DIVERSIFIED ROYALTY (Germany) Price on September 3, 2024
| BEW Stock | EUR 2.02 0.03 1.51% |
If you're considering investing in DIVERSIFIED Stock, it is important to understand the factors that can impact its price. As of today, the current price of DIVERSIFIED ROYALTY stands at 2.02, as last reported on the 27th of November, with the highest price reaching 2.13 and the lowest price hitting 2.02 during the day. At this point, DIVERSIFIED ROYALTY is very risky. DIVERSIFIED ROYALTY secures Sharpe Ratio (or Efficiency) of 0.0447, which denotes the company had a 0.0447% return per unit of volatility over the last 3 months. We have found thirty technical indicators for DIVERSIFIED ROYALTY, which you can use to evaluate the volatility of the firm. Please confirm DIVERSIFIED ROYALTY's Downside Deviation of 3.03, mean deviation of 2.19, and Market Risk Adjusted Performance of 0.6467 to check if the risk estimate we provide is consistent with the expected return of 0.13%.
DIVERSIFIED Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
DIVERSIFIED |
Sharpe Ratio = 0.0447
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Estimated Market Risk
| 2.85 actual daily | 25 75% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average DIVERSIFIED ROYALTY is performing at about 3% 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 DIVERSIFIED ROYALTY by adding it to a well-diversified portfolio.
DIVERSIFIED ROYALTY Valuation on September 3, 2024
It is possible to determine the worth of DIVERSIFIED ROYALTY on a given historical date. On September 3, 2024 DIVERSIFIED was worth 1.85 at the beginning of the trading date compared to the closed value of 1.85. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of DIVERSIFIED ROYALTY stock. Still, in general, we apply an absolute valuation method to find DIVERSIFIED ROYALTY'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 DIVERSIFIED ROYALTY where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against DIVERSIFIED ROYALTY's related companies.
| Open | High | Low | Close | Volume | |
| 1.80 | 1.80 | 1.80 | 1.80 | 1.00 | |
09/03/2024 | 1.85 | 1.85 | 1.85 | 1.85 | 1.00 |
| 1.80 | 1.80 | 1.80 | 1.80 | 1.00 |
| Backtest DIVERSIFIED ROYALTY | | | DIVERSIFIED ROYALTY History | | | DIVERSIFIED ROYALTY Valuation | Previous | Next |
DIVERSIFIED ROYALTY Trading Date Momentum on September 3, 2024
| On September 04 2024 DIVERSIFIED ROYALTY was traded for 1.80 at the closing time. The highest daily price throughout the period was 1.80 and the lowest price was 1.80 . There was no trading activity during the period 1.0. Lack of trading volume on 09/04/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 2.70% . The overall trading delta to current closing price is 1.08% . |
DIVERSIFIED ROYALTY Fundamentals Correlations and Trends
By evaluating DIVERSIFIED ROYALTY'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 DIVERSIFIED ROYALTY's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. DIVERSIFIED financial account trend analysis is a perfect complement when working with valuation or volatility modules.About DIVERSIFIED ROYALTY Stock history
DIVERSIFIED ROYALTY 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 DIVERSIFIED is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in DIVERSIFIED ROYALTY 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 DIVERSIFIED ROYALTY stock prices may prove useful in developing a viable investing in DIVERSIFIED ROYALTY
Diversified Royalty Corp., a multi-royalty corporation, engages in the acquisition of royalties from multi-location businesses and franchisors in North America. Diversified Royalty Corp. was founded in 1992 and is headquartered in Vancouver, Canada. DIVERSIFIED ROYALTY operates under Specialty Finance classification in Germany and is traded on Frankfurt Stock Exchange.
DIVERSIFIED ROYALTY Stock Technical Analysis
DIVERSIFIED ROYALTY 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
DIVERSIFIED ROYALTY Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
DIVERSIFIED ROYALTY 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.
DIVERSIFIED ROYALTY November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how DIVERSIFIED ROYALTY stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading DIVERSIFIED ROYALTY shares will generate the highest return on investment. By undertsting and applying DIVERSIFIED ROYALTY stock market strength indicators, traders can identify DIVERSIFIED ROYALTY entry and exit signals to maximize returns
DIVERSIFIED ROYALTY Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for DIVERSIFIED ROYALTY's price direction in advance. Along with the technical and fundamental analysis of DIVERSIFIED Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of DIVERSIFIED 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 | 0.0694 | |||
| Jensen Alpha | 0.1799 | |||
| Total Risk Alpha | (0.23) | |||
| Sortino Ratio | 0.0335 | |||
| Treynor Ratio | 0.6367 |
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Complementary Tools for DIVERSIFIED Stock analysis
When running DIVERSIFIED ROYALTY's price analysis, check to measure DIVERSIFIED ROYALTY'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 DIVERSIFIED ROYALTY is operating at the current time. Most of DIVERSIFIED ROYALTY's value examination focuses on studying past and present price action to predict the probability of DIVERSIFIED ROYALTY's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DIVERSIFIED ROYALTY's price. Additionally, you may evaluate how the addition of DIVERSIFIED ROYALTY to your portfolios can decrease your overall portfolio volatility.
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