Danone SA (France) Price on July 31, 2024
| BN Stock | EUR 64.48 0.68 1.04% |
If you're considering investing in Danone Stock, it is important to understand the factors that can impact its price. As of today, the current price of Danone SA stands at 64.48, as last reported on the 22nd of November, with the highest price reaching 65.16 and the lowest price hitting 64.18 during the day. At this point, Danone SA is very steady. Danone SA 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. We have found thirty technical indicators for Danone SA, which you can use to evaluate the volatility of the firm. Please confirm Danone SA's Mean Deviation of 0.5773, coefficient of variation of 863.39, and Downside Deviation of 0.6961 to check if the risk estimate we provide is consistent with the expected return of 0.0824%.
Danone Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Danone |
Sharpe Ratio = 0.105
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Estimated Market Risk
| 0.78 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Danone SA is performing at about 8% 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 Danone SA by adding it to a well-diversified portfolio.
Danone SA Valuation on July 31, 2024
It is possible to determine the worth of Danone SA on a given historical date. On July 31, 2024 Danone was worth 60.02 at the beginning of the trading date compared to the closed value of 60.16. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Danone SA stock. Still, in general, we apply an absolute valuation method to find Danone SA'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 Danone SA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Danone SA's related companies.
| Open | High | Low | Close | Volume | |
| 58.60 | 58.88 | 58.30 | 58.84 | 1,137,329 | |
07/31/2024 | 60.02 | 61.66 | 59.94 | 60.16 | 2,279,862 |
| 59.74 | 60.60 | 59.46 | 59.82 | 1,431,315 |
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Danone SA Trading Date Momentum on July 31, 2024
| On August 01 2024 Danone SA was traded for 59.82 at the closing time. The highest daily price throughout the period was 60.60 and the lowest price was 59.46 . The daily volume was 1.4 M. The net trading volume on 08/01/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.57% . The overall trading delta to current closing price is 0.03% . |
Danone SA Fundamentals Correlations and Trends
By evaluating Danone SA'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 Danone SA's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Danone financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Danone SA Stock history
Danone SA 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 Danone is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Danone SA 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 Danone SA stock prices may prove useful in developing a viable investing in Danone SA
Danone S.A. operates in the food and beverage industry in Europe, Noram, Latin America, the Asia Pacific, Africa, and the Middle East. Danone S.A. was incorporated in 1899 and is headquartered in Paris, France. DANONE operates under Food Manufacturers classification in France and is traded on Paris Stock Exchange. It employs 98105 people.
Danone SA Stock Technical Analysis
Danone SA 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
Danone SA Period Price Range
Low | November 22, 2024
| High |
0.00 | 0.00 |
Danone SA cannot be verified against its exchange. Please verify the symbol is currently traded on Euronext Paris. 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.
Danone SA November 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Danone SA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Danone SA shares will generate the highest return on investment. By undertsting and applying Danone SA stock market strength indicators, traders can identify Danone SA entry and exit signals to maximize returns
Danone SA Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Danone SA's price direction in advance. Along with the technical and fundamental analysis of Danone Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Danone 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 | 0.0886 | |||
| Jensen Alpha | 0.0911 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | (0.76) |
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| Volume Indicators |
Complementary Tools for Danone Stock analysis
When running Danone SA's price analysis, check to measure Danone SA'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 Danone SA is operating at the current time. Most of Danone SA's value examination focuses on studying past and present price action to predict the probability of Danone SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Danone SA's price. Additionally, you may evaluate how the addition of Danone SA to your portfolios can decrease your overall portfolio volatility.
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