Desktop Metal Stock Price History
| DM Stock | USD 0.83 0.03 3.49% |
Below is the normalized historical share price chart for Desktop Metal extending back to May 03, 2019. 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 Desktop Metal stands at 0.83, as last reported on the 18th of April 2024, with the highest price reaching 0.86 and the lowest price hitting 0.81 during the day.
If you're considering investing in Desktop Stock, it is important to understand the factors that can impact its price. Desktop Metal appears to be extremely dangerous, given 3 months investment horizon. Desktop Metal secures Sharpe Ratio (or Efficiency) of 0.0825, which denotes the company had a 0.0825% return per unit of risk over the last 3 months. By reviewing Desktop Metal's technical indicators, you can evaluate if the expected return of 0.61% is justified by implied risk. Please utilize Desktop Metal's Mean Deviation of 5.59, coefficient of variation of 978.97, and Downside Deviation of 6.68 to check if our risk estimates are consistent with your expectations.
At this time, Desktop Metal's Liabilities And Stockholders Equity is very stable compared to the past year. As of the 18th of April 2024, Stock Based Compensation To Revenue is likely to grow to 0.29, while Total Stockholder Equity is likely to drop about 229.6 M. . As of the 18th of April 2024, Price Earnings To Growth Ratio is likely to grow to 0.01, while Price To Sales Ratio is likely to drop 1.21. Desktop Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 3rd of May 2019 | 200 Day MA 1.0701 | 50 Day MA 0.7125 | Beta 0.682 |
Desktop |
Sharpe Ratio = 0.0825
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | DM | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 7.43 actual daily | 65 65% of assets are less volatile |
Expected Return
| 0.61 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 Desktop Metal 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 Desktop Metal by adding it to a well-diversified portfolio.
Price Book 1.3045 | Enterprise Value Ebitda (1.39) | Price Sales 1.6618 | Shares Float 224.8 M | Wall Street Target Price 1.03 |
Desktop Metal Stock Price History Chart
There are several ways to analyze Desktop Stock price data. The simplest method is using a basic Desktop candlestick price chart, which shows Desktop Metal price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
| Highest Price | April 10, 2024 | 1.12 |
| Lowest Price | February 22, 2024 | 0.46 |
Desktop Metal April 18, 2024 Stock Price Synopsis
Various analyses of Desktop Metal's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Desktop Stock. It can be used to describe the percentage change in the price of Desktop Metal from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Desktop Stock.| Desktop Metal Price Rate Of Daily Change | 0.97 | |
| Desktop Metal Price Daily Balance Of Power | (0.60) | |
| Desktop Metal Accumulation Distribution | 147,030 | |
| Desktop Metal Price Action Indicator | (0.02) |
Desktop Metal April 18, 2024 Stock Price Analysis
Desktop Stock Price History Data
The price series of Desktop Metal for the period between Fri, Jan 19, 2024 and Thu, Apr 18, 2024 has a statistical range of 0.66 with a coefficient of variation of 21.52. Under current investment horizon, the daily prices are spread out with arithmetic mean of 0.7. The median price for the last 90 days is 0.64. The company completed dividends distribution on 2019-01-11.| Open | High | Low | Close | Volume | ||
