Den Networks (India) Price on June 16, 2023

DEN Stock   44.64  0.12  0.27%   
Below is the normalized historical share price chart for Den Networks Limited extending back to November 24, 2009. 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 Den Networks stands at 44.64, as last reported on the 1st of December, with the highest price reaching 45.10 and the lowest price hitting 44.41 during the day.
200 Day MA
51.2163
50 Day MA
47.973
Beta
1.325
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Den Stock, it is important to understand the factors that can impact its price. Den Networks Limited secures Sharpe Ratio (or Efficiency) of -0.092, which denotes the company had a -0.092% return per unit of risk over the last 3 months. Den Networks Limited exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Den Networks' Variance of 5.04, mean deviation of 1.69, and Standard Deviation of 2.24 to check the risk estimate we provide.
  
As of December 1, 2024, Total Stockholder Equity is expected to decline to about 19 B. In addition to that, Common Stock Shares Outstanding is expected to decline to about 284.3 M. Den Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.092

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Negative ReturnsDEN

Estimated Market Risk

 2.25
  actual daily
20
80% of assets are more volatile

Expected Return

 -0.21
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.09
  actual daily
0
Most of other assets perform better
Based on monthly moving average Den Networks 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 Den Networks by adding Den Networks to a well-diversified portfolio.
Price Book
0.6036
Book Value
73.641
Enterprise Value
-8.5 B
Enterprise Value Ebitda
(3.92)
Price Sales
2.1682

Den Networks Valuation on June 16, 2023

It is possible to determine the worth of Den Networks on a given historical date. On June 16, 2023 Den was worth 33.85 at the beginning of the trading date compared to the closed value of 34.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Den Networks stock. Still, in general, we apply an absolute valuation method to find Den Networks' 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 Den Networks where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Den Networks' related companies.
 Open High Low Close Volume
  34.45    34.45    33.40    33.70    462,564  
06/16/2023
  33.85    34.75    33.45    34.40    2,860,238  
  34.25    35.30    34.15    34.35    902,583  
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Open Value
33.85
34.4
Closing Value
40.61
Upside

Den Networks Trading Date Momentum on June 16, 2023

On June 19 2023 Den Networks Limited was traded for  34.35  at the closing time. The highest price during the trading period was 35.30  and the lowest recorded bid was listed for  34.15 . The volume for the day was 902.6 K. This history from June 19, 2023 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.15% . The overall trading delta to the current price is 3.05% .

Den Networks Limited Fundamentals Correlations and Trends

By evaluating Den Networks' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Den Networks' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Den financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Den Networks Stock history

Den Networks 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 Den is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Den Networks Limited 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 Den Networks stock prices may prove useful in developing a viable investing in Den Networks
Last ReportedProjected for Next Year
Common Stock Shares Outstanding548.3 M284.3 M
Net Income Applicable To Common Shares1.6 B1.7 B

Den Networks Quarterly Net Working Capital

28.61 Billion

Den Networks Stock Technical Analysis

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

Den Networks Period Price Range

Low
December 1, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Den Networks Limited cannot be verified against its exchange. Please verify the symbol is currently traded on National Stock Exchange of India. 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.

Den Networks December 1, 2024 Market Strength

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

Den Networks Technical and Predictive Indicators

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

Complementary Tools for Den Stock analysis

When running Den Networks' price analysis, check to measure Den Networks' 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 Den Networks is operating at the current time. Most of Den Networks' value examination focuses on studying past and present price action to predict the probability of Den Networks' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Den Networks' price. Additionally, you may evaluate how the addition of Den Networks to your portfolios can decrease your overall portfolio volatility.
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