Dow (Germany) Price on May 29, 2024
2OY Stock | EUR 42.28 1.49 3.40% |
If you're considering investing in Dow Stock, it is important to understand the factors that can impact its price. As of today, the current price of Dow stands at 42.28, as last reported on the 27th of November, with the highest price reaching 43.61 and the lowest price hitting 42.28 during the day. Dow Inc secures Sharpe Ratio (or Efficiency) of -0.12, which denotes the company had a -0.12% return per unit of risk over the last 3 months. Dow Inc exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Dow's Standard Deviation of 1.56, mean deviation of 1.19, and Variance of 2.43 to check the risk estimate we provide.
Dow Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Dow |
Sharpe Ratio = -0.1172
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Estimated Market Risk
1.55 actual daily | 13 87% of assets are more volatile |
Expected Return
-0.18 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Dow 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 Dow by adding Dow to a well-diversified portfolio.
Dow Valuation on May 29, 2024
It is possible to determine the worth of Dow on a given historical date. On May 29, 2024 Dow was worth 51.68 at the beginning of the trading date compared to the closed value of 51.53. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Dow stock. Still, in general, we apply an absolute valuation method to find Dow'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 Dow where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Dow's related companies.
Open | High | Low | Close | Volume | |
51.50 | 51.50 | 51.50 | 51.50 | 1.00 | |
05/29/2024 | 51.68 | 51.68 | 51.53 | 51.53 | 50.00 |
51.65 | 51.65 | 51.56 | 51.56 | 45.00 |
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Dow Trading Date Momentum on May 29, 2024
On May 30 2024 Dow Inc was traded for 51.56 at the closing time. The highest daily price throughout the period was 51.65 and the lowest price was 51.56 . The daily volume was 45.0. The net trading volume on 05/30/2024 added to the next day price rise. The daily price change to closing price of the next trading day was 0.06% . The overall trading delta to current closing price is 1.26% . |
Dow Inc Fundamentals Correlations and Trends
By evaluating Dow'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 Dow's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Dow financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Dow Stock history
Dow 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 Dow is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Dow Inc 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 Dow stock prices may prove useful in developing a viable investing in Dow
Dow Inc. provides various materials science solutions for packaging, infrastructure, mobility, and consumer applications in the United States, Canada, Europe, the Middle East, Africa, India, the Asia Pacific, and Latin America. Dow Inc. was incorporated in 2018 and is headquartered in Midland, Michigan. DOW INC operates under Chemicals classification in Germany and is traded on Frankfurt Stock Exchange. It employs 35700 people.
Dow Stock Technical Analysis
Dow 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
Dow Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Dow Inc cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Dow November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Dow stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Dow shares will generate the highest return on investment. By undertsting and applying Dow stock market strength indicators, traders can identify Dow Inc entry and exit signals to maximize returns
Dow Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Dow's price direction in advance. Along with the technical and fundamental analysis of Dow Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Dow 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 | (0.08) | |||
Jensen Alpha | (0.30) | |||
Total Risk Alpha | (0.42) | |||
Treynor Ratio | (0.17) |
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Pattern Recognition | ||
Price Transform | ||
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Volatility Indicators | ||
Volume Indicators |
Complementary Tools for Dow Stock analysis
When running Dow's price analysis, check to measure Dow'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 Dow is operating at the current time. Most of Dow's value examination focuses on studying past and present price action to predict the probability of Dow's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dow's price. Additionally, you may evaluate how the addition of Dow to your portfolios can decrease your overall portfolio volatility.
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