DANIMER SCIENTIFIC (Germany) Price on December 16, 2024
6CU Stock | EUR 8.50 0.00 0.00% |
If you're considering investing in DANIMER Stock, it is important to understand the factors that can impact its price. As of today, the current price of DANIMER SCIENTIFIC stands at 8.50, as last reported on the 23rd of December, with the highest price reaching 8.50 and the lowest price hitting 8.50 during the day. DANIMER SCIENTIFIC secures Sharpe Ratio (or Efficiency) of -0.11, which denotes the company had a -0.11% return per unit of risk over the last 3 months. DANIMER SCIENTIFIC exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm DANIMER SCIENTIFIC's Coefficient Of Variation of (1,212), mean deviation of 2.93, and Standard Deviation of 4.98 to check the risk estimate we provide.
DANIMER Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
DANIMER |
Sharpe Ratio = -0.1128
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Estimated Market Risk
4.81 actual daily | 42 58% of assets are more volatile |
Expected Return
-0.54 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average DANIMER SCIENTIFIC 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 DANIMER SCIENTIFIC by adding DANIMER SCIENTIFIC to a well-diversified portfolio.
DANIMER SCIENTIFIC Valuation on December 16, 2024
It is possible to determine the worth of DANIMER SCIENTIFIC on a given historical date. On December 16, 2024 DANIMER was worth 8.5 at the beginning of the trading date compared to the closed value of 8.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of DANIMER SCIENTIFIC stock. Still, in general, we apply an absolute valuation method to find DANIMER SCIENTIFIC'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 DANIMER SCIENTIFIC where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against DANIMER SCIENTIFIC's related companies.
Open | High | Low | Close | Volume | |
8.50 | 8.50 | 8.50 | 8.50 | 1.00 | |
12/16/2024 | 8.50 | 8.50 | 8.50 | 8.50 | 1.00 |
8.50 | 8.50 | 8.50 | 8.50 | 1.00 |
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DANIMER SCIENTIFIC Trading Date Momentum on December 16, 2024
On December 17 2024 DANIMER SCIENTIFIC was traded for 8.50 at the closing time. The highest daily price throughout the period was 8.50 and the lowest price was 8.50 . There was no trading activity during the period 1.0. Lack of trading volume on 12/17/2024 did not affect price variability. The overall trading delta to current closing price is 0.00% . |
DANIMER SCIENTIFIC Fundamentals Correlations and Trends
By evaluating DANIMER SCIENTIFIC'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 DANIMER SCIENTIFIC's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. DANIMER financial account trend analysis is a perfect complement when working with valuation or volatility modules.About DANIMER SCIENTIFIC Stock history
DANIMER SCIENTIFIC 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 DANIMER is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in DANIMER SCIENTIFIC 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 DANIMER SCIENTIFIC stock prices may prove useful in developing a viable investing in DANIMER SCIENTIFIC
Corium International, Inc., a biopharmaceutical company, focuses on the development, manufacture, and commercialization of specialty pharmaceutical products in transdermal and transmucosal delivery systems. The company was incorporated in 1995 and is headquartered in Menlo Park, California. Corium International operates under Biotechnology classification in Germany and is traded on Frankfurt Stock Exchange. It employs 213 people.
DANIMER SCIENTIFIC Stock Technical Analysis
DANIMER SCIENTIFIC 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
DANIMER SCIENTIFIC Period Price Range
Low | December 23, 2024
| High |
0.00 | 0.00 |
DANIMER SCIENTIFIC 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.
DANIMER SCIENTIFIC December 23, 2024 Market Strength
Market strength indicators help investors to evaluate how DANIMER SCIENTIFIC stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading DANIMER SCIENTIFIC shares will generate the highest return on investment. By undertsting and applying DANIMER SCIENTIFIC stock market strength indicators, traders can identify DANIMER SCIENTIFIC entry and exit signals to maximize returns
DANIMER SCIENTIFIC Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for DANIMER SCIENTIFIC's price direction in advance. Along with the technical and fundamental analysis of DANIMER Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of DANIMER 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 | (0.06) | |||
Jensen Alpha | (0.44) | |||
Total Risk Alpha | (0.56) | |||
Treynor Ratio | (0.55) |
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Volume Indicators |
Complementary Tools for DANIMER Stock analysis
When running DANIMER SCIENTIFIC's price analysis, check to measure DANIMER SCIENTIFIC'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 DANIMER SCIENTIFIC is operating at the current time. Most of DANIMER SCIENTIFIC's value examination focuses on studying past and present price action to predict the probability of DANIMER SCIENTIFIC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DANIMER SCIENTIFIC's price. Additionally, you may evaluate how the addition of DANIMER SCIENTIFIC to your portfolios can decrease your overall portfolio volatility.
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