Danaos Stock Price on November 29, 2024
| DAC Stock | USD 79.01 0.21 0.27% |
Below is the normalized historical share price chart for Danaos extending back to October 06, 2006. 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 Danaos stands at 79.01, as last reported on the 29th of November, with the highest price reaching 79.88 and the lowest price hitting 78.25 during the day.
If you're considering investing in Danaos Stock, it is important to understand the factors that can impact its price. At this point, Danaos is very steady. Danaos secures Sharpe Ratio (or Efficiency) of 0.012, which denotes the company had a 0.012% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Danaos, which you can use to evaluate the volatility of the firm. Please confirm Danaos' Variance of 2.56, standard deviation of 1.6, and Mean Deviation of 1.16 to check if the risk estimate we provide is consistent with the expected return of 0.019%.
At present, Danaos' Stock Based Compensation is projected to increase significantly based on the last few years of reporting. The current year's Stock Based Compensation To Revenue is expected to grow to 0.01, whereas Common Stock Total Equity is forecasted to decline to about 222.9 K. . At present, Danaos' Price Earnings Ratio is projected to increase based on the last few years of reporting. The current year's Price Earnings To Growth Ratio is expected to grow to 0.44, whereas Price Book Value Ratio is forecasted to decline to 0.47. Danaos Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 6th of October 2006 | 200 Day MA 81.7035 | 50 Day MA 83.947 | Beta 1.475 |
Danaos |
Sharpe Ratio = 0.012
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | DAC |
Estimated Market Risk
| 1.58 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Danaos 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 Danaos by adding Danaos to a well-diversified portfolio.
Price Book 0.4511 | Enterprise Value Ebitda 2.4072 | Price Sales 1.5196 | Shares Float 9.9 M | Dividend Share 0.8 |
Danaos Valuation on November 29, 2024
It is possible to determine the worth of Danaos on a given historical date. On November 29, 2024 Danaos was worth 79.22 at the beginning of the trading date compared to the closed value of 79.01. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Danaos stock. Still, in general, we apply an absolute valuation method to find Danaos' 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 Danaos where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Danaos' related companies.
| Open | High | Low | Close | Volume | |
| 79.22 | 79.88 | 78.25 | 79.01 | 146,550 | |
11/29/2024 | 79.22 | 79.88 | 78.25 | 79.01 | 0.00 |
| Backtest Danaos | | | Danaos History | | | Danaos Valuation | Previous |
Danaos Trading Date Momentum on November 29, 2024
| On November 29 2024 Danaos was traded for 79.01 at the closing time. Highest Danaos's price during the trading hours was 79.88 and the lowest price during the day was 78.25 . There was no trading activity during the period 0.0. Lack of trading volume on the 29th of November did not affect price variability. The overall trading delta to current price is 0.27% . |
Danaos Fundamentals Correlations and Trends
By evaluating Danaos' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Danaos' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Danaos financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Danaos Stock history
Danaos 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 Danaos is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Danaos 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 Danaos stock prices may prove useful in developing a viable investing in Danaos
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 19.9 M | 10.3 M | |
| Net Income Applicable To Common Shares | 643.1 M | 675.2 M |
Danaos Stock Technical Analysis
Danaos 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
Danaos Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Danaos cannot be verified against its exchange. Please verify the symbol is currently traded on New York 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.
Danaos November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Danaos stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Danaos shares will generate the highest return on investment. By undertsting and applying Danaos stock market strength indicators, traders can identify Danaos entry and exit signals to maximize returns
Danaos Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Danaos' price direction in advance. Along with the technical and fundamental analysis of Danaos Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Danaos 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 | (0.02) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.29) | |||
| Treynor Ratio | (0.36) |
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| Volume Indicators |
Complementary Tools for Danaos Stock analysis
When running Danaos' price analysis, check to measure Danaos' 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 Danaos is operating at the current time. Most of Danaos' value examination focuses on studying past and present price action to predict the probability of Danaos' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Danaos' price. Additionally, you may evaluate how the addition of Danaos to your portfolios can decrease your overall portfolio volatility.
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