Dangee Dums (India) Performance

DANGEE
  

INR 20.05  0.10  0.50%   

The firm shows a Beta (market volatility) of 0.1124, which means not very significant fluctuations relative to the market. Let's try to break down what Dangee's beta means in this case. As returns on the market increase, Dangee Dums returns are expected to increase less than the market. However, during the bear market, the loss on holding Dangee Dums will be expected to be smaller as well. Even though it is essential to pay attention to Dangee Dums Limited historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy towards predicting any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Dangee Dums Limited exposes twenty-one different technical indicators, which can help you to evaluate its performance. Dangee Dums Limited has an expected return of -0.52%. Please be advised to confirm Dangee Dums Limited maximum drawdown, and the relationship between the information ratio and downside variance to decide if Dangee Dums Limited performance from the past will be repeated at some point in the near future.
  
Dangee Performance
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Over the last 90 days Dangee Dums Limited has generated negative risk-adjusted returns adding no value to investors with long positions. Despite unsteady performance in the last few months, the Stock's technical and fundamental indicators remain somewhat strong which may send shares a bit higher in December 2022. The current disturbance may also be a sign of long term up-swing for the company investors. ...more

Dangee Price Channel

Quick Ratio0.06
Fifty Two Week Low13.02
Fifty Two Week High32.45

Dangee Dums Relative Risk vs. Return Landscape

If you would invest  2,994  in Dangee Dums Limited on August 30, 2022 and sell it today you would lose (989.00)  from holding Dangee Dums Limited or give up 33.03% of portfolio value over 90 days. Dangee Dums Limited is generating negative expected returns and assumes 5.0561% volatility on return distribution over the 90 days horizon. Simply put, 43% of stocks are less volatile than Dangee, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days.
  Daily Expected Return (%)  
       Risk (%)  
Assuming the 90 days trading horizon Dangee Dums is expected to under-perform the market. In addition to that, the company is 3.66 times more volatile than its market benchmark. It trades about -0.1 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.08 per unit of volatility.

Dangee Dums Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Dangee Dums' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Dangee Dums Limited, and traders can use it to determine the average amount a Dangee Dums' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = -0.1038

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Negative ReturnsDANGEE
Estimated Market Risk
 5.06
  actual daily
 
 43 %
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4343
Expected Return
 -0.52
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Risk-Adjusted Return
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Based on monthly moving average Dangee Dums is performing at about 0% 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 Dangee Dums by adding it to a well-diversified portfolio.

About Dangee Dums Performance

To evaluate Dangee Dums Limited Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Dangee Dums generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Dangee Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Dangee Dums Limited market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Dangee's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Dangee Dums Limited manufactures and trades in bakery and confectionery products in Gujarat, India. The company was incorporated in 2010 and is based in Ahmedabad, India. Dangee Dums is traded on National Stock Exchange of India in India.

Things to note about Dangee Dums Limited

Checking the ongoing alerts about Dangee Dums for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Dangee Dums Limited help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Dangee Dums Alerts

Equity Alerts and Improvement Suggestions

Dangee Dums Limited generated a negative expected return over the last 90 days
Dangee Dums Limited has high historical volatility and very poor performance
Dangee Dums Limited has high likelihood to experience some financial distress in the next 2 years
The company has accumulated 280.14 M in total debt with debt to equity ratio (D/E) of 1.58, which is about average as compared to similar companies. Dangee Dums Limited has a current ratio of 0.23, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Dangee Dums until it has trouble settling it off, either with new capital or with free cash flow. So, Dangee Dums' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Dangee Dums Limited sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Dangee to invest in growth at high rates of return. When we think about Dangee Dums' use of debt, we should always consider it together with cash and equity.
The entity reported the revenue of 205.62 M. Net Loss for the year was (12.03 M) with profit before overhead, payroll, taxes, and interest of 88.21 M.
Continue to Investing Opportunities. Note that the Dangee Dums Limited information on this page should be used as a complementary analysis to other Dangee Dums' 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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

Complementary Tools for Dangee Stock analysis

When running Dangee Dums Limited price analysis, check to measure Dangee Dums' 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 Dangee Dums is operating at the current time. Most of Dangee Dums' value examination focuses on studying past and present price action to predict the probability of Dangee Dums' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Dangee Dums' price. Additionally, you may evaluate how the addition of Dangee Dums to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Dangee Dums' value and its price as these two are different measures arrived at by different means. Investors typically determine Dangee Dums value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dangee Dums' 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.