Dareway Software (China) Price on March 8, 2024
688579 Stock | 11.53 0.56 5.10% |
Below is the normalized historical share price chart for Dareway Software Co extending back to July 17, 2020. 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 Dareway Software stands at 11.53, as last reported on the 11th of December 2024, with the highest price reaching 11.68 and the lowest price hitting 10.94 during the day.
If you're considering investing in Dareway Stock, it is important to understand the factors that can impact its price. Dareway Software appears to be slightly risky, given 3 months investment horizon. Dareway Software secures Sharpe Ratio (or Efficiency) of 0.2, which denotes the company had a 0.2% return per unit of risk over the last 3 months. By reviewing Dareway Software's technical indicators, you can evaluate if the expected return of 0.91% is justified by implied risk. Please utilize Dareway Software's Mean Deviation of 2.92, coefficient of variation of 618.41, and Downside Deviation of 3.55 to check if our risk estimates are consistent with your expectations.
As of December 11, 2024, Common Stock is expected to decline to about 342.9 M. In addition to that, Total Stockholder Equity is expected to decline to about 1.1 B. Dareway Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 8.767 | 50 Day MA 10.1442 | Beta 0.401 |
Dareway |
Sharpe Ratio = 0.1991
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | 688579 | |||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns |
Estimated Market Risk
4.59 actual daily | 40 60% of assets are more volatile |
Expected Return
0.91 actual daily | 18 82% of assets have higher returns |
Risk-Adjusted Return
0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average Dareway Software is performing at about 15% 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 Dareway Software by adding it to a well-diversified portfolio.
Price Book 3.2969 | Enterprise Value Ebitda 53.6278 | Price Sales 7.775 | Shares Float 172.6 M | Dividend Share 0.08 |
Dareway Software Valuation on March 8, 2024
It is possible to determine the worth of Dareway Software on a given historical date. On March 8, 2024 Dareway was worth 9.5 at the beginning of the trading date compared to the closed value of 9.53. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Dareway Software stock. Still, in general, we apply an absolute valuation method to find Dareway Software'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 Dareway Software where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Dareway Software's related companies.
Open | High | Low | Close | Volume | |
9.70 | 9.86 | 9.40 | 9.43 | 6,286,623 | |
03/08/2024 | 9.50 | 9.59 | 9.28 | 9.53 | 5,390,307 |
9.48 | 9.74 | 9.43 | 9.74 | 5,031,238 |
Backtest Dareway Software | | | Dareway Software History | | | Dareway Software Valuation | Previous | Next |
Dareway Software Trading Date Momentum on March 8, 2024
On March 11 2024 Dareway Software Co was traded for 9.74 at the closing time. The highest price during the trading period was 9.74 and the lowest recorded bid was listed for 9.43 . The volume for the day was 5 M. This history from March 11, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 2.20% . The overall trading delta to the current price is 5.46% . |
Dareway Software Fundamentals Correlations and Trends
By evaluating Dareway Software'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 Dareway Software's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Dareway financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Dareway Software Stock history
Dareway Software 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 Dareway is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Dareway Software 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 Dareway Software stock prices may prove useful in developing a viable investing in Dareway Software
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 460 M | 397.5 M | |
Net Income Applicable To Common Shares | 71.2 M | 80.4 M |
Dareway Software Quarterly Net Working Capital |
|
Dareway Software Stock Technical Analysis
Dareway Software 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
Dareway Software Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Dareway Software Co cannot be verified against its exchange. Please verify the symbol is currently traded on Shanghai Stock 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.
Dareway Software December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Dareway Software stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Dareway Software shares will generate the highest return on investment. By undertsting and applying Dareway Software stock market strength indicators, traders can identify Dareway Software Co entry and exit signals to maximize returns
Dareway Software Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Dareway Software's price direction in advance. Along with the technical and fundamental analysis of Dareway Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Dareway 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 | 0.1251 | |||
Jensen Alpha | 0.7048 | |||
Total Risk Alpha | 0.0042 | |||
Sortino Ratio | 0.1619 | |||
Treynor Ratio | (4.92) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for Dareway Stock analysis
When running Dareway Software's price analysis, check to measure Dareway Software'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 Dareway Software is operating at the current time. Most of Dareway Software's value examination focuses on studying past and present price action to predict the probability of Dareway Software's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dareway Software's price. Additionally, you may evaluate how the addition of Dareway Software to your portfolios can decrease your overall portfolio volatility.
Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
Money Managers Screen money managers from public funds and ETFs managed around the world | |
Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
Commodity Directory Find actively traded commodities issued by global exchanges | |
Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges |