Danieli OTC Stock Performance

DNIYY -  USA Stock  

USD 20.01  0.54  2.77%

Danieli Spa has performance score of 4 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.0644, which means not very significant fluctuations relative to the market. Let's try to break down what Danieli's beta means in this case. As returns on the market increase, Danieli Spa returns are expected to increase less than the market. However, during the bear market, the loss on holding Danieli Spa will be expected to be smaller as well. Although it is extremely important to respect Danieli Spa historical returns, it is better to be realistic regarding the information on equity current trending patterns. The philosophy towards predicting future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By reviewing Danieli Spa technical indicators, you can presently evaluate if the expected return of 0.16% will be sustainable into the future. Danieli Spa right now shows a risk of 2.78%. Please confirm Danieli Spa downside variance, rate of daily change, and the relationship between the maximum drawdown and skewness to decide if Danieli Spa will be following its price patterns.

Danieli O TC Stock Performance 

 
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 Danieli Performance
4 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in Danieli Spa are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. In spite of fairly unsteady basic indicators, Danieli Spa may actually be approaching a critical reversion point that can send shares even higher in November 2021. ...more

Danieli Price Channel

Quick Ratio0.97
Fifty Two Week Low9.84
Payout Ratio18.42%
Fifty Two Week High17.85
Trailing Annual Dividend Yield0.80%

Danieli Spa Relative Risk vs. Return Landscape

If you would invest  1,103  in Danieli Spa on July 24, 2021 and sell it today you would earn a total of  898.00  from holding Danieli Spa or generate 81.41% return on investment over 90 days. Danieli Spa is currently producing 0.1576% returns and takes up 2.7826% volatility of returns over 90 trading days. Put another way, 23% of traded otc stocks are less volatile than Danieli, and 98% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
 Daily Expected Return (%) 
      Risk (%) 
Assuming the 90 days horizon Danieli Spa is expected to generate 1.61 times more return on investment than the market. However, the company is 1.61 times more volatile than its market benchmark. It trades about 0.06 of its potential returns per unit of risk. The DOW is currently generating roughly 0.04 per unit of risk.

Danieli Spa Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Danieli Spa's investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Danieli Spa, and traders can use it to determine the average amount a Danieli Spa's 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 = 0.0566

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Estimated Market Risk
 2.78
  actual daily
 
 23 %
of total potential
 
2323
Expected Return
 0.16
  actual daily
 
 3 %
of total potential
 
33
Risk-Adjusted Return
 0.06
  actual daily
 
 4 %
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44
Based on monthly moving average Danieli Spa is performing at about 4% 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 Spa by adding it to a well-diversified portfolio.

About Danieli Spa Performance

To evaluate Danieli Spa OTC 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 Danieli Spa 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 Danieli OTC 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 Danieli Spa stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents Danieli'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.
Officine Meccaniche S.p.A. designs, builds, and sells plants for the iron and steel industry worldwide. The company was founded in 1914 and is headquartered in Buttrio, Italy. Danieli Spa operates under Specialty Industrial Machinery classification in the United States and is traded on OTC Exchange. It employs 8779 people.

Things to note about Danieli Spa

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

Danieli Spa Alerts

Equity Alerts and Improvement Suggestions

Continue to Investing Opportunities. Note that the Danieli Spa information on this page should be used as a complementary analysis to other Danieli Spa's 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 Bond Directory module to find actively traded corporate debentures issued by US companies.

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When running Danieli Spa price analysis, check to measure Danieli Spa'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 Spa is operating at the current time. Most of Danieli Spa's value examination focuses on studying past and present price action to predict the probability of Danieli Spa's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Danieli Spa's price. Additionally, you may evaluate how the addition of Danieli Spa to your portfolios can decrease your overall portfolio volatility.
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The market value of Danieli Spa is measured differently than its book value, which is the value of Danieli that is recorded on the company's balance sheet. Investors also form their own opinion of Danieli Spa's value that differs from its market value or its book value, called intrinsic value, which is Danieli Spa'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 Danieli Spa's market value can be influenced by many factors that don't directly affect Danieli Spa underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Danieli Spa's value and its price as these two are different measures arrived at by different means. Investors typically determine Danieli Spa value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Danieli Spa'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.