Damsan JSC (Vietnam) Price on April 13, 2023

ADS Stock   8,780  20.00  0.23%   
If you're considering investing in Damsan Stock, it is important to understand the factors that can impact its price. As of today, the current price of Damsan JSC stands at 8,780, as last reported on the 26th of November, with the highest price reaching 8,850 and the lowest price hitting 8,730 during the day. Damsan JSC secures Sharpe Ratio (or Efficiency) of -0.18, which denotes the company had a -0.18% return per unit of risk over the last 3 months. Damsan JSC exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Damsan JSC's Variance of 2.08, mean deviation of 0.9844, and Standard Deviation of 1.44 to check the risk estimate we provide.
  
Damsan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1832

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Estimated Market Risk

 1.47
  actual daily
13
87% of assets are more volatile

Expected Return

 -0.27
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.18
  actual daily
0
Most of other assets perform better
Based on monthly moving average Damsan JSC 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 Damsan JSC by adding Damsan JSC to a well-diversified portfolio.

Damsan JSC Valuation on April 13, 2023

It is possible to determine the worth of Damsan JSC on a given historical date. On April 13, 2023 Damsan was worth 9916.34 at the beginning of the trading date compared to the closed value of 9836.65. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Damsan JSC stock. Still, in general, we apply an absolute valuation method to find Damsan JSC'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 Damsan JSC where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Damsan JSC's related companies.
 Open High Low Close Volume
  9,916    9,916    9,638    9,876    268,990  
04/13/2023
  9,916    10,115    9,717    9,837    215,740  
  9,956    9,956    9,558    9,558    1,080,080  
Backtest Damsan JSC  |  Damsan JSC History  |  Damsan JSC Valuation   PreviousNext  
Open Value
9916.34
9836.65
Closing Value
9,921
Upside

Damsan JSC Trading Date Momentum on April 13, 2023

On April 14 2023 Damsan JSC was traded for  9,558  at the closing time. The maximum traded price for the trading interval was 9,956  and the lowest daily price was  9,558 . The daily volume was recorded at 1.1 M. The volume of trading on 14th of April 2023 played a part in the next trading day price drop. The overall trading delta to the next closing price was 2.83% . The overall trading delta to the closing price today is 2.43% .

About Damsan JSC Stock history

Damsan JSC 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 Damsan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Damsan JSC 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 Damsan JSC stock prices may prove useful in developing a viable investing in Damsan JSC

Damsan JSC Stock Technical Analysis

Damsan JSC 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 Damsan JSC technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Damsan JSC 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

Damsan JSC Period Price Range

Low
November 26, 2024
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High

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Damsan JSC cannot be verified against its exchange. Please verify the symbol is currently traded on Vietnam Stocks. 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.

Damsan JSC November 26, 2024 Market Strength

Market strength indicators help investors to evaluate how Damsan JSC stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Damsan JSC shares will generate the highest return on investment. By undertsting and applying Damsan JSC stock market strength indicators, traders can identify Damsan JSC entry and exit signals to maximize returns

Damsan JSC Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Damsan JSC's price direction in advance. Along with the technical and fundamental analysis of Damsan Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Damsan 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.

Other Information on Investing in Damsan Stock

Damsan JSC financial ratios help investors to determine whether Damsan Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Damsan with respect to the benefits of owning Damsan JSC security.