| 04/18/2024 | 0.86 | 0.86 | 0.81 | 0.83 | 2,528,922 | |
| 04/17/2024 | 0.85 | 0.92 | 0.84 | 0.86 | 1,919,565 | |
| 04/16/2024 | 0.85 | 0.88 | 0.83 | 0.85 | 2,731,344 | |
| 04/15/2024 | 0.94 | 0.96 | 0.83 | 0.86 | 4,566,334 | |
| 04/12/2024 | 1.00 | 1.03 | 0.88 | 0.96 | 5,404,680 | |
| 04/11/2024 | 1.14 | 1.15 | 1.03 | 1.04 | 2,397,904 | |
| 04/10/2024 | 1.02 | 1.15 | 0.98 | 1.12 | 3,715,752 | |
| 04/09/2024 | 1.09 | 1.18 | 1.02 | 1.04 | 3,526,409 | |
| 04/08/2024 | 0.94 | 1.10 | 0.94 | 1.08 | 3,432,684 | |
| 04/05/2024 | 0.96 | 0.98 | 0.91 | 0.93 | 1,767,053 | |
| 04/04/2024 | 0.84 | 1.00 | 0.83 | 0.97 | 6,038,712 | |
| 04/03/2024 | 0.84 | 0.89 | 0.80 | 0.84 | 2,101,920 | |
| 04/02/2024 | 0.85 | 0.86 | 0.82 | 0.85 | 1,205,528 | |
| 04/01/2024 | 0.88 | 0.88 | 0.84 | 0.85 | 1,881,110 | |
| 03/28/2024 | 0.90 | 0.90 | 0.84 | 0.88 | 3,090,102 | |
| 03/27/2024 | 0.81 | 0.89 | 0.79 | 0.87 | 3,538,926 | |
| 03/26/2024 | 0.81 | 0.84 | 0.77 | 0.78 | 2,393,709 | |
| 03/25/2024 | 0.73 | 0.81 | 0.73 | 0.79 | 2,657,512 | |
| 03/22/2024 | 0.79 | 0.81 | 0.73 | 0.75 | 1,974,777 | |
| 03/21/2024 | 0.77 | 0.83 | 0.74 | 0.76 | 4,110,928 | |
| 03/20/2024 | 0.73 | 0.75 | 0.71 | 0.74 | 2,118,075 | |
| 03/19/2024 | 0.67 | 0.76 | 0.66 | 0.73 | 6,125,977 | |
| 03/18/2024 | 0.66 | 0.68 | 0.63 | 0.66 | 3,361,648 | |
| 03/15/2024 | 0.65 | 0.78 | 0.62 | 0.65 | 9,349,842 | |
| 03/14/2024 | 0.65 | 0.66 | 0.61 | 0.62 | 3,321,638 | |
| 03/13/2024 | 0.66 | 0.70 | 0.64 | 0.64 | 3,285,049 | |
| 03/12/2024 | 0.65 | 0.68 | 0.62 | 0.66 | 2,532,323 | |
| 03/11/2024 | 0.69 | 0.73 | 0.56 | 0.62 | 4,675,744 | |
| 03/08/2024 | 0.71 | 0.73 | 0.66 | 0.69 | 3,183,782 | |
| 03/07/2024 | 0.67 | 0.72 | 0.66 | 0.69 | 5,433,683 | |
| 03/06/2024 | 0.57 | 0.68 | 0.55 | 0.67 | 7,586,326 | |
| 03/05/2024 | 0.54 | 0.55 | 0.53 | 0.54 | 2,399,999 | |
| 03/04/2024 | 0.60 | 0.62 | 0.55 | 0.55 | 2,467,908 | |
| 03/01/2024 | 0.60 | 0.63 | 0.57 | 0.61 | 3,043,363 | |
| 02/29/2024 | 0.57 | 0.64 | 0.57 | 0.61 | 7,729,293 | |
| 02/28/2024 | 0.59 | 0.62 | 0.57 | 0.57 | 5,008,916 | |
| 02/27/2024 | 0.54 | 0.58 | 0.52 | 0.58 | 2,890,611 | |
| 02/26/2024 | 0.53 | 0.56 | 0.52 | 0.53 | 2,562,798 | |
| 02/23/2024 | 0.47 | 0.53 | 0.47 | 0.53 | 5,113,602 | |
| 02/22/2024 | 0.51 | 0.52 | 0.46 | 0.46 | 5,664,968 | |
| 02/21/2024 | 0.51 | 0.53 | 0.50 | 0.51 | 2,553,212 | |
| 02/20/2024 | 0.55 | 0.56 | 0.50 | 0.51 | 4,564,401 | |
| 02/16/2024 | 0.64 | 0.64 | 0.55 | 0.55 | 6,256,071 | |
| 02/15/2024 | 0.64 | 0.66 | 0.61 | 0.61 | 2,550,327 | |
| 02/14/2024 | 0.60 | 0.66 | 0.60 | 0.66 | 2,706,515 | |
| 02/13/2024 | 0.62 | 0.62 | 0.58 | 0.58 | 2,305,435 | |
| 02/12/2024 | 0.60 | 0.67 | 0.60 | 0.64 | 3,580,477 | |
| 02/09/2024 | 0.61 | 0.62 | 0.59 | 0.60 | 1,683,115 | |
| 02/08/2024 | 0.58 | 0.62 | 0.58 | 0.60 | 2,260,661 | |
| 02/07/2024 | 0.61 | 0.61 | 0.58 | 0.58 | 2,024,027 | |
| 02/06/2024 | 0.60 | 0.63 | 0.59 | 0.61 | 1,516,065 | |
| 02/05/2024 | 0.62 | 0.62 | 0.59 | 0.59 | 2,233,318 | |
| 02/02/2024 | 0.60 | 0.63 | 0.60 | 0.62 | 1,774,918 | |
| 02/01/2024 | 0.65 | 0.66 | 0.61 | 0.62 | 2,870,338 | |
| 01/31/2024 | 0.62 | 0.66 | 0.59 | 0.65 | 9,203,539 | |
| 01/30/2024 | 0.63 | 0.63 | 0.58 | 0.61 | 7,241,333 | |
