospitality entry and exit signals to maximize returns
| Accumulation Distribution | 20544.94 | |||
| Daily Balance Of Power | (0.83) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 9.45 | |||
| Day Typical Price | 9.42 | |||
| Price Action Indicator | (0.17) | |||
| Period Momentum Indicator | (0.31) |
Diamondrock Hospitality Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Diamondrock Hospitality's price direction in advance. Along with the technical and fundamental analysis of Diamondrock Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Diamondrock 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 | 0.0037 | |||
| Jensen Alpha | 0.0012 | |||
| Total Risk Alpha | (0.20) | |||
| Treynor Ratio | 0.073 |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Diamondrock Hospitality. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more detail on how to invest in Diamondrock Stock please use our How to Invest in Diamondrock Hospitality guide.You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Diamondrock Stock analysis
When running Diamondrock Hospitality's price analysis, check to measure Diamondrock Hospitality'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 Diamondrock Hospitality is operating at the current time. Most of Diamondrock Hospitality's value examination focuses on studying past and present price action to predict the probability of Diamondrock Hospitality's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Diamondrock Hospitality's price. Additionally, you may evaluate how the addition of Diamondrock Hospitality to your portfolios can decrease your overall portfolio volatility.
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Is Diamondrock Hospitality'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 Diamondrock Hospitality. If investors know Diamondrock 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 Diamondrock Hospitality 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 (0.47) | Dividend Share 0.12 | Earnings Share 0.36 | Revenue Per Share 5.082 | Quarterly Revenue Growth 0.033 |
The market value of Diamondrock Hospitality is measured differently than its book value, which is the value of Diamondrock that is recorded on the company's balance sheet. Investors also form their own opinion of Diamondrock Hospitality's value that differs from its market value or its book value, called intrinsic value, which is Diamondrock Hospitality'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 Diamondrock Hospitality's market value can be influenced by many factors that don't directly affect Diamondrock Hospitality'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 Diamondrock Hospitality's value and its price as these two are different measures arrived at by different means. Investors typically determine if Diamondrock Hospitality is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Diamondrock Hospitality'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.