Dareway Software (China) Price on August 27, 2024

688579 Stock   10.60  0.64  6.43%   
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 10.60, as last reported on the 27th of November, with the highest price reaching 10.60 and the lowest price hitting 9.64 during the day.
200 Day MA
8.6818
50 Day MA
9.5336
Beta
0.401
 
Covid
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 0.17, which denotes the company had a 0.17% 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 0.77% is justified by implied risk. Please utilize Dareway Software's Mean Deviation of 2.9, coefficient of variation of 780.55, and Downside Deviation of 3.62 to check if our risk estimates are consistent with your expectations.
  
As of November 27, 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.

Sharpe Ratio = 0.168

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Estimated Market Risk

 4.59
  actual daily
40
60% of assets are more volatile

Expected Return

 0.77
  actual daily
15
85% of assets have higher returns

Risk-Adjusted Return

 0.17
  actual daily
13
87% of assets perform better
Based on monthly moving average Dareway Software is performing at about 13% 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
2.9663
Enterprise Value Ebitda
47.8775
Price Sales
7.2151
Shares Float
172.6 M
Dividend Share
0.08

Dareway Software Valuation on August 27, 2024

It is possible to determine the worth of Dareway Software on a given historical date. On August 27, 2024 Dareway was worth 7.12 at the beginning of the trading date compared to the closed value of 6.91. 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
  7.07    7.16    7.02    7.12    1,635,495  
08/27/2024
  7.12    7.14    6.89    6.91    2,550,868  
  6.82    7.04    6.78    6.97    2,072,542  
Backtest Dareway Software  |  Dareway Software History  |  Dareway Software Valuation   PreviousNext  
Open Value
7.12
6.91
Closing Value
20.88
Upside

Dareway Software Trading Date Momentum on August 27, 2024

On August 28 2024 Dareway Software Co was traded for  6.97  at the closing time. The highest price during the trading period was 7.04  and the lowest recorded bid was listed for  6.78 . The volume for the day was 2.1 M. This history from August 28, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 0.87% . The overall trading delta to the current price is 5.50% .

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 ReportedProjected for Next Year
Common Stock Shares Outstanding460 M397.5 M
Net Income Applicable To Common Shares71.2 M80.4 M

Dareway Software Quarterly Net Working Capital

411.39 Million

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.
A focus of Dareway Software technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Dareway Software trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Dareway Software Period Price Range

Low
November 27, 2024
0.00  NaN%
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 November 27, 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.

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.
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