| 01/29/2024 | 0.63 | 0.65 | 0.61 | 0.63 | 1,785,828 | |
| 01/26/2024 | 0.65 | 0.68 | 0.62 | 0.63 | 1,436,130 | |
| 01/25/2024 | 0.64 | 0.65 | 0.62 | 0.64 | 1,534,698 | |
| 01/24/2024 | 0.74 | 0.74 | 0.61 | 0.61 | 3,791,826 | |
| 01/23/2024 | 0.70 | 0.74 | 0.70 | 0.73 | 3,994,408 |
About Desktop Metal Stock history
Desktop Metal 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 Desktop is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Desktop Metal 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 Desktop Metal stock prices may prove useful in developing a viable investing in Desktop Metal
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 322.2 M | 226.8 M | |
| Net Loss | -666.3 M | -633 M |
Desktop Metal Quarterly Net Working Capital |
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Desktop Metal Stock Technical Analysis
Desktop Metal 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.
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Desktop Metal Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Desktop Metal's price direction in advance. Along with the technical and fundamental analysis of Desktop Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Desktop 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 | 0.0736 | |||
| Jensen Alpha | 0.6161 | |||
| Total Risk Alpha | 0.2149 | |||
| Sortino Ratio | 0.1064 | |||
| Treynor Ratio | 0.2461 |
| 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 Desktop Metal. 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 Desktop Stock, please use our How to Invest in Desktop Metal guide.You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Complementary Tools for Desktop Stock analysis
When running Desktop Metal's price analysis, check to measure Desktop Metal'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 Desktop Metal is operating at the current time. Most of Desktop Metal's value examination focuses on studying past and present price action to predict the probability of Desktop Metal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Desktop Metal's price. Additionally, you may evaluate how the addition of Desktop Metal to your portfolios can decrease your overall portfolio volatility.
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Is Desktop Metal'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 Desktop Metal. If investors know Desktop 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 Desktop Metal listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.00) | Revenue Per Share 0.589 | Quarterly Revenue Growth (0.14) | Return On Assets (0.16) | Return On Equity (0.84) |
The market value of Desktop Metal is measured differently than its book value, which is the value of Desktop that is recorded on the company's balance sheet. Investors also form their own opinion of Desktop Metal's value that differs from its market value or its book value, called intrinsic value, which is Desktop Metal'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 Desktop Metal's market value can be influenced by many factors that don't directly affect Desktop Metal'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 Desktop Metal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Desktop Metal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Desktop Metal'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.